Fred. Olsen Cruise Lines names fifth ship

Fred. Olsen Cruise Lines has announced that its fifth ship will be called Balmoral and will be the first ship of this name to sail under the Fred. Olsen flag. The 34,242-ton vessel is being purchased from Star Cruises and is currently operating for Norwegian Cruise Lines as Norwegian Crown. It will transfer to Fred. Olsen Cruise Lines in autumn 2007 and begin cruising in January 2008.