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Coral Expeditions appoints Richard Twynam as non-executive director

Richard Twynam, coral expeditions

Coral Expeditions has brought in former Azamara UK & Ireland boss Richard Twynam as non-executive director.

Twynam, who left Azamara back in December 2019, joins after it was revealed that Australia’s National Roads and Motorists Association (NRMA) has purchased a “significant minority stake” in the small-ship line.

Writing on Twitter, Twynam said: “Delighted to have worked on this project and thrilled to have been appointed a non exec director on the Coral Expeditions board. Exciting times ahead for both of these brands.”

Coral resumed some operations last October with sailings to the Great Barrier Reef, following a pause in operations because of Covid-19.

Speaking about the agreement with NRMA, Coral Expeditions executive director Paul Chacko said: “We began discussions with NRMA last year and were struck by the fit between both organisations. Both have long-term planning horizons, a guest and member-focused culture, and significant customer demographic overlap.

“The current shareholders have supported the transition to a new Bluewater fleet over the past six years.  This new partnership will allow Coral Expeditions to benefit from NRMA’s expertise while continuing its journey to tap strong long-term demand for expedition cruising.”

Group general manager Mark Fifield added: “For 35 years, Coral Expeditions has pioneered expedition cruising to the most remote natural habitats in Australia. This partnership will enable our team in Cairns to continue our vision to deliver remarkable experiences to our strong base of Australian guests.”

NRMA chief investment officer Rachel Wiseman added: “Over the past four years NRMA has been focused on finding more ways for Australians to experience the rich natural environment in which we live and believes that expedition tourism is one of best ways to do it.

“We are excited for the opportunity this provides for our members and Australians more broadly to enjoy the incredible experiences Coral offers.”

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