Now there are signs that new players are eyeing the market.
One is Trondheim, Norway, entrepreneur Olav Norum. He is putting together a venture called Project Vision Quest that intends to target the U.S. market for conferences at sea with three 273 m long, 70,000 gt , 1,200 passenger ships developed in cooperation with Aker Finnyards Technology. The price tag of each ship would be around Euros 390 million (about $510 million). Plans are for the first ship to be delivered in 2007.
Facilities aboard each ship would include conference seating for 1,300 people, with some 3,500 square meter of convertible exhibition/conference space.