The ongoing revival of the cruise industry is giving Greek ferry and cruise ship owner Marios Iliopoulos an opportunity to finally to cash in on a clutch of cruise ships he acquired at the beginning of the Covid-19 pandemic.

The Sea Jets ferry mogul’s 55,600-gt cruise ship Aegean Myth (built 1993) has been sold to a French start-up company at a price that indicates that values for older, mid-sized cruise ships are finally on a steep upward trajectory after languishing at close to scrap value since Covid-19 brought the cruise industry to an abrupt and extended halt in 2020.