BERMUDA STAR LINE <BSL> TO MAKE ACQUISITION
Bermuda Star Line Inc said it has
agreed in principle to acquire 815-passenger SS Liberte from
Barnstead Shipping Ltd for use in its New York/Montreal
"Northeast Passages" cruises, starting this summer.
    The company said it is working to conclude a lease
financing or other financing for the purchase of the 23,500 ton
vessel, which is to be delivered in early April and renamed
Canada Star.
    Terms were not disclosed.
 Reuter
