The piece was about investors 'spending up big' at art auctions on P&O Cruises.
He was executive chairman of the shipping line P&O from 1983 to 2005, having joined the board as a non-executive Director on 6 February 1980, and is now Life President of P&O Cruises.
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When P&O Cruises purchased a controlling stake in Arkona Reisen in 1999, they transferred the ship, and it became part of the new AIDA Cruises fleet, and was named AIDAcara, after two of its sister ships entered operation, AIDAvita and AIDAaura.