FORT LAUDERDALE, Fla., May 27, 2014 /PRNewswire/ -- PV Enterprises International, Inc. (OTC: PVEC, the "Company"), a global shipping management company, is pleased to provide a following corporate update to its shareholders and the investment community. This release includes information about the next phase of the company's business plan and enhanced corporate strategy.
PVEC has been in shipping management and brokerage services, developing operations in major trading in sectors representing an approximately $6 billion market. Management believes the company is now positioned to become a leader in specialty cruise and ferry operations and ecotourism; a rapidly growing segment of a $36 billion market.
"We realized people are the most profitable cargo," said Mr. Peter Villiotis, CEO of PVEC. "We are very excited about our focus on tourism in undeveloped areas, a much larger market where my unique experience as Chief of Technical Operations for two major Cruise lines for 25 years can be effectively utilized. PVEC has recognized the huge potential in specialty cruises coupled with ecotourism. This relatively new, immature and inefficient segment of this $36 billion market presents enormous potential. Furthermore implementing an ecofriendly touch to specialty cruises has many additional benefits including enhanced appeal, cost reductions and high acceptability."
"Consistent with our firm commitment to build a global integrated maritime services company, we have accomplished much this year to develop this plan. We established strategic alliances with an array of maritime companies and financing groups including agreements for charters and logistics with a Fortune 100 company; a signed agreement for purchase of a 3900 acre property in Bahamas Island to build a new ferry and cruise port destination port; and a signed agreement for the purchase of a cruise vessel, which is ready to begin our niche cruise and ferry operations. We have established our subsidiary, Zeus Travel, Inc., which has started sales as a booking agent and will be ready to take bookings for our cruises. A relationship has been established with a major insurance broker to obtain the necessary insurance umbrella coverage to support our Cruise/Ferry operations as well the new Cruise Port development."
"This is a very exciting time for the company; we are working tirelessly to grow our business and become a leading player of specialty ecotourism cruises." Adds Mr. Peter Villiotis, CEO of PV Enterprises.
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Safe Harbor Statement:
This press release contains statements, which may constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of PV Enterprises International, Inc., members of their management, and assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements.
SOURCE PV Enterprises International, Inc.