CFM Covid-19 Update

Dear Clients,

As the impact of the coronavirus continues to reverberate across the globe, it really does represent an unprecedented situation. This global pandemic affecting all of our families, our businesses, our way of life and our beloved industry, which is always the first to be hit and the last to recover. During this time, we wanted to reach out and update you on how we’re approaching the situation at CFM.

First and most importantly, our hearts go out to anyone who's been impacted by the virus, either directly or indirectly. Our thoughts are especially with those who are ill – our heartfelt wishes for a full recovery. We’re truly inspired by the selfless healthcare workers around the world who are on the front lines working tirelessly to care for people in need.

Secondly, at CFM, we’re focused on the health and safety of our employees, families and communities. Our office staff have been strongly encouraged to work from home and our crew have been able to spend much valued time with their loved ones. For year after year our amazing crew spend 8 to 10 months of the year completely dedicated to our passengers. This selfless sacrifice often comes at the expense of time with loved ones. With our ships not in operation since early March and with no prospect of returning to the river in the near future, our staff have been able to reconnect with their family and spend much needed time at home. This has certainly been a positive aspect that should be cherished.

Thirdly, to our clients, we understand your business might be in unchartered territory, but we are sure your determination and strength will help you weather the storm and bounce back in the future. CFM will be here to support you and assist in any capacity possible. We are reviewing our terms & conditions in preparation for our return to business with our goal being to offer a more flexible service and adapt to the inevitable changes in the commercial environment. We are also reassessing all our business operations and seeking ways to improve and be more effective in the future. Our cruises are still scheduled to start from October 2020 which will be the start of the 2020-2021 season.

Finally we would like to wish you to remain safe and hope you have been able to find some time to do whatever it is that pleases you the most. We look forward to reconnecting with you in the future and there’s no doubt that very soon CFM will be once more offering your clients magnificent cruises along the mysterious Mekong!

From CFM team

TLG Capital bets on Myanmar cruise company

According to Reuters, small cap-focused TLG is currently conducting due diligence with a view to starting running cruises on the upper Irrawaddy River in 2013. It is expected to invest several million dollars.
Naidah Yazdani, general manager of Fluviale du Mekong, said Myanmar still needs to prove it is open to foreign capital, though. "They have to show a commitment to attract more foreign direct investment," he said. "As soon as that happens, there'll be investment from all over the world."
News of TLG's interest comes after sanctions against Myanmar were eased by the US earlier this month and the European Union over the last few months in the wake of the nation's first democratic by-elections since Aung San Suu Kyi was refused the right to govern Myanmar (then Burma) in 1990.

CFM cruise boat
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