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River Cruises: Watch out for bankruptcies

River Cruises: Watch out for bankruptcies

[+] Enlarge photo Cruise of the Mosel in Germany near the town of Mehring (Courtesy WendyVH ) The popular German cruise company Peter Deilmann Cruises will shut down by year end due to money trouble. Meanwhile, one of the largest European operators, Viking Cruises , has been having a bumpy ride financially. A planned funding deal this past spring to cover expenses has fallen through. But— unsurprisingly—Viking claims it is in sound financial condition, reports The Insider . Bottom line—be careful with whom you book a cruise with. Given the struggling economy, cruise lines—and the agencies that sell them—may sink in red ink. Book with a credit card.

Original Source River Cruises: Watch out for bankruptcies

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