04 Feb 2021
Aussie cruise line Coral Expeditions and the National Roads and Motorists’ Association (NRMA) have announced a new investment agreement.
The deal will see NRMA take a “significant” minority stake in Coral Expeditions to help the cruise line grow its operational footprint, according to a joint media release issued by both companies.
This investment comes on the back of Coral Expeditions’ successful resumption of operations following a six-month hiatus due to the global COVID-19 pandemic.
After the implementation of its SailSafe plan and new flexible booking options, Coral Expeditions completed its eighth successful voyage, with the Great Barrier Reef season starting in October.