Zen Cruises, a new venture established by the Essel Group that has its headquarters in Mumbai in India has emerged as buyer of Pacific Jewel of P&O Cruises Australia, a report said.
Meanwhile, Essel Group has appointed Jurgen Bailom as the President and CEO of Zen Cruises Pvt Ltd, Moneycontrol.com reported on its website.
"Bailom will steer the company on a course to captivate Indian cruise passengers with an offering par excellence. With Bailom's appointment, Essel Group heralds the announcement of India's premium cruise line with the purchase of its first ship, the Pacific Jewel a 70,285 (gross) ton, 2,000 passenger ship from P&O (Cruises) Australia," the company was cited as saying by Moneycontrol.
Essel Group is a conglomerate with presence in various business that range from media to healthy living and financial services, according to information on its website