8-K

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report: (Date of earliest event reported): August 19, 2002

American Classic Voyages Co.
(Exact Name of Registrant as Specified in Its Charter)

Delaware
(State or Other Jurisdiction of Incorporation)

0-9264 (Commission File Number)	31-0303330 (IRS Employer Identification Number)
Two North Riverside Plaza, Suite 600 Chicago, Illinois (Address of Principal Executive Offices)	60606 (Zip Code)

(312) 466-3171
(Registrant’s Telephone Number, Including Area Code)

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

Item 5. Other Events.

     As previously reported, on October 19, 2001, American Classic Voyages Co. (the “Company”) filed a voluntary petition for bankruptcy protection under Chapter 11 of the U.S. Bankruptcy Code (“Chapter 11”) in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”). On October 22, 2001, all of the Company’s subsidiaries other than Oceanic Ship Co., Project America, Inc., Project America Ship I, Inc. and Project America Ship II, Inc. (the “Non-Filing Subsidiaries”) filed a voluntary petition for bankruptcy protection under Chapter 11 in the Bankruptcy Court. On October 22, 2001, the Non-Filing Subsidiaries ceased all operations and the secured creditor, Holland America Line, took possession of the ms Patriot (the primary asset of Oceanic Ship Co.) in connection with the uncontested foreclosure of its maritime lien on the vessel. All subsidiaries of the Company other than the Non-Filing Subsidiaries are hereinafter referred to as the “Filing Subsidiaries.”

     Pursuant to the requirements of the previously disclosed filings under Chapter 11, on August 19, 2002, each of the Company and the Filing Subsidiaries filed a monthly operating report for the month ended July 31, 2002 (a “July 2002 Monthly Operating Report,” and collectively, the “Reports”) with the U.S. Trustee Office.

     The financial data included in the Reports is not audited. The Reports are in a format prescribed by applicable bankruptcy laws. There can be no assurance that, from the perspective of an investor or potential investor in the Company’s securities, the Reports are complete or presented on a basis consistent with the Company’s previous periodic filings. The Reports also contain information for periods different from those required in the Company’s reports pursuant to the Securities Exchange Act of 1934, as amended (“the Exchange Act”). This information might not be indicative of the Company’s financial condition or operating results for the period that would be reflected in the Company’s financial statements or in its reports pursuant to the Exchange Act. Results set forth in any of the Reports should not be viewed as indicative of future results.

2

     Copies of the Reports filed by each of the Company and the Filing Subsidiaries on August 19, 2002, are attached as Exhibits 99.1 through Exhibit 99.20 hereto.(1)

Item 7. Exhibits.

Exhibit Number	Exhibit
99.1	American Classic Voyages Co. July 2002 Monthly Operating Report, filed August 19, 2002
99.2	Great Ocean Cruise Line, L.L.C. July 2002 Monthly Operating Report, filed August 19, 2002
99.3	Great AQ Steamboat, L.L.C. July 2002 Monthly Operating Report, filed August 19, 2002
99.4	Cape May Light, L.L.C. July 2002 Monthly Operating Report, filed August 19, 2002
99.5	Cape Cod Light, L.L.C. July 2002 Monthly Operating Report, filed August 19, 2002
99.6	Great River Cruise Line, L.L.C. July 2002 Monthly Operating Report, filed August 19, 2002
99.7	Delta Queen Coastal Voyages, L.L.C. July 2002 Monthly Operating Report, filed August 19, 2002
99.8	DQSC Property Co. July 2002 Monthly Operating Report, filed August 19, 2002
99.9	Cruise America Travel, Incorporated July 2002 Monthly Operating Report, filed August 19, 2002
99.10	AMCV Cruise Operations, Inc. July 2002 Monthly Operating Report, filed August 19, 2002

(1) The Reports are included herein in their entirety except for Attachment 3 — Bank and Investment Account Statements (“Attachment 3”), which has been omitted. A summary of the activity presented on the respective Attachments 3 is included on the respective Attachments 2 — Schedule of Receipts and Disbursements for each of the Company and the Filing Subsidiaries.

3

99.11	CAT II, Inc. July 2002 Monthly Operating Report, filed August 19, 2002
99.12	Great Independence Ship Co. July 2002 Monthly Operating Report, filed August 19, 2002
99.13	The Delta Queen Steamboat Co. July 2002 Monthly Operating Report, filed August 19, 2002
99.14	Great Hawaiian Properties Corporation July 2002 Monthly Operating Report, filed August 19, 2002
99.15	Ocean Development Co. July 2002 Monthly Operating Report, filed August 19, 2002
99.16	AMCV Holdings, Inc. July 2002 Monthly Operating Report, filed August 19, 2002
99.17	DQSB II, Inc. July 2002 Monthly Operating Report, filed August 19, 2002
99.18	Great Hawaiian Cruise Line, Inc. July 2002 Monthly Operating Report, filed August 19, 2002
99.19	American Hawaii Properties Corporation July 2002 Monthly Operating Report, filed August 19, 2002
99.20	Great Pacific NW Cruise Line, L.L.C. July 2002 Monthly Operating Report, filed August 19, 2002

4

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	AMERICAN CLASSIC VOYAGES CO.
Date: August 22, 2002	By: /s/ JORDAN B. ALLEN
	Jordan B. Allen, Executive Vice President and General Counsel

5

Exhibit Index

Exhibit Number	Exhibit
99.1	American Classic Voyages Co. July 2002 Monthly Operating Report, filed August 19, 2002
99.2	Great Ocean Cruise Line, L.L.C. July 2002 Monthly Operating Report, filed August 19, 2002
99.3	Great AQ Steamboat, L.L.C. July 2002 Monthly Operating Report, filed August 19, 2002
99.4	Cape May Light, L.L.C. July 2002 Monthly Operating Report, filed August 19, 2002
99.5	Cape Cod Light, L.L.C. July 2002 Monthly Operating Report, filed August 19, 2002
99.6	Great River Cruise Line, L.L.C. July 2002 Monthly Operating Report, filed August 19, 2002
99.7	Delta Queen Coastal Voyages, L.L.C. July 2002 Monthly Operating Report, filed August 19, 2002
99.8	DQSC Property Co. July 2002 Monthly Operating Report, filed August 19, 2002
99.9	Cruise America Travel, Incorporated July 2002 Monthly Operating Report, filed August 19, 2002
99.10	AMCV Cruise Operations, Inc. July 2002 Monthly Operating Report, filed August 19, 2002
99.11	CAT II, Inc. July 2002 Monthly Operating Report, filed August 19, 2002
99.12	Great Independence Ship Co. July 2002 Monthly Operating Report, filed August 19, 2002

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99.13	The Delta Queen Steamboat Co. July 2002 Monthly Operating Report, filed August 19, 2002
99.14	Great Hawaiian Properties Corporation July 2002 Monthly Operating Report, filed August 19, 2002
99.15	Ocean Development Co. July 2002 Monthly Operating Report, filed August 19, 2002
99.16	AMCV Holdings, Inc. July 2002 Monthly Operating Report, filed August 19, 2002
99.17	DQSB II, Inc. July 2002 Monthly Operating Report, filed August 19, 2002
99.18	Great Hawaiian Cruise Line, Inc. July 2002 Monthly Operating Report, filed August 19, 2002
99.19	American Hawaii Properties Corporation July 2002 Monthly Operating Report, filed August 19, 2002
99.20	Great Pacific NW Cruise Line, L.L.C. July 2002 Monthly Operating Report, filed August 19, 2002

7 EX-99.1 3 g78052exv99w1.txt AMERICAN CLASSIC VOYAGES-MONTLY OPERATING REPORT EXHIBIT 99.1 DEBTOR: AMERICAN CLASSIC VOYAGES CO. CASE NUMBER: 01-10954 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED In accordance with title 28, section 1746, of the United States Code, I declare under penalty of perjury that I have examined the attached July Monthly Operating Report (Attachments 1 through 9) and, to the best of my knowledge, these documents are true, correct, and complete. /s/ STEVE MOELLER - ------------------------- Steve Moeller Director, Accounting DEBTOR: AMERICAN CLASSIC VOYAGES CO. CASE NUMBER: 01-10954 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED CONTENTS Attachment 1 Summary of Bank and Investment Accounts Attachment 2 Schedule of Receipts and Disbursements Attachment 3 Bank and Investment Account Statements Attachment 4 Income Statement Attachment 5 Balance Sheet Attachment 6 Summary of Due To/Due From Intercompany Accounts Attachment 7 Accounts Receivable Aging Attachment 8 Accounts Payable Detail Attachment 9 Notes to July Monthly Operating Report

Summary Of Bank And Investment Accounts Attachment 1 American Classic Voyages Co Summary Case No: 01-10954 (JCA) UNAUDITED American Classic Voyages Co For Month Of July, 2002 Balances ------------------------------- Receipts & Bank Opening Closing Disbursements Statements Account Account As Of 7/01/02 As Of 7/31/02 Included Included Reconciled - ------- ------------- ------------- -------- -------- ---------- AMCV Deferred Compensation 0.00 0.00 No - No - No - Bank One Account Account Account Account # - 1590101554 Closed Closed Closed AMCV Dental Benefits 0.00 0.00 No - No - No - Chase (JP Morgan Chase & Co) Account Account Account Account # - 002-2-426530 Closed Closed Closed AMCV Employee Stock Plan 0.00 0.00 No - No - No - LaSalle Bank Account Account Account Account # - 5800015140 Closed Closed Closed AMCV Insurance 0.00 0.00 No - No - No - LaSalle Bank Account Account Account Account # - 5800021411 Closed Closed Closed AMCV Medical Benefits 5,020.40 5,102.86 Yes No - Not Yes Chase (JP Morgan Chase & Co) Concentration Account # - 002-2-426522 Account American Classic Voyages Co 0.00 0.00 No - No - No - Master Cash Account Account Account LaSalle Bank Closed Closed Closed Account # - 2355464 American Classic Voyages Co 0.00 0.00 No - No - No - Payroll Account Account Account LaSalle Bank Closed Closed Closed Account # - 2369368 American Classic Voyages Co 0.00 0.00 No - No - No - PAC Account Account Account LaSalle Bank Closed Closed Closed Account # - 2355882 American Classic Voyages Co 34,695,730.63 1,760,963.47 Yes Yes Yes Investment Account Credit Suisse Asset Management Account # - 247003452 American Classic Voyages Co 0.00 0.00 No - No - No - Investment Account Account Account Account Goldman Sachs & Co. Closed Closed Closed Account # - 020-53613-2 American Classic Voyages Co 0.00 0.00 No - No - No - Investment Account Account Account Account Merrill Lynch Closed Closed Closed Account # - 318-3271750-7 American Classic Voyages Co 0.00 0.00 No - No - No - Investment Account Account Account Account Conifer Securities Closed Closed Closed Account # - 330-50683 1-8

Receipts & Disbursements Attachment 2-1 American Classic Voyages R&D - Chase - AMCV Med Ben Case No: 01-10954 (JCA) UNAUDITED Chase AMCV Medical Benefits Account # - 002-2-426522 1 July 02 - 31 July 02 Opening Balance - 1 July 02 5,020.40 Receipts 245.70 From United Healthcare (Reversal) --------- 245.70 Total Receipts Disbursements (163.24) To United Healthcare --------- (163.24) Total Disbursements Closing Balance - 31 July 02 5,102.86

Receipts & Disbursements Attachment 2-2 American Classic Voyages R&D - Credit Suisse Investment Account Case No: 01-10954 (JCA) UNAUDITED Credit Suisse Investment Account Account # - 247003452 1 July 02 - 31 July 02 Opening Balance - 1 July 02 34,695,730.63 Receipts 3,723.44 Interest Earned -------- 3,723.44 Total Receipts Disbursements (32,038,490.60) To The Delta Queen Steamboat Company - LaSalle Bank - Investment Cash Account (03-9042-30-4) (900,000.00) To The Delta Queen Steamboat Company - Hibernia - DQ Master Cash Account (812-395-335) -------- (32,938,490.60) Total Disbursements Closing Balance - 31 July 02 1,760,963.47

AMCV US SET OF BOOKS Date: 14-AUG-02 16:54:41 INCOME STATEMENT - ATTACHMENT 4 Page: 1 Current Period: JUL-02 currency USD Company=10 (AMCV)

PTD-Actual 31-Jul-02 ----------- Revenue Gross Revenue 0.00 Allowances 0.00 ----------- Net Revenue 0.00 Operating Expenses Air 0.00 Hotel 0.00 Commissions 0.00 Onboard Expenses 0.00 Passenger Expenses 0.00 Vessel Expenses 0.00 Layup/Drydock Expense 0.00 Vessel Insurance 0.00 ----------- Total Operating Expenses 0.00 Gross Profit 0.00 SG&A Expenses General and Admin Expenses 14,390.05 Sales & Marketing 0.00 Start-Up Costs 0.00 ----------- Total SG&A Expenses 14,390.05 ----------- EBITDA (14,390.05) Depreciation 13,786.61 ----------- Operating Income (28,176.66) Other Expense/(Income) Interest Income (4,940.98) Interest Expense 21,390.64 Equity in Earnings for Sub (176,302.22) Reorganization expenses 463,886.75 Other expense (550.00) ----------- Total Other Expense/(Income) 656,088.63 ----------- Net Pretax Income/(Loss) (684,265.29) Income Tax Expense 0.00 ----------- Net Income/(Loss) (684,265.29) ===========

AMCV US SET OF BOOKS Date: 14-AUG-02 17:12:07 BALANCE SHEET - ATTACHMENT 5 Page: 1 Current Period: JUL-02 currency USD Company=10 (AMCV)

YTD-Actual YTD-Actual 31-Jul-02 19-Oct-02 --------------- --------------- ASSETS Cash and Equivalent 1,760,963.47 10,343,248.25 Restricted Cash 80.78 0.00 Marketable Securities 0.00 337.15 Accounts Receivable 3,678,916.74 3,678,916.74 Inventories 0.00 0.00 Prepaid Expenses 79,453.96 0.00 Other Current Assets 0.00 0.00 --------------- --------------- Total Current Assets 5,519,414.95 14,022,502.14 Fixed Assets 4,972,716.68 4,979,716.68 Accumulated Depreciation (4,630,029.86) (4,497,369.91) --------------- --------------- Net Fixed Assets 342,686.82 482,346.77 Net Goodwill 0.00 81,420.64 Intercompany Due To/From 270,513,074.67 265,726,906.60 Net Deferred Financing Fees 3,208,595.90 3,408,954.89 Net Investment in Subsidiaries (555,226,677.75) 48,551,297.73 Other Non Current Assets 0.00 109,986.54 --------------- --------------- Total Other Assets (281,505,007.18) 317,878,566.40 --------------- --------------- Total Assets (275,642,905.41) 332,383,415.31 =============== ===============

AMCV US SET OF BOOKS Date: 14-AUG-02 17:12:07 BALANCE SHEET - ATTACHMENT 5 Page: 2 Current Period: JUL-02 currency USD Company=10 (AMCV)

YTD-Actual YTD-Actual 31-Jul-02 19-Oct-02 --------------- --------------- LIABILITIES Accounts Payable 0.00 0.00 Accrued Liabilities 1,783,392.72 1,089,864.63 Deposits 0.00 0.00 --------------- --------------- Total Current Liabilities 1,783,392.72 1,089,864.63 Long Term Debt 0.00 0.00 Other Long Term Liabilities (3,221,982.41) (3,434,093.96) --------------- --------------- Total Liabilities (1,438,589.69) (2,344,229.33) Liabilities Subject to Compromise 200,418,510.55 200,418,510.55 OWNER'S EQUITY Common Stock 211,013.08 211,013.08 Add'l Paid In Capital 204,438,037.35 204,438,037.35 Current Net Income (Loss) (605,251,409.70) (40,694,620.74) Retained Earnings (74,020,467.00) (29,645,295.60) --------------- --------------- Total Owner's Equity (474,622,826.27) 134,309,134.09 --------------- --------------- Total Liabilities & Equity (275,642,905.41) 332,383,415.31 =============== ===============

American Classic Voyages Co. ATTACHMENT 6 01-10954 (JCA) Summary List of Due To/Due From Accounts For the Month Ended July 31, 2002 BEGINNING ENDING AFFILIATE NAME CASE NUMBER BALANCE DEBITS CREDITS BALANCE AMCV Cruise Operations, Inc. 01-10967 50,176,429.28 32,954,350.65 491,326.84 82,639,453.09 The Delta Queen Steamboat Co. 01-10970 6,235,723.33 -- 31,052.89 6,204,670.44 DQSB II, Inc. 01-10974 22,836.06 -- -- 22,836.06 Great AQ Steamboat, L.L.C 01-10960 (22,407,920.91) -- 168.00 (22,408,088.91) Great Pacific NW Cruise Line, L.L.C 01-10977 (15,472,854.20) -- -- (15,472,854.20) Great River Cruise Line, L.L.C 01-10963 6,702,386.55 -- -- 6,702,386.55 Great Ocean Cruise Line, L.L.C 01-10959 (29,578,514.46) -- -- (29,578,514.46) Cruise America Travel, Incorporated 01-10966 103,377.71 -- -- 103,377.71 Delta Queen Coastal Voyages, L.L.C 01-10964 934,299.38 -- -- 934,299.38 Cape Cod Light, L.L.C 01-10962 (1,670,131.78) -- -- (1,670,131.78) Cape May Light, L.L.C 01-10961 (656,724.33) 350.00 -- (656,374.33) Project America, Inc. N/A (29,154,390.86) -- -- (29,154,390.86) Oceanic Ship Co. N/A 41,569,662.42 120.00 -- 41,569,782.42 Project America Ship I, Inc. N/A 1,793,166.15 -- -- 1,793,166.15 Project America Ship II, Inc. N/A 27,241,846.63 -- -- 27,241,846.63 Ocean Development Co. 01-10972 206,389,119.70 -- -- 206,389,119.70 Great Hawaiian Cruise Line, Inc. 01-10975 3,571,229.75 -- -- 3,571,229.75 Great Hawaiian Properties Corporation 01-10971 (51,110,970.59) -- -- (51,110,970.59) American Hawaii Properties Corporation 01-10976 2,484,040.72 -- -- 2,484,040.72 Great Independence Ship Co. 01-10969 24,948,774.58 -- -- 24,948,774.58 CAT II, Inc. 01-10968 15,959,416.62 -- -- 15,959,416.62 --------------------------------------------------------------------- 238,080,801.75 32,954,820.65 522,547.73 270,513,074.67 =====================================================================

American Classic Voyages Co. 01-10954 (JCA) Accounts Receivable Aging As of July 31, 2002 Attachment 7 Not Applicable American Classic Voyages Co. 01-10954 (JCA) Accounts Payable Detail As of July 31, 2002 Attachment 8 Not Applicable DEBTOR: AMERICAN CLASSIC VOYAGES CO. CASE NUMBER: 01-10954 (JCA) PRELIMINARY MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED ATTACHMENT 9 NOTES TO JULY MONTHLY OPERATING REPORT The information contained herein is unaudited. Liabilities included in these financial statements reflect amounts known by the Company to have been incurred. The Company has listed in prior filings with the United States Trustee potential additional claims it believes may be asserted against the Company. To the best of the Debtor's knowledge and belief, based on currently available information, all Federal income and payroll taxes due and owing have been paid. 1. Deferred financing costs represent costs incurred in connection with placing pre-petition debt instruments. Deferred financing costs are being amortized to interest expense over the term of the applicable debt instrument. 2. Other long-term liabilities consists of deferred tax assets and liabilities, net. Deferred tax assets and liabilities have been recognized for the expected future tax consequences of temporary differences between carrying amounts and the tax basis of assets and liabilities. The Debtor has not recorded adjustments to these amounts pending the outcome of Chapter 11 proceedings. 3. The Debtor has ceased recording accruals for distributions on its Trust Preferred securities. Historically, these accruals for these distributions were charged to "interest expense and other financing costs." 4. Accounts Receivable represents pre-petition total hold-backs by Paymentech, Inc., the Debtor's credit card processing agent against pre-petition customer deposits. Detail for such hold-backs has not been received from Paymentech, Inc. 5. The cash proceeds of $33.8 million from sale of assets by some of the Debtors were received on May 31, 2002. The proceeds were transferred to the appropriate Debtor, the Delta Queen Steamboat Co. EX-99.2 4 g78052exv99w2.txt GREAT OCEAN CRUISE-MONTHLY OPERATING REPORT EXHIBIT 99.2 DEBTOR: GREAT OCEAN CRUISE LINE, L.L.C. CASE NUMBER: 01-10959 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED In accordance with title 28, section 1746, of the United States Code, I declare under penalty of perjury that I have examined the attached July Monthly Operating Report (Attachments 1 through 9) and, to the best of my knowledge, these documents are true, correct, and complete. /s/ STEVE MOELLER - -------------------- Steve Moeller Director, Accounting DEBTOR: GREAT OCEAN CRUISE LINE, L.L.C. CASE NUMBER: 01-10959 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED CONTENTS Attachment 1 Summary of Bank and Investment Accounts Attachment 2 Schedule of Receipts and Disbursements Attachment 3 Bank and Investment Account Statements Attachment 4 Income Statement Attachment 5 Balance Sheet Attachment 6 Summary of Due To/Due From Intercompany Accounts Attachment 7 Accounts Receivable Aging Attachment 8 Accounts Payable Detail Attachment 9 Notes to July Monthly Operating Report

Summary Of Bank, Investment & Petty Cash Accounts Attachment 1 ------------------------------------------------- Great Ocean Cruise Line, L.L.C. ------------------------------- Summary Case No: 01-10959 (JCA) Unaudited ----------------------- Great Ocean Cruise Line, LLC For Month Of July, 2002 ----------------------- Balances ------------------------------ Receipts & Bank Opening Closing Disbursements Statements Account Account As Of 7/01/02 As Of 7/31/02 Included Included Reconciled - ------- ------------- ------------- ------------- ------------- ---------- Mississippi Queen Steamer 15,600.72 15,105.72 Yes No - Not Yes Hibernia Concentration Account # - 812-502-719 Account Mississippi Queen 0.00 0.00 No - No Not A Bank No - No Petty Cash Activity Account Activity

Receipts & Disbursements Attachment 2 ------------------------ Great Ocean Cruise Line, L.L.C. ------------------------------- R&D - Hibernia - MQ Steamer Case No: 01-10959 (JCA) Unaudited ----------------------- Hibernia -------- Mississippi Queen Steamer Account --------------------------------- Account # - 812-502-719 ----------------------- 1 July 02 - 31 July 02 ---------------------- Opening Balance - 1 July 02 - -------------------------- 15,600.72 Receipts - -------- --------- 0.00 Total Receipts Disbursements - ------------- --------- 0.00 Total Disbursements (* See Footnote) Closing Balance - 31 July 02 - ---------------------------- 15,105.72

*$495.00 Of Disbursements Not Reflected In Disbursements Above Due To Being Reimbursed By Buyer Of Assets At Closing.

Concentration & Investment Account Statements Attachment 3 --------------------------------------------- Great Ocean Cruise Line, L.L.C. ------------------------------- Summary Case No: 01-10959 (JCA) ----------------------- Great Ocean Cruise Line, LLC For Month Of July, 2002 ----------------------- Attach 3

No Statements Due To No Concentration Or Investment Accounts AMCV US SET OF BOOKS Date: 14-AUG-02 16:54:46 INCOME STATEMENT - ATTACHMENT 4 Page: 1 Current Period: JUL-02

currency USD Company=21 (MISSISSIPPI QUEEN) PTD-Actual 31-Jul-02 ---------- Revenue Gross Revenue 0.00 Allowances 0.00 ---------- Net Revenue 0.00 Operating Expenses Air 0.00 Hotel 0.00 Commissions 0.00 Onboard Expenses 0.00 Passenger Expenses (375.13) Vessel Expenses 62.81 Layup/Drydock Expense 0.00 Vessel Insurance 13,931.34 ---------- Total Operating Expenses 13,619.02 ---------- Gross Profit (13,619.02) SG&A Expenses Sales & Marketing 0.00 Start-Up Costs 0.00 ---------- Total SG&A Expenses 0.00 ---------- EBITDA (13,619.02) Depreciation 0.00 ---------- Operating Income (13,619.02) Other Expense/(Income) Interest Income 0.00 Equity in Earnings for Sub 0.00 Reorganization expenses 0.00 ---------- Total Other Expense/(Income) 0.00 ---------- Net Pretax Income/(Loss) (13,619.02) Income Tax Expense 0.00 ---------- Net Income/(Loss) (13,619.02) ==========

AMCV US SET OF BOOKS Date: 14-AUG-02 17:03:38 BALANCE SHEET - ATTACHMENT 5 Page: 1 Current Period: JUL-02

currency USD Company=21 (MISSISSIPPI QUEEN) YTD-Actual YTD-Actual 31-Jul-02 22-Oct-02 ------------- -------------- ASSETS Cash and Equivalent 11,331.72 91,427.94 Restricted Cash 0.00 0.00 Accounts Receivable 0.00 61,448.42 Inventories 0.00 387,173.50 Prepaid Expenses 0.00 9,438.70 Other Current Assets 0.00 (14,555.00) ------------- -------------- Total Current Assets 11,331.72 534,933.56 Fixed Assets 0.00 32,530,486.54 Accumulated Depreciation 0.00 (22,994,750.57) ------------- -------------- Net Fixed Assets 0.00 9,535,735.97 Net Goodwill 0.00 0.00 Intercompany Due To/From 21,746,034.56 19,836,574.32 Net Deferred Financing Fees 0.00 0.00 Net Investment in Subsidiaries 0.00 0.00 ------------- -------------- Total Other Assets 21,746,034.56 19,836,574.32 ------------- -------------- Total Assets 21,757,366.28 29,907,243.85 ============= ==============

AMCV US SET OF BOOKS Date: 14-AUG-02 17:03:38 BALANCE SHEET - ATTACHMENT 5 Page: 2 Current Period: JUL-02

currency USD Company=21 (MISSISSIPPI QUEEN) YTD-Actual YTD-Actual 31-Jul-02 22-Oct-02 ------------- ------------- LIABILITIES Accounts Payable 1,826.90 9,423.11 Accrued Liabilities 6,471.70 935,232.90 Deposits 0.00 0.00 ------------- ------------- Total Current Liabilities 8,298.60 944,656.01 Long Term Debt 0.00 0.00 Other Long Term Liabilities 0.00 0.00 ------------- ------------- Total Liabilities 8,298.60 944,656.01 Liabilities Subject to Compromise 2,667,587.11 2,827,647.41 OWNER'S EQUITY Common Stock 0.00 0.00 Add'l Paid In Capital 4,571,000.00 4,571,000.00 Current Net Income (Loss) (6,695,662.15) (984,131.23) Retained Earnings 21,206,142.72 22,548,071.66 ------------- ------------- Total Owner's Equity 19,081,480.57 26,134,940.43 ------------- ------------- Total Liabilities & Equity 21,757,366.28 29,907,243.85 ============= =============

Great Ocean Cruise Line, L.L.C. ATTACHMENT 6 01-10959 (JCA) Summary List of Due To/Due From Accounts Ror the Month Ended July 31, 2002 Beginning Ending Affiliate Name Case Number Balance Debits Credits Balance - -------------- ----------- -------------- -------- --------- -------------- American Classic Voyages Co. 01-10954 29,578,514.46 -- -- 29,578,514.46 AMCV Cruise Operations, Inc. 01-10967 (22,063,759.00) -- 16,528.63 (22,080,287.63) The Delta Queen Steamboat Co. 01-10970 17,670,609.52 5,894.15 8,433.34 17,668,070.33 DQSB II, Inc. 01-10974 (877.52) -- -- (877.52) Great AQ Steamboat, L.L.C 01-10960 14,507.47 -- -- 14,507.47 Great Pacific NW Cruise Line, L.L.C 01-10977 10,219.55 -- -- 10,219.55 Great River Cruise Line, L.L.C 01-10963 (503,950.75) -- -- (503,950.75) Cruise America Travel, Incorporated 01-10966 (2,953,907.27) -- -- (2,953,907.27) Delta Queen Coastal Voyages, L.L.C 01-10964 85,950.95 -- -- 85,950.95 Cape Cod Light, L.L.C 01-10962 4,980.00 -- -- 4,980.00 Cape May Light, L.L.C 01-10961 1,844.01 -- -- 1,844.01 Project America, Inc. N/A (4,475.20) -- -- (4,475.20) Great Hawaiian Cruise Line, Inc. 01-10975 (37,394.43) -- -- (37,394.43) Great Hawaiian Properties Corporation 01-10971 (34,964.32) -- -- (34,964.32) Great Independence Ship Co. 01-10969 (2,195.09) -- -- (2,195.09) -------------- -------- --------- -------------- 21,765,102.38 5,894.15 24,961.97 21,746,034.56 ============== ======== ========= ==============

Great Ocean Cruise Line, L.L.C. 01-10959 (JCA) Accounts Receivable Aging As of July 31, 2002 Attachment 7 Not Applicable MISSISSIPPI QUEEN AP-STEAMER CHECKS 21-000-221300-00000 July-02 Outstanding Checks: 17103 Garrett TV & Appliances 498.75 17104 Marvin Ross 957.96 17165 Jim Coulson-MCI 50.69 17183 S. Baham-Spiegel 20.00 17190 C. Sisson-J. Sisson 199.50 17248 A. Sisson-J. Sisson 100.00 -------- Total per G/L: 1,826.90 ======== ATTACHMENT #8 DEBTOR: GREAT OCEAN CRUISE LINE, L.L.C. CASE NUMBER: 01-10959 (JCA) PRELIMINARY MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED ATTACHMENT 9 NOTES TO JULY MONTHLY OPERATING REPORT The information contained herein is unaudited. Liabilities included in these financial statements reflect amounts known by the Company to have been incurred. The Company has listed in prior filings with the United States Trustee potential additional claims it believes may be asserted against the Company. To the best of the Debtor's knowledge and belief, based on currently available information, all Federal income and payroll taxes due and owing have been paid. 1. The Mississippi Queen resumed voyage sailing on May 7, 2002 (the "cut-off date"). Pursuant to the asset purchase agreement dated May 31, 2002 (the "close date"), the revenue and expenses between the cut-off date and the close date accrued to the benefit of the Purchaser. The cash disbursements for such expenses are not reflected herein on Attachment 2. An accounts receivable for these disbursements has been recorded on The Delta Queen Steamboat Co's books due to the Debtors' commingled cash management system. EX-99.3 5 g78052exv99w3.txt GREAT AQ STEAMBOAT- MONTHLY OPERATING REPORT EXHIBIT 99.3 DEBTOR: GREAT AQ STEAMBOAT, L.L.C. CASE NUMBER: 01-10960 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED In accordance with title 28, section 1746, of the United States Code, I declare under penalty of perjury that I have examined the attached July Monthly Operating Report (Attachments 1 through 9) and, to the best of my knowledge, these documents are true, correct, and complete. /s/ STEVE MOELLER - ---------------------------- Steve Moeller Director, Accounting DEBTOR: GREAT AQ STEAMBOAT, L.L.C. CASE NUMBER: 01-10960 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED CONTENTS Attachment 1 Summary of Bank and Investment Accounts Attachment 2 Schedule of Receipts and Disbursements Attachment 3 Bank and Investment Account Statements Attachment 4 Income Statement Attachment 5 Balance Sheet Attachment 6 Summary of Due To/Due From Intercompany Accounts Attachment 7 Accounts Receivable Aging Attachment 8 Accounts Payable Detail Attachment 9 Notes to July Monthly Operating Report

Summary Of Bank, Investment & Petty Cash Accounts Attachment 1 Great AQ Steamboat, L.L.C. Summary Case No: 01-10960 (JCA) UNAUDITED Great AQ Steamboat, LLC For Month Of July, 2002 Balances ------------------------------ Receipts & Bank Opening Closing Disbursements Statements Account Account As Of 7/01/02 As Of 7/31/02 Included Included Reconciled - ------- ------------- ------------- -------- -------- ---------- American Queen Steamer 0.00 0.00 No - No - Not No - Hibernia No Activity Concentration No Activity Account # - 812-395-343 Account American Queen 0.00 0.00 No - Not A Bank No - Petty Cash No Activity Account No Activity

20-Jul-02 Receipts & Disbursements Attachment 2 3:09 PM Great AQ Steamboat, L.L.C. Summary Case No: 01-10960 (JCA) Great AQ Steamboat, LLC For Month Of June, 2002 Attach 2

No Receipts Or Disbursements Due To All Accounts Closed

Concentration & Investment Account Statements Attachment 3 Great AQ Steamboat, L.L.C. Summary Case No: 01-10960 (JCA) Great AQ Steamboat, LLC For Month Of July, 2002 Attach 3

No Statements Due To No Concentration Or Investment Accounts AMCV US SET OF BOOKS Date: 14-AUG-02 16:54:46 INCOME STATEMENT - ATTACHMENT 4 Page: 1 Current Period: JUL-02 currency USD Company=23 (AMERICAN QUEEN)

PTD-Actual 31-Jul-02 ---------- Revenue Gross Revenue 0.00 Allowances 0.00 ---------- Net Revenue 0.00 Operating Expenses Air 0.00 Hotel 0.00 Commissions 0.00 Onboard Expenses 0.00 Passenger Expenses 0.00 Vessel Expenses 0.00 Layup/Drydock Expense 0.00 Vessel Insurance 22,789.22 ---------- Total Operating Expenses 22,789.22 ---------- Gross Profit (22,789.22) SG&A Expenses Sales & Marketing 0.00 Start-Up Costs 0.00 ---------- Total SG&A Expenses 0.00 ---------- EBITDA (22,789.22) Depreciation 0.00 ---------- Operating Income (22,789.22) Other Expense/(Income) Interest Income 0.00 Equity in Earnings for Sub 0.00 Reorganization expenses 0.00 ---------- Total Other Expense/(Income) 0.00 ---------- Net Pretax Income/(Loss) (22,789.22) Income Tax Expense 0.00 ---------- Net Income/(Loss) (22,789.22) ==========

AMCV US SET OF BOOKS Date: 14-AUG-02 17:03:41 BALANCE SHEET - ATTACHMENT 5 Page: 1 Current Period: JUL-02 currency USD Company=23 (AMERICAN QUEEN)

YTD-Actual YTD-Actual 31-Jul-02 22-Oct-02 ------------- ------------- ASSETS Cash and Equivalent 0.00 27,915.55 Restricted Cash 0.00 0.00 Accounts Receivable 0.00 100,111.04 Inventories 0.00 436,746.94 Prepaid Expenses 0.00 1,126.00 Other Current Assets 0.00 189,129.97 ------------- ------------- Total Current Assets 0.00 755,029.50 Fixed Assets 0.00 76,449,630.83 Accumulated Depreciation 0.00 (23,703,366.77) ------------- ------------- Net Fixed Assets 0.00 52,746,264.06 Net Goodwill 0.00 0.00 Intercompany Due To/From 33,518,284.84 11,900,053.46 Net Deferred Financing Fees 0.00 561,110.86 Net Investment in Subsidiaries 0.00 0.00 ------------- ------------- Total Other Assets 33,518,284.84 12,461,164.32 ------------- ------------- Total Assets 33,518,284.84 65,962,457.88 ============= =============

AMCV US SET OF BOOKS Date: 14-AUG-02 17:03:41 BALANCE SHEET - ATTACHMENT 5 Page: 2 Current Period: JUL-02 currency USD Company=23 (AMERICAN QUEEN)

YTD-Actual YTD-Actual 31-Jul-02 22-Oct-02 ------------- ------------- LIABILITIES Accounts Payable 1,774.58 5,469.58 Accrued Liabilities 0.00 754,127.79 Deposits 0.00 25.00 ------------- ------------- Total Current Liabilities 1,774.58 759,622.37 Long Term Debt 0.00 0.00 Other Long Term Liabilities 0.00 0.00 ------------- ------------- Total Liabilities 1,774.58 759,622.37 Liabilities Subject to Compromise 2,341,087.01 48,583,115.71 OWNER'S EQUITY Common Stock 1,000.00 1,000.00 Add'l Paid In Capital 4,060,000.00 4,060,000.00 Current Net Income (Loss) 14,739,771.95 (493,470.71) Retained Earnings 12,374,651.30 13,052,190.51 ------------- ------------- Total Owner's Equity 31,175,423.25 16,619,719.80 ------------- ------------- Total Liabilities & Equity 33,518,284.84 65,962,457.88 ============= =============

Great AQ Steamboat, LLC ATTACHMENT 6 01-10960 (JCA) Summary List of Due To/Due From Accounts For the Month Ended July 31, 2002 BEGINNING ENDING AFFILIATE NAME CASE NUMBER BALANCE DEBITS CREDITS BALANCE American Classic Voyages Co. 01-10954 22,407,920.91 168.00 -- 22,408,088.91 AMCV Cruise Operations, Inc. 01-10967 (22,861,057.77) -- 5,581.29 (22,866,639.06) The Delta Queen Steamboat Co. 01-10970 38,925,728.55 -- 17,375.93 38,908,352.62 DQSB II, Inc. 01-10974 (919.60) -- -- (919.60) Great Pacific NW Cruise Line, L.L.C 01-10977 5,552.79 -- -- 5,552.79 Great River Cruise Line, L.L.C 01-10963 (168,013.44) -- -- (168,013.44) Great Ocean Cruise Line, L.L.C 01-10959 (14,507.47) -- -- (14,507.47) Cruise America Travel, Incorporated 01-10966 (3,165,198.27) -- -- (3,165,198.27) Delta Queen Coastal Voyages, L.L.C 01-10964 144,264.37 -- -- 144,264.37 Cape Cod Light, L.L.C 01-10962 (500,000.00) -- -- (500,000.00) Cape May Light, L.L.C 01-10961 (1,640,241.44) -- -- (1,640,241.44) Project America, Inc. N/A (15,864.24) -- -- (15,864.24) Oceanic Ship Co. N/A (7,408.30) -- -- (7,408.30) Project America Ship I, Inc. N/A 459,787.19 -- -- 459,787.19 Great Hawaiian Properties Corporation 01-10971 (22,591.38) -- -- (22,591.38) American Hawaii Properties Corporation 01-10976 (1,496.24) -- -- (1,496.24) Great Independence Ship Co. 01-10969 (4,881.60) -- -- (4,881.60) -------------------------------------------------------------- 33,541,074.06 168.00 22,957.22 33,518,284.84 ==============================================================

Great AQ Steamboat, L.L.C. 01-10960 (JCA) Accounts Receivable Aging As of July 31, 2002 Attachment 7 Not Applicable AMERICAN QUEEN AP-STEAMER CHECKS 23-000-221300-00000 JULY-02 OUTSTANDING CHECKS: 17707 Tashanda Morreno-Amber Hensley 60.00 17732 Peter Levaneur-Sally Ralicki 100.00 17768 Bryant Johnson-Kenshell Lang 80.00 17779 Mark King-Rosa Trumble 170.00 17820 Joe Willett-NARP 28.00 17827 B. Grisham-AG Edwards 100.00 17828 Mark King 340.00 17837 Daniel Smith-Anastastia Jones 75.00 17848 J. Hill-Neurosurgical Specialties 117.00 17850 E. Newman- R. Ryan 250.00 17851 Louis Ford-SJ Beaulieau 225.00 17852 Jocelyn Beasley-Payoff Voucher 95.47 17853 Ben Vandeven 17.18 17854 Matt Copeland 16.93 17863 Julia Hill-Sears 100.00 --------- Total per G/L: 1,774.58 ========= ATTACHMENT # 8 DEBTOR: GREAT AQ STEAMBOAT, L.L.C. CASE NUMBER: 01-10960 (JCA) PRELIMINARY MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED ATTACHMENT 9 NOTES TO JULY MONTHLY OPERATING REPORT The information contained herein is unaudited. Liabilities included in these financial statements reflect amounts known by the Company to have been incurred. The Company has listed in prior filings with the United States Trustee potential additional claims it believes may be asserted against the Company. To the best of the Debtor's knowledge and belief, based on currently available information, all Federal income and payroll taxes due and owing have been paid. EX-99.4 6 g78052exv99w4.txt CAPE MAY LIGHT-MONTHLY OPERATING REPORT EXHIBIT 99.4 DEBTOR: CAPE MAY LIGHT, L.L.C. CASE NUMBER: 01-10961 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED In accordance with title 28, section 1746, of the United States Code, I declare under penalty of perjury that I have examined the attached July Monthly Operating Report (Attachments 1 through 9) and, to the best of my knowledge, these documents are true, correct, and complete. /s/ STEVE MOELLER - -------------------------------- Steve Moeller Director, Accounting DEBTOR: CAPE MAY LIGHT, L.L.C. CASE NUMBER: 01-10961 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED CONTENTS Attachment 1 Summary of Bank and Investment Accounts Attachment 2 Schedule of Receipts and Disbursements Attachment 3 Bank and Investment Account Statements Attachment 4 Income Statement Attachment 5 Balance Sheet Attachment 6 Summary of Due To/Due From Intercompany Accounts Attachment 7 Accounts Receivable Aging Attachment 8 Accounts Payable Detail Attachment 9 Notes to July Monthly Operating Report

Summary Of Bank, Investment & Petty Cash Accounts Attachment 1 Cape May Light, L.L.C. Summary Case No: 01-10961 (JCA) UNAUDITED Cape May Light, LLC For Month Of July, 2002 Balances ------------------------------ Receipts & Bank Opening Closing Disbursements Statements Account Account As Of 7/01/02 As Of 7/31/02 Included Included Reconciled - ------- ------------- ------------- -------- -------- ---------- American Classic Voyages Co. 0.00 0.00 No - No - No - Bank of America Account Account Account Account # - 0030 6982 7205 Closed Closed Closed Cape May Light Escrow 0.00 0.00 No - Amount Was No - Account Is No US Dept of Transportation Offset Against Under Control Maritime Administration Debt To Maritime Of Maritime Administration Administration - No Statements American Classic Voyages Co. 0.00 0.00 No - No - No - Bank of America Account Account Account Account # - 0041 6103 2379 Closed Closed Closed Cape May Light 0.00 0.00 No - No - Not No - Petty Cash No Activity A Bank No Activity Account

Receipts & Disbursements Attachment 2 Cape May Light, L.L.C. Summary Case No: 01-10961 (JCA) Cape May Light, LLC For Month Of July, 2002 Attach 2

No Receipts Or Disbursements Due To No Bank Activity Or Investment Accounts

Concentration & Investment Account Statements Attachment 3 Cape May Light, L.L.C. Summary Case No: 01-10961 (JCA) Cape May Light, LLC For Month Of July, 2002 Attach 3

No Statements Due To No Concentration Or Investment Accounts AMCV US SET OF BOOKS Date: 14-AUG-02 16:54:52 INCOME STATEMENT - ATTACHMENT 4 Page: 1 Current Period: JUL-02 currency USD Company=31 (CAPE MAY LIGHT)

PTD-Actual 31-Jul-02 ---------- Revenue Gross Revenue 0.00 Allowances 0.00 --------- Net Revenue 0.00 Operating Expenses Air 0.00 Hotel 0.00 Commissions 0.00 Onboard Expenses 0.00 Passenger Expenses 0.00 Vessel Expenses 0.00 Layup/Drydock Expense 0.00 Vessel Insurance 2,679.52 --------- Total Operating Expenses 2,679.52 --------- Gross Profit (2,679.52) SG&A Expenses Sales & Marketing 0.00 Start-Up Costs 0.00 --------- Total SG&A Expenses 0.00 --------- EBITDA (2,679.52) Depreciation 0.00 --------- Operating Income (2,679.52) Other Expense/(Income) Interest Income 0.00 Equity in Earnings for Sub 0.00 Reorganization expenses 0.00 --------- Total Other Expense/(Income) 0.00 --------- Net Pretax Income/(Loss) (2,679.52) Income Tax Expense 0.00 --------- Net Income/(Loss) (2,679.52) =========

AMCV US SET OF BOOKS Date: 14-AUG-02 17:03:45 BALANCE SHEET - ATTACHMENT 5 Page: 1 Current Period: JUL-02 currency USD Company=31 (CAPE MAY LIGHT)

YTD-Actual YTD-Actual 31-Jul-02 22-Oct-02 ------------- ------------- ASSETS Cash and Equivalent 0.00 29,003.54 Restricted Cash 0.00 785,839.00 Accounts Receivable 0.00 15,651.15 Inventories 0.00 750,424.74 Prepaid Expenses 0.00 71,343.83 Other Current Assets 0.00 0.00 ------------- ------------- Total Current Assets 0.00 1,652,262.26 Fixed Assets 0.00 42,033,338.72 Accumulated Depreciation 0.00 (550,825.00) ------------- ------------- Net Fixed Assets 0.00 41,482,513.72 Net Goodwill 0.00 0.00 Intercompany Due To/From (12,523,737.74) (12,278,102.19) Net Deferred Financing Fees 0.00 2,559,333.82 Net Investment in Subsidiaries 0.00 0.00 ------------- ------------- Total Other Assets (12,523,737.74) (9,718,768.37) ------------- ------------- Total Assets (12,523,737.74) 33,416,007.61 ============= =============

AMCV US SET OF BOOKS Date: 14-AUG-02 17:03:45 BALANCE SHEET - ATTACHMENT 5 Page: 2 Current Period: JUL-02 currency USD Company=31 (CAPE MAY LIGHT)

YTD-Actual YTD-Actual 31-Jul-02 22-Oct-02 ------------- ------------- LIABILITIES Accounts Payable 310.00 18,286.96 Accrued Liabilities 0.00 454,710.16 Deposits 0.00 0.00 ------------- ------------- Total Current Liabilities 310.00 472,997.12 Long Term Debt 0.00 0.00 Other Long Term Liabilities 0.00 0.00 ------------- ------------- Total Liabilities 310.00 472,997.12 Liabilities Subject to Compromise 39,141,915.81 39,937,580.57 OWNER'S EQUITY Common Stock 0.00 0.00 Add'l Paid In Capital 0.00 0.00 Current Net Income (Loss) (44,575,882.57) (2,857,115.19) Retained Earnings (7,090,080.98) (4,137,454.89) ------------- ------------- Total Owner's Equity (51,665,963.55) (6,994,570.08) ------------- ------------- Total Liabilities & Equity (12,523,737.74) 33,416,007.61 ============= =============

BEGINNING ENDING AFFILIATE NAME CASE NUMBER BALANCE DEBITS CREDITS BALANCE American Classic Voyages Co. 01-10954 656,724.33 -- 350.00 656,374.33 AMCV Cruise Operations, Inc. 01-10967 (8,124,903.59) -- 2,329.52 (8,127,233.11) The Delta Queen Steamboat Co. 01-10970 8,431,118.53 -- -- 8,431,118.53 DQSB II, Inc. 01-10974 (82.74) -- -- (82.74) Great AQ Steamboat, L.L.C 01-10960 1,640,241.44 -- -- 1,640,241.44 Great Pacific NW Cruise Line, L.L.C 01-10977 (5,380.67) -- -- (5,380.67) Great River Cruise Line, L.L.C 01-10963 (33,543.95) -- -- (33,543.95) Great Ocean Cruise Line, L.L.C 01-10959 (1,844.01) -- -- (1,844.01) Cruise America Travel, Incorporated 01-10966 (1,054,561.24) -- -- (1,054,561.24) Delta Queen Coastal Voyages, L.L.C 01-10964 217,385.53 -- -- 217,385.53 Cape Cod Light, L.L.C 01-10962 (8,675.31) -- -- (8,675.31) Project America, Inc. N/A (57,268.50) -- -- (57,268.50) Oceanic Ship Co. N/A 13,839.73 -- -- 13,839.73 Project America Ship II, Inc. N/A 412,316.64 -- -- 412,316.64 Ocean Development Co. 01-10972 (14,604,239.22) -- -- (14,604,239.22) Great Hawaiian Cruise Line, Inc. 01-10975 (8,411.75) -- -- (8,411.75) Great Hawaiian Properties Corporation 01-10971 4,188.00 -- -- 4,188.00 CAT II, Inc. 01-10968 2,038.56 -- -- 2,038.56 ---------------------------------------------------------------- (12,521,058.22) -- 2,679.52 (12,523,737.74) ================================================================

Cape May Light, L.L.C. 01-10961 (JCA) Accounts Receivable Aging As of July 31, 2002 Attachment 7 Not Applicable CAPE MAY LIGHT AP-STEAMER CHECKS 31-000-221300-00000 JULY-02 OUTSTANDING CHECKS: 1091 Multi-Marques 50.00 1162 K. McKnight-McRae's 100.00 1166 K. McKnight-Gordon's 100.00 1192 Donald Vivier-Capitol One 40.00 1195 Donald Vivier-Retailer Nat. Bank 20.00 ------ Total per G/L: 310.00 ====== ATTACHMENT # 8 DEBTOR: CAPE MAY LIGHT, L.L.C. CASE NUMBER: 01-10961 (JCA) PRELIMINARY MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED ATTACHMENT 9 NOTES TO JULY MONTHLY OPERATING REPORT The information contained herein is unaudited. Liabilities included in these financial statements reflect amounts known by the Company to have been incurred. The Company has listed in prior filings with the United States Trustee potential additional claims it believes may be asserted against the Company. To the best of the Debtor's knowledge and belief, based on currently available information, all Federal income and payroll taxes due and owing have been paid. EX-99.5 7 g78052exv99w5.txt CAPE COD LIGHT- MONTHLY OPERATING REPORT EXHIBIT 99.5 DEBTOR: CAPE COD LIGHT, L.L.C. CASE NUMBER: 01-10962 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED In accordance with title 28, section 1746, of the United States Code, I declare under penalty of perjury that Cape Cod Light, L.L.C. was inactive for the above referenced period and, to the best of my knowledge, the foregoing is true and correct. /s/ STEVE MOELLER - ------------------------------- Steve Moeller Director, Accounting EX-99.6 8 g78052exv99w6.txt GREAT RIVER CRUISE- MONTHLY OPERATING REPORT EXHIBIT 99.6 DEBTOR: GREAT RIVER CRUISE LINE, L.L.C. CASE NUMBER: 01-10963 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED In accordance with title 28, section 1746, of the United States Code, I declare under penalty of perjury that I have examined the attached July Monthly Operating Report (Attachments 1 through 9) and, to the best of my knowledge, these documents are true, correct, and complete. /s/ STEVE MOELLER ------------------- Steve Moeller Director, Accounting DEBTOR: GREAT RIVER CRUISE LINE, L.L.C. CASE NUMBER: 01-10963 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED CONTENTS Attachment 1 Summary of Bank and Investment Accounts Attachment 2 Schedule of Receipts and Disbursements Attachment 3 Bank and Investment Account Statements Attachment 4 Income Statement Attachment 5 Balance Sheet Attachment 6 Summary of Due To/Due From Intercompany Accounts Attachment 7 Accounts Receivable Aging Attachment 8 Accounts Payable Detail Attachment 9 Notes to July Monthly Operating Report

Summary Of Bank, Investment & Petty Cash Accounts Attachment 1 ------------------------------------------------- Great River Cruise Line, L.L.C. ------------------------------- Summary Case No: 01-10963 (JCA) UNAUDITED ----------------------- Great River Cruise Line, LLC For Month Of July, 2002 ----------------------- Balances ------------------------------ Receipts & Bank Opening Closing Disbursements Statements Account Account As Of 7/01/02 As Of 7/31/02 Included Included Reconciled - ------- ------------- ------------- ------------- ------------- ---------- Delta Queen Steamer 11,195.31 9,348.66 Yes No - Not Yes Hibernia Concentration Account # - 812-395-270 Account Delta Queen 0.00 0.00 No - Not A Bank No Petty Cash No Activity Account

Receipts & Disbursements Attachment 2 ------------------------ Great River Cruise Line, L.L.C. ------------------------------- R&D - Hibernia - DQ Steamer Case No: 01-10963 (JCA) UNAUDITED ----------------------- Hibernia -------- Delta Queen Steamer ------------------- Account # - 812-395-270 ----------------------- 1 Jul 02 - 31 Jul 02 -------------------- Opening Balance - 1 Jul 02 11,195.31 Receipts 0.00 Total Receipts Disbursements To The Delta Queen Steamboat Co. - Hibernia - DQ Payroll Account (812-395-289) Lay-Up - Waste Removal Crew Maintenance (P&I) Crew Pay-Off - Start-Up 0.00 Total Disbursements (* See Footnote) Closing Balance - 31 Jul 02 9,348.66

*$1,846.65 Of Disbursements Not Reflected In Disbursements Above Due To Being Reimbursed By Buyer Of Assets At Closing. Concentration & Investment Account Statements Attachment 3 --------------------------------------------- Great River Cruise Line, L.L.C. Summary Case No: 01-10963 (JCA) ----------------------- Great River Cruise Line, LLC For Month Of July, 2002 ----------------------- Attach 3 No Statements Due To No Concentration Or Investment Accounts AMCV US SET OF BOOKS Date: 14-AUG-02 16:54:52 INCOME STATEMENT - ATTACHMENT 4 Page: 1 Current Period: JUL-02

currency USD Company=22 (DELTA QUEEN) PTD-Actual 31-Jul-02 ---------- Revenue Gross Revenue 0.00 Allowances 0.00 ---------- Net Revenue 0.00 Operating Expenses Air 0.00 Hotel 0.00 Commissions 0.00 Onboard Expenses 0.00 Passenger Expenses 0.00 Vessel Expenses 0.00 Layup/Drydock Expense 0.00 Vessel Insurance 25,138.91 ---------- Total Operating Expenses 25,138.91 ---------- Gross Profit (25,138.91) SG&A Expenses Sales & Marketing 0.00 Start-Up Costs 0.00 ---------- Total SG&A Expenses 0.00 ---------- EBITDA (25,138.91) Depreciation 0.00 ---------- Operating Income (25,138.91) Other Expense/(Income) Interest Income 0.00 Equity in Earnings for Sub 0.00 Reorganization expenses 0.00 ---------- Total Other Expense/(Income) 0.00 ---------- Net Pretax Income/(Loss) (25,138.91) Income Tax Expense 0.00 ---------- Net Income/(Loss) (25,138.91) ==========

AMCV US SET OF BOOKS Date: 14-AUG-02 17:03:49 BALANCE SHEET - ATTACHMENT Page: 1 Current Period: JUL-02

currency USD Company=22 (DELTA QUEEN) YTD-Actual YTD-Actual 31-Jul-02 22-Oct-02 ------------- ------------- ASSETS Cash and Equivalent 8,334.95 64,522.98 Restricted Cash 0.00 0.00 Accounts Receivable 500.00 33,451.42 Inventories 0.00 270,331.59 Prepaid Expenses 0.00 37,922.40 Other Current Assets 0.00 14,555.00 ------------- ------------- Total Current Assets 8,834.95 420,783.39 Fixed Assets 0.00 27,296,694.44 Accumulated Depreciation 0.00 (15,065,339.51) ------------- ------------- Net Fixed Assets 0.00 12,231,354.93 Net Goodwill 0.00 0.00 Intercompany Due To/From (6,364,192.77) (9,202,583.95) Net Deferred Financing Fees 0.00 0.00 Net Investment in Subsidiaries 0.00 0.00 ------------- ------------- Total Other Assets (6,364,192.77) (9,202,583.95) ------------- ------------- Total Assets (6,355,357.82) 3,449,554.37 ============= =============

AMCV US SET OF BOOKS Date: 14-AUG-02 17:03:49 BALANCE SHEET - ATTACHMENT 5 Page: 2 Current Period: JUL-02

currency USD Company=22 (DELTA QUEEN) YTD-Actual YTD-Actual 31-Jul-02 22-Oct-02 ------------- ------------- LIABILITIES Accounts Payable 689.27 5,758.93 Accrued Liabilities 0.00 715,443.75 Deposits 0.00 2,045,629.83 ------------- ------------- Total Current Liabilities 689.27 2,766,832.51 Long Term Debt 0.00 0.00 Other Long Term Liabilities 0.00 0.00 ------------- ------------- Total Liabilities 689.27 2,766,832.51 Liabilities Subject to Compromise 540,730.95 490,370.44 OWNER'S EQUITY Common Stock 0.00 0.00 Add'l Paid In Capital 3,701,000.00 3,701,000.00 Current Net Income (Loss) (7,511,799.59) (2,206,220.03) Retained Earnings (3,085,978.45) (1,302,428.55) ------------- ------------- Total Owner's Equity (6,896,778.04) 192,351.42 ------------- ------------- Total Liabilities & Equity (6,355,357.82) 3,449,554.37 ============= =============

GREAT RIVER CRUISE LINE, L.L.C. ATTACHMENT 6 01-10963 (JCA) Summary List of Due To/Due From Accounts For the Month Ended July 31, 2002 BEGINNING ENDING AFFILIATE NAME CASE NUMBER BALANCE DEBITS CREDITS BALANCE - -------------- ----------- ------------- ------ --------- ------------- American Classic Voyages Co. 01-10954 (6,702,386.55) -- -- (6,702,386.55) AMCV Cruise Operations, Inc. 01-10967 (9,445,920.46) -- 17,274.22 (9,463,194.68) The Delta Queen Steamboat Co. 01-10970 10,542,163.90 468.65 8,333.34 10,534,299.21 DQSB II, Inc. 01-10974 (367.05) -- -- (367.05) Great AQ Steamboat, L.L.C 01-10960 168,013.44 -- -- 168,013.44 Great Pacific NW Cruise Line, L.L.C 01-10977 4,812.08 -- -- 4,812.08 Great Ocean Cruise Line, L.L.C 01-10959 503,950.75 -- -- 503,950.75 Cruise America Travel, Incorporated 01-10966 (1,419,142.24) -- -- (1,419,142.24) Delta Queen Coastal Voyages, L.L.C 01-10964 18,978.71 -- -- 18,978.71 Cape Cod Light, L.L.C 01-10962 (270.05) -- -- (270.05) Cape May Light, L.L.C 01-10961 33,543.95 -- -- 33,543.95 Project America, Inc. N/A (11,144.65) -- -- (11,144.65) Oceanic Ship Co. N/A (257.75) -- -- (257.75) Great Hawaiian Cruise Line, Inc. 01-10975 (60.73) -- -- (60.73) Great Hawaiian Properties Corporation 01-10971 (41,555.00) -- -- (41,555.00) American Hawaii Properties Corporation 01-10976 9,562.38 -- -- 9,562.38 CAT II, Inc. 01-10968 1,025.41 -- -- 1,025.41 ------------- ------ --------- ------------- (6,339,053.86) 468.65 25,607.56 (6,364,192.77) ============= ====== ========= =============

GREAT RIVER CRUISE LINE, L.L.C. CASE#: 01-10963 (JCA) ACCOUNTS RECEIVABLE RECONCILIATION AND AGING

DETAIL: 0-30 DAYS 31-60 DAYS 61-90 DAYS 91+ DAYS TOTAL - ------- --------- ---------- ---------- -------- ------ Paymentech Credit Card Processor 0.00 0.00 American Express Credit Card Processor 0.00 Discover Credit Card Processor 0.00 Diners Credit Card Processor 0.00 Travel Agents 0.00 Crew Member 500.00 500.00 --------- ---------- ---------- -------- ------ Total 0.00 0.00 0.00 500.00 500.00 ========= ========== ========== ======== ======

ATTACHMENT # 7 DELTA QUEEN AP-STEAMER CHECKS 22-000-221300-00000 JULY-02 OUTSTANDING CHECKS: 12333 M. Richardson-Walmart 40.00 12335 J. Blasier-Capitol One 20.00 12385 J. Blasier-K. Hansen 150.00 12399 Peoria Historical Society 120.00 12404 Anthony May-Verizon 200.00 12408 Peoria Historical Society 160.00 ------ Total per G/L: 690.00 ====== ATTACHMENT # 8 DEBTOR: GREAT RIVER CRUISE LINE, L.L.C. CASE NUMBER: 01-10963 (JCA) PRELIMINARY MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED ATTACHMENT 9 NOTES TO JULY MONTHLY OPERATING REPORT The information contained herein is unaudited. Liabilities included in these financial statements reflect amounts known by the Company to have been incurred. The Company has listed in prior filings with the United States Trustee potential additional claims it believes may be asserted against the Company. To the best of the Debtor's knowledge and belief, based on currently available information, all Federal income and payroll taxes due and owing have been paid. 1. The Mississippi Queen, owned by the related debtor Great Ocean Cruise Line, LLC ("Great Ocean"), resumed voyage sailing on May 7, 2002 (the "cut-off date"). Pursuant to the asset purchase agreement dated May 31, 2002 (the "close date"), the revenue and expenses between the cut-off date and the close date accrued to the benefit of the Purchaser. The cash disbursements for such expenses, made on behalf of Great Ocean as part of the Debtors' commingled cash system, are not reflected herein on Attachment 2. An accounts receivable for these disbursements has been recorded on The Delta Queen Steamboat Co's books. due to the Debtors' commingled cash management system. EX-99.7 9 g78052exv99w7.txt DELTA QUEEN COASTAL-MONTHLY OPERATING REPORT EXHIBIT 99.7 DEBTOR: DELTA QUEEN COASTAL VOYAGES, L.L.C. CASE NUMBER: 01-10964 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED In accordance with title 28, section 1746, of the United States Code, I declare under penalty of perjury that I have examined the attached July Monthly Operating Report (Attachments 1 through 9) and, to the best of my knowledge, these documents are true, correct, and complete. /s/ STEVE MOELLER - -------------------- Steve Moeller Director, Accounting DEBTOR: DELTA QUEEN COASTAL VOYAGES, L.L.C. CASE NUMBER: 01-10964 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED CONTENTS Attachment 1 Summary of Bank and Investment Accounts Attachment 2 Schedule of Receipts and Disbursements Attachment 3 Bank and Investment Account Statements Attachment 4 Income Statement Attachment 5 Balance Sheet Attachment 6 Summary of Due To/Due From Intercompany Accounts Attachment 7 Accounts Receivable Aging Attachment 8 Accounts Payable Detail Attachment 9 Notes to July Monthly Operating Report

Summary Of Bank And Investment Accounts Attachment 1 --------------------------------------- Delta Queen Coastal Voyages, L.L.C. ----------------------------------- Summary Case No: 01-10964 (JCA) UNAUDITED ----------------------- Delta Queen Coastal Voyages, LLC For Month Of July, 2002 ----------------------- Balances ---------------------------- Receipts & Bank Opening Closing Disbursements Statements Account Account As Of 7/01/02 As Of 7/31/02 Included Included Reconciled - ------- ------------- ------------- ------------- ---------- ---------- No Bank Or Investment NA NA NA NA NA Accounts

Receipts & Disbursements Attachment 2 ------------------------ Delta Queen Coastal Voyages, L.L.C. ----------------------------------- Summary Case No: 01-10964 (JCA) ----------------------- Delta Queen Coastal Voyages, LLC For Month Of July, 2002 ----------------------- Attach 2 No Receipts Or Disbursements Due To No Bank Or Investment Accounts Concentration & Investment Account Statements Attachment 3 --------------------------------------------- Delta Queen Coastal Voyages, L.L.C. ----------------------------------- Summary Case No: 01-10964 (JCA) ----------------------- Delta Queen Coastal Voyages, LLC For Month Of July, 2002 ----------------------- Attach 3 No Statements Due To No Concentration Or Investment Accounts AMCV US SET OF BOOKS Date: 14-AUG-02 16:54:53 INCOME STATEMENT - ATTACHMENT 4 Page: 1 Current Period: JUL-02

currency USD Company=30 (DELTA QUEEN COAST VOY) PTD-Actual 31-Jul-02 --------- Revenue Gross Revenue 0.00 Allowances 0.00 --------- Net Revenue 0.00 Operating Expenses Air 0.00 Hotel 0.00 Commissions 0.00 Onboard Expenses 0.00 Passenger Expenses 0.00 Vessel Expenses 0.00 Layup/Drydock Expense 0.00 Vessel Insurance 0.00 --------- Total Operating Expenses 0.00 --------- Gross Profit 0.00 SG&A Expenses Sales & Marketing 0.00 Start-Up Costs 0.00 --------- Total SG&A Expenses 0.00 --------- EBITDA 0.00 Depreciation 0.00 --------- Operating Income 0.00 Other Expense/(Income) Interest Income 0.00 Equity in Earnings for Sub (2,652.71) Reorganization expenses 0.00 --------- Total Other Expense/(Income) 2,652.71 --------- Net Pretax Income/(Loss) (2,652.71) Income Tax Expense 0.00 --------- Net Income/(Loss) (2,652.71) =========

AMCV US SET OF BOOKS Date: 14-AUG-02 17:03:51 BALANCE SHEET - ATTACHMENT 5 Page: 1 Current Period: JUL-02

currency USD Company=30 (DELTA QUEEN COAST VOY) YTD-Actual YTD-Actual 31-Jul-02 22-Oct-02 -------------- -------------- ASSETS Cash and Equivalent 0.00 0.00 Restricted Cash 0.00 0.00 Accounts Receivable 0.00 0.00 Inventories 0.00 0.00 Prepaid Expenses 0.00 0.00 Other Current Assets 0.00 0.00 -------------- -------------- Total Current Assets 0.00 0.00 Fixed Assets 0.00 0.00 Accumulated Depreciation 0.00 0.00 -------------- -------------- Net Fixed Assets 0.00 0.00 Net Goodwill 0.00 0.00 Intercompany Due To/From (412,107.06) (411,482.06) Net Deferred Financing Fees 0.00 0.00 Net Investment in Subsidiaries (95,930,719.10) (12,652,491.22) -------------- -------------- Total Other Assets (96,342,826.16) (13,063,973.28) -------------- -------------- Total Assets (96,342,826.16) (13,063,973.28) ============== ==============

AMCV US SET OF BOOKS Date: 14-AUG-02 17:03:51 BALANCE SHEET - ATTACHMENT 5 Page: 2 Current Period: JUL-02

currency USD Company=30 (DELTA QUEEN COAST VOY) YTD-Actual YTD-Actual 31-Jul-02 22-Oct-02 -------------- -------------- LIABILITIES Accounts Payable 0.00 0.00 Accrued Liabilities 0.00 0.00 Deposits 0.00 0.00 -------------- -------------- Total Current Liabilities 0.00 0.00 Long Term Debt 0.00 0.00 Other Long Term Liabilities (2,896,625.10) (2,896,625.10) -------------- -------------- Total Liabilities (2,896,625.10) (2,896,625.10) Liabilities Subject to Compromise 0.00 0.00 OWNER'S EQUITY Common Stock 0.00 0.00 Add'l Paid In Capital 0.00 0.00 Current Net Income (Loss) (82,584,556.77) (6,703,754.04) Retained Earnings (10,861,644.29) (3,463,594.14) -------------- -------------- Total Owner's Equity (93,446,201.06) (10,167,348.18) -------------- -------------- Total Liabilities & Equity (96,342,826.16) (13,063,973.28) ============== ==============

Delta Queen Coastal Voyages, L.L.C. ATTACHMENT 6 01-10964 (JCA) Summary List of Due To/Due From Accounts For the Month Ended July 31, 2002 BEGINNING ENDING AFFILIATE NAME CASE NUMBER BALANCE DEBITS CREDITS BALANCE - -------------- ----------- ----------- ------ ------- ----------- American Classic Voyages Co. 01-10954 (934,299.38) -- -- (934,299.38) AMCV Cruise Operations, Inc. 01-10967 190,721.38 -- -- 190,721.38 The Delta Queen Steamboat Co. 01-10970 911,198.96 -- -- 911,198.96 Great AQ Steamboat, L.L.C 01-10960 (144,264.37) -- -- (144,264.37) Great Pacific NW Cruise Line, L.L.C 01-10977 (118,887.26) -- -- (118,887.26) Great River Cruise Line, L.L.C 01-10963 (18,978.71) -- -- (18,978.71) Great Ocean Cruise Line, L.L.C 01-10959 (85,950.95) -- -- (85,950.95) Cape Cod Light, L.L.C 01-10962 5,738.80 -- -- 5,738.80 Cape May Light, L.L.C 01-10961 (217,385.53) -- -- (217,385.53) ----------- ------ ------- ----------- (412,107.06) -- -- (412,107.06) =========== ====== ======= ===========

Delta Queen Coastal Voyages, L.L.C. 01-10964 (JCA) Accounts Receivable Aging As of July 31, 2002 Attachment 7 Not Applicable Delta Queen Coastal Voyages, L.L.C. 01-10964 (JCA) Accounts Payable Detail As of July 31, 2002 Attachment 8 Not Applicable DEBTOR: DELTA QUEEN COASTAL VOYAGES, L.L.C. CASE NUMBER: 01-10964 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED ATTACHMENT 9 NOTES TO JULY MONTHLY OPERATING REPORT The information contained herein is unaudited. Liabilities included in these financial statements reflect amounts known by the Company to have been incurred. The Company has listed in prior filings with the United States Trustee potential additional claims it believes may be asserted against the Company. To the best of the Debtor's knowledge and belief, based on currently available information, all Federal income and payroll taxes due and owing have been paid. 1. Other long-term liabilities consists of deferred tax assets and liabilities, net. Deferred tax assets and liabilities have been recognized for the expected future tax consequences of temporary differences between carrying amounts and the tax basis of assets and liabilities. The Debtor has not recorded adjustments to these amounts pending the outcome of Chapter 11 proceedings. EX-99.8 10 g78052exv99w8.txt DQSC PROPERTY CO.- MONTHLY OPERATING REPORT EXHIBIT 99.8 DEBTOR: DQSC PROPERTY CO. CASE NUMBER: 01-10965 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED In accordance with title 28, section 1746, of the United States Code, I declare under penalty of perjury that DQSC Property Co. was inactive for the above referenced period and, to the best of my knowledge, the foregoing is true and correct. /s/ STEVE MOELLER - ---------------------------- Steve Moeller Director, Accounting EX-99.9 11 g78052exv99w9.txt CRUISE AMERICA TRAVEL- MONTHLY OPERATING REPORT EXHIBIT 99.9 DEBTOR: CRUISE AMERICA TRAVEL, INCORPORATED CASE NUMBER: 01-10966 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED In accordance with title 28, section 1746, of the United States Code, I declare under penalty of perjury that Cruise America Travel, Incorporated was inactive for the above referenced period and, to the best of my knowledge, the foregoing is true and correct. /s/ STEVE MOELLER - --------------------------- Steve Moeller Director, Accounting EX-99.10 12 g78052exv99w10.txt AMCV CRUISE OPERATIONS- MONTHLY OPERATING REPORT EXHIBIT 99.10 DEBTOR: AMCV CRUISE OPERATIONS, INC. CASE NUMBER: 01-10967 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED In accordance with title 28, section 1746, of the United States Code, I declare under penalty of perjury that I have examined the attached July Monthly Operating Report (Attachments 1 through 9) and, to the best of my knowledge, these documents are true, correct, and complete. /s/ STEVE MOELLER - ----------------------- Steve Moeller Director, Accounting DEBTOR: AMCV CRUISE OPERATIONS, INC. CASE NUMBER: 01-10967 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED CONTENTS Attachment 1 Summary of Bank and Investment Accounts Attachment 2 Schedule of Receipts and Disbursements Attachment 3 Bank and Investment Account Statements Attachment 4 Income Statement Attachment 5 Balance Sheet Attachment 6 Summary of Due To/Due From Intercompany Accounts Attachment 7 Accounts Receivable Aging Attachment 8 Accounts Payable Detail Attachment 9 Notes to July Monthly Operating Report

Summary Of Bank, Investment & Petty Cash Accounts Attachment 1 AMCV Cruise Operations, Inc. Summary Case No: 01-10967 (JCA) UNAUDITED AMCV Cruise Operations, Inc For Month Of July, 2002 Balances ------------------------------ Receipts & Bank Opening Closing Disbursements Statements Account Account As Of 7/01/02 As Of 7/31/02 Included Included Reconciled - ------- ------------- ------------- -------- -------- ---------- AHC - Certificate Of Deposit * 25,000.00 25,000.00 Yes No - Not Yes Bank One Concentration Account # - 880058451981 Account AHC - Certificate Of Deposit * 25,000.00 25,000.00 Yes No - Not Yes Bank One Concentration Account # - 880058452369 Account AMCV Cruise Ops 35,556.07 70,557.98 Yes Yes Yes Master Cash First Union National Bank Account # - 2090002602362 AMCV Escrow - Gohagan 0.00 0.00 Yes No - Not Yes LaSalle Bank Concentration Account # - 62-8766-40-4 Account American Classic Voyages 0.00 0.00 No - No - No - Fleet Bank Account Account Account Account # - 941-9148945 closed closed closed Weston Office 718.96 640.71 Yes Not A Bank Yes Petty Cash Account

* Proceeds From Matured Certificates Of Deposit Being Retained By Bank One While They Pursue Recovery Of Equivalent Amounts Relating To Letters Of Credits That Were Exercised After The Filing For Bankruptcy Where These Certificates Of Deposits Were Collateral

Receipts & Disbursements Attachment 2-1 AMCV Cruise Operations, Inc. R&D - Bank One - AHC CD (86) Case No: 01-10967 (JCA) UNAUDITED Bank One AHC Certificate Of Deposit Account # - 880058451981 1 July 02 - 31 July 02 Opening Balance - 1 July 02 25,000.00 Receipts --------- 0.00 Total Receipts Disbursements --------- 0.00 Total Disbursements Closing Balance - 31 July 02 25,000.00

Receipts & Disbursements Attachment 2-2 AMCV Cruise Operations, Inc. R&D - Bank One - AHC CD (87) Case No: 01-10967 (JCA) UNAUDITED Bank One AHC Certificate Of Deposit Account # - 880058452369 1 July 02 - 31 July 02 Opening Balance - 1 July 02 25,000.00 Receipts --------- 0.00 Total Receipts Disbursements --------- 0.00 Total Disbursements Closing Balance - 31 July 02 25,000.00

Receipts & Disbursements Attachment 2-3 AMCV Cruise Operations, Inc. R&D - First Union Case No: 01-10967 (JCA) UNAUDITED AMCV Cruise Ops Master Cash First Union AMCV Cruise Ops Master Cash Account # - 2090002602362 1 July 02 - 31 July 02 Opening Balance - 1 July 02 35,556.07 Receipts 35,069.66 Misc Deposits --------- 35,069.66 Total Receipts Disbursements (67.75) Bank Fees --------- (67.75) Total Disbursements Closing Balance - 31 July 02 70,557.98

Receipts & Disbursements Attachment 2-4 AMCV Cruise Operations, Inc. R&D - LaSalle Case No: 01-10967 (JCA) UNAUDITED AMCV Escrow - Gohagan LaSalle AMCV Escrow - Gohagan Account # - 62-8766-40-4 1 July 02 - 31 July 02 Opening Balance - July 02 0.00 Receipts 0.20 Interest Earned ---- 0.20 Total Receipts Disbursements (0.20) Fees ---- (0.20) Total Disbursements Closing Balance - 31 July 02 0.00

Receipts & Disbursements Attachment 2-5 AMCV Cruise Operations, Inc. R&D - NOLA Case No: 01-10967 (JCA) UNAUDITED Petty Cash Weston Office Petty Cash Account # - NA 1 July 02 - 31 July 02 Opening Balance - 1 July 02 718.96 Receipts ------ 0.00 Total Receipts Disbursements (50.00) Cleaning Services (11.00) Courier Postage (17.25) Miscellaneous Supplies ------ (78.25) Total Disbursements Closing Balance - 31 July 02 640.71

AMCV US SET OF BOOKS Date: 14-AUG-02 16:54:58 INCOME STATEMENT - ATTACHMENT 4 Page: 1 Current Period: JUL-02 currency USD Company=15 (AMCV OPS)

PTD-Actual 31-Jul-02 ----------- Revenue Gross Revenue 0.00 Allowances 0.00 ----------- Net Revenue 0.00 Operating Expenses Air 0.00 Hotel 0.00 Commissions 0.00 Onboard Expenses 0.00 Passenger Expenses 0.00 Vessel Expenses 0.00 Layup/Drydock Expense 0.00 Vessel Insurance 0.00 ----------- Total Operating Expenses 0.00 ----------- Gross Profit 0.00 SG&A Expenses General and Admin Expenses 38,380.23 Sales & Marketing 0.00 Start-Up Costs 0.00 ----------- Total SG&A Expenses 38,380.23 ----------- EBITDA (38,380.23) Depreciation 0.00 ----------- Operating Income (38,380.23) Other Expense/(Income) Interest Income 0.00 Interest Expense 1,480.42 Equity in Earnings for Sub (69,811.69) Reorganization expenses 66,629.88 ----------- Total Other Expense/(Income) 137,921.99 ----------- Net Pretax Income/(Loss) (176,302.22) Income Tax Expense 0.00 ----------- Net Income/(Loss) (176,302.22) ===========

AMCV US SET OF BOOKS Date: 14-AUG-02 17:03:57 BALANCE SHEET - ATTACHMENT 5 Page: 1 Current Period: JUL-02 currency USD Company=15 (AMCV OPS)

YTD-Actual YTD-Actual 31-Jul-02 22-Oct-02 --------------- --------------- ASSETS Cash and Equivalent 29,764.12 1,723,947.86 Restricted Cash 0.00 219,000.00 Marketable Securities 50,000.00 50,000.00 Accounts Receivable 0.00 99,684.62 Inventories 0.00 0.00 Prepaid Expenses 439,622.88 522,662.13 Other Current Assets 3,600.00 1,750.00 --------------- --------------- Total Current Assets 522,987.00 2,617,044.61 Fixed Assets 0.00 9,371,627.23 Accumulated Depreciation 0.00 (453,764.30) --------------- --------------- Net Fixed Assets 0.00 8,917,862.93 Net Goodwill 0.00 0.00 Intercompany Due To/From (4,286,857.80) 2,150,807.43 Net Deferred Financing Fees 0.00 0.00 Net Investment in Subsidiaries (521,750,570.18) 66,329,274.35 --------------- --------------- Total Other Assets (526,037,427.98) 68,480,081.78 --------------- --------------- Total Assets (525,514,440.98) 80,014,989.32 =============== ===============

AMCV US SET OF BOOKS Date: 14-AUG-02 17:03:57 BALANCE SHEET - ATTACHMENT 5 Page: 2 Current Period: JUL-02 currency USD Company=15 (AMCV OPS)

YTD-Actual YTD-Actual 31-Jul-02 22-Oct-02 --------------- --------------- LIABILITIES Accounts Payable 111,290.51 5,363.60 Accrued Liabilities 108,037.30 289,488.87 Deposits 0.00 0.00 --------------- --------------- Total Current Liabilities 219,327.81 294,852.47 Long Term Debt 0.00 0.00 Other Long Term Liabilities 0.00 0.00 --------------- --------------- Total Liabilities 219,327.81 294,852.47 Liabilities Subject to Compromise 29,492,908.96 32,307,000.02 OWNER'S EQUITY Common Stock 10,440.25 10,440.25 Add'l Paid In Capital 112,772,392.56 112,772,392.56 Current Net Income (Loss) (600,248,376.99) (37,037,717.81) Retained Earnings (67,761,133.57) (28,331,978.17) --------------- --------------- Total Owner's Equity (555,226,677.75) 47,413,136.83 --------------- --------------- Total Liabilities & Equity (525,514,440.98) 80,014,989.32 =============== ===============

AMCV Cruise Operations, Inc. ATTACHMENT 6 01-10967 (JCA) Summary List of Due To/Due From Accounts For the Month Ended July 31, 2002

BEGINNING ENDING AFFILIATE NAME CASE NUMBER BALANCE DEBITS CREDITS BALANCE American Classic Voyages Co. 01-10954 (50,176,429.28) 493,398.17 32,956,421.98 (82,639,453.09) AMCV Holdings, Inc. 01-10973 (639,623.36) -- -- (639,623.36) The Delta Queen Steamboat Co. 01-10970 (133,076,321.40) 32,950,004.26 876,882.27 (101,003,199.41) DQSB II, Inc. 01-10974 2,330.40 -- -- 2,330.40 Great AQ Steamboat, L.L.C 01-10960 22,861,057.77 5,581.29 -- 22,866,639.06 Great Pacific NW Cruise Line, L.L.C 01-10977 9,433,330.28 446.30 -- 9,433,776.58 Great River Cruise Line, L.L.C 01-10963 9,445,920.46 17,274.22 -- 9,463,194.68 Great Ocean Cruise Line, L.L.C 01-10959 22,063,759.00 16,528.63 -- 22,080,287.63 Cruise America Travel, Incorporated 01-10966 4,057,165.15 -- -- 4,057,165.15 Delta Queen Coastal Voyages, L.L.C 01-10964 (190,721.38) -- -- (190,721.38) Cape Cod Light, L.L.C 01-10962 3,950,183.20 -- -- 3,950,183.20 Cape May Light, L.L.C 01-10961 8,124,903.59 2,329.52 -- 8,127,233.11 Project America, Inc. N/A (4,501,177.23) -- -- (4,501,177.23) Oceanic Ship Co. N/A 57,688,579.12 2,279.74 -- 57,690,858.86 Project America Ship I, Inc. N/A 111,968.41 -- -- 111,968.41 Ocean Development Co. 01-10972 1,559,238.61 -- -- 1,559,238.61 Great Hawaiian Cruise Line, Inc. 01-10975 (22,292.97) -- -- (22,292.97) Great Hawaiian Properties Corporation 01-10971 (6,116,875.06) -- -- (6,116,875.06) American Hawaii Properties Corporation 01-10976 5,188,990.02 -- -- 5,188,990.02 Great Independence Ship Co. 01-10969 36,656,636.93 -- -- 36,656,636.93 CAT II, Inc. 01-10968 9,637,982.06 -- -- 9,637,982.06 -------------------------------------------------------------------- (3,941,395.68) 33,487,842.13 33,833,304.25 (4,286,857.80) ====================================================================

AMCV Cruise Operations, Inc. 01-10967 (JCA) Accounts Receivable Aging As of July 31, 2002 Attachment 7 Not Applicable ACCOUNTS PAYABLE TRIAL BALANCE ATTACHMENT 8 AS OF JULY 31, 2002 LIABILITY ACCOUNT: 15-000-220102-00000

INVOICE REMAINING SUPPLIER NAME INVOICE NUMBER DATE AMOUNT AMOUNT INVOICE DESCRIPTION - ------------------------------------------------------------------------------------------------------------------------------------ AMERICAN MARITIME OFFICERS 0702MPB 22-Jul-02 $ 842.70 $ 842.70 JUL-02 MEDICAL PLAN 020702VACALL 22-Jul-02 $ 711.60 $ 711.60 JUL-02 PENSION PLAN 0702VAC 22-Jul-02 $ 102.00 $ 102.00 JUL-02 VACATION PLAN Total for Supplier: $ 1,656.30 $ 1,656.30 AMERITECH 312454145907 13-Jul-02 $ 176.07 $ 176.07 312 454-1459 007 7 AMO INLAND WATER OPT 0702DUES 22-Jul-02 $ 217.50 $ 217.50 JUL-02 DUES&INITIATIONS AUTOMATIC DATA PROCESSING 543784 5-Jul-02 $ 6.00 $ 6.00 102V& 543745 5-Jul-02 $ 2.00 $ 2.00 10WCB 544802 12-Jul-02 $ 32.20 $ 32.20 10WCB 545908 19-Jul-02 $ 12.00 $ 12.00 10WCB 544167 12-Jul-02 $ 119.32 $ 119.32 10HK1 545331 19-Jul-02 $ 12.00 $ 12.00 10HK1 545951 19-Jul-02 $ 14.00 $ 14.00 102V& 545335 19-Jul-02 $ 10.00 $ 10.00 10HNJ Total for Supplier: $ 207.52 $ 207.52 BEATY, SUZANNE 070102 1-Jul-02 $ 250.00 $ 250.00 T&E 7/1-31/02 BENTON COUNTY TRUSTEE 123101 31-Dec-01 $ 1,549.91 $ 1,549.91 PROPERTY ADDRESS BL000400 BILL NOBLES, TRUSTEE 123101B 31-Dec-01 $ 1,704.40 $ 1,704.40 BILL NUMBER 145214 123101A 31-Dec-01 $ 1,963.66 $ 1,963.66 BILL NUMBER 145375 Total for Supplier: $ 3,668.06 $ 3,668.06 BOB PATTERSON, TRUSTEE 123101B 31-Dec-01 $ 7,025.24 $ 7,025.24 FOLIO NUMBER 6BL-0004-0-00000-0 123101A 31-Dec-01 $ 5,059.38 $ 5,059.38 FOLIO NUMBER 1BL-0004-0-00000-0 Total for Supplier: $12,084.62 $12,084.62 BROWNING-FERRIS INDUSTRIES 0221820-020100-0278 31-Jan-02 $ 1,097.64 $(1,097.64) CALIAN, PHILIP 071602 16-Jul-02 $ 202.44 $ 202.44 T&E 5/28-7/16/02 CARL E. LEVI, CITY TREASURER 123101 31-Dec-01 $ 1,400.93 $ 1,400.93 BILL#76013 CHARLIE CALDWELL, TRUSTEE 123101B 31-Dec-01 $ 2,807.17 $ 2,807.17 ACCOUNT NUMBER 000000516 123101A 31-Dec-01 $ 2,459.26 $ 2,459.26 ACCOUNT NUMBER 000000340 Total for Supplier: $ 5,266.43 $ 5,266.43 CITY OF PORTLAND 123101 31-Dec-01 $ 100.00 $ 100.00 AMERICAN CLASSIC VOYAGES, INC. CITY TAX COLLECTOR 123101 31-Dec-01 $ 51.77 $ 51.77 PROPERTY ADDRESS BL000400 COUNTY TRUSTEE 123101 31-Dec-01 $ 1,299.20 $ 1,299.20 PROPERTY ADDRESS BL000400 DECATUR COUNTY TRUSTEE 123101 31-Dec-01 $ 991.66 $ 991.66 PROPERTY ADDRESS BL000400 DEPARTMENT OF REVENUE AND TAXATION 123101A 31-Dec-01 $ 10.00 $ 10.00 PROJECT AMERICA, INC. DICKSON COUNTY TRUSTEE 123101 31-Dec-01 $ 166.48 $ 166.48 PROPERTY ADDRESS BL000400 DIRECTV 0032-006733024 26-Dec-01 $ 60.33 $ 60.33 #006733024 0031-006733024 26-Nov-01 $ 60.33 $ 60.33 ACCT#006733024 0030-006733024A 26-Oct-01 $ 60.33 $ 60.33 ACCT#006733024 0024-006733024C 23-Apr-01 $ (659.33) $ (659.33) OVERPAID CK#4002327 ACCT#006733024 Total for Supplier: $ (478.34) $ (478.34) DIVERSEY LEVER, INC 30706 18-Dec-01 $ (8.97) $ (8.97) FUEL SURCHARGE CREDIT

ACCOUNTS PAYABLE TRIAL BALANCE ATTACHMENT 8 AS OF JULY 31, 2002 LIABILITY ACCOUNT: 15-000-220102-00000

INVOICE REMAINING SUPPLIER NAME INVOICE NUMBER DATE AMOUNT AMOUNT INVOICE DESCRIPTION - ------------------------------------------------------------------------------------------------------------------------------------ DYER COUNTY TRUSTEE 123101 31-Dec-01 $ 2,915.08 $ 2,915.08 PROPERTY ADDRESS BL000400 ENTERGY 0415-051402CR 14-May-02 $(12,699.89) $(12,699.89) 0415-051402B 14-May-02 $ 12,699.89 $ 12,699.89 Total for Supplier: $ -- $ -- EQUISERVE L. P. G0118259 12-Jul-02 $ 1,272.92 $ 1,272.92 JUNE 2002 FEDERAL EXPRESS 4-289-65863 24-Jul-02 $ 35.04 $ 35.04 CHICAGO#1767-9328-7 4-281-65568 19-Jul-02 $ 32.38 $ 32.38 WESTON#2383-6244-0 4-289-26568 17-Jul-02 $ 9.81 $ 9.81 CHICAGO#1767-9328-7 Total for Supplier: $ 77.23 $ 77.23 GABLES SAN MICHELE 634 22-Jul-02 $ 41.06 $ 41.06 WATER/SEWER/TRASH #712 6/7-7/7/02 GOODSILL, ANDERSON, QUINN & STEEL 285167 10-Jul-02 $ 79.99 $ 79.99 LEGAL SVC THRU 6/30/02 C MARTINEZ GUERRIERO PT, GARY P. 040502IKRA 5-Apr-02 $ 94.18 $ 94.18 MED SVC Y IKRAM DOS 4/5/02 071502IKRA 15-Jul-02 $ 94.18 $ 94.18 MED SVC Y IKRAM DOS 7/15/02 041602IKRA 16-Apr-02 $ 94.18 $ 94.18 MED SVC Y IKRAM DOS 4/16/02 061902IKRA 19-Jun-02 $ 94.18 $ 94.18 MED SVC Y IKRAM DOS 6/19/02 070302IKRA 3-Jul-02 $ 94.18 $ 94.18 MED SVC Y IKRAM DOS 7/3/02 071002IKRA 10-Jul-02 $ 188.36 $ 188.36 MED SVC Y IKRAM DOS 7/5-10/02 061302IKRA 13-Jun-02 $ 94.18 $ 94.18 MED SVC Y IKRAM DOS 6/13/02 041002IKRA 10-Apr-02 $ 94.18 $ 94.18 MED SVC Y IKRAM DOS 4/10/02 Total for Supplier: $ 847.62 $ 847.62 HARDIN COUNTY TRUSTEE 123101 31-Dec-01 $ 2,254.32 $ 2,254.32 HARDIN COUNTY PROPERTY TAX HENRY COUNTY TRUSTEE 123101 31-Dec-01 $ 323.79 $ 323.79 PROPERTY ADDRESS BL000400 HOUSTON COUNTY TRUSTEE 123101 31-Dec-01 $ 303.80 $ 303.80 HOUSTON COUNTY PROPERTY TAX HUMPHREYS COUNTY TRUSTEE 123101 31-Dec-01 $ 1,014.31 $ 1,014.31 PROPERTY ADDRESS BL000400 ICS LOGISTICS 0305115 19-Apr-02 411.14 411.14 0304250 12-Apr-02 $ 1,464.00 $ 1,464.00 0303296 5-Apr-02 $ 214.50 $ 214.50 0301324 29-Mar-02 $ 1,872.75 $ 1,872.75 0300501 22-Mar-02 $ 1,039.50 $ 1,039.50 0299608 15-Mar-02 $ 965.25 $ 965.25 0294084 8-Feb-22 $ 230.00 $ 230.00 0288151 4-Jan-02 $ 990.00 $ 990.00 0283961 7-Dec-01 $ 990.00 $ 990.00 0277999 2-Nov-01 $ 990.00 $ 990.00 0245847B 12-Oct-01 $ 1,056.00 $ 1,056.00 Total for Supplier: $ 10,223.14 $ 10,223.14 IIS INC 061002 10-Jun-02 $ 1,595.00 $ (1,595.00) INTERNATIONAL SURETIES, LTD 400SE3596 3-Jul-02 $ 13,108.00 $ 13,108.00 APPEAL BOND 8/14/02-8/14/03:S GEORGE LAKE COUNTY TRUSTEE 123101 31-Dec-01 $ 5,781.44 $ 5,781.44 PROPERTY ADDRESS BL000400 LAKELAND RADIOLOGISTS PA 052402FINC 24-May-02 $ 164.44 $ 164.44 MED EXP J FINCH DOS 5/24/02 052502FINC 25-May-02 $ 233.05 $ 233.05 MED EXP J FINCH DOS 5/24-25/02 Total for Supplier: $ 397.49 $ 397.49 LAURA MAX RACINE, TIPTON COUNTY 123101 31-Dec-01 $ 2,110.19 $ 2,110.19 TIPTON COUNTY PERSONAL PROP. TAX TRUSTEE

ACCOUNTS PAYABLE TRIAL BALANCE ATTACHMENT 8 AS OF JULY 31, 2002 LIABILITY ACCOUNT: 15-000-220102-00000

INVOICE REMAINING SUPPLIER NAME INVOICE NUMBER DATE AMOUNT AMOUNT INVOICE DESCRIPTION - ------------------------------------------------------------------------------------------------------------------------------------ MARION COUNTY TRUSTEE 123101 31-Dec-01 $1,594.57 $1,594.57 MARION COUNTY PROPERTY TAX MCI WORLDCOM CONFERENCING 120101 1-Dec-01 $ (46.07) $ (46.07) 01-00005980958-00691 MEDCHECK 582557 30-Jun-02 $ 268.32 $ 268.32 MEDICAL AUDITING EXP B CRUMP JUN'02 582566 30-Jun-02 $ 7.50 $ 7.50 MEDICAL AUDITING EXP J FINCH JUN'02 582356 30-Apr-02 $ 131.25 $ 131.25 MEDICAL AUDITING EXP PATRIOT CREW Total for Supplier: $ 407.07 $ 407.07 MONTGOMERY COUNTY TRUSTEE 123101 31-Dec-01 $2,694.83 $2,694.83 PROPERTY ADDRESS BL000400 MONTGOMERY, BARNETT, BROWN, READ, 65335 10-Jul-02 $ 166.90 $ 166.90 LEGAL SVC THRU 6/30/02 E DOWDEN HAMMOND & MINTZ, LLP 65337 10-Jul-02 $ 175.00 $ 175.00 LEGAL SVC THRU 6/30/02 L NICKERSON 65333 10-Jul-02 $ 986.25 $ 986.25 LEGAL SVC THRU 6/30/02 BANKRUPTCY 65334 10-Jul-02 $ 43.75 $ 43.75 LEGAL SVC THRU 6/30/02 S LOVE 65336 10-Jul-02 $2,196.25 $2,196.25 LEGAL SVC THRU 6/30/02 L CARO Total for Supplier: $3,568.15 $3,568.15 MOULEDOUX, BLAND, 000093 01276 4317 1-Jul-02 $ 849.36 $ 849.36 LEGAL FEES 6/1-30/02 CAPT C BEVERLY LEGRAND, & BRACKETT 00093 00152 4309 1-Jul-02 $ 669.74 $ 669.74 LEGAL FEES 6/1-30/02 B CRUMP 000096 00201 4311 1-Jul-02 $ 271.50 $ 271.50 LEGAL FEES 6/1-30/02 E MARTIN 000093 00242 4312 1-Jul-02 $ 842.04 $ 842.04 LEGAL FEES 6/1-30/02 A TODD 000093 01159 4314 1-Jul-02 $ 446.30 $ 446.30 LEGAL FEES 6/1-30/02 E GONTATSKI 000093 00200 4310 1-Jul-02 $ 497.54 $ 497.54 LEGAL FEES 6/1-30/02 K MCQUIRE 000093 99207 4320 1-Jul-02 $ 400.00 $ 400.00 LEGAL FEES 6/1-26/02 J JONES 000093 67300 4318 1-Jul-02 $ 192.00 $ 192.00 LEGAL FEES 6/1-30/02 J SIMONEAUX 000093 01132 4312 1-Jul-02 $ 368.00 $ 368.00 LEGAL FEES 6/1-30/02 K HARTFORD 000093 01211 4315 1-Jul-02 $ 413.00 $ 413.00 LEGAL FEES 6/1-30/02 P BONNETTE 000093 01233 4316 1-Jul-02 $ 812.00 $ 812.00 LEGAL FEES 6/1-30/02 L ROBINSON 000093 99204 4319 1-Jul-02 $3,126.72 $3,126.72 LEGAL FEES 6/3-30/02 S GEORGE Total for Supplier: $8,888.20 $8,888.20 MURRAY MD, PATRICK C 021902ROSS 19-Feb-05 $ 60.91 $ 60.91 MED SVC K ROSS DOS 2/19/02 061102ROSS 11-Jun-02 $ 60.91 $ 60.91 MED SVC K ROSS DOS 6/11/02 Total for Supplier: $ 121.82 $ 121.82 NATCHEZ WATER WORKS 40902 9-Apr-02 $ (18.36) $ (18.36) #13418 NYS LLC/LLP FEE 123101B 31-Dec-01 $ 325.00 $ 325.00 DELTA QUEEN COASTAL VOYAGES, L.L.C. 123101A 31-Dec-01 $ 325.00 $ 325.00 CAPE MAY LIGHT, L. L. C. Total for Supplier: $ 650.00 $ 650.00 PAUL MEADOW, TRUSTEE 123101 31-Dec-01 $4,646.31 $4,646.31 LAUDERDALE COUNTY PROPERTY TAX PERRY COUNTY 123101 31-Dec-01 $ 544.04 $ 544.04 PROPERTY ADDRESS BL000400 PUSTIZZI, EDDIE 070102 1-Jul-02 $ 508.99 $ 508.99 T&E 7/1-31/02 RIVER REGION HEALTH SYSTEM-ER 0502402MIZZI 24-May-02 $3,934.39 $3,934.39 MED SVC M MIZZELL DOS 5/24/02 0502402MIZZ 24-May-02 $ 731.53 $ 731.53 MED SVC M MIZZELL DOS 5/24/02 Total for Supplier: $4,665.92 $4,665.92 SMART RESOURCES, INC. 141502 15-Jul-02 $ 438.07 $ 438.07 TEMP HELP K SALMOND 141552 22-Jul-02 $ 308.50 $ 308.50 TEMP HELP K SALMOND Total for Supplier: $ 746.57 $ 746.57 SOMERSET REFINERY, INC. 12718B 25-Oct-01 $3,771.46 $ 0.01 PO#11923 SOUTHWESTERN BELL 0227 122401 24-Dec-01 $ (14.66) $ (14.66) 314-436-0227-138-8 8922 120401 4-Dec-01 $ (7.62) $ (7.62) 573 221-8922 555-7 Total for Supplier: $ (22.28) $ (22.28)

ACCOUNTS PAYABLE TRIAL BALANCE ATTACHMENT 8 AS OF JULY 31, 2002 LIABILITY ACCOUNT: 15-000-220102-00000

INVOICE REMAINING SUPPLIER NAME INVOICE NUMBER DATE AMOUNT AMOUNT INVOICE DESCRIPTION - ------------------------------------------------------------------------------------------------------------------------------------ STANDARD COURIER 30983 27-Jul-02 $ 4.50 $ 4.50 30875 20-Jul-02 $ 4.50 $ 4.50 Total for Supplier: $ 9.00 $ 9.00 STATE OF NEW JERSEY 123101 31-Dec-01 $ 340.00 $ 340.00 DELTA QUEEN STEAMBOAT COMPANY STATE OF NEW JERSEY - CBT 123101 31-Dec-01 $ 340.00 $ 340.00 DQSB II, INC STEWART COUNTY TRUSTEE 123101 31-Dec-01 $ 2,569.98 $ 2,569.98 PROPERTY ADDRESS BL000400 TAX COLLECTOR 123101 31-Dec-01 $ 240.81 $ 240.81 PROPERTY ADDRESS BL000400 TENNESSEE DEPARTMENT OF REVENUE 123101 31-Dec-01 $ 7,000.00 $ 7,000.00 DELTA QUEEN STEAMBOAT COMPANY TREASURER, CITY OF MEMPHIS 123101 31-Dec-01 $ 2,626.70 $ 2,626.70 ACCOUNT NUMBER TBL000400 UNITED CABS CO. INC. 063002MIZZ 30-Jun-02 $ 103.00 $ 103.00 TRANSPORTATION EXP M MIZZELL WAYNE COUNTY TRUSTEE 123101 31-Dec-01 $ 205.03 $ 205.03 PROPERTY ADDRESS BL000400 WEST VIRGINIA STATE TAX DEPARTMENT 123101 31-Dec-01 $ 2,010.00 $ 2,010.00 AMERICAN CLASSIC VOYAGES, INC. WESTBANK - MARRERO CAB CO 000012 12-Jul-02 $ 16.90 $ 16.90 TRANSPORT EXP N PIERCE DOS 6/25/02 WITHERS/SUDDATH RELO SYSTEMS, INC. 145196 30-Oct-01 $ 1,040.00 $ 10.00 60 DOLLIE LOADS TOTAL FOR LIABILITY ACCOUNT: $121,477.24 $111,290.51 TOTAL FOR REPORT: $121,477.24 $111,290.51

DEBTOR: AMCV CRUISE OPERATIONS, INC. CASE NUMBER: 01-10967 (JCA) PRELIMINARY MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED ATTACHMENT 9 NOTES TO JULY MONTHLY OPERATING REPORT The information contained herein is unaudited. Liabilities included in these financial statements reflect amounts known by the Company to have been incurred. The Company has listed in prior filings with the United States Trustee potential additional claims it believes may be asserted against the Company. To the best of the Debtor's knowledge and belief, based on currently available information, all Federal income and payroll taxes due and owing have been paid. EX-99.11 13 g78052exv99w11.txt CAT II, INC. -MONTHLY OPERATING REPORT EXHIBIT 99.11 DEBTOR: CAT II, INC. CASE NUMBER: 01-10968 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED In accordance with title 28, section 1746, of the United States Code, I declare under penalty of perjury that CAT II, Inc. was inactive for the above referenced period and, to the best of my knowledge, the foregoing is true and correct. /s/ STEVE MOELLER - ------------------------- Steve Moeller Director, Accounting EX-99.12 14 g78052exv99w12.txt GREAT INDEPENDENCE SHIP- MONTHLY OPERATING REPORT EXHIBIT 99.12 DEBTOR: GREAT INDEPENDENCE SHIP CO. CASE NUMBER: 01-10969 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED In accordance with title 28, section 1746, of the United States Code, I declare under penalty of perjury that Great Independence Ship Co. was inactive for the above referenced period and, to the best of my knowledge, the foregoing is true and correct. /s/ STEVE MOELLER - ----------------------------- Steve Moeller Director, Accounting EX-99.13 15 g78052exv99w13.txt THE DELTA QUEEN STEAMBOAT-MONTHLY OPERATING REPORT EXHIBIT 99.13 DEBTOR: THE DELTA QUEEN STEAMBOAT COMPANY CASE NUMBER: 01-10970 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED In accordance with title 28, section 1746, of the United States Code, I declare under penalty of perjury that I have examined the attached July Monthly Operating Report (Attachments 1 through 9) and, to the best of my knowledge, these documents are true, correct, and complete. /s/ STEVE MOELLER - ---------------------------- Steve Moeller Director, Accounting DEBTOR: THE DELTA QUEEN STEAMBOAT COMPANY CASE NUMBER: 01-10970 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED CONTENTS Attachment 1 Summary of Bank and Investment Accounts Attachment 2 Schedule of Receipts and Disbursements Attachment 3 Bank and Investment Account Statements Attachment 4 Income Statement Attachment 5 Balance Sheet Attachment 6 Summary of Due To/Due From Intercompany Accounts Attachment 7 Accounts Receivable Aging Attachment 8 Accounts Payable Detail Attachment 9 Notes to July Monthly Operating Report

Summary Of Bank And Investment Accounts Attachment 1 The Delta Queen Steamboat Co. Summary Case No: 01-10970 (JCA) UNAUDITED The Delta Queen Steamboat Co. For Month Of July, 2002 Balances -------------------------------- Receipts & Bank Opening Closing Disbursements Statements Account Account As Of 7/01/02 As Of 7/31/02 Included Included Reconciled - ------- ------------- ------------- -------- -------- ---------- Delta Queen Controlled Disb 2,206.93 2,550.22 Yes Yes Yes Hibernia Account # - 542027373 Delta Queen Master Cash 99,999.95 95,667.64 Yes Yes Yes Hibernia Account # - 812-395-335 Delta Queen Payroll 32,274.89 24,143.85 Yes No - Not Yes Hibernia Concentration Account # - 812-395-289 Account The Delta Queen Steamboat Co. 0.00 0.00 No - No - No - LaSalle - Wealth Management Account Account Account Account # - TNE-043290 Closed Closed Closed The Delta Queen Steamboat Co. 0.00 0.00 No - No - No - AmSouth Account Account Account Account # - 19356307 Closed Closed Closed Delta Queen 0.00 0.00 No - No - No - LaSalle Account Account Account Account # - 5800155771 Closed Closed Closed DQ Credit Card 0.00 0.00 Yes No - Not Yes Bank One Concentration Account # - 552-0110062868 Account DQ Master Cash 0.00 0.00 No - No - No - Bank One Account Account Account Account # - 552-0110256700 Closed Closed Closed The Delta Queen Steamboat Co 221,037.14 18,846.89 Yes No - Not Yes Receipts Concentration Hibernia Account Account # - 882-390-047 The Delta Queen Steamboat Co 0.00 0.00 No - No - No - Receipts Account Account Account LaSalle Closed Closed Closed Account # - 5800155839 The Delta Queen Steamboat Co 0.00 80.78 Yes No - Not Yes Escrow Account Concentration LaSalle Account Account # - 62-8930-70-3 The Delta Queen Steamboat Co 750,000.00 750,851.78 Yes No - Not Yes Escrow Account - DQ/DN IDCC Concentration LaSalle Account Account # - 62-9003-40-1 The Delta Queen Steamboat Co 250,000.00 250,283.93 Yes No - Not Yes Escrow Account - DQ/DN - Seller Proration Concentration LaSalle Account Account # - 62-9003-42-7 The Delta Queen Steamboat Co 0.00 32,038,490.60 Yes No - Not Yes LaSalle - Investment Account Concentration 03-9042-30-4 Account

Receipts & Disbursements Attachment 2-1 The Delta Queen Steamboat Co. R&D - Hibernia Case No: 01-10970 (JCA) UNAUDITED DQ Controlled Disb Hibernia Controlled Disbursements Account # - 542027373 1 July 02 - 31 July 02 Opening Balance - 1 July 02 2,206.93 Receipts 137,246.07 From The Delta Queen Steam Boat Co. - Hibernia - DQSC Master Cash - Account (812-395-335) ------------------ 137,246.07 Total Receipts Disbursements 12,130.16 Crew Maintenance & Medical 408.45 FedEx Lay-Up 1,872.57 Office - Chicago Office - Honolulu 170.12 Office - NOLA 2,678.53 Office - Weston 29,181.67 Payroll Benefits Crew Replacement Check 48,133.90 Professional Fees 2,278.94 SG&A - Finance SG&A - Hotel Ops SG&A - HR SG&A - IT SG&A - Marine Ops SG&A - Sales & Marketing Start-Up - MQ 25.00 Taxes & Tax Services 1,117.14 Vessel Ops - MQ (Pre-May 7) 2,290.56 Other Vessel Expense - Legal 6,606.57 Other Vessel Expense - Tie-Up 1,500.00 Bank Svce Fee 21,250.00 Trustee Fee ------------------ 129,643.61 Total Disbursements (* See Footnote) Closing Balance - 31 July 02 2,550.22

* $7,259.17 Of Disbursements Not Reflected In Disbursements Above Due To Being Reimbursed By Buyer Of Assets At Closing.

Receipts & Disbursements Attachment 2-2 The Delta Queen Steamboat Co. R&D - Hibernia Case No: 01-10970 (JCA) UNAUDITED DQ Master Cash Hibernia DQ Master Cash Account # - 812-395-335 1 July 02 - 31 July 02 Opening Balance - 1 July 02 99,999.95 Receipts 900,000.00 From American Classic Voyages Co - Credit Suisse Asset Management - Account (247003452) ----------- 900,000.00 Total Receipts Disbursements (137,246.07) To The Delta Queen Steam Boat Co. - Hibernia - DQSC Contr. Disb. - Account (542027373) (162,358.52) Professional Fees - Latham & Watkins (245,707.49) Insurance Payments (185.75) Hibernia National Bank - Fees (50,000.00) To The Delta Queen Steam Boat Co Payroll Acct (812395289) - Hibernia - (178,627.17) Professional Fees - Chanin (21,742.15) Professional Fees Walsh,Monzack & Policano (106,732.80) Professional Fees - Hahn & Hessen ----------- (902,599.95) Total Disbursements (* See Footnote) Closing Balance - 31 July 02 95,667.64

* $1,732.36 Of Disbursements Not Reflected In Disbursements Above Due To Being Reimbursed By Buyer Of Assets At Closing.

Receipts & Disbursements Attachment 2-3 The Delta Queen Steamboat Co. R&D - Hibernia Case No: 01-10970 (JCA) UNAUDITED DQ Payroll Hibernia DQ Payroll Account # - 812-395-289 1 July 02 - 31 July 02 Opening Balance - 1 July 02 32,274.89 Receipts 50,000.00 From The Delta Queen Steam Boat Co. - Hibernia - DQSC Master Cash - Account (812-395-335) 100,000.00 From DQSC Receipt Account - Hibernia - Account (882390047) ----------- 150,000.00 Total Receipts Disbursements (155,484.56) Payroll - Wires & Checks ----------- (155,484.56) Total Disbursements (* See Footnote) Closing Balance - 31 July 02 24,143.85

* $2,646.48 Of Disbursements Not Reflected In Disbursements Above Due To Being Reimbursed By Buyer Of Assets At Closing.

Receipts & Disbursements Attachment 2-4 The Delta Queen Steamboat Co. R&D - BankOne Case No: 01-10970 (JCA) UNAUDITED DQ Credit Cards Bank One Delta Queen Credit Cards Account # - 552-0110062868 1 July 02 - 31 July 02 Opening Balance - 1 July 02 0.00 Receipts 0.00 ---- 0.00 Total Receipts Disbursements 0.00 ---- 0.00 Closing Balance - 31 July 02 0.00

Receipts & Disbursements Attachment 2-5 The Delta Queen Steamboat Co. R&D - Hibernia Case No: 01-10970 (JCA) UNAUDITED DQSC Receipts Hibernia DQSC Receipts Account # - 882-390-047 1 July 02 - 31 July 02 Opening Balance - 1 July 02 221,037.14 Receipts ----------- 0.00 Total Receipts Disbursements (100,000.00) Disbursements to Hibernia Delta Queen Payroll Acct (Acct # 812-395-289) (100.00) Paymentech Chargeback (6,077.58) Paymentech fees ----------- (106,177.58) Total Disbursements *( See Footnote) Closing Balance - 31 July 02 18,846.89

* $96,012.67 Of Disbursements Not Reflected In Disbursements Above Due To Being Reimbursed By Buyer Of Assets At Closing.

Receipts & Disbursements Attachment 2-6 The Delta Queen Steamboat Co. R&D - LaSalle Case No: 01-10970 (JCA) UNAUDITED DQSC Escrow LaSalle DQSC Escrow Account # - 62-8930-70-3 1 July 02 - 31 July 02 Opening Balance - 1 July 02 0.00 Receipts 80.78 Interest Income ----- 80.78 Total Receipts Disbursements ----- 0.00 Total Disbursements Closing Balance - 31 July 02 80.78

Receipts & Disbursements Attachment 2-7 The Delta Queen Steamboat Co. R&D - LaSalle Case No: 01-10970 (JCA) UNAUDITED DQ-DN IDCC Escrow LaSalle DQ-DN IDCC Escrow Account # - 62-9003-40-1 1 July 02 - 31 July 02 Opening Balance - 1 July 02 750,000.00 Receipts 851.78 Interest Income ---------- 851.78 Total Receipts Disbursements ---------- 0.00 Total Disbursements Closing Balance - 31 July 02 750,851.78

Receipts & Disbursements Attachment 2-8 The Delta Queen Steamboat Co. R&D - LaSalle Case No: 01-10970 (JCA) UNAUDITED DQ-DN Seller Proration Escrow LaSalle DQ-DN Seller Proration Escrow Account # - 62-9003-42-7 1 July 02 - 31 July 02 Opening Balance - 1 July 02 250,000.00 Receipts 283.93 Interest Income ---------- 283.93 Total Receipts Disbursements ---------- 0.00 Total Disbursements Closing Balance - 31 July 02 250,283.93

Receipts & Disbursements Attachment 2-7 The Delta Queen Steamboat Co. R&D - LaSalle Case No: 01-10970 (JCA) UNAUDITED Investment LaSalle - Investment Account Account # - 03-9042-30-4 1 July 02 - 31 July 02 Opening Balance - 1 July 02 0.00 Receipts 32,038,490.60 From American Classic Voyages - Credit Suisse Investment Acct (#247003452) ------------- 32,038,490.60 Total Receipts Disbursements ------------- 0.00 Total Disbursements Closing Balance - 31 July 02 32,038,490.60

AMCV US SET OF BOOKS Date: 14-AUG-02 16:54:58 INCOME STATEMENT - ATTACHMENT 4 Page: 1 Current Period: JUL-02 currency USD Company=20 (DELTA QUEEN STEAM CO)

PTD-Actual 31-Jul-02 ----------- Revenue Gross Revenue 0.00 Allowances 0.00 ----------- Net Revenue 0.00 Operating Expenses Air 0.00 Hotel 0.00 Commissions 0.00 Onboard Expenses 0.00 Passenger Expenses 0.00 Vessel Expenses 0.00 Layup/Drydock Expense 0.00 Vessel Insurance 0.00 ----------- Total Operating Expenses 0.00 ----------- Gross Profit 0.00 SG&A Expenses Sales & Marketing 0.00 Start-Up Costs 0.00 ----------- Total SG&A Expenses 0.00 ----------- EBITDA 0.00 Depreciation 0.00 ----------- Operating Income 0.00 Other Expense/(Income) Interest Income 0.00 Equity in Earnings for Sub (71,551.78) Reorganization expenses (1,740.11) ----------- Total Other Expense/(Income) 69,811.67 ----------- Net Pretax Income/(Loss) (69,811.67) Income Tax Expense 0.00 ----------- Net Income/(Loss) (69,811.67) ===========

AMCV US SET OF BOOKS Date: 14-AUG-02 17:03:57 BALANCE SHEET - ATTACHMENT 5 Page: 1 Current Period: JUL-02 currency USD Company=20 (DELTA QUEEN STEAM CO)

YTD-Actual YTD-Actual 31-Jul-02 22-Oct-02 -------------- -------------- ASSETS Cash and Equivalent 32,144,036.06 2,494,983.63 Restricted Cash 1,001,135.71 0.00 Accounts Receivable 379,081.11 0.00 Inventories 0.00 840,779.06 Prepaid Expenses 0.00 13,147.33 Other Current Assets 0.00 0.00 -------------- -------------- Total Current Assets 33,524,252.88 3,348,910.02 Fixed Assets 0.00 8,202,345.75 Accumulated Depreciation 0.00 (5,195,800.16) -------------- -------------- Net Fixed Assets 0.00 3,006,545.59 Net Goodwill 0.00 0.00 Intercompany Due To/From 9,243,223.09 37,437,552.28 Net Deferred Financing Fees 0.00 5,434.15 Net Investment in Subsidiaries (83,386,714.55) 33,999,708.26 -------------- -------------- Total Other Assets (74,143,491.46) 71,442,694.69 -------------- -------------- Total Assets (40,619,238.58) 77,798,150.30 ============== ==============

AMCV US SET OF BOOKS Date: 14-AUG-02 17:03:57 BALANCE SHEET - ATTACHMENT 5 Page: 2 Current Period: JUL-02 currency USD Company=20 (DELTA QUEEN STEAM CO)

YTD-Actual YTD-Actual 31-Jul-02 22-Oct-02 -------------- -------------- LIABILITIES Accounts Payable 0.00 0.00 Accrued Liabilities 1,364,157.65 0.00 Deposits 0.00 0.00 -------------- -------------- Total Current Liabilities 1,364,157.65 0.00 Long Term Debt 0.00 0.00 Other Long Term Liabilities 9,993,779.93 9,993,779.93 -------------- -------------- Total Liabilities 11,357,937.58 9,993,779.93 Liabilities Subject to Compromise 577,835.68 577,835.68 OWNER'S EQUITY Common Stock 1,000.00 1,000.00 Add'l Paid In Capital 33,564,332.71 33,564,332.71 Current Net Income (Loss) (118,910,540.03) (2,866,520.92) Retained Earnings 32,790,195.48 36,527,722.90 -------------- -------------- Total Owner's Equity (52,555,011.84) 67,226,534.69 -------------- -------------- Total Liabilities & Equity (40,619,238.58) 77,798,150.30 ============== ==============

The Delta Queen Steamboat Co. ATTACHMENT 6 01-10970 (JCA) Summary List of Due To/Due From Accounts For the Month Ended July 31, 2002 BEGINNING ENDING AFFILIATE NAME CASE NUMBER BALANCE DEBITS CREDITS BALANCE American Classic Voyages Co. 01-10954 (6,235,723.33) 31,052.89 -- (6,204,670.44) AMCV Cruise Operations, Inc. 01-10967 133,076,321.40 876,882.27 32,950,004.26 101,003,199.41 Great AQ Steamboat, L.L.C 01-10960 (38,925,728.55) 17,375.93 -- (38,908,352.62) Great Pacific NW Cruise Line, L.L.C 01-10977 (8,418,523.91) 8,333.33 1,454.50 (8,411,645.08) Great River Cruise Line, L.L.C 01-10963 (10,542,163.90) 8,333.34 468.65 (10,534,299.21) Great Ocean Cruise Line, L.L.C 01-10959 (17,670,609.52) 8,666.71 6,127.52 (17,668,070.33) Cruise America Travel, Incorporated 01-10966 256,503.82 -- -- 256,503.82 Delta Queen Coastal Voyages, L.L.C 01-10964 (911,198.96) -- -- (911,198.96) Cape Cod Light, L.L.C 01-10962 (1,404,059.37) -- -- (1,404,059.37) Cape May Light, L.L.C 01-10961 (8,431,118.53) -- -- (8,431,118.53) Project America, Inc. N/A (2,934,348.03) -- -- (2,934,348.03) Oceanic Ship Co. N/A (136,810.43) -- -- (136,810.43) Project America Ship I, Inc. N/A 255,723.41 -- -- 255,723.41 Project America Ship II, Inc. N/A (142,646.25) -- -- (142,646.25) Ocean Development Co. 01-10972 2,214,633.49 -- -- 2,214,633.49 Great Hawaiian Cruise Line, Inc. 01-10975 (7,057.02) -- -- (7,057.02) Great Hawaiian Properties Corporation 01-10971 1,247,073.77 -- -- 1,247,073.77 American Hawaii Properties Corporation 01-10976 43,550.29 -- -- 43,550.29 Great Independence Ship Co. 01-10969 (83,084.83) -- -- (83,084.83) CAT II, Inc. 01-10968 (100.00) -- -- (100.00) ----------------------------------------------------------------- 41,250,633.55 950,644.47 32,958,054.93 9,243,223.09 =================================================================

THE DELTA QUEEN STEAMBOAT COMPANY CASE #: 01-10970 (JCA) ACCOUNTS RECEIVABLE RECONCILIATION AND AGING

DETAIL: 0-30 DAYS 31-60 DAYS 61-90 DAYS 91+ DAYS TOTAL Paymentech Credit Card Processor 0.00 American Express Credit Card Processor 0.00 Discover Credit Card Processor 0.00 Diners Credit Card Processor 0.00 Travel Agents 0.00 Delaware North Companies 9,818.54 113,300.81 255,961.76 379,081.11 --------------- -------------- -------------- ------------- -------------- Total 9,818.54 113,300.81 255,961.76 0.00 379,081.11 =============== ============== ============== ============= ==============

ATTACHMENT # 7 The Delta Queen Steamboat Company 01-10970 (JCA) Accounts Payable Detail As of July 31, 2002 Attachment 8 Not Applicable DEBTOR: THE DELTA QUEEN STEAMBOAT COMPANY CASE NUMBER: 01-10970 (JCA) PRELIMINARY MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED ATTACHMENT 9 NOTES TO JULY MONTHLY OPERATING REPORT The information contained herein is unaudited. Liabilities included in these financial statements reflect amounts known by the Company to have been incurred. The Company has listed in prior filings with the United States Trustee potential additional claims it believes may be asserted against the Company. To the best of the Debtor's knowledge and belief, based on currently available information, all Federal income and payroll taxes due and owing have been paid. 1. Accounts receivable represent monies due from the Purchaser subject to final calculation of all closing adjustments to be completed within 60 to 90 days of the closing date, May 31, 2002. 2. Other long-term liabilities consists of deferred tax assets and liabilities, net. Deferred tax assets and liabilities have been recognized for the expected future tax consequences of temporary differences between carrying amounts and the tax basis of assets and liabilities. The Debtor has not recorded adjustments to these amounts pending the outcome of Chapter 11 proceedings. EX-99.14 16 g78052exv99w14.txt GREAT HAWAIIAN PROPERTIES-MONTHLY OPERATING REPORT EXHIBIT 99.14 DEBTOR: GREAT HAWAIIAN PROPERTIES CORPORATION CASE NUMBER: 01-10971 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED In accordance with title 28, section 1746, of the United States Code, I declare under penalty of perjury that Great Hawaiian Properties Corporation was inactive for the above referenced period and, to the best of my knowledge, the foregoing is true and correct. /s/ STEVE MOELLER - ---------------------------- Steve Moeller Director, Accounting EX-99.15 17 g78052exv99w15.txt OCEAN DEVELOPMENT CO.-MONTHLY OPERATING REPORT EXHIBIT 99.15 DEBTOR: OCEAN DEVELOPMENT CO. CASE NUMBER: 01-10972 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED In accordance with title 28, section 1746, of the United States Code, I declare under penalty of perjury that Ocean Development Co. was inactive for the above referenced period and, to the best of my knowledge, the foregoing is true and correct. /s/ STEVE MOELLER - --------------------- Steve Moeller Director, Accounting EX-99.16 18 g78052exv99w16.txt AMCV HOLDINGS, INC.- MONTHLY OPERATING REPORT EXHIBIT 99.16 DEBTOR: AMCV HOLDINGS, INC. CASE NUMBER: 01-10973 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED In accordance with title 28, section 1746, of the United States Code, I declare under penalty of perjury that AMCV Holding, Inc. was inactive for the above referenced period and, to the best of my knowledge, the foregoing is true and correct. /s/ STEVE MOELLER - --------------------- Steve Moeller Director, Accounting EX-99.17 19 g78052exv99w17.txt DQSB II, INC.-MONTHLY OPERATING REPORT EXHIBIT 99.17 DEBTOR: DQSB II, INC. CASE NUMBER: 01-10974 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED In accordance with title 28, section 1746, of the United States Code, I declare under penalty of perjury that I have examined the attached July Monthly Operating Report (Attachments 1 through 9) and, to the best of my knowledge, these documents are true, correct, and complete. /s/ STEVE MOELLER - ----------------- Steve Moeller Director, Accounting DEBTOR: DQSB II, INC. CASE NUMBER: 01-10974 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED CONTENTS Attachment 1 Summary of Bank and Investment Accounts Attachment 2 Schedule of Receipts and Disbursements Attachment 3 Bank and Investment Account Statements Attachment 4 Income Statement Attachment 5 Balance Sheet Attachment 6 Summary of Due To/Due From Intercompany Accounts Attachment 7 Accounts Receivable Aging Attachment 8 Accounts Payable Detail Attachment 9 Notes to July Monthly Operating Report Summary Of Bank And Investment Accounts Attachment 1 DQSB II, Inc. Summary Case No: 01-10974 (JCA) UNAUDITED DQSB II, Inc. For Month Of July, 2002

Balances ------------------------------ Receipts & Bank Opening Closing Disbursements Statements Account Account As Of 7/01/02 As Of 7/31/02 Included Included Reconciled - ------- ------------- ------------- ------------- ---------- ---------- No Bank Or Investment NA NA NA NA NA Accounts

Receipts & Disbursements Attachment 2 DQSB II, Inc. Summary Case No: 01-10974 (JCA) DQSB II, Inc. For Month Of July, 2002 Attach 2 No Receipts Or Disbursements Due To No Bank Or Investment Accounts Concentration & Investment Account Statements Attachment 3 DQSB II, Inc. Summary Case No: 01-10974 (JCA) DQSB II, Inc. For Month Of July, 2002 Attach 3 No Statements Due To No Concentration Or Investment Accounts AMCV US SET OF BOOKS Date: 14-AUG-02 16:54:58 INCOME STATEMENT - ATTACHMENT 4 Page: 1 Current Period: JUL-02 currency USD Company=60 (DELTA QUEEN SC II)

PTD-Actual 31-Jul-02 ----------- Revenue Gross Revenue 0.00 Allowances 0.00 ----------- Net Revenue 0.00 Operating Expenses Air 0.00 Hotel 0.00 Commissions 0.00 Onboard Expenses 0.00 Passenger Expenses 0.00 Vessel Expenses 0.00 Layup/Drydock Expense 0.00 Vessel Insurance 0.00 ----------- Total Operating Expenses 0.00 ----------- Gross Profit 0.00 SG&A Expenses Sales & Marketing 0.00 Start-Up Costs 0.00 ----------- Total SG&A Expenses 0.00 ----------- EBITDA 0.00 Depreciation 0.00 ----------- Operating Income 0.00 Other Expense/(Income) Interest Income 0.00 Equity in Earnings for Sub (742.05) Reorganization expenses 0.00 ----------- Total Other Expense/(Income) 742.05 ----------- Net Pretax Income/(Loss) (742.05) Income Tax Expense 0.00 ----------- Net Income/(Loss) (742.05) ===========

AMCV US SET OF BOOKS Date: 14-AUG-02 17:03:57 BALANCE SHEET - ATTACHMENT 5 Page: 1 Current Period: JUL-02 currency USD Company=60 (DELTA QUEEN SC II)

YTD-Actual YTD-Actual 31-Jul-02 22-Oct-02 -------------- -------------- ASSETS Cash and Equivalent 0.00 0.00 Restricted Cash 0.00 0.00 Accounts Receivable 0.00 0.00 Inventories 0.00 0.00 Prepaid Expenses 0.00 0.00 Other Current Assets 0.00 0.00 -------------- -------------- Total Current Assets 0.00 0.00 Fixed Assets 0.00 0.00 Accumulated Depreciation 0.00 0.00 -------------- -------------- Net Fixed Assets 0.00 0.00 Net Goodwill 0.00 0.00 Intercompany Due To/From (22,497.32) (21,361.32) Net Deferred Financing Fees 0.00 0.00 Net Investment in Subsidiaries (1,828,814.91) 178,552.30 -------------- -------------- Total Other Assets (1,851,312.23) 157,190.98 -------------- -------------- Total Assets (1,851,312.23) 157,190.98 ============== ==============

AMCV US SET OF BOOKS Date: 14-AUG-02 17:03:57 BALANCE SHEET - ATTACHMENT 5 Page: 2 Current Period: JUL-02 currency USD Company=60 (DELTA QUEEN SC II)

YTD-Actual YTD-Actual 31-Jul-02 22-Oct-02 --------------- ------------- LIABILITIES Accounts Payable 0.00 0.00 Accrued Liabilities 0.00 0.00 Deposits 0.00 0.00 --------------- ------------- Total Current Liabilities 0.00 0.00 Long Term Debt 0.00 0.00 Other Long Term Liabilities (4,904.83) (4,904.83) --------------- ------------- Total Liabilities (4,904.83) (4,904.83) Liabilities Subject to Compromise 0.00 0.00 OWNER'S EQUITY Common Stock 0.00 0.00 Add'l Paid In Capital 600,000.00 600,000.00 Current Net Income (Loss) (1,992,947.54) (181,334.98) Retained Earnings (453,459.86) (256,569.21) --------------- ------------- Total Owner's Equity (1,846,407.40) 162,095.81 --------------- ------------- Total Liabilities & Equity (1,851,312.23) 157,190.98 =============== =============

DQSB II, INC. ATTACHMENT 6 01-10974 (JCA) Summary List of Due To/Due From Accounts For the Month Ended July 31, 2002

BEGINNING ENDING AFFILIATE NAME CASE NUMBER BALANCE DEBITS CREDITS BALANCE - -------------- ----------- ------- ------ ------- ------- American Classic Voyages Co. 01-10954 (22,836.06) - - (22,836.06) AMCV Cruise Operations, Inc. 01-10967 (2,330.40) - - (2,330.40) Great AQ Steamboat, L.L.C. 01-10960 919.60 - - 919.60 Great Pacific NW Cruise Line, L.L.C. 01-10977 339.49 - - 339.49 Great River Cruise Line, L.L.C. 01-10963 367.05 - - 367.05 Great Ocean Cruise Line, L.L.C. 01-10959 877.52 - - 877.52 Cape Cod Light, L.L.C. 01-10962 82.74 - - 82.74 Cape May Light, L.L.C. 01-10961 82.74 - - 82.74 --------------------------------------------------------- (22,497.32) - - (22,497.32) =========================================================

DQSB II, INC. 01-10974 (JCA) ACCOUNTS RECEIVABLE AGING AS OF JULY 31, 2002 ATTACHMENT 7 NOT APPLICABLE DQSB II, INC. 01-10974 (JCA) ACCOUNTS PAYABLE DETAIL AS OF JULY 31, 2002 ATTACHMENT 8 NOT APPLICABLE DEBTOR: DQSB II, INC. CASE NUMBER: 01-10974 (JCA) PRELIMINARY MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED ATTACHMENT 9 NOTES TO JULY MONTHLY OPERATING REPORT The information contained herein is unaudited. Liabilities included in these financial statements reflect amounts known by the Company to have been incurred. The Company has listed in prior filings with the United States Trustee potential additional claims it believes may be asserted against the Company. To the best of the Debtor's knowledge and belief, based on currently available information, all Federal income and payroll taxes due and owing have been paid. 1. Other long-term liabilities consists of deferred tax assets and liabilities, net. Deferred tax assets and liabilities have been recognized for the expected future tax consequences of temporary differences between carrying amounts and the tax basis of assets and liabilities. The Debtor has not recorded adjustments to these amounts pending the outcome of Chapter 11 proceedings. EX-99.18 20 g78052exv99w18.txt GREAT HAWAIIAN CRUISE-MONTHLY OPERATING REPORT EXHIBIT 99.18 DEBTOR: GREAT HAWAIIAN CRUISE LINE, INC. CASE NUMBER: 01-10975 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED In accordance with title 28, section 1746, of the United States Code, I declare under penalty of perjury that Great Hawaiian Cruise Line, Inc. was inactive for the above referenced period and, to the best of my knowledge, the foregoing is true and correct. /s/ STEVE MOELLER - --------------------- Steve Moeller Director, Accounting EX-99.19 21 g78052exv99w19.txt AMERICAN HAWAIIAN- MONTHLY OPERATING REPORT EXHIBIT 99.19 DEBTOR: AMERICAN HAWAII PROPERTIES CORPORATION CASE NUMBER: 01-10976 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED In accordance with title 28, section 1746, of the United States Code, I declare under penalty of perjury that American Hawaii Properties Corporation was inactive for the above referenced period and, to the best of my knowledge, the foregoing is true and correct. /s/ STEVE MOELLER - -------------------- Steve Moeller Director, Accounting EX-99.20 22 g78052exv99w20.txt GREAT PACIFIC NW CRUISE-MONTHLY OPERATING REPORT EXHIBIT 99.20 DEBTOR: GREAT PACIFIC NW CRUISE LINE, L.L.C. CASE NUMBER: 01-10977 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED In accordance with title 28, section 1746, of the United States Code, I declare under penalty of perjury that I have examined the attached July Monthly Operating Report (Attachments 1 through 9) and, to the best of my knowledge, these documents are true, correct, and complete. /s/ STEVE MOELLER - ---------------------- Steve Moeller Director, Accounting DEBTOR: GREAT PACIFIC NW CRUISE LINE, L.L.C. CASE NUMBER: 01-10977 (JCA) MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED CONTENTS Attachment 1 Summary of Bank and Investment Accounts Attachment 2 Schedule of Receipts and Disbursements Attachment 3 Bank and Investment Account Statements Attachment 4 Income Statement Attachment 5 Balance Sheet Attachment 6 Summary of Due To/Due From Intercompany Accounts Attachment 7 Accounts Receivable Aging Attachment 8 Accounts Payable Detail Attachment 9 Notes to July Monthly Operating Report

Summary Of Bank, Investment & Petty Cash Accounts Attachment 1 Great Pacific NW Cruise Line, L.L.C. Summary Case No: 01-10977 (JCA) UNAUDITED Great Pacific NW Cruise Line, LLC For Month Of July, 2002 Balances --------------------------------- Receipts & Bank Opening Closing Disbursements Statements Account Account As Of 7/01/02 As Of 7/31/02 Included Included Reconciled - ------- ------------- ------------- -------- -------- ---------- Great Pacific NW Cruise Line 0.00 0.00 No - No - No - Payroll Account Account Account U.S. Bank Closed Closed Closed Account # - 153390417191 Great Pacific NW Cruise Line 0.00 0.00 No - No - No - Steamer Account Account Account U.S. Bank Closed Closed Closed Account # - 153390417191 Great Pacific NW Cruise Line 0.00 0.00 No - No - Not No - Columbia Queen Petty Cash No Activity Concentration No Activity Account

Receipts & Disbursements Attachment 2 Great Pacific NW Cruise Line, L.L.C. Summary Case No: 01-10977 (JCA) Great Pacific NW Cruise Line, LLC For Month Of July, 2002 Attach 2 No Receipts Or Disbursements Due To All Accounts Closed Concentration & Investment Account Statements Attachment 3 Great Pacific NW Cruise Line, L.L.C. Summary Case No: 01-10977 (JCA) Great Pacific NW Cruise Line, LLC For Month Of July, 2002 Attach 3 No Statements Due To No Concentration Or Investment Accounts AMCV US SET OF BOOKS Date: 14-AUG-02 16:55:03 INCOME STATEMENT - ATTACHMENT 4 Page: 1 Current Period: JUL-02 currency USD Company=24 (COLUMBIA QUEEN)

PTD-Actual 31-Jul-02 ---------- Revenue Gross Revenue 0.00 Allowances 0.00 ---------- Net Revenue 0.00 Operating Expenses Air 0.00 Hotel 0.00 Commissions 0.00 Onboard Expenses 0.00 Passenger Expenses (1,454.50) Vessel Expenses 0.00 Layup/Drydock Expense 0.00 Vessel Insurance 8,779.63 ---------- Total Operating Expenses 7,325.13 ---------- Gross Profit (7,325.13) SG&A Expenses Sales & Marketing 0.00 Start-Up Costs 0.00 ---------- Total SG&A Expenses 0.00 ---------- EBITDA (7,325.13) Depreciation 0.00 ---------- Operating Income (7,325.13) Other Expense/(Income) Interest Income 0.00 Equity in Earnings for Sub 0.00 Reorganization expenses 0.00 ---------- Total Other Expense/(Income) 0.00 ---------- Net Pretax Income/(Loss) (7,325.13) Income Tax Expense 0.00 ---------- Net Income/(Loss) (7,325.13) ==========

AMCV US SET OF BOOKS Date: 14-AUG-02 17:04:04 BALANCE SHEET - ATTACHMENT 5 Page: 1 Current Period: JUL-02 currency USD Company=24 (COLUMBIA QUEEN)

YTD-Actual YTD-Actual 31-Jul-02 22-Oct-02 ------------- ------------- ASSETS Cash and Equivalent 0.00 31,623.21 Restricted Cash 0.00 0.00 Accounts Receivable 0.00 11,425.61 Inventories 0.00 199,562.38 Prepaid Expenses 0.00 2,800.00 Other Current Assets 0.00 0.00 ------------- ------------- Total Current Assets 0.00 245,411.20 Fixed Assets 0.00 45,093,524.95 Accumulated Depreciation 0.00 (1,870,234.50) ------------- ------------- Net Fixed Assets 0.00 43,223,290.45 Net Goodwill 0.00 0.00 Intercompany Due To/From (10,107,149.00) (9,983,225.62) Net Deferred Financing Fees 0.00 2,545,011.02 Net Investment in Subsidiaries 0.00 0.00 Other Non Current Assets 12,000,000.00 0.00 ------------- ------------- Total Other Assets 1,892,851.00 (7,438,214.60) ------------- ------------- Total Assets 1,892,851.00 36,030,487.05 ============= =============

AMCV US SET OF BOOKS Date: 14-AUG-02 17:04:04 BALANCE SHEET - ATTACHMENT 5 Page: 2 Current Period: JUL-02 currency USD Company=24 (COLUMBIA QUEEN)

YTD-Actual YTD-Actual 31-Jul-02 22-Oct-02 ------------- ------------- LIABILITIES Accounts Payable 235.00 180.00 Accrued Liabilities 0.00 331,444.68 Deposits 0.00 0.00 ------------- ------------- Total Current Liabilities 235.00 331,624.68 Long Term Debt 0.00 0.00 Other Long Term Liabilities 0.00 0.00 ------------- ------------- Total Liabilities 235.00 331,624.68 Liabilities Subject to Compromise 37,788,314.80 37,792,814.64 OWNER'S EQUITY Common Stock 0.00 0.00 Add'l Paid In Capital 0.00 0.00 Current Net Income (Loss) (33,710,792.99) 18,578.51 Retained Earnings (2,184,905.81) (2,112,530.78) ------------- ------------- Total Owner's Equity (35,895,698.80) (2,093,952.27) ------------- ------------- Total Liabilities & Equity 1,892,851.00 36,030,487.05 ============= =============

Great Pacific ATTACHMENT 6 01-10977 (JCA) NW Cruise Line, LLC Summary List of Due To/Due From Accounts For the Month Ended July 31, 2002

BEGINNING ENDING AFFILIATE NAME CASE NUMBER BALANCE DEBITS CREDITS BALANCE American Classic Voyages Co. 01-10954 15,472,854.20 -- -- 15,472,854.20 AMCV Cruise Operations, Inc. 01-10967 (9,433,330.28) -- 446.30 (9,433,776.58) The Delta Queen Steamboat Co. 01-10970 8,418,523.91 1,454.50 8,333.33 8,411,645.08 DQSB II, Inc. 01-10974 (339.49) -- -- (339.49) Great AQ Steamboat, L.L.C 01-10960 (5,552.79) -- -- (5,552.79) Great River Cruise Line, L.L.C 01-10963 (4,812.08) -- -- (4,812.08) Great Ocean Cruise Line, L.L.C 01-10959 (10,219.55) -- -- (10,219.55) Cruise America Travel, Incorporated 01-10966 (674,733.24) -- -- (674,733.24) Delta Queen Coastal Voyages, L.L.C 01-10964 118,887.26 -- -- 118,887.26 Cape May Light, L.L.C 01-10961 5,380.67 -- -- 5,380.67 Project America, Inc. N/A (27,500.00) -- -- (27,500.00) Oceanic Ship Co. N/A 1,701.33 -- -- 1,701.33 Project America Ship I, Inc. N/A 291,567.65 -- -- 291,567.65 Ocean Development Co. 01-10972 (24,185,738.20) -- -- (24,185,738.20) Great Hawaiian Properties Corporation 01-10971 (66,513.26) -- -- (66,513.26) ---------------------------------------------------------------- (10,099,823.87) 1,454.50 8,779.63 (10,107,149.00) ================================================================

Great Pacific NW Cruise Line, L.L.C. 01-10977 (JCA) Accounts Receivable Aging As of July 31, 2002 Attachment 7 Not Applicable COLUMBIA QUEEN AP-STEAMER CHECKS 24-000-221300-00000 JULY-02 OUTSTANDING CHECKS: 1566 K Tinnin (American Express) 180.00 1611 Charles Saporiti 55.00 ------ TOTAL PER G/L: 235.00 ====== ATTACHMENT # 8 DEBTOR: GREAT PACIFIC NW CRUISE LINE, L.L.C. CASE NUMBER: 01-10977 (JCA) PRELIMINARY MONTHLY OPERATING REPORT AS OF JULY 31, 2002 AND FOR THE MONTH THEN ENDED ATTACHMENT 9 NOTES TO JULY MONTHLY OPERATING REPORT The information contained herein is unaudited. Liabilities included in these financial statements reflect amounts known by the Company to have been incurred. The Company has listed in prior filings with the United States Trustee potential additional claims it believes may be asserted against the Company. To the best of the Debtor's knowledge and belief, based on currently available information, all Federal income and payroll taxes due and owing have been paid. -----END PRIVACY-ENHANCED MESSAGE-----

EX-99.1

                                                                   EXHIBIT 99.1

DEBTOR: AMERICAN CLASSIC VOYAGES CO.                CASE NUMBER: 01-10954 (JCA)

                            MONTHLY OPERATING REPORT
                              AS OF JULY 31, 2002
                                      AND
                            FOR THE MONTH THEN ENDED

In accordance with title 28, section 1746, of the United States Code, I declare
under penalty of perjury that I have examined the attached July Monthly
Operating Report (Attachments 1 through 9) and, to the best of my knowledge,
these documents are true, correct, and complete.



/s/ STEVE MOELLER
- -------------------------
Steve Moeller
Director, Accounting




DEBTOR: AMERICAN CLASSIC VOYAGES CO.                CASE NUMBER: 01-10954 (JCA)

                            MONTHLY OPERATING REPORT
                              AS OF JULY 31, 2002
                                      AND
                            FOR THE MONTH THEN ENDED

                                    CONTENTS

                        
Attachment 1               Summary of Bank and Investment Accounts

Attachment 2               Schedule of Receipts and Disbursements

Attachment 3               Bank and Investment Account Statements

Attachment 4               Income Statement

Attachment 5               Balance Sheet

Attachment 6               Summary of Due To/Due From Intercompany Accounts

Attachment 7               Accounts Receivable Aging

Attachment 8               Accounts Payable Detail

Attachment 9               Notes to July Monthly Operating Report








                                           Summary Of Bank And Investment Accounts                                     Attachment 1
                                                American Classic Voyages Co
Summary                                          Case No: 01-10954 (JCA)                                                  UNAUDITED
American Classic Voyages Co                     For Month Of July, 2002

                                                  Balances
                                       -------------------------------       Receipts &         Bank
                                            Opening           Closing        Disbursements      Statements    Account
Account                                As Of 7/01/02     As Of 7/31/02       Included           Included      Reconciled
- -------                                -------------     -------------       --------           --------      ----------
                                                                                               
AMCV Deferred Compensation                      0.00              0.00       No -               No -          No -
Bank One                                                                     Account            Account       Account
Account # - 1590101554                                                       Closed             Closed        Closed

AMCV Dental Benefits                            0.00              0.00       No -               No -          No -
Chase (JP Morgan Chase & Co)                                                 Account            Account       Account
Account # - 002-2-426530                                                     Closed             Closed        Closed

AMCV Employee Stock Plan                        0.00              0.00       No -               No -          No -
LaSalle Bank                                                                 Account            Account       Account
Account # - 5800015140                                                       Closed             Closed        Closed

AMCV Insurance                                  0.00              0.00       No -               No -          No -
LaSalle Bank                                                                 Account            Account       Account
Account # - 5800021411                                                       Closed             Closed        Closed

AMCV Medical Benefits                       5,020.40          5,102.86       Yes                No - Not      Yes
Chase (JP Morgan Chase & Co)                                                                    Concentration
Account # - 002-2-426522                                                                        Account

American Classic Voyages Co                     0.00              0.00       No -               No -          No -
Master Cash                                                                  Account            Account       Account
LaSalle Bank                                                                 Closed             Closed        Closed
Account # - 2355464

American Classic Voyages Co                     0.00              0.00       No -               No -          No -
Payroll                                                                      Account            Account       Account
LaSalle Bank                                                                 Closed             Closed        Closed
Account # - 2369368

American Classic Voyages Co                     0.00              0.00       No -               No -          No -
PAC                                                                          Account            Account       Account
LaSalle Bank                                                                 Closed             Closed        Closed
Account # - 2355882

American Classic Voyages Co            34,695,730.63      1,760,963.47       Yes                Yes           Yes
Investment Account
Credit Suisse Asset Management
Account # - 247003452

American Classic Voyages Co                     0.00              0.00       No -               No -          No -
Investment Account                                                           Account            Account       Account
Goldman Sachs & Co.                                                          Closed             Closed        Closed
Account # - 020-53613-2

American Classic Voyages Co                     0.00              0.00       No -               No -          No -
Investment Account                                                           Account            Account       Account
Merrill Lynch                                                                Closed             Closed        Closed
Account # - 318-3271750-7

American Classic Voyages Co                     0.00              0.00       No -               No -          No -
Investment Account                                                           Account            Account       Account
Conifer Securities                                                           Closed             Closed        Closed
Account # - 330-50683 1-8







                                                     Receipts & Disbursements                                        Attachment 2-1
                                                     American Classic Voyages
R&D - Chase - AMCV Med Ben                           Case No: 01-10954 (JCA)                                             UNAUDITED
                                                               Chase
                                                       AMCV Medical Benefits
                                                     Account # - 002-2-426522
                                                      1 July 02 - 31 July 02

                                        
Opening Balance - 1 July 02
                                 5,020.40

Receipts

                                   245.70     From United Healthcare (Reversal)

                                ---------
                                   245.70     Total Receipts

Disbursements

                                  (163.24)    To United Healthcare

                                ---------
                                  (163.24)    Total Disbursements

Closing Balance - 31 July 02
                                 5,102.86







                                                     Receipts & Disbursements                                        Attachment 2-2
                                                     American Classic Voyages
R&D - Credit Suisse Investment Account               Case No: 01-10954 (JCA)                                              UNAUDITED
                                                          Credit Suisse
                                                        Investment Account
                                                       Account # - 247003452
                                                      1 July 02 - 31 July 02

                                              
Opening Balance - 1 July 02
                                 34,695,730.63

Receipts

                                      3,723.44      Interest Earned

                                      --------
                                      3,723.44      Total Receipts

Disbursements

                                (32,038,490.60)     To The Delta Queen Steamboat Company -
                                                    LaSalle Bank - Investment Cash Account (03-9042-30-4)

                                   (900,000.00)     To The Delta Queen Steamboat Company -
                                                    Hibernia - DQ Master Cash Account (812-395-335)

                                      --------
                                (32,938,490.60)     Total Disbursements

Closing Balance - 31 July 02
                                  1,760,963.47





AMCV US SET OF BOOKS                                   Date: 14-AUG-02 16:54:41
INCOME STATEMENT - ATTACHMENT 4                        Page:  1
Current Period: JUL-02

currency USD
Company=10 (AMCV)



                                       PTD-Actual
                                        31-Jul-02
                                       -----------
                                    
Revenue
Gross Revenue                                 0.00
Allowances                                    0.00
                                       -----------
Net Revenue                                   0.00

Operating Expenses
Air                                           0.00
Hotel                                         0.00
Commissions                                   0.00
Onboard Expenses                              0.00
Passenger Expenses                            0.00
Vessel Expenses                               0.00
Layup/Drydock Expense                         0.00
Vessel Insurance                              0.00
                                       -----------
Total Operating Expenses                      0.00

Gross Profit                                  0.00

SG&A Expenses
General and Admin Expenses               14,390.05
Sales & Marketing                             0.00
Start-Up Costs                                0.00
                                       -----------
Total SG&A Expenses                      14,390.05

                                       -----------
EBITDA                                  (14,390.05)

Depreciation                             13,786.61

                                       -----------
Operating Income                        (28,176.66)

Other Expense/(Income)
Interest Income                          (4,940.98)
Interest Expense                         21,390.64
Equity in Earnings for Sub             (176,302.22)
Reorganization expenses                 463,886.75
Other expense                              (550.00)
                                       -----------
Total Other Expense/(Income)            656,088.63

                                       -----------
Net Pretax Income/(Loss)               (684,265.29)

Income Tax Expense                            0.00

                                       -----------
Net Income/(Loss)                      (684,265.29)
                                       ===========





AMCV US SET OF BOOKS                                   Date: 14-AUG-02 17:12:07
BALANCE SHEET - ATTACHMENT 5                           Page:  1
Current Period: JUL-02

currency USD
Company=10 (AMCV)



                                            YTD-Actual             YTD-Actual
                                            31-Jul-02              19-Oct-02
                                         ---------------        ---------------
                                                          
ASSETS

Cash and Equivalent                         1,760,963.47          10,343,248.25

Restricted Cash                                    80.78                   0.00

Marketable Securities                               0.00                 337.15

Accounts Receivable                         3,678,916.74           3,678,916.74

Inventories                                         0.00                   0.00

Prepaid Expenses                               79,453.96                   0.00

Other Current Assets                                0.00                   0.00

                                         ---------------        ---------------
Total Current Assets                        5,519,414.95          14,022,502.14

Fixed Assets                                4,972,716.68           4,979,716.68

Accumulated Depreciation                   (4,630,029.86)         (4,497,369.91)

                                         ---------------        ---------------
Net Fixed Assets                              342,686.82             482,346.77

Net Goodwill                                        0.00              81,420.64

Intercompany Due To/From                  270,513,074.67         265,726,906.60

Net Deferred Financing Fees                 3,208,595.90           3,408,954.89

Net Investment in Subsidiaries           (555,226,677.75)         48,551,297.73

Other Non Current Assets                            0.00             109,986.54

                                         ---------------        ---------------
Total Other Assets                       (281,505,007.18)        317,878,566.40

                                         ---------------        ---------------
Total Assets                             (275,642,905.41)        332,383,415.31
                                         ===============        ===============





AMCV US SET OF BOOKS                                   Date: 14-AUG-02 17:12:07
BALANCE SHEET - ATTACHMENT 5                           Page:  2
Current Period: JUL-02

currency USD
Company=10 (AMCV)



                                               YTD-Actual             YTD-Actual
                                               31-Jul-02              19-Oct-02
                                            ---------------        ---------------
                                                             
LIABILITIES

Accounts Payable                                       0.00                   0.00

Accrued Liabilities                            1,783,392.72           1,089,864.63

Deposits                                               0.00                   0.00

                                            ---------------        ---------------
Total Current Liabilities                      1,783,392.72           1,089,864.63

Long Term Debt                                         0.00                   0.00

Other Long Term Liabilities                   (3,221,982.41)         (3,434,093.96)

                                            ---------------        ---------------
Total Liabilities                             (1,438,589.69)         (2,344,229.33)

Liabilities Subject to Compromise            200,418,510.55         200,418,510.55

OWNER'S EQUITY

Common Stock                                     211,013.08             211,013.08

Add'l Paid In Capital                        204,438,037.35         204,438,037.35

Current Net Income (Loss)                   (605,251,409.70)        (40,694,620.74)

Retained Earnings                            (74,020,467.00)        (29,645,295.60)

                                            ---------------        ---------------
Total Owner's Equity                        (474,622,826.27)        134,309,134.09

                                            ---------------        ---------------
Total Liabilities & Equity                  (275,642,905.41)        332,383,415.31
                                            ===============        ===============








American Classic Voyages Co.                                ATTACHMENT 6                                             01-10954 (JCA)
                                              Summary List of Due To/Due From Accounts
                                                 For the Month Ended July 31, 2002

                                                             BEGINNING                                               ENDING
AFFILIATE NAME                                 CASE NUMBER    BALANCE             DEBITS             CREDITS         BALANCE
                                                                                                   
AMCV Cruise Operations, Inc.                   01-10967     50,176,429.28      32,954,350.65        491,326.84     82,639,453.09
The Delta Queen Steamboat Co.                  01-10970      6,235,723.33                 --         31,052.89      6,204,670.44
DQSB II, Inc.                                  01-10974         22,836.06                 --                --         22,836.06
Great AQ Steamboat, L.L.C                      01-10960    (22,407,920.91)                --            168.00    (22,408,088.91)
Great Pacific NW Cruise Line, L.L.C            01-10977    (15,472,854.20)                --                --    (15,472,854.20)
Great River Cruise Line, L.L.C                 01-10963      6,702,386.55                 --                --      6,702,386.55
Great Ocean Cruise Line, L.L.C                 01-10959    (29,578,514.46)                --                --    (29,578,514.46)
Cruise America Travel, Incorporated            01-10966        103,377.71                 --                --        103,377.71
Delta Queen Coastal Voyages, L.L.C             01-10964        934,299.38                 --                --        934,299.38
Cape Cod Light, L.L.C                          01-10962     (1,670,131.78)                --                --     (1,670,131.78)
Cape May Light, L.L.C                          01-10961       (656,724.33)            350.00                --       (656,374.33)
Project America, Inc.                          N/A         (29,154,390.86)                --                --    (29,154,390.86)
Oceanic Ship Co.                               N/A          41,569,662.42             120.00                --     41,569,782.42
Project America Ship I, Inc.                   N/A           1,793,166.15                 --                --      1,793,166.15
Project America Ship II, Inc.                  N/A          27,241,846.63                 --                --     27,241,846.63
Ocean Development Co.                          01-10972    206,389,119.70                 --                --    206,389,119.70
Great Hawaiian Cruise Line, Inc.               01-10975      3,571,229.75                 --                --      3,571,229.75
Great Hawaiian Properties Corporation          01-10971    (51,110,970.59)                --                --    (51,110,970.59)
American Hawaii Properties Corporation         01-10976      2,484,040.72                 --                --      2,484,040.72
Great Independence Ship Co.                    01-10969     24,948,774.58                 --                --     24,948,774.58
CAT II, Inc.                                   01-10968     15,959,416.62                 --                --     15,959,416.62
                                                           ---------------------------------------------------------------------
                                                           238,080,801.75      32,954,820.65        522,547.73    270,513,074.67
                                                           =====================================================================





                          American Classic Voyages Co.
                                 01-10954 (JCA)

                           Accounts Receivable Aging
                              As of July 31, 2002

                                  Attachment 7

                                 Not Applicable




                          American Classic Voyages Co.
                                 01-10954 (JCA)

                            Accounts Payable Detail
                              As of July 31, 2002

                                  Attachment 8

                                 Not Applicable




DEBTOR: AMERICAN CLASSIC VOYAGES CO.                CASE NUMBER: 01-10954 (JCA)

                      PRELIMINARY MONTHLY OPERATING REPORT
                              AS OF JULY 31, 2002
                                      AND
                            FOR THE MONTH THEN ENDED

                                  ATTACHMENT 9
                     NOTES TO JULY MONTHLY OPERATING REPORT

The information contained herein is unaudited.

Liabilities included in these financial statements reflect amounts known by the
Company to have been incurred. The Company has listed in prior filings with the
United States Trustee potential additional claims it believes may be asserted
against the Company.

To the best of the Debtor's knowledge and belief, based on currently available
information, all Federal income and payroll taxes due and owing have been paid.

1.       Deferred financing costs represent costs incurred in connection with
         placing pre-petition debt instruments. Deferred financing costs are
         being amortized to interest expense over the term of the applicable
         debt instrument.

2.       Other long-term liabilities consists of deferred tax assets and
         liabilities, net. Deferred tax assets and liabilities have been
         recognized for the expected future tax consequences of temporary
         differences between carrying amounts and the tax basis of assets and
         liabilities. The Debtor has not recorded adjustments to these amounts
         pending the outcome of Chapter 11 proceedings.

3.       The Debtor has ceased recording accruals for distributions on its
         Trust Preferred securities. Historically, these accruals for these
         distributions were charged to "interest expense and other financing
         costs."

4.       Accounts Receivable represents pre-petition total hold-backs by
         Paymentech, Inc., the Debtor's credit card processing agent against
         pre-petition customer deposits. Detail for such hold-backs has not
         been received from Paymentech, Inc.

5.       The cash proceeds of $33.8 million from sale of assets by some of the
         Debtors were received on May 31, 2002. The proceeds were transferred
         to the appropriate Debtor, the Delta Queen Steamboat Co.

EX-99.2

                                                                   EXHIBIT 99.2
DEBTOR: GREAT OCEAN CRUISE LINE, L.L.C.            CASE NUMBER:  01-10959 (JCA)

                            MONTHLY OPERATING REPORT
                               AS OF JULY 31, 2002
                                       AND
                            FOR THE MONTH THEN ENDED



In accordance with title 28, section 1746, of the United States Code, I declare
under penalty of perjury that I have examined the attached July Monthly
Operating Report (Attachments 1 through 9) and, to the best of my knowledge,
these documents are true, correct, and complete.



/s/ STEVE MOELLER
- --------------------
Steve Moeller
Director, Accounting




DEBTOR: GREAT OCEAN CRUISE LINE, L.L.C.             CASE NUMBER:  01-10959 (JCA)

                            MONTHLY OPERATING REPORT
                               AS OF JULY 31, 2002
                                       AND
                            FOR THE MONTH THEN ENDED

                                    CONTENTS

                        
Attachment 1               Summary of Bank and Investment Accounts

Attachment 2               Schedule of Receipts and Disbursements

Attachment 3               Bank and Investment Account Statements

Attachment 4               Income Statement

Attachment 5               Balance Sheet

Attachment 6               Summary of Due To/Due From Intercompany Accounts

Attachment 7               Accounts Receivable Aging

Attachment 8               Accounts Payable Detail

Attachment 9               Notes to July Monthly Operating Report









                                    Summary Of Bank, Investment & Petty Cash Accounts                           Attachment 1
                                    -------------------------------------------------
                                            Great Ocean Cruise Line, L.L.C.
                                            -------------------------------
Summary                                         Case No: 01-10959 (JCA)                                           Unaudited
                                                -----------------------
Great Ocean Cruise Line, LLC                    For Month Of July, 2002
                                                -----------------------

                                               Balances
                                    ------------------------------     Receipts &                Bank
                                       Opening          Closing       Disbursements           Statements          Account
Account                             As Of 7/01/02    As Of 7/31/02      Included               Included          Reconciled
- -------                             -------------    -------------    -------------          -------------       ----------
                                                                                                  
Mississippi Queen Steamer             15,600.72        15,105.72             Yes                  No - Not             Yes
Hibernia                                                                                     Concentration
Account # - 812-502-719                                                                            Account

Mississippi Queen                          0.00             0.00         No - No                Not A Bank         No - No
Petty Cash                                                              Activity                   Account        Activity







                                                            Receipts & Disbursements                                Attachment 2
                                                        ------------------------
                                                        Great Ocean Cruise Line, L.L.C.
                                                        -------------------------------
R&D - Hibernia - MQ Steamer                                 Case No: 01-10959 (JCA)                                    Unaudited
                                                            -----------------------
                                                                    Hibernia
                                                                    --------
                                                       Mississippi Queen Steamer Account
                                                       ---------------------------------
                                                             Account # - 812-502-719
                                                             -----------------------
                                                             1 July 02 - 31 July 02
                                                             ----------------------
                                                   
Opening Balance - 1 July 02
- --------------------------
                                15,600.72


Receipts
- --------





                                ---------
                                     0.00             Total Receipts


Disbursements
- -------------





                                ---------
                                     0.00             Total Disbursements (* See Footnote)



Closing Balance - 31 July 02
- ----------------------------
                                15,105.72




         *$495.00 Of Disbursements Not Reflected In Disbursements Above Due To
         Being Reimbursed By Buyer Of Assets At Closing.






                                          Concentration & Investment Account Statements              Attachment 3
                                          ---------------------------------------------
                                                 Great Ocean Cruise Line, L.L.C.
                                                 -------------------------------
Summary                                              Case No: 01-10959 (JCA)
                                                     -----------------------
Great Ocean Cruise Line, LLC                         For Month Of July, 2002
                                                     -----------------------
Attach 3
                                                                                               




          No Statements Due To No Concentration Or Investment Accounts




AMCV US SET OF BOOKS                               Date: 14-AUG-02 16:54:46
INCOME STATEMENT - ATTACHMENT 4                    Page:   1
Current Period: JUL-02


currency USD
Company=21 (MISSISSIPPI QUEEN)
                                                           PTD-Actual
                                                           31-Jul-02
                                                           ----------
                                                        
Revenue
Gross Revenue                                                    0.00
Allowances                                                       0.00
                                                           ----------
Net Revenue                                                      0.00

Operating Expenses
Air                                                              0.00
Hotel                                                            0.00
Commissions                                                      0.00
Onboard Expenses                                                 0.00
Passenger Expenses                                            (375.13)
Vessel Expenses                                                 62.81
Layup/Drydock Expense                                            0.00
Vessel Insurance                                            13,931.34
                                                           ----------
Total Operating Expenses                                    13,619.02

                                                           ----------
Gross Profit                                               (13,619.02)

SG&A Expenses
Sales & Marketing                                                0.00
Start-Up Costs                                                   0.00
                                                           ----------
Total SG&A Expenses                                              0.00

                                                           ----------
EBITDA                                                     (13,619.02)

Depreciation                                                     0.00

                                                           ----------
Operating Income                                           (13,619.02)

Other Expense/(Income)
Interest Income                                                  0.00
Equity in Earnings for Sub                                       0.00
Reorganization expenses                                          0.00
                                                           ----------
Total Other Expense/(Income)                                     0.00

                                                           ----------
Net Pretax Income/(Loss)                                   (13,619.02)

Income Tax Expense                                               0.00

                                                           ----------
Net Income/(Loss)                                          (13,619.02)
                                                           ==========




AMCV US SET OF BOOKS                                   Date: 14-AUG-02 17:03:38
BALANCE SHEET - ATTACHMENT 5                           Page:   1
Current Period: JUL-02



currency USD
Company=21 (MISSISSIPPI QUEEN)
                                                    YTD-Actual            YTD-Actual
                                                    31-Jul-02              22-Oct-02
                                                  -------------         --------------
                                                                  
ASSETS

Cash and Equivalent                                   11,331.72              91,427.94

Restricted Cash                                            0.00                   0.00

Accounts Receivable                                        0.00              61,448.42

Inventories                                                0.00             387,173.50

Prepaid Expenses                                           0.00               9,438.70

Other Current Assets                                       0.00             (14,555.00)

                                                  -------------         --------------
Total Current Assets                                  11,331.72             534,933.56


Fixed Assets                                               0.00          32,530,486.54

Accumulated Depreciation                                   0.00         (22,994,750.57)

                                                  -------------         --------------
Net Fixed Assets                                           0.00           9,535,735.97


Net Goodwill                                               0.00                   0.00

Intercompany Due To/From                          21,746,034.56          19,836,574.32

Net Deferred Financing Fees                                0.00                   0.00

Net Investment in Subsidiaries                             0.00                   0.00

                                                  -------------         --------------
Total Other Assets                                21,746,034.56          19,836,574.32

                                                  -------------         --------------
Total Assets                                      21,757,366.28          29,907,243.85
                                                  =============         ==============





AMCV US SET OF BOOKS                                   Date: 14-AUG-02 17:03:38
BALANCE SHEET - ATTACHMENT 5                           Page:   2
Current Period: JUL-02


currency USD
Company=21 (MISSISSIPPI QUEEN)
                                                    YTD-Actual             YTD-Actual
                                                    31-Jul-02              22-Oct-02
                                                  -------------          -------------
                                                                   
LIABILITIES

Accounts Payable                                       1,826.90               9,423.11

Accrued Liabilities                                    6,471.70             935,232.90

Deposits                                                   0.00                   0.00

                                                  -------------          -------------
Total Current Liabilities                              8,298.60             944,656.01


Long Term Debt                                             0.00                   0.00

Other Long Term Liabilities                                0.00                   0.00

                                                  -------------          -------------
Total Liabilities                                      8,298.60             944,656.01


Liabilities Subject to Compromise                  2,667,587.11           2,827,647.41


OWNER'S EQUITY

Common Stock                                               0.00                   0.00

Add'l Paid In Capital                              4,571,000.00           4,571,000.00

Current Net Income (Loss)                         (6,695,662.15)           (984,131.23)

Retained Earnings                                 21,206,142.72          22,548,071.66

                                                  -------------          -------------
Total Owner's Equity                              19,081,480.57          26,134,940.43

                                                  -------------          -------------
Total Liabilities & Equity                        21,757,366.28          29,907,243.85
                                                  =============          =============







Great Ocean Cruise Line, L.L.C.                        ATTACHMENT 6                                                01-10959 (JCA)
                                          Summary List of Due To/Due From Accounts
                                             Ror the Month Ended July 31, 2002



                                                                 Beginning                                             Ending
Affiliate Name                                Case Number         Balance            Debits         Credits            Balance
- --------------                                -----------     --------------        --------       ---------       --------------
                                                                                                    
American Classic Voyages Co.                   01-10954        29,578,514.46            --              --          29,578,514.46
AMCV Cruise Operations, Inc.                   01-10967       (22,063,759.00)           --         16,528.63       (22,080,287.63)
The Delta Queen Steamboat Co.                  01-10970        17,670,609.52        5,894.15        8,433.34        17,668,070.33
DQSB II, Inc.                                  01-10974              (877.52)           --              --                (877.52)
Great AQ Steamboat, L.L.C                      01-10960            14,507.47            --              --              14,507.47
Great Pacific NW Cruise Line, L.L.C            01-10977            10,219.55            --              --              10,219.55
Great River Cruise Line, L.L.C                 01-10963          (503,950.75)           --              --            (503,950.75)
Cruise America Travel, Incorporated            01-10966        (2,953,907.27)           --              --          (2,953,907.27)
Delta Queen Coastal Voyages, L.L.C             01-10964            85,950.95            --              --              85,950.95
Cape Cod Light, L.L.C                          01-10962             4,980.00            --              --               4,980.00
Cape May Light, L.L.C                          01-10961             1,844.01            --              --               1,844.01
Project America, Inc.                          N/A                 (4,475.20)           --              --              (4,475.20)
Great Hawaiian Cruise Line, Inc.               01-10975           (37,394.43)           --              --             (37,394.43)
Great Hawaiian Properties Corporation          01-10971           (34,964.32)           --              --             (34,964.32)
Great Independence Ship Co.                    01-10969            (2,195.09)           --              --              (2,195.09)
                                                              --------------        --------       ---------       --------------
                                                               21,765,102.38        5,894.15       24,961.97        21,746,034.56
                                                              ==============        ========       =========       ==============





                         Great Ocean Cruise Line, L.L.C.
                                 01-10959 (JCA)




                            Accounts Receivable Aging
                               As of July 31, 2002







                                  Attachment 7


                                 Not Applicable




                                MISSISSIPPI QUEEN
                                AP-STEAMER CHECKS

                               21-000-221300-00000

                                     July-02

Outstanding Checks:
                                           
                          17103 Garrett TV & Appliances                 498.75
                          17104 Marvin Ross                             957.96
                          17165 Jim Coulson-MCI                          50.69
                          17183 S. Baham-Spiegel                         20.00
                          17190 C. Sisson-J. Sisson                     199.50
                          17248 A. Sisson-J. Sisson                     100.00


                                                                      --------
                          Total per G/L:                              1,826.90
                                                                      ========

                          


                          ATTACHMENT #8




DEBTOR: GREAT OCEAN CRUISE LINE, L.L.C.             CASE NUMBER:  01-10959 (JCA)

                      PRELIMINARY MONTHLY OPERATING REPORT
                               AS OF JULY 31, 2002
                                       AND
                            FOR THE MONTH THEN ENDED


                                  ATTACHMENT 9
                     NOTES TO JULY MONTHLY OPERATING REPORT

The information contained herein is unaudited.

Liabilities included in these financial statements reflect amounts known by the
Company to have been incurred. The Company has listed in prior filings with the
United States Trustee potential additional claims it believes may be asserted
against the Company.

To the best of the Debtor's knowledge and belief, based on currently available
information, all Federal income and payroll taxes due and owing have been paid.


1.       The Mississippi Queen resumed voyage sailing on May 7, 2002 (the
         "cut-off date"). Pursuant to the asset purchase agreement dated May 31,
         2002 (the "close date"), the revenue and expenses between the cut-off
         date and the close date accrued to the benefit of the Purchaser. The
         cash disbursements for such expenses are not reflected herein on
         Attachment 2. An accounts receivable for these disbursements has been
         recorded on The Delta Queen Steamboat Co's books due to the Debtors'
         commingled cash management system.

EX-99.3

                                                                   EXHIBIT 99.3

DEBTOR: GREAT AQ STEAMBOAT, L.L.C.                   CASE NUMBER: 01-10960 (JCA)

                            MONTHLY OPERATING REPORT
                              AS OF JULY 31, 2002
                                      AND
                            FOR THE MONTH THEN ENDED

In accordance with title 28, section 1746, of the United States Code, I declare
under penalty of perjury that I have examined the attached July Monthly
Operating Report (Attachments 1 through 9) and, to the best of my knowledge,
these documents are true, correct, and complete.



/s/ STEVE MOELLER
- ----------------------------
Steve Moeller
Director, Accounting




DEBTOR: GREAT AQ STEAMBOAT, L.L.C.                   CASE NUMBER: 01-10960 (JCA)

                            MONTHLY OPERATING REPORT
                              AS OF JULY 31, 2002
                                      AND
                            FOR THE MONTH THEN ENDED

                                    CONTENTS

Attachment 1               Summary of Bank and Investment Accounts

Attachment 2               Schedule of Receipts and Disbursements

Attachment 3               Bank and Investment Account Statements

Attachment 4               Income Statement

Attachment 5               Balance Sheet

Attachment 6               Summary of Due To/Due From Intercompany Accounts

Attachment 7               Accounts Receivable Aging

Attachment 8               Accounts Payable Detail

Attachment 9               Notes to July Monthly Operating Report







                                    Summary Of Bank, Investment & Petty Cash Accounts                                  Attachment 1
                                               Great AQ Steamboat, L.L.C.
Summary                                         Case No: 01-10960 (JCA)                                                   UNAUDITED
Great AQ Steamboat, LLC                         For Month Of July, 2002

                                             Balances
                                  ------------------------------         Receipts &         Bank
                                     Opening          Closing            Disbursements      Statements      Account
Account                           As Of 7/01/02    As Of 7/31/02         Included           Included        Reconciled
- -------                           -------------    -------------         --------           --------        ----------
                                                                                             
American Queen Steamer                     0.00             0.00         No -               No - Not        No -
Hibernia                                                                 No Activity        Concentration   No Activity
Account # - 812-395-343                                                                     Account

American Queen                             0.00             0.00         No -               Not A Bank      No -
Petty Cash                                                               No Activity        Account         No Activity







  20-Jul-02                            Receipts & Disbursements                                     Attachment 2
  3:09 PM                             Great AQ Steamboat, L.L.C.
Summary                                Case No: 01-10960 (JCA)
Great AQ Steamboat, LLC                For Month Of June, 2002
Attach 2
                                                                                              



            No Receipts Or Disbursements Due To All Accounts Closed






                                  Concentration & Investment Account Statements                     Attachment 3
                                          Great AQ Steamboat, L.L.C.
Summary                                    Case No: 01-10960 (JCA)
Great AQ Steamboat, LLC                    For Month Of July, 2002
Attach 3
                                                                                              



          No Statements Due To No Concentration Or Investment Accounts




AMCV US SET OF BOOKS                                  Date: 14-AUG-02 16:54:46
INCOME STATEMENT - ATTACHMENT 4                       Page:  1
Current Period: JUL-02

currency USD
Company=23 (AMERICAN QUEEN)



                                       PTD-Actual
                                       31-Jul-02
                                       ----------
                                    
Revenue
Gross Revenue                                0.00
Allowances                                   0.00
                                       ----------
Net Revenue                                  0.00

Operating Expenses
Air                                          0.00
Hotel                                        0.00
Commissions                                  0.00
Onboard Expenses                             0.00
Passenger Expenses                           0.00
Vessel Expenses                              0.00
Layup/Drydock Expense                        0.00
Vessel Insurance                        22,789.22
                                       ----------
Total Operating Expenses                22,789.22

                                       ----------
Gross Profit                           (22,789.22)

SG&A Expenses
Sales & Marketing                            0.00
Start-Up Costs                               0.00
                                       ----------
Total SG&A Expenses                          0.00

                                       ----------
EBITDA                                 (22,789.22)

Depreciation                                 0.00

                                       ----------
Operating Income                       (22,789.22)

Other Expense/(Income)
Interest Income                              0.00
Equity in Earnings for Sub                   0.00
Reorganization expenses                      0.00
                                       ----------
Total Other Expense/(Income)                 0.00

                                       ----------
Net Pretax Income/(Loss)               (22,789.22)

Income Tax Expense                           0.00

                                       ----------
Net Income/(Loss)                      (22,789.22)
                                       ==========





AMCV US SET OF BOOKS                                   Date: 14-AUG-02 17:03:41
BALANCE SHEET - ATTACHMENT 5                           Page:  1
Current Period: JUL-02

currency USD
Company=23 (AMERICAN QUEEN)



                                          YTD-Actual          YTD-Actual
                                           31-Jul-02           22-Oct-02
                                         -------------       -------------
                                                       
ASSETS

Cash and Equivalent                               0.00           27,915.55

Restricted Cash                                   0.00                0.00

Accounts Receivable                               0.00          100,111.04

Inventories                                       0.00          436,746.94

Prepaid Expenses                                  0.00            1,126.00

Other Current Assets                              0.00          189,129.97

                                         -------------       -------------
Total Current Assets                              0.00          755,029.50

Fixed Assets                                      0.00       76,449,630.83

Accumulated Depreciation                          0.00       (23,703,366.77)

                                         -------------       -------------
Net Fixed Assets                                  0.00       52,746,264.06

Net Goodwill                                      0.00                0.00

Intercompany Due To/From                 33,518,284.84       11,900,053.46

Net Deferred Financing Fees                       0.00          561,110.86

Net Investment in Subsidiaries                    0.00                0.00

                                         -------------       -------------
Total Other Assets                       33,518,284.84       12,461,164.32

                                         -------------       -------------
Total Assets                             33,518,284.84       65,962,457.88
                                         =============       =============





AMCV US SET OF BOOKS                                   Date: 14-AUG-02 17:03:41
BALANCE SHEET - ATTACHMENT 5                           Page:  2
Current Period: JUL-02

currency USD
Company=23 (AMERICAN QUEEN)



                                             YTD-Actual          YTD-Actual
                                              31-Jul-02           22-Oct-02
                                            -------------       -------------
                                                          
LIABILITIES

Accounts Payable                                 1,774.58            5,469.58

Accrued Liabilities                                  0.00          754,127.79

Deposits                                             0.00               25.00

                                            -------------       -------------
Total Current Liabilities                        1,774.58          759,622.37

Long Term Debt                                       0.00                0.00

Other Long Term Liabilities                          0.00                0.00

                                            -------------       -------------
Total Liabilities                                1,774.58          759,622.37

Liabilities Subject to Compromise            2,341,087.01       48,583,115.71

OWNER'S EQUITY

Common Stock                                     1,000.00            1,000.00

Add'l Paid In Capital                        4,060,000.00        4,060,000.00

Current Net Income (Loss)                   14,739,771.95         (493,470.71)

Retained Earnings                           12,374,651.30       13,052,190.51

                                            -------------       -------------
Total Owner's Equity                        31,175,423.25       16,619,719.80

                                            -------------       -------------
Total Liabilities & Equity                  33,518,284.84       65,962,457.88
                                            =============       =============







Great AQ Steamboat, LLC                                         ATTACHMENT 6                                         01-10960 (JCA)
                                                   Summary List of Due To/Due From Accounts
                                                       For the Month Ended July 31, 2002

                                                                BEGINNING                                         ENDING
AFFILIATE NAME                                 CASE NUMBER       BALANCE            DEBITS         CREDITS        BALANCE
                                                                                                
American Classic Voyages Co.                   01-10954       22,407,920.91         168.00               --    22,408,088.91
AMCV Cruise Operations, Inc.                   01-10967       (22,861,057.77)           --         5,581.29   (22,866,639.06)
The Delta Queen Steamboat Co.                  01-10970       38,925,728.55             --        17,375.93    38,908,352.62
DQSB II, Inc.                                  01-10974             (919.60)            --               --          (919.60)
Great Pacific NW Cruise Line, L.L.C            01-10977            5,552.79             --               --         5,552.79
Great River Cruise Line, L.L.C                 01-10963         (168,013.44)            --               --      (168,013.44)
Great Ocean Cruise Line, L.L.C                 01-10959          (14,507.47)            --               --       (14,507.47)
Cruise America Travel, Incorporated            01-10966       (3,165,198.27)            --               --    (3,165,198.27)
Delta Queen Coastal Voyages, L.L.C             01-10964          144,264.37             --               --       144,264.37
Cape Cod Light, L.L.C                          01-10962         (500,000.00)            --               --      (500,000.00)
Cape May Light, L.L.C                          01-10961       (1,640,241.44)            --               --    (1,640,241.44)
Project America, Inc.                          N/A               (15,864.24)            --               --       (15,864.24)
Oceanic Ship Co.                               N/A                (7,408.30)            --               --        (7,408.30)
Project America Ship I, Inc.                   N/A               459,787.19             --               --       459,787.19
Great Hawaiian Properties Corporation          01-10971          (22,591.38)            --               --       (22,591.38)
American Hawaii Properties Corporation         01-10976           (1,496.24)            --               --        (1,496.24)
Great Independence Ship Co.                    01-10969           (4,881.60)            --               --        (4,881.60)
                                                              --------------------------------------------------------------
                                                              33,541,074.06         168.00        22,957.22    33,518,284.84
                                                              ==============================================================





                           Great AQ Steamboat, L.L.C.
                                 01-10960 (JCA)

                           Accounts Receivable Aging
                              As of July 31, 2002

                                  Attachment 7

                                 Not Applicable




                                 AMERICAN QUEEN
                               AP-STEAMER CHECKS
                              23-000-221300-00000

                                    JULY-02

OUTSTANDING CHECKS:

                                                
                            17707 Tashanda Morreno-Amber Hensley                   60.00
                            17732 Peter Levaneur-Sally Ralicki                    100.00
                            17768 Bryant Johnson-Kenshell Lang                     80.00
                            17779 Mark King-Rosa Trumble                          170.00
                            17820 Joe Willett-NARP                                 28.00
                            17827 B. Grisham-AG Edwards                           100.00
                            17828 Mark King                                       340.00
                            17837 Daniel Smith-Anastastia Jones                    75.00
                            17848 J. Hill-Neurosurgical Specialties               117.00
                            17850 E. Newman- R. Ryan                              250.00
                            17851 Louis Ford-SJ Beaulieau                         225.00
                            17852 Jocelyn Beasley-Payoff Voucher                   95.47
                            17853 Ben Vandeven                                     17.18
                            17854 Matt Copeland                                    16.93
                            17863 Julia Hill-Sears                                100.00

                                                                               ---------
                            Total per G/L:                                      1,774.58
                                                                               =========

                            ATTACHMENT # 8

                            




DEBTOR: GREAT AQ STEAMBOAT, L.L.C.                   CASE NUMBER: 01-10960 (JCA)

                      PRELIMINARY MONTHLY OPERATING REPORT
                              AS OF JULY 31, 2002
                                      AND
                            FOR THE MONTH THEN ENDED

                                  ATTACHMENT 9
                     NOTES TO JULY MONTHLY OPERATING REPORT

The information contained herein is unaudited.

Liabilities included in these financial statements reflect amounts known by the
Company to have been incurred. The Company has listed in prior filings with the
United States Trustee potential additional claims it believes may be asserted
against the Company.

To the best of the Debtor's knowledge and belief, based on currently available
information, all Federal income and payroll taxes due and owing have been paid.

EX-99.4

                                                                   EXHIBIT 99.4

DEBTOR: CAPE MAY LIGHT, L.L.C.                       CASE NUMBER: 01-10961 (JCA)

                            MONTHLY OPERATING REPORT
                              AS OF JULY 31, 2002
                                      AND
                            FOR THE MONTH THEN ENDED

In accordance with title 28, section 1746, of the United States Code, I declare
under penalty of perjury that I have examined the attached July Monthly
Operating Report (Attachments 1 through 9) and, to the best of my knowledge,
these documents are true, correct, and complete.



/s/ STEVE MOELLER
- --------------------------------
Steve Moeller
Director, Accounting




DEBTOR: CAPE MAY LIGHT, L.L.C.                       CASE NUMBER: 01-10961 (JCA)

                            MONTHLY OPERATING REPORT
                              AS OF JULY 31, 2002
                                      AND
                            FOR THE MONTH THEN ENDED

                                    CONTENTS

Attachment 1               Summary of Bank and Investment Accounts

Attachment 2               Schedule of Receipts and Disbursements

Attachment 3               Bank and Investment Account Statements

Attachment 4               Income Statement

Attachment 5               Balance Sheet

Attachment 6               Summary of Due To/Due From Intercompany Accounts

Attachment 7               Accounts Receivable Aging

Attachment 8               Accounts Payable Detail

Attachment 9               Notes to July Monthly Operating Report






                                           Summary Of Bank, Investment & Petty Cash Accounts                           Attachment 1
                                                       Cape May Light, L.L.C.
Summary                                                Case No: 01-10961 (JCA)                                            UNAUDITED
Cape May Light, LLC                                    For Month Of July, 2002

                                                  Balances
                                       ------------------------------     Receipts &              Bank
                                          Opening          Closing        Disbursements           Statements          Account
Account                                As Of 7/01/02    As Of 7/31/02     Included                Included            Reconciled
- -------                                -------------    -------------     --------                --------            ----------
                                                                                                       
American Classic Voyages Co.                    0.00             0.00     No -                    No -                No -
Bank of America                                                           Account                 Account             Account
Account # - 0030 6982 7205                                                Closed                  Closed              Closed

Cape May Light Escrow                           0.00             0.00     No - Amount Was         No - Account Is     No
US Dept of Transportation                                                 Offset Against          Under Control
Maritime Administration                                                   Debt To Maritime        Of Maritime
                                                                          Administration          Administration -
                                                                                                  No Statements

American Classic Voyages Co.                    0.00             0.00     No -                    No -                No -
Bank of America                                                           Account                 Account             Account
Account # - 0041 6103 2379                                                Closed                  Closed              Closed

Cape May Light                                  0.00             0.00     No -                    No - Not            No -
Petty Cash                                                                No Activity             A Bank              No Activity
                                                                                                  Account







                                Receipts & Disbursements                                            Attachment 2
                                Cape May Light, L.L.C.
Summary                         Case No: 01-10961 (JCA)
Cape May Light, LLC             For Month Of July, 2002
Attach 2
                                                                                              



  No Receipts Or Disbursements Due To No Bank Activity Or Investment Accounts






                                  Concentration & Investment Account Statements                     Attachment 3
                                             Cape May Light, L.L.C.
Summary                                      Case No: 01-10961 (JCA)
Cape May Light, LLC                          For Month Of July, 2002
Attach 3
                                                                                              



          No Statements Due To No Concentration Or Investment Accounts




AMCV US SET OF BOOKS                                   Date: 14-AUG-02 16:54:52
INCOME STATEMENT - ATTACHMENT 4                        Page:  1
Current Period: JUL-02

currency USD
Company=31 (CAPE MAY LIGHT)



                                       PTD-Actual
                                       31-Jul-02
                                       ----------
                                    
Revenue
Gross Revenue                               0.00
Allowances                                  0.00
                                       ---------
Net Revenue                                 0.00

Operating Expenses
Air                                         0.00
Hotel                                       0.00
Commissions                                 0.00
Onboard Expenses                            0.00
Passenger Expenses                          0.00
Vessel Expenses                             0.00
Layup/Drydock Expense                       0.00
Vessel Insurance                        2,679.52
                                       ---------
Total Operating Expenses                2,679.52

                                       ---------
Gross Profit                           (2,679.52)

SG&A Expenses
Sales & Marketing                           0.00
Start-Up Costs                              0.00
                                       ---------
Total SG&A Expenses                         0.00

                                       ---------
EBITDA                                 (2,679.52)

Depreciation                                0.00

                                       ---------
Operating Income                       (2,679.52)

Other Expense/(Income)
Interest Income                             0.00
Equity in Earnings for Sub                  0.00
Reorganization expenses                     0.00
                                       ---------
Total Other Expense/(Income)                0.00

                                       ---------
Net Pretax Income/(Loss)               (2,679.52)

Income Tax Expense                          0.00

                                       ---------
Net Income/(Loss)                      (2,679.52)
                                       =========





AMCV US SET OF BOOKS                                   Date: 14-AUG-02 17:03:45
BALANCE SHEET - ATTACHMENT 5                           Page:  1
Current Period: JUL-02

currency USD
Company=31 (CAPE MAY LIGHT)



                                           YTD-Actual           YTD-Actual
                                           31-Jul-02            22-Oct-02
                                         -------------        -------------
                                                        
ASSETS

Cash and Equivalent                               0.00            29,003.54

Restricted Cash                                   0.00           785,839.00

Accounts Receivable                               0.00            15,651.15

Inventories                                       0.00           750,424.74

Prepaid Expenses                                  0.00            71,343.83

Other Current Assets                              0.00                 0.00

                                         -------------        -------------
Total Current Assets                              0.00         1,652,262.26

Fixed Assets                                      0.00        42,033,338.72

Accumulated Depreciation                          0.00          (550,825.00)

                                         -------------        -------------
Net Fixed Assets                                  0.00        41,482,513.72

Net Goodwill                                      0.00                 0.00

Intercompany Due To/From                 (12,523,737.74)      (12,278,102.19)

Net Deferred Financing Fees                       0.00         2,559,333.82

Net Investment in Subsidiaries                    0.00                 0.00

                                         -------------        -------------
Total Other Assets                       (12,523,737.74)      (9,718,768.37)

                                         -------------        -------------
Total Assets                             (12,523,737.74)      33,416,007.61
                                         =============        =============





AMCV US SET OF BOOKS                                   Date: 14-AUG-02 17:03:45
BALANCE SHEET - ATTACHMENT 5                           Page:  2
Current Period: JUL-02

currency USD
Company=31 (CAPE MAY LIGHT)



                                              YTD-Actual           YTD-Actual
                                              31-Jul-02            22-Oct-02
                                            -------------        -------------
                                                           
LIABILITIES

Accounts Payable                                   310.00            18,286.96

Accrued Liabilities                                  0.00           454,710.16

Deposits                                             0.00                 0.00

                                            -------------        -------------
Total Current Liabilities                          310.00           472,997.12

Long Term Debt                                       0.00                 0.00

Other Long Term Liabilities                          0.00                 0.00

                                            -------------        -------------
Total Liabilities                                  310.00           472,997.12

Liabilities Subject to Compromise           39,141,915.81        39,937,580.57

OWNER'S EQUITY

Common Stock                                         0.00                 0.00

Add'l Paid In Capital                                0.00                 0.00

Current Net Income (Loss)                  (44,575,882.57)       (2,857,115.19)

Retained Earnings                           (7,090,080.98)       (4,137,454.89)

                                            -------------        -------------
Total Owner's Equity                       (51,665,963.55)       (6,994,570.08)

                                            -------------        -------------
Total Liabilities & Equity                 (12,523,737.74)       33,416,007.61
                                            =============        =============







                                                               BEGINNING                                          ENDING
AFFILIATE NAME                                 CASE NUMBER      BALANCE               DEBITS       CREDITS        BALANCE
                                                                                                
American Classic Voyages Co.                   01-10954          656,724.33             --           350.00        656,374.33
AMCV Cruise Operations, Inc.                   01-10967       (8,124,903.59)            --         2,329.52     (8,127,233.11)
The Delta Queen Steamboat Co.                  01-10970        8,431,118.53             --               --      8,431,118.53
DQSB II, Inc.                                  01-10974              (82.74)            --               --            (82.74)
Great AQ Steamboat, L.L.C                      01-10960        1,640,241.44             --               --      1,640,241.44
Great Pacific NW Cruise Line, L.L.C            01-10977           (5,380.67)            --               --         (5,380.67)
Great River Cruise Line, L.L.C                 01-10963          (33,543.95)            --               --        (33,543.95)
Great Ocean Cruise Line, L.L.C                 01-10959           (1,844.01)            --               --         (1,844.01)
Cruise America Travel, Incorporated            01-10966       (1,054,561.24)            --               --     (1,054,561.24)
Delta Queen Coastal Voyages, L.L.C             01-10964          217,385.53             --               --        217,385.53
Cape Cod Light, L.L.C                          01-10962           (8,675.31)            --               --         (8,675.31)
Project America, Inc.                          N/A               (57,268.50)            --               --        (57,268.50)
Oceanic Ship Co.                               N/A                13,839.73             --               --         13,839.73
Project America Ship II, Inc.                  N/A               412,316.64             --               --        412,316.64
Ocean Development Co.                          01-10972      (14,604,239.22)            --               --    (14,604,239.22)
Great Hawaiian Cruise Line, Inc.               01-10975           (8,411.75)            --               --         (8,411.75)
Great Hawaiian Properties Corporation          01-10971            4,188.00             --               --          4,188.00
CAT II, Inc.                                   01-10968            2,038.56             --               --          2,038.56
                                                             ----------------------------------------------------------------
                                                             (12,521,058.22)            --         2,679.52    (12,523,737.74)
                                                             ================================================================





                             Cape May Light, L.L.C.
                                 01-10961 (JCA)

                           Accounts Receivable Aging
                              As of July 31, 2002

                                  Attachment 7

                                 Not Applicable




                                 CAPE MAY LIGHT
                               AP-STEAMER CHECKS

                              31-000-221300-00000

                                    JULY-02

                                                                       
OUTSTANDING CHECKS:
                            1091 Multi-Marques                                50.00
                            1162 K. McKnight-McRae's                         100.00
                            1166 K. McKnight-Gordon's                        100.00
                            1192 Donald Vivier-Capitol One                    40.00
                            1195 Donald Vivier-Retailer Nat. Bank             20.00

                                                                             ------
                            Total per G/L:                                   310.00
                                                                             ======

                            ATTACHMENT # 8






DEBTOR: CAPE MAY LIGHT, L.L.C.                       CASE NUMBER: 01-10961 (JCA)

                      PRELIMINARY MONTHLY OPERATING REPORT
                              AS OF JULY 31, 2002
                                      AND
                            FOR THE MONTH THEN ENDED

                                  ATTACHMENT 9
                     NOTES TO JULY MONTHLY OPERATING REPORT


The information contained herein is unaudited.

Liabilities included in these financial statements reflect amounts known by the
Company to have been incurred. The Company has listed in prior filings with the
United States Trustee potential additional claims it believes may be asserted
against the Company.

To the best of the Debtor's knowledge and belief, based on currently available
information, all Federal income and payroll taxes due and owing have been paid.

EX-99.5

                                                                   EXHIBIT 99.5

DEBTOR: CAPE COD LIGHT, L.L.C.                       CASE NUMBER: 01-10962 (JCA)

                            MONTHLY OPERATING REPORT
                              AS OF JULY 31, 2002
                                      AND
                            FOR THE MONTH THEN ENDED

In accordance with title 28, section 1746, of the United States Code, I declare
under penalty of perjury that Cape Cod Light, L.L.C. was inactive for the above
referenced period and, to the best of my knowledge, the foregoing is true and
correct.



/s/ STEVE MOELLER
- -------------------------------
Steve Moeller
Director, Accounting

EX-99.6

                                                                   EXHIBIT 99.6

DEBTOR: GREAT RIVER CRUISE LINE, L.L.C.            CASE NUMBER:  01-10963 (JCA)

                            MONTHLY OPERATING REPORT
                               AS OF JULY 31, 2002
                                       AND
                            FOR THE MONTH THEN ENDED



In accordance with title 28, section 1746, of the United States Code, I declare
under penalty of perjury that I have examined the attached July Monthly
Operating Report (Attachments 1 through 9) and, to the best of my knowledge,
these documents are true, correct, and complete.



/s/ STEVE MOELLER
 -------------------
Steve Moeller
Director, Accounting




DEBTOR: GREAT RIVER CRUISE LINE, L.L.C.             CASE NUMBER: 01-10963 (JCA)

                            MONTHLY OPERATING REPORT
                               AS OF JULY 31, 2002
                                       AND
                            FOR THE MONTH THEN ENDED


                                    CONTENTS

                 
Attachment 1        Summary of Bank and Investment Accounts

Attachment 2        Schedule of Receipts and Disbursements

Attachment 3        Bank and Investment Account Statements

Attachment 4        Income Statement

Attachment 5        Balance Sheet

Attachment 6        Summary of Due To/Due From Intercompany Accounts

Attachment 7        Accounts Receivable Aging

Attachment 8        Accounts Payable Detail

Attachment 9        Notes to July Monthly Operating Report








                                    Summary Of Bank, Investment & Petty Cash Accounts                        Attachment 1
                                    -------------------------------------------------
                                            Great River Cruise Line, L.L.C.
                                            -------------------------------
Summary                                         Case No: 01-10963 (JCA)                                         UNAUDITED
                                                -----------------------
Great River Cruise Line, LLC                    For Month Of July, 2002
                                                -----------------------
                                               Balances
                                    ------------------------------     Receipts &                   Bank
                                       Opening         Closing         Disbursements             Statements        Account
Account                             As Of 7/01/02    As Of 7/31/02       Included                 Included        Reconciled
- -------                             -------------    -------------     -------------            -------------     ----------
                                                                                                   
Delta Queen Steamer                   11,195.31        9,348.66                 Yes                  No - Not        Yes
Hibernia                                                                                        Concentration
Account # - 812-395-270                                                                               Account

Delta Queen                                0.00            0.00                No -                Not A Bank         No
Petty Cash                                                              No Activity                   Account







                                                                         Receipts & Disbursements                    Attachment 2
                                                                         ------------------------
                                                                      Great River Cruise Line, L.L.C.
                                                                      -------------------------------
R&D - Hibernia - DQ Steamer                                              Case No: 01-10963 (JCA)                        UNAUDITED
                                                                         -----------------------
                                                                                 Hibernia
                                                                                 --------
                                                                           Delta Queen Steamer
                                                                           -------------------
                                                                         Account # - 812-395-270
                                                                         -----------------------
                                                                           1 Jul 02 - 31 Jul 02
                                                                           --------------------
                                                          
Opening Balance - 1 Jul 02
                                      11,195.31

Receipts





                                           0.00                 Total Receipts


Disbursements

                                                                To The Delta Queen Steamboat Co. -
                                                                Hibernia - DQ Payroll Account (812-395-289)
                                                                Lay-Up - Waste Removal
                                                                Crew Maintenance (P&I)
                                                                Crew Pay-Off - Start-Up





                                           0.00                 Total Disbursements (* See Footnote)


Closing Balance - 31 Jul 02
                                      9,348.66


         *$1,846.65 Of Disbursements Not Reflected In Disbursements Above Due
         To Being Reimbursed By Buyer Of Assets At Closing.





                                                          Concentration & Investment Account Statements               Attachment 3
                                                          ---------------------------------------------
                                                                 Great River Cruise Line, L.L.C.
Summary                                                              Case No: 01-10963 (JCA)
                                                                     -----------------------
Great River Cruise Line, LLC                                         For Month Of July, 2002
                                                                     -----------------------
Attach 3
                                                       



         No Statements Due To No Concentration Or Investment Accounts




AMCV US SET OF BOOKS                    Date: 14-AUG-02 16:54:52
INCOME STATEMENT - ATTACHMENT 4         Page:   1
Current Period: JUL-02



currency USD
Company=22 (DELTA QUEEN)
                                        PTD-Actual
                                        31-Jul-02
                                        ----------
                                     
Revenue
Gross Revenue                                 0.00
Allowances                                    0.00
                                        ----------
Net Revenue                                   0.00

Operating Expenses
Air                                           0.00
Hotel                                         0.00
Commissions                                   0.00
Onboard Expenses                              0.00
Passenger Expenses                            0.00
Vessel Expenses                               0.00
Layup/Drydock Expense                         0.00
Vessel Insurance                         25,138.91
                                        ----------
Total Operating Expenses                 25,138.91

                                        ----------
Gross Profit                            (25,138.91)

SG&A Expenses
Sales & Marketing                             0.00
Start-Up Costs                                0.00
                                        ----------
Total SG&A Expenses                           0.00

                                        ----------
EBITDA                                  (25,138.91)

Depreciation                                  0.00

                                        ----------
Operating Income                        (25,138.91)

Other Expense/(Income)
Interest Income                               0.00
Equity in Earnings for Sub                    0.00
Reorganization expenses                       0.00
                                        ----------
Total Other Expense/(Income)                  0.00

                                        ----------
Net Pretax Income/(Loss)                (25,138.91)

Income Tax Expense                            0.00

                                        ----------
Net Income/(Loss)                       (25,138.91)
                                        ==========





AMCV US SET OF BOOKS                                   Date: 14-AUG-02 17:03:49
BALANCE SHEET - ATTACHMENT                             Page: 1
Current Period: JUL-02



currency USD
Company=22 (DELTA QUEEN)
                                        YTD-Actual            YTD-Actual
                                        31-Jul-02             22-Oct-02
                                      -------------         -------------
                                                       
ASSETS

Cash and Equivalent                        8,334.95             64,522.98

Restricted Cash                                0.00                  0.00

Accounts Receivable                          500.00             33,451.42

Inventories                                    0.00            270,331.59

Prepaid Expenses                               0.00             37,922.40

Other Current Assets                           0.00             14,555.00

                                      -------------         -------------
Total Current Assets                       8,834.95            420,783.39


Fixed Assets                                   0.00         27,296,694.44

Accumulated Depreciation                       0.00         (15,065,339.51)

                                      -------------         -------------
Net Fixed Assets                               0.00         12,231,354.93


Net Goodwill                                   0.00                  0.00

Intercompany Due To/From              (6,364,192.77)        (9,202,583.95)

Net Deferred Financing Fees                    0.00                  0.00

Net Investment in Subsidiaries                 0.00                  0.00

                                      -------------         -------------
Total Other Assets                    (6,364,192.77)        (9,202,583.95)

                                      -------------         -------------
Total Assets                          (6,355,357.82)         3,449,554.37
                                      =============         =============





AMCV US SET OF BOOKS                                   Date: 14-AUG-02 17:03:49
BALANCE SHEET - ATTACHMENT 5                           Page: 2
Current Period: JUL-02



currency USD
Company=22 (DELTA QUEEN)
                                        YTD-Actual            YTD-Actual
                                        31-Jul-02             22-Oct-02
                                      -------------         -------------
                                                       
LIABILITIES

Accounts Payable                             689.27              5,758.93

Accrued Liabilities                            0.00            715,443.75

Deposits                                       0.00          2,045,629.83

                                      -------------         -------------
Total Current Liabilities                    689.27          2,766,832.51


Long Term Debt                                 0.00                  0.00

Other Long Term Liabilities                    0.00                  0.00

                                      -------------         -------------
Total Liabilities                            689.27          2,766,832.51


Liabilities Subject to Compromise        540,730.95            490,370.44


OWNER'S EQUITY

Common Stock                                   0.00                  0.00

Add'l Paid In Capital                  3,701,000.00          3,701,000.00

Current Net Income (Loss)             (7,511,799.59)        (2,206,220.03)

Retained Earnings                     (3,085,978.45)        (1,302,428.55)

                                      -------------         -------------
Total Owner's Equity                  (6,896,778.04)           192,351.42

                                      -------------         -------------
Total Liabilities & Equity            (6,355,357.82)         3,449,554.37
                                      =============         =============







GREAT RIVER CRUISE LINE, L.L.C.                     ATTACHMENT 6                                              01-10963 (JCA)
                                       Summary List of Due To/Due From Accounts
                                           For the Month Ended July 31, 2002

                                                              BEGINNING                                           ENDING
AFFILIATE NAME                             CASE NUMBER         BALANCE           DEBITS         CREDITS           BALANCE
- --------------                             -----------      -------------        ------        ---------       -------------
                                                                                                
American Classic Voyages Co.                 01-10954       (6,702,386.55)         --               --         (6,702,386.55)
AMCV Cruise Operations, Inc.                 01-10967       (9,445,920.46)         --          17,274.22       (9,463,194.68)
The Delta Queen Steamboat Co.                01-10970       10,542,163.90        468.65         8,333.34       10,534,299.21
DQSB II, Inc.                                01-10974             (367.05)         --               --               (367.05)
Great AQ Steamboat, L.L.C                    01-10960          168,013.44          --               --            168,013.44
Great Pacific NW Cruise Line, L.L.C          01-10977            4,812.08          --               --              4,812.08
Great Ocean Cruise Line, L.L.C               01-10959          503,950.75          --               --            503,950.75
Cruise America Travel, Incorporated          01-10966       (1,419,142.24)         --               --         (1,419,142.24)
Delta Queen Coastal Voyages, L.L.C           01-10964           18,978.71          --               --             18,978.71
Cape Cod Light, L.L.C                        01-10962             (270.05)         --               --               (270.05)
Cape May Light, L.L.C                        01-10961           33,543.95          --               --             33,543.95
Project America, Inc.                             N/A          (11,144.65)         --               --            (11,144.65)
Oceanic Ship Co.                                  N/A             (257.75)         --               --               (257.75)
Great Hawaiian Cruise Line, Inc.             01-10975              (60.73)         --               --                (60.73)
Great Hawaiian Properties Corporation        01-10971          (41,555.00)         --               --            (41,555.00)
American Hawaii Properties Corporation       01-10976            9,562.38          --               --              9,562.38
CAT II, Inc.                                 01-10968            1,025.41          --               --              1,025.41
                                                            -------------        ------        ---------       -------------
                                                            (6,339,053.86)       468.65        25,607.56       (6,364,192.77)
                                                            =============        ======        =========       =============





GREAT RIVER CRUISE LINE, L.L.C.                           CASE#: 01-10963 (JCA)


ACCOUNTS RECEIVABLE RECONCILIATION AND AGING




DETAIL:                                        0-30 DAYS       31-60 DAYS      61-90 DAYS       91+ DAYS        TOTAL
- -------                                        ---------       ----------      ----------       --------        ------
                                                                                                 
Paymentech Credit Card Processor                                                                   0.00           0.00
American Express Credit Card Processor                                                                            0.00
Discover Credit Card Processor                                                                                    0.00
Diners Credit Card Processor                                                                                      0.00
Travel Agents                                                                                                     0.00
Crew Member                                                                                      500.00         500.00
                                               ---------       ----------      ----------       --------        ------
Total                                            0.00             0.00            0.00           500.00         500.00
                                               =========       ==========      ==========       ========        ======






                                                               ATTACHMENT # 7




                                   DELTA QUEEN
                                AP-STEAMER CHECKS
                               22-000-221300-00000

                                     JULY-02


OUTSTANDING CHECKS:
                                                                      
                               12333 M. Richardson-Walmart                40.00
                               12335 J. Blasier-Capitol One               20.00
                               12385 J. Blasier-K. Hansen                150.00
                               12399 Peoria Historical Society           120.00
                               12404 Anthony May-Verizon                 200.00
                               12408 Peoria Historical Society           160.00
                                                                         ------
                               Total per G/L:                            690.00
                                                                         ======




                                             ATTACHMENT # 8




DEBTOR: GREAT RIVER CRUISE LINE, L.L.C.             CASE NUMBER: 01-10963 (JCA)

                      PRELIMINARY MONTHLY OPERATING REPORT
                              AS OF JULY 31, 2002
                                      AND
                            FOR THE MONTH THEN ENDED

                                  ATTACHMENT 9
                     NOTES TO JULY MONTHLY OPERATING REPORT


The information contained herein is unaudited.

Liabilities included in these financial statements reflect amounts known by the
Company to have been incurred. The Company has listed in prior filings with the
United States Trustee potential additional claims it believes may be asserted
against the Company.

To the best of the Debtor's knowledge and belief, based on currently available
information, all Federal income and payroll taxes due and owing have been paid.


1.       The Mississippi Queen, owned by the related debtor Great Ocean Cruise
         Line, LLC ("Great Ocean"), resumed voyage sailing on May 7, 2002 (the
         "cut-off date"). Pursuant to the asset purchase agreement dated May 31,
         2002 (the "close date"), the revenue and expenses between the cut-off
         date and the close date accrued to the benefit of the Purchaser. The
         cash disbursements for such expenses, made on behalf of Great Ocean as
         part of the Debtors' commingled cash system, are not reflected herein
         on Attachment 2. An accounts receivable for these disbursements has
         been recorded on The Delta Queen Steamboat Co's books. due to the
         Debtors' commingled cash management system.

EX-99.7

                                                                   EXHIBIT 99.7

DEBTOR: DELTA QUEEN COASTAL VOYAGES, L.L.C.         CASE NUMBER:  01-10964 (JCA)

                            MONTHLY OPERATING REPORT
                               AS OF JULY 31, 2002
                                       AND
                            FOR THE MONTH THEN ENDED



In accordance with title 28, section 1746, of the United States Code, I declare
under penalty of perjury that I have examined the attached July Monthly
Operating Report (Attachments 1 through 9) and, to the best of my knowledge,
these documents are true, correct, and complete.



/s/ STEVE MOELLER
- --------------------
Steve Moeller
Director, Accounting




DEBTOR: DELTA QUEEN COASTAL VOYAGES, L.L.C.         CASE NUMBER:  01-10964 (JCA)

                            MONTHLY OPERATING REPORT
                               AS OF JULY 31, 2002
                                       AND
                            FOR THE MONTH THEN ENDED


                                    CONTENTS

                          
Attachment 1                 Summary of Bank and Investment Accounts

Attachment 2                 Schedule of Receipts and Disbursements

Attachment 3                 Bank and Investment Account Statements

Attachment 4                 Income Statement

Attachment 5                 Balance Sheet

Attachment 6                 Summary of Due To/Due From Intercompany Accounts

Attachment 7                 Accounts Receivable Aging

Attachment 8                 Accounts Payable Detail

Attachment 9                 Notes to July Monthly Operating Report









                                      Summary Of Bank And Investment Accounts                 Attachment 1
                                      ---------------------------------------
                                        Delta Queen Coastal Voyages, L.L.C.
                                        -----------------------------------
Summary                                       Case No: 01-10964 (JCA)                            UNAUDITED
                                              -----------------------
Delta Queen Coastal Voyages, LLC              For Month Of July, 2002
                                              -----------------------

                                              Balances
                                    ----------------------------    Receipts &       Bank
                                       Opening        Closing      Disbursements  Statements      Account
Account                             As Of 7/01/02  As Of 7/31/02     Included      Included     Reconciled
- -------                             -------------  -------------   -------------  ----------    ----------
                                                                                 
No Bank Or Investment                     NA            NA              NA            NA            NA
Accounts






                                                            Receipts & Disbursements                        Attachment 2
                                                            ------------------------
                                                       Delta Queen Coastal Voyages, L.L.C.
                                                       -----------------------------------
Summary                                                      Case No: 01-10964 (JCA)
                                                             -----------------------
Delta Queen Coastal Voyages, LLC                             For Month Of July, 2002
                                                             -----------------------
Attach 2
                                                    




       No Receipts Or Disbursements Due To No Bank Or Investment Accounts




                                                  Concentration & Investment Account Statements             Attachment 3
                                                  ---------------------------------------------
                                                       Delta Queen Coastal Voyages, L.L.C.
                                                       -----------------------------------
Summary                                                      Case No: 01-10964 (JCA)
                                                             -----------------------
Delta Queen Coastal Voyages, LLC                             For Month Of July, 2002
                                                             -----------------------
Attach 3
                                               




          No Statements Due To No Concentration Or Investment Accounts




AMCV US SET OF BOOKS                           Date: 14-AUG-02 16:54:53
INCOME STATEMENT - ATTACHMENT 4                Page: 1
Current Period: JUL-02



currency USD
Company=30 (DELTA QUEEN COAST VOY)
                                               PTD-Actual
                                               31-Jul-02
                                               ---------
                                            
Revenue
Gross Revenue                                       0.00
Allowances                                          0.00
                                               ---------
Net Revenue                                         0.00

Operating Expenses
Air                                                 0.00
Hotel                                               0.00
Commissions                                         0.00
Onboard Expenses                                    0.00
Passenger Expenses                                  0.00
Vessel Expenses                                     0.00
Layup/Drydock Expense                               0.00
Vessel Insurance                                    0.00
                                               ---------
Total Operating Expenses                            0.00

                                               ---------
Gross Profit                                        0.00

SG&A Expenses
Sales & Marketing                                   0.00
Start-Up Costs                                      0.00
                                               ---------
Total SG&A Expenses                                 0.00

                                               ---------
EBITDA                                              0.00

Depreciation                                        0.00

                                               ---------
Operating Income                                    0.00

Other Expense/(Income)
Interest Income                                     0.00
Equity in Earnings for Sub                     (2,652.71)
Reorganization expenses                             0.00
                                               ---------
Total Other Expense/(Income)                    2,652.71

                                               ---------
Net Pretax Income/(Loss)                       (2,652.71)

Income Tax Expense                                  0.00

                                               ---------
Net Income/(Loss)                              (2,652.71)
                                               =========





AMCV US SET OF BOOKS                                  Date: 14-AUG-02 17:03:51
BALANCE SHEET - ATTACHMENT 5                          Page: 1
Current Period: JUL-02



currency USD
Company=30 (DELTA QUEEN COAST VOY)
                                                  YTD-Actual             YTD-Actual
                                                  31-Jul-02              22-Oct-02
                                                --------------         --------------
                                                                 
ASSETS

Cash and Equivalent                                       0.00                   0.00

Restricted Cash                                           0.00                   0.00

Accounts Receivable                                       0.00                   0.00

Inventories                                               0.00                   0.00

Prepaid Expenses                                          0.00                   0.00

Other Current Assets                                      0.00                   0.00

                                                --------------         --------------
Total Current Assets                                      0.00                   0.00


Fixed Assets                                              0.00                   0.00

Accumulated Depreciation                                  0.00                   0.00

                                                --------------         --------------
Net Fixed Assets                                          0.00                   0.00


Net Goodwill                                              0.00                   0.00

Intercompany Due To/From                           (412,107.06)           (411,482.06)

Net Deferred Financing Fees                               0.00                   0.00

Net Investment in Subsidiaries                  (95,930,719.10)        (12,652,491.22)

                                                --------------         --------------
Total Other Assets                              (96,342,826.16)        (13,063,973.28)

                                                --------------         --------------
Total Assets                                    (96,342,826.16)        (13,063,973.28)
                                                ==============         ==============





AMCV US SET OF BOOKS                                   Date: 14-AUG-02 17:03:51
BALANCE SHEET - ATTACHMENT 5                           Page: 2
Current Period: JUL-02



currency USD
Company=30 (DELTA QUEEN COAST VOY)
                                                  YTD-Actual             YTD-Actual
                                                  31-Jul-02              22-Oct-02
                                                --------------         --------------
                                                                 
LIABILITIES

Accounts Payable                                          0.00                   0.00

Accrued Liabilities                                       0.00                   0.00

Deposits                                                  0.00                   0.00

                                                --------------         --------------
Total Current Liabilities                                 0.00                   0.00


Long Term Debt                                            0.00                   0.00

Other Long Term Liabilities                      (2,896,625.10)         (2,896,625.10)

                                                --------------         --------------
Total Liabilities                                (2,896,625.10)         (2,896,625.10)


Liabilities Subject to Compromise                         0.00                   0.00


OWNER'S EQUITY

Common Stock                                              0.00                   0.00

Add'l Paid In Capital                                     0.00                   0.00

Current Net Income (Loss)                       (82,584,556.77)         (6,703,754.04)

Retained Earnings                               (10,861,644.29)         (3,463,594.14)

                                                --------------         --------------
Total Owner's Equity                            (93,446,201.06)        (10,167,348.18)

                                                --------------         --------------
Total Liabilities & Equity                      (96,342,826.16)        (13,063,973.28)
                                                ==============         ==============







Delta Queen Coastal Voyages, L.L.C.                    ATTACHMENT 6                                          01-10964 (JCA)
                                         Summary List of Due To/Due From Accounts
                                            For the Month Ended July 31, 2002

                                                                 BEGINNING                                      ENDING
AFFILIATE NAME                                CASE NUMBER         BALANCE         DEBITS       CREDITS         BALANCE
- --------------                                -----------       -----------       ------       -------       -----------
                                                                                              
American Classic Voyages Co.                    01-10954        (934,299.38)        --           --          (934,299.38)
AMCV Cruise Operations, Inc.                    01-10967         190,721.38         --           --           190,721.38
The Delta Queen Steamboat Co.                   01-10970         911,198.96         --           --           911,198.96
Great AQ Steamboat, L.L.C                       01-10960        (144,264.37)        --           --          (144,264.37)
Great Pacific NW Cruise Line, L.L.C             01-10977        (118,887.26)        --           --          (118,887.26)
Great River Cruise Line, L.L.C                  01-10963         (18,978.71)        --           --           (18,978.71)
Great Ocean Cruise Line, L.L.C                  01-10959         (85,950.95)        --           --           (85,950.95)
Cape Cod Light, L.L.C                           01-10962           5,738.80         --           --             5,738.80
Cape May Light, L.L.C                           01-10961        (217,385.53)        --           --          (217,385.53)
                                                                -----------       ------       -------       -----------
                                                                (412,107.06)        --           --          (412,107.06)
                                                                ===========       ======       =======       ===========





                      Delta Queen Coastal Voyages, L.L.C.
                                 01-10964 (JCA)




                            Accounts Receivable Aging
                               As of July 31, 2002







                                  Attachment 7


                                 Not Applicable




                       Delta Queen Coastal Voyages, L.L.C.
                                 01-10964 (JCA)




                             Accounts Payable Detail
                               As of July 31, 2002







                                  Attachment 8


                                 Not Applicable




DEBTOR: DELTA QUEEN COASTAL VOYAGES, L.L.C.          CASE NUMBER: 01-10964 (JCA)

                            MONTHLY OPERATING REPORT
                               AS OF JULY 31, 2002
                                       AND
                            FOR THE MONTH THEN ENDED

                                  ATTACHMENT 9
                     NOTES TO JULY MONTHLY OPERATING REPORT


The information contained herein is unaudited.

Liabilities included in these financial statements reflect amounts known by the
Company to have been incurred. The Company has listed in prior filings with the
United States Trustee potential additional claims it believes may be asserted
against the Company.

To the best of the Debtor's knowledge and belief, based on currently available
information, all Federal income and payroll taxes due and owing have been paid.

1.       Other long-term liabilities consists of deferred tax assets and
         liabilities, net. Deferred tax assets and liabilities have been
         recognized for the expected future tax consequences of temporary
         differences between carrying amounts and the tax basis of assets and
         liabilities. The Debtor has not recorded adjustments to these amounts
         pending the outcome of Chapter 11 proceedings.

EX-99.8

                                                                   EXHIBIT 99.8

DEBTOR: DQSC PROPERTY CO.                            CASE NUMBER: 01-10965 (JCA)

                            MONTHLY OPERATING REPORT
                              AS OF JULY 31, 2002
                                      AND
                            FOR THE MONTH THEN ENDED

In accordance with title 28, section 1746, of the United States Code, I declare
under penalty of perjury that DQSC Property Co. was inactive for the above
referenced period and, to the best of my knowledge, the foregoing is true and
correct.



/s/ STEVE MOELLER
- ----------------------------
Steve Moeller
Director, Accounting

EX-99.9

                                                                   EXHIBIT 99.9

DEBTOR: CRUISE AMERICA TRAVEL, INCORPORATED          CASE NUMBER: 01-10966 (JCA)

                            MONTHLY OPERATING REPORT
                              AS OF JULY 31, 2002
                                      AND
                            FOR THE MONTH THEN ENDED

In accordance with title 28, section 1746, of the United States Code, I declare
under penalty of perjury that Cruise America Travel, Incorporated was inactive
for the above referenced period and, to the best of my knowledge, the foregoing
is true and correct.



/s/ STEVE MOELLER
- ---------------------------
Steve Moeller
Director, Accounting

EX-99.10

                                                                  EXHIBIT 99.10

DEBTOR: AMCV CRUISE OPERATIONS, INC.                 CASE NUMBER: 01-10967 (JCA)

                            MONTHLY OPERATING REPORT
                              AS OF JULY 31, 2002
                                      AND
                            FOR THE MONTH THEN ENDED

In accordance with title 28, section 1746, of the United States Code, I declare
under penalty of perjury that I have examined the attached July Monthly
Operating Report (Attachments 1 through 9) and, to the best of my knowledge,
these documents are true, correct, and complete.



/s/ STEVE MOELLER
- -----------------------
Steve Moeller
Director, Accounting




DEBTOR: AMCV CRUISE OPERATIONS, INC.                 CASE NUMBER: 01-10967 (JCA)

                            MONTHLY OPERATING REPORT
                              AS OF JULY 31, 2002
                                      AND
                            FOR THE MONTH THEN ENDED

                                    CONTENTS

Attachment 1               Summary of Bank and Investment Accounts

Attachment 2               Schedule of Receipts and Disbursements

Attachment 3               Bank and Investment Account Statements

Attachment 4               Income Statement

Attachment 5               Balance Sheet

Attachment 6               Summary of Due To/Due From Intercompany Accounts

Attachment 7               Accounts Receivable Aging

Attachment 8               Accounts Payable Detail

Attachment 9               Notes to July Monthly Operating Report






                                          Summary Of Bank, Investment & Petty Cash Accounts                            Attachment 1
                                                   AMCV Cruise Operations, Inc.
Summary                                              Case No: 01-10967 (JCA)                                              UNAUDITED
AMCV Cruise Operations, Inc                          For Month Of July, 2002

                                                 Balances
                                      ------------------------------    Receipts &               Bank
                                          Opening         Closing       Disbursements            Statements      Account
Account                               As Of 7/01/02    As Of 7/31/02    Included                 Included        Reconciled
- -------                               -------------    -------------    --------                 --------        ----------
                                                                                                  
AHC - Certificate Of Deposit *            25,000.00        25,000.00    Yes                      No - Not        Yes
Bank One                                                                                         Concentration
Account # - 880058451981                                                                         Account

AHC - Certificate Of Deposit *            25,000.00        25,000.00    Yes                      No - Not        Yes
Bank One                                                                                         Concentration
Account # - 880058452369                                                                         Account

AMCV Cruise Ops                           35,556.07        70,557.98    Yes                      Yes             Yes
Master Cash
First Union National Bank
Account # - 2090002602362

AMCV Escrow - Gohagan                          0.00             0.00    Yes                      No - Not        Yes
LaSalle Bank                                                                                     Concentration
Account # - 62-8766-40-4                                                                         Account

American Classic Voyages                       0.00             0.00    No -                     No -            No -
Fleet Bank                                                              Account                  Account         Account
Account # - 941-9148945                                                 closed                   closed          closed

Weston Office                                718.96           640.71    Yes                      Not A Bank      Yes
Petty Cash                                                                                       Account


*  Proceeds From Matured Certificates Of Deposit Being Retained By Bank One
   While They Pursue Recovery Of Equivalent Amounts Relating To Letters Of
   Credits That Were Exercised After The Filing For Bankruptcy Where These
   Certificates Of Deposits Were Collateral






                                                       Receipts & Disbursements                                      Attachment 2-1
                                                     AMCV Cruise Operations, Inc.
R&D - Bank One - AHC CD (86)                           Case No: 01-10967 (JCA)                                            UNAUDITED
                                                            Bank One
                                                     AHC Certificate Of Deposit
                                                      Account # - 880058451981
                                                       1 July 02 - 31 July 02

                                                  
Opening Balance - 1 July 02
                                  25,000.00

Receipts

                                  ---------
                                       0.00             Total Receipts

Disbursements

                                  ---------
                                       0.00             Total Disbursements

Closing Balance - 31 July 02
                                  25,000.00







                                                       Receipts & Disbursements                                      Attachment 2-2
                                                     AMCV Cruise Operations, Inc.
R&D - Bank One - AHC CD (87)                            Case No: 01-10967 (JCA)                                           UNAUDITED
                                                               Bank One
                                                     AHC Certificate Of Deposit
                                                      Account # - 880058452369
                                                       1 July 02 - 31 July 02

                                                  
Opening Balance - 1 July 02
                                  25,000.00

Receipts

                                  ---------
                                       0.00             Total Receipts

Disbursements

                                  ---------
                                       0.00             Total Disbursements

Closing Balance - 31 July 02
                                  25,000.00







                                                      Receipts & Disbursements                                       Attachment 2-3
                                                    AMCV Cruise Operations, Inc.
R&D - First Union                                     Case No: 01-10967 (JCA)                                             UNAUDITED
AMCV Cruise Ops Master Cash                                 First Union
                                                    AMCV Cruise Ops Master Cash
                                                     Account # - 2090002602362
                                                       1 July 02 - 31 July 02

                                                   
Opening Balance - 1 July 02
                                   35,556.07

Receipts
                                   35,069.66             Misc Deposits

                                   ---------
                                   35,069.66             Total Receipts

Disbursements

                                      (67.75)            Bank Fees

                                   ---------
                                      (67.75)            Total Disbursements

Closing Balance - 31 July 02
                                   70,557.98







                                                       Receipts & Disbursements                                     Attachment 2-4
                                                     AMCV Cruise Operations, Inc.
R&D - LaSalle                                          Case No: 01-10967 (JCA)                                           UNAUDITED
AMCV Escrow - Gohagan                                        LaSalle
                                                       AMCV Escrow - Gohagan
                                                     Account # - 62-8766-40-4
                                                      1 July 02 - 31 July 02

                                               
Opening Balance - July 02
                                           0.00

Receipts
                                           0.20      Interest Earned

                                           ----
                                           0.20      Total Receipts

Disbursements

                                          (0.20)     Fees

                                           ----
                                          (0.20)     Total Disbursements

Closing Balance - 31 July 02
                                           0.00







                                                       Receipts & Disbursements                                      Attachment 2-5
                                                     AMCV Cruise Operations, Inc.
R&D - NOLA                                             Case No: 01-10967 (JCA)                                            UNAUDITED
Petty Cash                                                 Weston Office
                                                            Petty Cash
                                                          Account # - NA
                                                      1 July 02 - 31 July 02

                                                 
Opening Balance - 1 July 02
                                           718.96

Receipts

                                           ------
                                             0.00      Total Receipts

Disbursements


                                           (50.00)     Cleaning Services
                                           (11.00)     Courier
                                                       Postage
                                           (17.25)     Miscellaneous Supplies

                                           ------
                                           (78.25)     Total Disbursements

Closing Balance - 31 July 02
                                           640.71





AMCV US SET OF BOOKS                                   Date: 14-AUG-02 16:54:58
INCOME STATEMENT - ATTACHMENT 4                        Page:  1
Current Period: JUL-02

currency USD
Company=15 (AMCV OPS)



                                        PTD-Actual
                                        31-Jul-02
                                       -----------
                                    
Revenue
Gross Revenue                                 0.00
Allowances                                    0.00
                                       -----------
Net Revenue                                   0.00

Operating Expenses
Air                                           0.00
Hotel                                         0.00
Commissions                                   0.00
Onboard Expenses                              0.00
Passenger Expenses                            0.00
Vessel Expenses                               0.00
Layup/Drydock Expense                         0.00
Vessel Insurance                              0.00
                                       -----------
Total Operating Expenses                      0.00

                                       -----------
Gross Profit                                  0.00

SG&A Expenses
General and Admin Expenses               38,380.23
Sales & Marketing                             0.00
Start-Up Costs                                0.00
                                       -----------
Total SG&A Expenses                      38,380.23

                                       -----------
EBITDA                                  (38,380.23)

Depreciation                                  0.00

                                       -----------
Operating Income                        (38,380.23)

Other Expense/(Income)
Interest Income                               0.00
Interest Expense                          1,480.42
Equity in Earnings for Sub              (69,811.69)
Reorganization expenses                  66,629.88
                                       -----------
Total Other Expense/(Income)            137,921.99

                                       -----------
Net Pretax Income/(Loss)               (176,302.22)

Income Tax Expense                            0.00

                                       -----------
Net Income/(Loss)                      (176,302.22)
                                       ===========





AMCV US SET OF BOOKS                                   Date: 14-AUG-02 17:03:57
BALANCE SHEET - ATTACHMENT 5                           Page:  1
Current Period: JUL-02

currency USD
Company=15 (AMCV OPS)



                                           YTD-Actual             YTD-Actual
                                            31-Jul-02              22-Oct-02
                                         ---------------        ---------------
                                                          
ASSETS

Cash and Equivalent                            29,764.12           1,723,947.86

Restricted Cash                                     0.00             219,000.00

Marketable Securities                          50,000.00              50,000.00

Accounts Receivable                                 0.00              99,684.62

Inventories                                         0.00                   0.00

Prepaid Expenses                              439,622.88             522,662.13

Other Current Assets                            3,600.00               1,750.00

                                         ---------------        ---------------
Total Current Assets                          522,987.00           2,617,044.61

Fixed Assets                                        0.00           9,371,627.23

Accumulated Depreciation                            0.00            (453,764.30)

                                         ---------------        ---------------
Net Fixed Assets                                    0.00           8,917,862.93

Net Goodwill                                        0.00                   0.00

Intercompany Due To/From                   (4,286,857.80)          2,150,807.43

Net Deferred Financing Fees                         0.00                   0.00

Net Investment in Subsidiaries           (521,750,570.18)         66,329,274.35

                                         ---------------        ---------------
Total Other Assets                       (526,037,427.98)         68,480,081.78

                                         ---------------        ---------------
Total Assets                             (525,514,440.98)         80,014,989.32
                                         ===============        ===============





AMCV US SET OF BOOKS                                   Date: 14-AUG-02 17:03:57
BALANCE SHEET - ATTACHMENT 5                           Page:  2
Current Period: JUL-02

currency USD
Company=15 (AMCV OPS)



                                            YTD-Actual             YTD-Actual
                                            31-Jul-02              22-Oct-02
                                         ---------------        ---------------
                                                          
LIABILITIES

Accounts Payable                              111,290.51               5,363.60

Accrued Liabilities                           108,037.30             289,488.87

Deposits                                            0.00                   0.00

                                         ---------------        ---------------
Total Current Liabilities                     219,327.81             294,852.47

Long Term Debt                                      0.00                   0.00

Other Long Term Liabilities                         0.00                   0.00

                                         ---------------        ---------------
Total Liabilities                             219,327.81             294,852.47

Liabilities Subject to Compromise          29,492,908.96          32,307,000.02

OWNER'S EQUITY

Common Stock                                   10,440.25              10,440.25

Add'l Paid In Capital                     112,772,392.56         112,772,392.56

Current Net Income (Loss)                (600,248,376.99)        (37,037,717.81)

Retained Earnings                         (67,761,133.57)        (28,331,978.17)

                                         ---------------        ---------------
Total Owner's Equity                     (555,226,677.75)         47,413,136.83

                                         ---------------        ---------------
Total Liabilities & Equity               (525,514,440.98)         80,014,989.32
                                         ===============        ===============




                                                                                                               
AMCV Cruise Operations, Inc.                                   ATTACHMENT 6                                          01-10967 (JCA)
                                                 Summary List of Due To/Due From Accounts
                                                     For the Month Ended July 31, 2002




                                                                 BEGINNING                                             ENDING
AFFILIATE NAME                                 CASE NUMBER        BALANCE            DEBITS             CREDITS        BALANCE
                                                                                                    
American Classic Voyages Co.                   01-10954        (50,176,429.28)       493,398.17     32,956,421.98   (82,639,453.09)
AMCV Holdings, Inc.                            01-10973           (639,623.36)               --                --      (639,623.36)
The Delta Queen Steamboat Co.                  01-10970       (133,076,321.40)    32,950,004.26        876,882.27  (101,003,199.41)
DQSB II, Inc.                                  01-10974              2,330.40                --                --         2,330.40
Great AQ Steamboat, L.L.C                      01-10960         22,861,057.77          5,581.29                --    22,866,639.06
Great Pacific NW Cruise Line, L.L.C            01-10977          9,433,330.28            446.30                --     9,433,776.58
Great River Cruise Line, L.L.C                 01-10963          9,445,920.46         17,274.22                --     9,463,194.68
Great Ocean Cruise Line, L.L.C                 01-10959         22,063,759.00         16,528.63                --    22,080,287.63
Cruise America Travel, Incorporated            01-10966          4,057,165.15                --                --     4,057,165.15
Delta Queen Coastal Voyages, L.L.C             01-10964           (190,721.38)               --                --      (190,721.38)
Cape Cod Light, L.L.C                          01-10962          3,950,183.20                --                --     3,950,183.20
Cape May Light, L.L.C                          01-10961          8,124,903.59          2,329.52                --     8,127,233.11
Project America, Inc.                          N/A              (4,501,177.23)               --                --    (4,501,177.23)
Oceanic Ship Co.                               N/A              57,688,579.12          2,279.74                --    57,690,858.86
Project America Ship I, Inc.                   N/A                 111,968.41                --                --       111,968.41
Ocean Development Co.                          01-10972          1,559,238.61                --                --     1,559,238.61
Great Hawaiian Cruise Line, Inc.               01-10975            (22,292.97)               --                --       (22,292.97)
Great Hawaiian Properties Corporation          01-10971         (6,116,875.06)               --                --    (6,116,875.06)
American Hawaii Properties Corporation         01-10976          5,188,990.02                --                --     5,188,990.02
Great Independence Ship Co.                    01-10969         36,656,636.93                --                --    36,656,636.93
CAT II, Inc.                                   01-10968          9,637,982.06                --                --     9,637,982.06
                                                              --------------------------------------------------------------------
                                                                (3,941,395.68)    33,487,842.13     33,833,304.25    (4,286,857.80)
                                                              ====================================================================





                          AMCV Cruise Operations, Inc.
                                 01-10967 (JCA)

                           Accounts Receivable Aging
                              As of July 31, 2002

                                  Attachment 7

                                 Not Applicable




ACCOUNTS PAYABLE TRIAL BALANCE                                    ATTACHMENT  8
AS OF JULY 31, 2002

LIABILITY ACCOUNT: 15-000-220102-00000



                                                            INVOICE                 REMAINING
SUPPLIER NAME                          INVOICE NUMBER        DATE        AMOUNT      AMOUNT            INVOICE DESCRIPTION
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                   
AMERICAN MARITIME OFFICERS           0702MPB               22-Jul-02   $   842.70  $   842.70     JUL-02 MEDICAL PLAN
                                     020702VACALL          22-Jul-02   $   711.60  $   711.60     JUL-02 PENSION PLAN
                                     0702VAC               22-Jul-02   $   102.00  $   102.00     JUL-02 VACATION PLAN
                                     Total for Supplier:               $ 1,656.30  $ 1,656.30

AMERITECH                            312454145907          13-Jul-02   $   176.07  $   176.07     312 454-1459 007 7

AMO INLAND WATER OPT                 0702DUES              22-Jul-02   $   217.50  $   217.50     JUL-02 DUES&INITIATIONS

AUTOMATIC DATA PROCESSING            543784                 5-Jul-02   $     6.00  $     6.00     102V&
                                     543745                 5-Jul-02   $     2.00  $     2.00     10WCB
                                     544802                12-Jul-02   $    32.20  $    32.20     10WCB
                                     545908                19-Jul-02   $    12.00  $    12.00     10WCB
                                     544167                12-Jul-02   $   119.32  $   119.32     10HK1
                                     545331                19-Jul-02   $    12.00  $    12.00     10HK1
                                     545951                19-Jul-02   $    14.00  $    14.00     102V&
                                     545335                19-Jul-02   $    10.00  $    10.00     10HNJ
                                     Total for Supplier:               $   207.52  $   207.52

BEATY, SUZANNE                       070102                 1-Jul-02   $   250.00  $   250.00     T&E 7/1-31/02

BENTON COUNTY TRUSTEE                123101                31-Dec-01   $ 1,549.91  $ 1,549.91     PROPERTY ADDRESS BL000400

BILL NOBLES, TRUSTEE                 123101B               31-Dec-01   $ 1,704.40  $ 1,704.40     BILL NUMBER 145214
                                     123101A               31-Dec-01   $ 1,963.66  $ 1,963.66     BILL NUMBER 145375
                                     Total for Supplier:               $ 3,668.06  $ 3,668.06

BOB PATTERSON, TRUSTEE               123101B               31-Dec-01   $ 7,025.24  $ 7,025.24     FOLIO NUMBER 6BL-0004-0-00000-0
                                     123101A               31-Dec-01   $ 5,059.38  $ 5,059.38     FOLIO NUMBER 1BL-0004-0-00000-0
                                     Total for Supplier:               $12,084.62  $12,084.62

BROWNING-FERRIS INDUSTRIES           0221820-020100-0278   31-Jan-02   $ 1,097.64  $(1,097.64)

CALIAN, PHILIP                       071602                16-Jul-02   $   202.44  $   202.44     T&E 5/28-7/16/02

CARL E. LEVI, CITY TREASURER         123101                31-Dec-01   $ 1,400.93  $  1,400.93    BILL#76013

CHARLIE CALDWELL, TRUSTEE            123101B               31-Dec-01   $ 2,807.17  $  2,807.17    ACCOUNT NUMBER 000000516
                                     123101A               31-Dec-01   $ 2,459.26  $  2,459.26    ACCOUNT NUMBER 000000340
                                     Total for Supplier:               $ 5,266.43  $  5,266.43

CITY OF PORTLAND                     123101                31-Dec-01   $   100.00  $    100.00    AMERICAN CLASSIC VOYAGES, INC.

CITY TAX COLLECTOR                   123101                31-Dec-01   $    51.77  $     51.77    PROPERTY ADDRESS BL000400

COUNTY TRUSTEE                       123101                31-Dec-01   $ 1,299.20  $  1,299.20    PROPERTY ADDRESS BL000400

DECATUR COUNTY TRUSTEE               123101                31-Dec-01   $   991.66  $    991.66    PROPERTY ADDRESS BL000400

DEPARTMENT OF REVENUE AND TAXATION   123101A               31-Dec-01   $    10.00  $     10.00    PROJECT AMERICA, INC.

DICKSON COUNTY TRUSTEE               123101                31-Dec-01   $   166.48  $    166.48    PROPERTY ADDRESS BL000400

DIRECTV                              0032-006733024        26-Dec-01   $    60.33  $     60.33    #006733024
                                     0031-006733024        26-Nov-01   $    60.33  $     60.33    ACCT#006733024
                                     0030-006733024A       26-Oct-01   $    60.33  $     60.33    ACCT#006733024
                                     0024-006733024C       23-Apr-01   $  (659.33) $   (659.33)   OVERPAID CK#4002327 ACCT#006733024
                                     Total for Supplier:               $  (478.34) $   (478.34)

DIVERSEY LEVER, INC                  30706                 18-Dec-01   $    (8.97) $     (8.97)   FUEL SURCHARGE CREDIT





ACCOUNTS PAYABLE TRIAL BALANCE                                    ATTACHMENT  8
AS OF JULY 31, 2002

LIABILITY ACCOUNT: 15-000-220102-00000



                                                         INVOICE                   REMAINING
SUPPLIER NAME                       INVOICE NUMBER        DATE        AMOUNT        AMOUNT          INVOICE DESCRIPTION
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                
DYER COUNTY TRUSTEE               123101                31-Dec-01   $  2,915.08   $  2,915.08  PROPERTY ADDRESS BL000400

ENTERGY                           0415-051402CR         14-May-02   $(12,699.89)  $(12,699.89)
                                  0415-051402B          14-May-02   $ 12,699.89   $ 12,699.89
                                  Total for Supplier:               $        --   $        --

EQUISERVE L. P.                   G0118259              12-Jul-02   $  1,272.92   $  1,272.92  JUNE 2002
FEDERAL EXPRESS                   4-289-65863           24-Jul-02   $     35.04   $     35.04  CHICAGO#1767-9328-7
                                  4-281-65568           19-Jul-02   $     32.38   $      32.38 WESTON#2383-6244-0
                                  4-289-26568           17-Jul-02   $      9.81   $       9.81 CHICAGO#1767-9328-7
                                  Total for Supplier:               $     77.23   $      77.23

GABLES SAN MICHELE                634                   22-Jul-02   $     41.06   $      41.06 WATER/SEWER/TRASH #712 6/7-7/7/02

GOODSILL, ANDERSON, QUINN & STEEL 285167                10-Jul-02   $     79.99   $      79.99 LEGAL SVC THRU 6/30/02 C MARTINEZ

GUERRIERO PT, GARY P.             040502IKRA             5-Apr-02   $     94.18   $      94.18 MED SVC Y IKRAM DOS 4/5/02
                                  071502IKRA            15-Jul-02   $     94.18   $      94.18 MED SVC Y IKRAM DOS 7/15/02
                                  041602IKRA            16-Apr-02   $     94.18   $      94.18 MED SVC Y IKRAM DOS 4/16/02
                                  061902IKRA            19-Jun-02   $     94.18   $      94.18 MED SVC Y IKRAM DOS 6/19/02
                                  070302IKRA             3-Jul-02   $     94.18   $      94.18 MED SVC Y IKRAM DOS 7/3/02
                                  071002IKRA            10-Jul-02   $    188.36   $     188.36 MED SVC Y IKRAM DOS 7/5-10/02
                                  061302IKRA            13-Jun-02   $     94.18   $      94.18 MED SVC Y IKRAM DOS 6/13/02
                                  041002IKRA            10-Apr-02   $     94.18   $      94.18 MED SVC Y IKRAM DOS 4/10/02
                                  Total for Supplier:               $    847.62   $     847.62

HARDIN COUNTY TRUSTEE             123101                31-Dec-01   $  2,254.32   $   2,254.32 HARDIN COUNTY PROPERTY TAX

HENRY COUNTY TRUSTEE              123101                31-Dec-01   $    323.79   $     323.79 PROPERTY ADDRESS BL000400

HOUSTON COUNTY TRUSTEE            123101                31-Dec-01   $    303.80   $     303.80 HOUSTON COUNTY PROPERTY TAX

HUMPHREYS COUNTY TRUSTEE          123101                31-Dec-01   $  1,014.31   $   1,014.31 PROPERTY ADDRESS BL000400

ICS LOGISTICS                     0305115               19-Apr-02        411.14         411.14
                                  0304250               12-Apr-02   $  1,464.00   $   1,464.00
                                  0303296                5-Apr-02   $    214.50   $     214.50
                                  0301324               29-Mar-02   $  1,872.75   $   1,872.75
                                  0300501               22-Mar-02   $  1,039.50   $   1,039.50
                                  0299608               15-Mar-02   $    965.25   $     965.25
                                  0294084                8-Feb-22   $    230.00   $     230.00
                                  0288151                4-Jan-02   $    990.00   $     990.00
                                  0283961                7-Dec-01   $    990.00   $     990.00
                                  0277999                2-Nov-01   $    990.00   $     990.00
                                  0245847B              12-Oct-01   $  1,056.00   $   1,056.00
                                  Total for Supplier:               $ 10,223.14   $  10,223.14

IIS INC                           061002                10-Jun-02   $  1,595.00   $  (1,595.00)

INTERNATIONAL SURETIES, LTD       400SE3596              3-Jul-02   $ 13,108.00   $   13,108.00 APPEAL BOND 8/14/02-8/14/03:S GEORGE

LAKE COUNTY TRUSTEE               123101                31-Dec-01   $  5,781.44   $    5,781.44 PROPERTY ADDRESS BL000400

LAKELAND RADIOLOGISTS PA          052402FINC            24-May-02   $    164.44   $      164.44 MED EXP J FINCH DOS 5/24/02
                                  052502FINC            25-May-02   $    233.05   $      233.05 MED EXP J FINCH DOS 5/24-25/02
                                  Total for Supplier:               $    397.49   $      397.49

LAURA MAX RACINE, TIPTON COUNTY   123101                31-Dec-01   $  2,110.19       $ 2,110.19 TIPTON COUNTY PERSONAL PROP. TAX
TRUSTEE





ACCOUNTS PAYABLE TRIAL BALANCE                                    ATTACHMENT  8
AS OF JULY 31, 2002

LIABILITY ACCOUNT: 15-000-220102-00000



                                                            INVOICE                 REMAINING
SUPPLIER NAME                          INVOICE NUMBER        DATE        AMOUNT       AMOUNT         INVOICE DESCRIPTION
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                  
MARION COUNTY TRUSTEE                123101                31-Dec-01    $1,594.57    $1,594.57   MARION COUNTY PROPERTY TAX

MCI WORLDCOM CONFERENCING            120101                 1-Dec-01    $  (46.07)   $  (46.07)  01-00005980958-00691

MEDCHECK                             582557                30-Jun-02    $  268.32    $  268.32   MEDICAL AUDITING EXP B CRUMP JUN'02
                                     582566                30-Jun-02    $    7.50    $    7.50   MEDICAL AUDITING EXP J FINCH JUN'02
                                     582356                30-Apr-02    $  131.25    $  131.25   MEDICAL AUDITING EXP PATRIOT CREW
                                     Total for Supplier:                $  407.07    $  407.07

MONTGOMERY COUNTY TRUSTEE            123101                31-Dec-01    $2,694.83    $2,694.83   PROPERTY ADDRESS BL000400

MONTGOMERY, BARNETT, BROWN, READ,    65335                 10-Jul-02    $  166.90    $  166.90   LEGAL SVC THRU 6/30/02 E DOWDEN
        HAMMOND & MINTZ, LLP         65337                 10-Jul-02    $  175.00    $  175.00   LEGAL SVC THRU 6/30/02 L NICKERSON
                                     65333                 10-Jul-02    $  986.25    $  986.25   LEGAL SVC THRU 6/30/02 BANKRUPTCY
                                     65334                 10-Jul-02    $   43.75    $   43.75   LEGAL SVC THRU 6/30/02 S LOVE
                                     65336                 10-Jul-02    $2,196.25    $2,196.25   LEGAL SVC THRU 6/30/02 L CARO
                                     Total for Supplier:                $3,568.15    $3,568.15

MOULEDOUX, BLAND,                    000093 01276 4317      1-Jul-02    $  849.36    $  849.36   LEGAL FEES 6/1-30/02 CAPT C BEVERLY
LEGRAND, & BRACKETT                  00093 00152 4309       1-Jul-02    $  669.74    $  669.74   LEGAL FEES 6/1-30/02 B CRUMP
                                     000096 00201 4311      1-Jul-02    $  271.50    $  271.50   LEGAL FEES 6/1-30/02 E MARTIN
                                     000093 00242 4312      1-Jul-02    $  842.04    $  842.04   LEGAL FEES 6/1-30/02 A TODD
                                     000093 01159 4314      1-Jul-02    $  446.30    $  446.30   LEGAL FEES 6/1-30/02 E GONTATSKI
                                     000093 00200 4310      1-Jul-02    $  497.54    $  497.54   LEGAL FEES 6/1-30/02 K MCQUIRE
                                     000093 99207 4320      1-Jul-02    $  400.00    $  400.00   LEGAL FEES 6/1-26/02 J JONES
                                     000093 67300 4318      1-Jul-02    $  192.00    $  192.00   LEGAL FEES 6/1-30/02 J SIMONEAUX
                                     000093 01132 4312      1-Jul-02    $  368.00    $  368.00   LEGAL FEES 6/1-30/02 K HARTFORD
                                     000093 01211 4315      1-Jul-02    $  413.00    $  413.00   LEGAL FEES 6/1-30/02 P BONNETTE
                                     000093 01233 4316      1-Jul-02    $  812.00    $  812.00   LEGAL FEES 6/1-30/02 L ROBINSON
                                     000093 99204 4319      1-Jul-02    $3,126.72    $3,126.72   LEGAL FEES 6/3-30/02 S GEORGE
                                     Total for Supplier:                $8,888.20    $8,888.20

MURRAY MD, PATRICK C                 021902ROSS            19-Feb-05    $   60.91    $   60.91   MED SVC K ROSS DOS 2/19/02
                                     061102ROSS            11-Jun-02    $   60.91    $   60.91   MED SVC K ROSS DOS 6/11/02
                                     Total for Supplier:                $  121.82    $  121.82

NATCHEZ WATER WORKS                  40902                  9-Apr-02    $  (18.36)   $  (18.36)  #13418

NYS LLC/LLP FEE                      123101B               31-Dec-01    $  325.00    $  325.00   DELTA QUEEN COASTAL VOYAGES, L.L.C.
                                     123101A               31-Dec-01    $  325.00    $  325.00   CAPE MAY LIGHT, L. L. C.
                                     Total for Supplier:                $  650.00    $  650.00

PAUL MEADOW, TRUSTEE                 123101                31-Dec-01    $4,646.31    $4,646.31   LAUDERDALE COUNTY PROPERTY TAX

PERRY COUNTY                         123101                31-Dec-01    $  544.04    $  544.04   PROPERTY ADDRESS BL000400

PUSTIZZI, EDDIE                      070102                 1-Jul-02    $  508.99    $  508.99   T&E 7/1-31/02

RIVER REGION HEALTH SYSTEM-ER        0502402MIZZI          24-May-02    $3,934.39    $3,934.39   MED SVC M MIZZELL DOS 5/24/02
                                     0502402MIZZ           24-May-02    $  731.53    $  731.53   MED SVC M MIZZELL DOS 5/24/02
                                     Total for Supplier:                $4,665.92    $4,665.92

SMART RESOURCES, INC.                141502                15-Jul-02    $  438.07    $  438.07   TEMP HELP K SALMOND
                                     141552                22-Jul-02    $  308.50    $  308.50   TEMP HELP K SALMOND
                                     Total for Supplier:                $  746.57    $  746.57

SOMERSET REFINERY, INC.              12718B                25-Oct-01    $3,771.46    $    0.01   PO#11923

SOUTHWESTERN BELL                    0227 122401           24-Dec-01    $  (14.66)   $  (14.66)  314-436-0227-138-8
                                     8922 120401            4-Dec-01    $   (7.62)   $   (7.62)  573 221-8922 555-7
                                     Total for Supplier:                $  (22.28)   $  (22.28)





ACCOUNTS PAYABLE TRIAL BALANCE                                    ATTACHMENT  8
AS OF JULY 31, 2002

LIABILITY ACCOUNT: 15-000-220102-00000



                                                          INVOICE                   REMAINING
SUPPLIER NAME                         INVOICE NUMBER        DATE       AMOUNT        AMOUNT        INVOICE DESCRIPTION
- ------------------------------------------------------------------------------------------------------------------------------------
                                                                                  
STANDARD COURIER                    30983                 27-Jul-02   $      4.50   $      4.50
                                    30875                 20-Jul-02   $      4.50   $      4.50
                                    Total for Supplier:               $      9.00   $      9.00

STATE OF NEW JERSEY                 123101                31-Dec-01   $    340.00   $    340.00   DELTA QUEEN STEAMBOAT COMPANY

STATE OF NEW JERSEY - CBT           123101                31-Dec-01   $    340.00   $    340.00   DQSB II, INC

STEWART COUNTY TRUSTEE              123101                31-Dec-01   $  2,569.98   $  2,569.98   PROPERTY ADDRESS BL000400

TAX COLLECTOR                       123101                31-Dec-01   $    240.81   $    240.81   PROPERTY ADDRESS BL000400

TENNESSEE DEPARTMENT OF REVENUE     123101                31-Dec-01   $  7,000.00   $  7,000.00   DELTA QUEEN STEAMBOAT COMPANY

TREASURER, CITY OF MEMPHIS          123101                31-Dec-01   $  2,626.70   $  2,626.70   ACCOUNT NUMBER TBL000400

UNITED CABS CO. INC.                063002MIZZ            30-Jun-02   $    103.00   $    103.00   TRANSPORTATION EXP M MIZZELL

WAYNE COUNTY TRUSTEE                123101                31-Dec-01   $    205.03   $    205.03   PROPERTY ADDRESS BL000400

WEST VIRGINIA STATE TAX DEPARTMENT  123101                31-Dec-01   $  2,010.00   $  2,010.00   AMERICAN CLASSIC VOYAGES, INC.

WESTBANK - MARRERO CAB CO           000012                12-Jul-02   $     16.90   $     16.90   TRANSPORT EXP N PIERCE DOS 6/25/02

WITHERS/SUDDATH RELO SYSTEMS, INC.  145196                30-Oct-01   $  1,040.00   $  10.00 60   DOLLIE LOADS


TOTAL FOR LIABILITY ACCOUNT:                                          $121,477.24   $111,290.51

TOTAL FOR REPORT:                                                     $121,477.24   $111,290.51





DEBTOR: AMCV CRUISE OPERATIONS, INC.                CASE NUMBER: 01-10967 (JCA)

                      PRELIMINARY MONTHLY OPERATING REPORT
                              AS OF JULY 31, 2002
                                      AND
                            FOR THE MONTH THEN ENDED

                                  ATTACHMENT 9
                     NOTES TO JULY MONTHLY OPERATING REPORT

The information contained herein is unaudited.

Liabilities included in these financial statements reflect amounts known by the
Company to have been incurred. The Company has listed in prior filings with the
United States Trustee potential additional claims it believes may be asserted
against the Company.

To the best of the Debtor's knowledge and belief, based on currently available
information, all Federal income and payroll taxes due and owing have been paid.

EX-99.11

                                                                  EXHIBIT 99.11

DEBTOR: CAT II, INC.                                 CASE NUMBER: 01-10968 (JCA)

                            MONTHLY OPERATING REPORT
                              AS OF JULY 31, 2002
                                      AND
                            FOR THE MONTH THEN ENDED

In accordance with title 28, section 1746, of the United States Code, I declare
under penalty of perjury that CAT II, Inc. was inactive for the above
referenced period and, to the best of my knowledge, the foregoing is true and
correct.



/s/ STEVE MOELLER
- -------------------------
Steve Moeller
Director, Accounting

EX-99.12

                                                                  EXHIBIT 99.12

DEBTOR: GREAT INDEPENDENCE SHIP CO.                  CASE NUMBER: 01-10969 (JCA)

                            MONTHLY OPERATING REPORT
                              AS OF JULY 31, 2002
                                      AND
                            FOR THE MONTH THEN ENDED

In accordance with title 28, section 1746, of the United States Code, I declare
under penalty of perjury that Great Independence Ship Co. was inactive for the
above referenced period and, to the best of my knowledge, the foregoing is true
and correct.



/s/ STEVE MOELLER
- -----------------------------
Steve Moeller
Director, Accounting

EX-99.13

                                                                  EXHIBIT 99.13

DEBTOR:  THE DELTA QUEEN STEAMBOAT COMPANY          CASE NUMBER:  01-10970 (JCA)

                            MONTHLY OPERATING REPORT
                              AS OF JULY 31, 2002
                                      AND
                            FOR THE MONTH THEN ENDED

In accordance with title 28, section 1746, of the United States Code, I declare
under penalty of perjury that I have examined the attached July Monthly
Operating Report (Attachments 1 through 9) and, to the best of my knowledge,
these documents are true, correct, and complete.



/s/ STEVE MOELLER
- ----------------------------
Steve Moeller
Director, Accounting




DEBTOR:  THE DELTA QUEEN STEAMBOAT COMPANY          CASE NUMBER:  01-10970 (JCA)

                            MONTHLY OPERATING REPORT
                              AS OF JULY 31, 2002
                                      AND
                            FOR THE MONTH THEN ENDED

                                    CONTENTS

Attachment 1               Summary of Bank and Investment Accounts

Attachment 2               Schedule of Receipts and Disbursements

Attachment 3               Bank and Investment Account Statements

Attachment 4               Income Statement

Attachment 5               Balance Sheet

Attachment 6               Summary of Due To/Due From Intercompany Accounts

Attachment 7               Accounts Receivable Aging

Attachment 8               Accounts Payable Detail

Attachment 9               Notes to July Monthly Operating Report






                                                      Summary Of Bank And Investment Accounts                          Attachment 1
                                                          The Delta Queen Steamboat Co.
Summary                                                      Case No: 01-10970 (JCA)                                      UNAUDITED
The Delta Queen Steamboat Co.                                For Month Of July, 2002

                                                               Balances
                                                    --------------------------------  Receipts &        Bank
                                                       Opening            Closing     Disbursements     Statements       Account
Account                                             As Of 7/01/02      As Of 7/31/02  Included          Included         Reconciled
- -------                                             -------------      -------------  --------          --------         ----------
                                                                                                          
Delta Queen Controlled Disb                              2,206.93           2,550.22  Yes               Yes              Yes
Hibernia
Account # - 542027373

Delta Queen Master Cash                                 99,999.95          95,667.64  Yes               Yes              Yes
Hibernia
Account # - 812-395-335

Delta Queen Payroll                                     32,274.89          24,143.85  Yes               No - Not         Yes
Hibernia                                                                                                Concentration
Account # - 812-395-289                                                                                 Account

The Delta Queen Steamboat Co.                                0.00               0.00  No -              No -             No -
LaSalle - Wealth Management                                                           Account           Account          Account
Account # - TNE-043290                                                                Closed            Closed           Closed

The Delta Queen Steamboat Co.                                0.00               0.00  No -              No -             No -
AmSouth                                                                               Account           Account          Account
Account # - 19356307                                                                  Closed            Closed           Closed

Delta Queen                                                  0.00               0.00  No -              No -             No -
LaSalle                                                                               Account           Account          Account
Account # - 5800155771                                                                Closed            Closed           Closed

DQ Credit Card                                               0.00               0.00  Yes               No - Not         Yes
Bank One                                                                                                Concentration
Account # - 552-0110062868                                                                              Account

DQ Master Cash                                               0.00               0.00  No -              No -             No -
Bank One                                                                              Account           Account          Account
Account # - 552-0110256700                                                            Closed            Closed           Closed

The Delta Queen Steamboat Co                           221,037.14          18,846.89  Yes               No - Not         Yes
Receipts                                                                                                Concentration
Hibernia                                                                                                Account
Account # - 882-390-047

The Delta Queen Steamboat Co                                 0.00               0.00  No -              No -             No -
Receipts                                                                              Account           Account          Account
LaSalle                                                                               Closed            Closed           Closed
Account # - 5800155839

The Delta Queen Steamboat Co                                 0.00              80.78  Yes               No - Not         Yes
Escrow Account                                                                                          Concentration
LaSalle                                                                                                 Account
Account # - 62-8930-70-3

The Delta Queen Steamboat Co                           750,000.00         750,851.78  Yes               No - Not         Yes
Escrow Account - DQ/DN IDCC                                                                             Concentration
LaSalle                                                                                                 Account
Account # - 62-9003-40-1

The Delta Queen Steamboat Co                           250,000.00         250,283.93  Yes               No - Not         Yes
Escrow Account - DQ/DN - Seller Proration                                                               Concentration
LaSalle                                                                                                 Account
Account # - 62-9003-42-7

The Delta Queen Steamboat Co                                 0.00      32,038,490.60  Yes               No - Not         Yes
LaSalle - Investment Account                                                                            Concentration
03-9042-30-4                                                                                            Account







                                                       Receipts & Disbursements                             Attachment 2-1
                                                     The Delta Queen Steamboat Co.
R&D - Hibernia                                         Case No: 01-10970 (JCA)                              UNAUDITED
DQ Controlled Disb                                            Hibernia
                                                       Controlled Disbursements
                                                        Account # - 542027373
                                                        1 July 02 - 31 July 02

                                                    
Opening Balance - 1 July 02
                                           2,206.93

Receipts
                                         137,246.07       From The Delta Queen Steam Boat Co. -
                                                            Hibernia - DQSC Master Cash - Account (812-395-335)

                                  ------------------
                                         137,246.07       Total Receipts

Disbursements

                                          12,130.16       Crew Maintenance & Medical
                                             408.45       FedEx
                                                          Lay-Up
                                           1,872.57       Office - Chicago
                                                          Office - Honolulu
                                             170.12       Office - NOLA
                                           2,678.53       Office - Weston
                                          29,181.67       Payroll Benefits
                                                          Crew Replacement Check
                                          48,133.90       Professional Fees
                                           2,278.94       SG&A - Finance
                                                          SG&A - Hotel Ops
                                                          SG&A - HR
                                                          SG&A - IT
                                                          SG&A - Marine Ops
                                                          SG&A - Sales & Marketing
                                                          Start-Up - MQ
                                              25.00       Taxes & Tax Services
                                           1,117.14       Vessel Ops - MQ (Pre-May 7)
                                           2,290.56       Other Vessel Expense - Legal
                                           6,606.57       Other Vessel Expense - Tie-Up
                                           1,500.00       Bank Svce Fee
                                         21,250.00        Trustee Fee
                                  ------------------

                                         129,643.61       Total Disbursements (* See Footnote)

Closing Balance - 31 July 02
                                           2,550.22


           * $7,259.17 Of Disbursements Not Reflected In Disbursements
             Above Due To Being Reimbursed By Buyer Of Assets At Closing.






                                                      Receipts & Disbursements                                   Attachment 2-2
                                                    The Delta Queen Steamboat Co.
R&D - Hibernia                                        Case No: 01-10970 (JCA)                                    UNAUDITED
DQ Master Cash                                             Hibernia
                                                        DQ Master Cash
                                                   Account # - 812-395-335
                                                    1 July 02 - 31 July 02

                                                
Opening Balance - 1 July 02
                                      99,999.95

Receipts

                                     900,000.00       From American Classic Voyages Co - Credit Suisse
                                                        Asset Management - Account (247003452)

                                    -----------
                                     900,000.00       Total Receipts

Disbursements
                                    (137,246.07)      To The Delta Queen Steam Boat Co. -
                                                        Hibernia - DQSC Contr. Disb. - Account (542027373)
                                    (162,358.52)      Professional Fees - Latham & Watkins
                                    (245,707.49)      Insurance Payments
                                        (185.75)      Hibernia National Bank - Fees
                                     (50,000.00)      To The Delta Queen Steam Boat Co Payroll Acct (812395289) - Hibernia -
                                    (178,627.17)      Professional Fees - Chanin
                                     (21,742.15)      Professional Fees Walsh,Monzack & Policano
                                    (106,732.80)      Professional Fees - Hahn & Hessen

                                    -----------
                                    (902,599.95)      Total Disbursements (* See Footnote)

Closing Balance - 31 July  02
                                      95,667.64


           * $1,732.36 Of Disbursements Not Reflected In Disbursements
             Above Due To Being Reimbursed By Buyer Of Assets At Closing.






                                                        Receipts & Disbursements                             Attachment 2-3
                                                      The Delta Queen Steamboat Co.
R&D - Hibernia                                           Case No: 01-10970 (JCA)                             UNAUDITED
DQ Payroll                                                     Hibernia
                                                              DQ Payroll
                                                        Account # - 812-395-289
                                                         1 July 02 - 31 July 02

                                                 
Opening Balance - 1 July 02
                                        32,274.89

Receipts
                                        50,000.00      From The Delta Queen Steam Boat Co. -
                                                         Hibernia - DQSC Master Cash - Account (812-395-335)
                                       100,000.00      From DQSC Receipt Account - Hibernia -
                                                          Account (882390047)

                                      -----------
                                       150,000.00      Total Receipts

Disbursements

                                      (155,484.56)     Payroll - Wires & Checks

                                      -----------
                                      (155,484.56)     Total Disbursements (* See Footnote)

Closing Balance - 31 July 02
                                        24,143.85


           * $2,646.48 Of Disbursements Not Reflected In Disbursements
             Above Due To Being Reimbursed By Buyer Of Assets At Closing.






                                                       Receipts & Disbursements                            Attachment 2-4
                                                    The Delta Queen Steamboat Co.
R&D - BankOne                                          Case No: 01-10970 (JCA)                            UNAUDITED
DQ Credit Cards                                              Bank One
                                                      Delta Queen Credit Cards
                                                     Account # - 552-0110062868
                                                       1 July 02 - 31 July 02

                                                
Opening Balance - 1 July 02
                                            0.00

Receipts

                                            0.00

                                            ----
                                            0.00      Total Receipts

Disbursements

                                            0.00

                                            ----
                                            0.00

Closing Balance - 31 July 02
                                            0.00







                                                     Receipts & Disbursements                          Attachment 2-5
                                                  The Delta Queen Steamboat Co.
R&D - Hibernia                                       Case No: 01-10970 (JCA)                           UNAUDITED
DQSC Receipts                                             Hibernia
                                                         DQSC Receipts
                                                    Account # - 882-390-047
                                                     1 July 02 - 31 July 02

                                              
Opening Balance - 1 July 02
                                   221,037.14

Receipts

                                  -----------
                                         0.00       Total Receipts

Disbursements

                                  (100,000.00)      Disbursements to Hibernia Delta Queen Payroll Acct
                                                    (Acct # 812-395-289)
                                      (100.00)      Paymentech Chargeback
                                    (6,077.58)      Paymentech fees

                                  -----------
                                  (106,177.58)      Total Disbursements      *( See Footnote)

Closing Balance - 31 July 02
                                    18,846.89


          * $96,012.67 Of Disbursements Not Reflected In Disbursements
            Above Due To Being Reimbursed By Buyer Of Assets At Closing.






                                                         Receipts & Disbursements                           Attachment 2-6
                                                      The Delta Queen Steamboat Co.
R&D - LaSalle                                            Case No: 01-10970 (JCA)                           UNAUDITED
DQSC Escrow                                                    LaSalle
                                                             DQSC Escrow
                                                        Account # - 62-8930-70-3
                                                         1 July 02 - 31 July 02

                                                  
Opening Balance - 1 July 02
                                             0.00

Receipts

                                            80.78       Interest Income

                                            -----
                                            80.78       Total Receipts

Disbursements

                                            -----
                                             0.00       Total Disbursements

Closing Balance - 31 July 02
                                            80.78







                                                     Receipts & Disbursements                            Attachment 2-7
                                                  The Delta Queen Steamboat Co.
R&D - LaSalle                                        Case No: 01-10970 (JCA)                            UNAUDITED
DQ-DN IDCC Escrow                                          LaSalle
                                                       DQ-DN IDCC Escrow
                                                    Account # - 62-9003-40-1
                                                     1 July 02 - 31 July 02

                                              
Opening Balance - 1 July 02
                                   750,000.00

Receipts
                                       851.78       Interest Income

                                   ----------
                                       851.78       Total Receipts

Disbursements

                                   ----------
                                         0.00       Total Disbursements

Closing Balance - 31 July 02
                                   750,851.78







                                                     Receipts & Disbursements                            Attachment 2-8
                                                  The Delta Queen Steamboat Co.
R&D - LaSalle                                        Case No: 01-10970 (JCA)                            UNAUDITED
DQ-DN Seller Proration Escrow                              LaSalle
                                                  DQ-DN Seller Proration Escrow
                                                     Account # - 62-9003-42-7
                                                      1 July 02 - 31 July 02

                                              
Opening Balance - 1 July 02
                                   250,000.00

Receipts
                                       283.93       Interest Income

                                   ----------
                                       283.93       Total Receipts

Disbursements

                                   ----------
                                         0.00       Total Disbursements

Closing Balance - 31 July 02
                                   250,283.93







                                                      Receipts & Disbursements                           Attachment 2-7
                                                   The Delta Queen Steamboat Co.
R&D - LaSalle                                         Case No: 01-10970 (JCA)                           UNAUDITED
Investment                                         LaSalle - Investment Account

                                                      Account # - 03-9042-30-4
                                                       1 July 02 - 31 July 02

                                               
Opening Balance - 1 July 02
                                           0.00

Receipts
                                  32,038,490.60      From American Classic Voyages -
                                                     Credit Suisse Investment Acct (#247003452)

                                  -------------
                                  32,038,490.60      Total Receipts

Disbursements

                                  -------------
                                           0.00      Total Disbursements

Closing Balance - 31 July 02
                                  32,038,490.60





AMCV US SET OF BOOKS                                 Date: 14-AUG-02 16:54:58
INCOME STATEMENT - ATTACHMENT 4                      Page:   1
Current Period: JUL-02

currency USD
Company=20 (DELTA QUEEN STEAM CO)



                                        PTD-Actual
                                        31-Jul-02
                                       -----------
                                    
Revenue
Gross Revenue                                 0.00
Allowances                                    0.00
                                       -----------
Net Revenue                                   0.00

Operating Expenses
Air                                           0.00
Hotel                                         0.00
Commissions                                   0.00
Onboard Expenses                              0.00
Passenger Expenses                            0.00
Vessel Expenses                               0.00
Layup/Drydock Expense                         0.00
Vessel Insurance                              0.00
                                       -----------
Total Operating Expenses                      0.00

                                       -----------
Gross Profit                                  0.00

SG&A Expenses
Sales & Marketing                             0.00
Start-Up Costs                                0.00
                                       -----------
Total SG&A Expenses                           0.00

                                       -----------
EBITDA                                        0.00

Depreciation                                  0.00

                                       -----------
Operating Income                              0.00

Other Expense/(Income)
Interest Income                               0.00
Equity in Earnings for Sub              (71,551.78)
Reorganization expenses                  (1,740.11)
                                       -----------
Total Other Expense/(Income)             69,811.67

                                       -----------
Net Pretax Income/(Loss)                (69,811.67)

Income Tax Expense                            0.00

                                       -----------
Net Income/(Loss)                       (69,811.67)
                                       ===========





AMCV US SET OF BOOKS                                  Date: 14-AUG-02 17:03:57
BALANCE SHEET - ATTACHMENT 5                          Page:   1
Current Period: JUL-02

currency USD
Company=20 (DELTA QUEEN STEAM CO)



                                           YTD-Actual             YTD-Actual
                                            31-Jul-02             22-Oct-02
                                         --------------        --------------
                                                         
ASSETS

Cash and Equivalent                       32,144,036.06          2,494,983.63

Restricted Cash                            1,001,135.71                  0.00

Accounts Receivable                          379,081.11                  0.00

Inventories                                        0.00            840,779.06

Prepaid Expenses                                   0.00             13,147.33

Other Current Assets                               0.00                  0.00

                                         --------------        --------------
Total Current Assets                      33,524,252.88          3,348,910.02


Fixed Assets                                       0.00          8,202,345.75

Accumulated Depreciation                           0.00         (5,195,800.16)

                                         --------------        --------------
Net Fixed Assets                                   0.00          3,006,545.59


Net Goodwill                                       0.00                  0.00

Intercompany Due To/From                   9,243,223.09         37,437,552.28

Net Deferred Financing Fees                        0.00              5,434.15

Net Investment in Subsidiaries           (83,386,714.55)        33,999,708.26

                                         --------------        --------------
Total Other Assets                       (74,143,491.46)        71,442,694.69

                                         --------------        --------------
Total Assets                             (40,619,238.58)        77,798,150.30
                                         ==============        ==============





AMCV US SET OF BOOKS                                   Date: 14-AUG-02 17:03:57
BALANCE SHEET - ATTACHMENT 5                           Page:   2
Current Period: JUL-02

currency USD
Company=20 (DELTA QUEEN STEAM CO)



                                           YTD-Actual            YTD-Actual
                                           31-Jul-02             22-Oct-02
                                         --------------        --------------
                                                         
LIABILITIES

Accounts Payable                                   0.00                  0.00

Accrued Liabilities                        1,364,157.65                  0.00

Deposits                                           0.00                  0.00

                                         --------------        --------------
Total Current Liabilities                  1,364,157.65                  0.00

Long Term Debt                                     0.00                  0.00

Other Long Term Liabilities                9,993,779.93          9,993,779.93

                                         --------------        --------------
Total Liabilities                         11,357,937.58          9,993,779.93

Liabilities Subject to Compromise            577,835.68            577,835.68

OWNER'S EQUITY

Common Stock                                   1,000.00              1,000.00

Add'l Paid In Capital                     33,564,332.71         33,564,332.71

Current Net Income (Loss)                (118,910,540.03)       (2,866,520.92)

Retained Earnings                         32,790,195.48         36,527,722.90

                                         --------------        --------------
Total Owner's Equity                     (52,555,011.84)        67,226,534.69

                                         --------------        --------------
Total Liabilities & Equity               (40,619,238.58)        77,798,150.30
                                         ==============        ==============







The Delta Queen Steamboat Co.                                      ATTACHMENT 6                                      01-10970 (JCA)
                                                     Summary List of Due To/Due From Accounts
                                                        For the Month Ended July 31, 2002

                                                                BEGINNING                                             ENDING
AFFILIATE NAME                                 CASE NUMBER       BALANCE             DEBITS        CREDITS           BALANCE
                                                                                                  
American Classic Voyages Co.                   01-10954       (6,235,723.33)        31,052.89               --    (6,204,670.44)
AMCV Cruise Operations, Inc.                   01-10967      133,076,321.40        876,882.27    32,950,004.26   101,003,199.41
Great AQ Steamboat, L.L.C                      01-10960      (38,925,728.55)        17,375.93               --   (38,908,352.62)
Great Pacific NW Cruise Line, L.L.C            01-10977       (8,418,523.91)         8,333.33         1,454.50    (8,411,645.08)
Great River Cruise Line, L.L.C                 01-10963      (10,542,163.90)         8,333.34           468.65   (10,534,299.21)
Great Ocean Cruise Line, L.L.C                 01-10959      (17,670,609.52)         8,666.71         6,127.52   (17,668,070.33)
Cruise America Travel, Incorporated            01-10966          256,503.82                --               --       256,503.82
Delta Queen Coastal Voyages, L.L.C             01-10964         (911,198.96)               --               --      (911,198.96)
Cape Cod Light, L.L.C                          01-10962       (1,404,059.37)               --               --    (1,404,059.37)
Cape May Light, L.L.C                          01-10961       (8,431,118.53)               --               --    (8,431,118.53)
Project America, Inc.                          N/A            (2,934,348.03)               --               --    (2,934,348.03)
Oceanic Ship Co.                               N/A              (136,810.43)               --               --      (136,810.43)
Project America Ship I, Inc.                   N/A               255,723.41                --               --       255,723.41
Project America Ship II, Inc.                  N/A              (142,646.25)               --               --      (142,646.25)
Ocean Development Co.                          01-10972        2,214,633.49                --               --     2,214,633.49
Great Hawaiian Cruise Line, Inc.               01-10975           (7,057.02)               --               --        (7,057.02)
Great Hawaiian Properties Corporation          01-10971        1,247,073.77                --               --     1,247,073.77
American Hawaii Properties Corporation         01-10976           43,550.29                --               --        43,550.29
Great Independence Ship Co.                    01-10969          (83,084.83)               --               --       (83,084.83)
CAT II, Inc.                                   01-10968             (100.00)               --               --          (100.00)
                                                               -----------------------------------------------------------------
                                                               41,250,633.55        950,644.47    32,958,054.93     9,243,223.09
                                                               =================================================================





THE DELTA QUEEN STEAMBOAT COMPANY                        CASE #: 01-10970 (JCA)

ACCOUNTS RECEIVABLE RECONCILIATION AND AGING



DETAIL:                                      0-30 DAYS           31-60 DAYS         61-90 DAYS        91+ DAYS        TOTAL

                                                                                                       
Paymentech Credit Card Processor                                                                                             0.00
American Express Credit Card Processor                                                                                       0.00
Discover Credit Card Processor                                                                                               0.00
Diners Credit Card Processor                                                                                                 0.00
Travel Agents                                                                                                                0.00
Delaware North Companies                         9,818.54         113,300.81         255,961.76                        379,081.11

                                          ---------------     --------------     --------------    -------------   --------------
Total                                            9,818.54         113,300.81         255,961.76             0.00       379,081.11
                                          ===============     ==============     ==============    =============   ==============


                                                                 ATTACHMENT # 7




                       The Delta Queen Steamboat Company
                                 01-10970 (JCA)

                            Accounts Payable Detail
                              As of July 31, 2002

                                  Attachment 8

                                 Not Applicable




DEBTOR: THE DELTA QUEEN STEAMBOAT COMPANY           CASE NUMBER: 01-10970 (JCA)

                      PRELIMINARY MONTHLY OPERATING REPORT
                              AS OF JULY 31, 2002
                                      AND
                            FOR THE MONTH THEN ENDED

                                  ATTACHMENT 9
                     NOTES TO JULY MONTHLY OPERATING REPORT

The information contained herein is unaudited.

Liabilities included in these financial statements reflect amounts known by the
Company to have been incurred. The Company has listed in prior filings with the
United States Trustee potential additional claims it believes may be asserted
against the Company.

To the best of the Debtor's knowledge and belief, based on currently available
information, all Federal income and payroll taxes due and owing have been paid.

1.       Accounts receivable represent monies due from the Purchaser subject to
         final calculation of all closing adjustments to be completed within 60
         to 90 days of the closing date, May 31, 2002.

2.       Other long-term liabilities consists of deferred tax assets and
         liabilities, net. Deferred tax assets and liabilities have been
         recognized for the expected future tax consequences of temporary
         differences between carrying amounts and the tax basis of assets and
         liabilities. The Debtor has not recorded adjustments to these amounts
         pending the outcome of Chapter 11 proceedings.

EX-99.14

                                                                  EXHIBIT 99.14

DEBTOR: GREAT HAWAIIAN PROPERTIES CORPORATION        CASE NUMBER: 01-10971 (JCA)

                            MONTHLY OPERATING REPORT
                              AS OF JULY 31, 2002
                                      AND
                            FOR THE MONTH THEN ENDED

In accordance with title 28, section 1746, of the United States Code, I declare
under penalty of perjury that Great Hawaiian Properties Corporation was
inactive for the above referenced period and, to the best of my knowledge, the
foregoing is true and correct.



/s/ STEVE MOELLER
- ----------------------------
Steve Moeller
Director, Accounting

EX-99.15

                                                                   EXHIBIT 99.15

DEBTOR:  OCEAN DEVELOPMENT CO.                      CASE NUMBER:  01-10972 (JCA)





                            MONTHLY OPERATING REPORT
                               AS OF JULY 31, 2002
                                       AND
                            FOR THE MONTH THEN ENDED








In accordance with title 28, section 1746, of the United States Code, I declare
under penalty of perjury that Ocean Development Co. was inactive for the above
referenced period and, to the best of my knowledge, the foregoing is true and
correct.






/s/ STEVE MOELLER
- ---------------------
Steve Moeller
Director, Accounting

EX-99.16

                                                                   EXHIBIT 99.16


DEBTOR:  AMCV HOLDINGS, INC.                      CASE NUMBER:  01-10973 (JCA)

                            MONTHLY OPERATING REPORT
                               AS OF JULY 31, 2002
                                       AND
                            FOR THE MONTH THEN ENDED








In accordance with title 28, section 1746, of the United States Code, I declare
under penalty of perjury that AMCV Holding, Inc. was inactive for the above
referenced period and, to the best of my knowledge, the foregoing is true and
correct.






/s/ STEVE MOELLER
- ---------------------
Steve Moeller
Director, Accounting

EX-99.17

                                                                   EXHIBIT 99.17

DEBTOR:  DQSB II, INC.                             CASE NUMBER:  01-10974 (JCA)

                            MONTHLY OPERATING REPORT
                               AS OF JULY 31, 2002
                                       AND
                            FOR THE MONTH THEN ENDED








In accordance with title 28, section 1746, of the United States Code, I declare
under penalty of perjury that I have examined the attached July Monthly
Operating Report (Attachments 1 through 9) and, to the best of my knowledge,
these documents are true, correct, and complete.





/s/ STEVE MOELLER
- -----------------
Steve Moeller
Director, Accounting










DEBTOR:  DQSB II, INC.                             CASE NUMBER:  01-10974 (JCA)

                            MONTHLY OPERATING REPORT
                               AS OF JULY 31, 2002
                                       AND
                            FOR THE MONTH THEN ENDED



                                    CONTENTS


Attachment 1               Summary of Bank and Investment Accounts

Attachment 2               Schedule of Receipts and Disbursements

Attachment 3               Bank and Investment Account Statements

Attachment 4               Income Statement

Attachment 5               Balance Sheet

Attachment 6               Summary of Due To/Due From Intercompany Accounts

Attachment 7               Accounts Receivable Aging

Attachment 8               Accounts Payable Detail

Attachment 9               Notes to July Monthly Operating Report


                      Summary Of Bank And Investment Accounts      Attachment 1
                                  DQSB II, Inc.
Summary                      Case No: 01-10974 (JCA)                  UNAUDITED
DQSB II, Inc.                For Month Of July, 2002



                                         Balances
                              ------------------------------    Receipts &          Bank
                                 Opening          Closing       Disbursements       Statements          Account
Account                       As Of 7/01/02    As Of 7/31/02    Included            Included            Reconciled
- -------                       -------------    -------------    -------------       ----------          ----------
                                                                                         
No Bank Or Investment               NA              NA               NA                 NA                  NA
Accounts





                             Receipts & Disbursements              Attachment 2
                                   DQSB II, Inc.
Summary                      Case No: 01-10974 (JCA)
DQSB II, Inc.                For Month Of July, 2002
Attach 2



       No Receipts Or Disbursements Due To No Bank Or Investment Accounts

                   Concentration & Investment Account Statements   Attachment 3
                                   DQSB II, Inc.
Summary                      Case No: 01-10974 (JCA)
DQSB II, Inc.                For Month Of July, 2002
Attach 3


          No Statements Due To No Concentration Or Investment Accounts

AMCV US SET OF BOOKS                              Date: 14-AUG-02 16:54:58
INCOME STATEMENT - ATTACHMENT 4                   Page:   1
Current Period: JUL-02

currency USD
Company=60 (DELTA QUEEN SC II)


                                                   PTD-Actual
                                                   31-Jul-02
                                                  -----------
                                               
Revenue
Gross Revenue                                            0.00
Allowances                                               0.00
                                                  -----------
Net Revenue                                              0.00

Operating Expenses
Air                                                      0.00
Hotel                                                    0.00
Commissions                                              0.00
Onboard Expenses                                         0.00
Passenger Expenses                                       0.00
Vessel Expenses                                          0.00
Layup/Drydock Expense                                    0.00
Vessel Insurance                                         0.00
                                                  -----------
Total Operating Expenses                                 0.00

                                                  -----------
Gross Profit                                             0.00

SG&A Expenses
Sales & Marketing                                        0.00
Start-Up Costs                                           0.00
                                                  -----------
Total SG&A Expenses                                      0.00

                                                  -----------
EBITDA                                                   0.00

Depreciation                                             0.00
                                                  -----------
Operating Income                                         0.00

Other Expense/(Income)
Interest Income                                          0.00
Equity in Earnings for Sub                            (742.05)
Reorganization expenses                                  0.00
                                                  -----------
Total Other Expense/(Income)                           742.05
                                                  -----------
Net Pretax Income/(Loss)                              (742.05)

Income Tax Expense                                       0.00
                                                  -----------
Net Income/(Loss)                                     (742.05)
                                                  ===========



AMCV US SET OF BOOKS                                  Date: 14-AUG-02 17:03:57
BALANCE SHEET - ATTACHMENT 5                          Page:   1
Current Period: JUL-02

currency USD
Company=60 (DELTA QUEEN SC II)



                                         YTD-Actual         YTD-Actual
                                         31-Jul-02           22-Oct-02
                                       --------------     --------------
                                                    
ASSETS

Cash and Equivalent                              0.00               0.00

Restricted Cash                                  0.00               0.00

Accounts Receivable                              0.00               0.00

Inventories                                      0.00               0.00

Prepaid Expenses                                 0.00               0.00

Other Current Assets                             0.00               0.00
                                       --------------     --------------
Total Current Assets                             0.00               0.00


Fixed Assets                                     0.00               0.00

Accumulated Depreciation                         0.00               0.00
                                       --------------     --------------
Net Fixed Assets                                 0.00               0.00


Net Goodwill                                     0.00               0.00

Intercompany Due To/From                   (22,497.32)        (21,361.32)

Net Deferred Financing Fees                      0.00               0.00

Net Investment in Subsidiaries          (1,828,814.91)        178,552.30
                                       --------------     --------------
Total Other Assets                      (1,851,312.23)        157,190.98
                                       --------------     --------------
Total Assets                            (1,851,312.23)        157,190.98
                                       ==============     ==============



AMCV US SET OF BOOKS                                   Date: 14-AUG-02 17:03:57
BALANCE SHEET - ATTACHMENT 5                           Page:   2
Current Period: JUL-02

currency USD
Company=60 (DELTA QUEEN SC II)



                                                  YTD-Actual          YTD-Actual
                                                  31-Jul-02           22-Oct-02
                                               ---------------      -------------
                                                              
LIABILITIES

Accounts Payable                                          0.00               0.00

Accrued Liabilities                                       0.00               0.00

Deposits                                                  0.00               0.00
                                               ---------------      -------------
Total Current Liabilities                                 0.00               0.00


Long Term Debt                                            0.00               0.00

Other Long Term Liabilities                          (4,904.83)         (4,904.83)
                                               ---------------      -------------
Total Liabilities                                    (4,904.83)         (4,904.83)


Liabilities Subject to Compromise                         0.00               0.00


OWNER'S EQUITY

Common Stock                                              0.00               0.00

Add'l Paid In Capital                               600,000.00         600,000.00

Current Net Income (Loss)                        (1,992,947.54)       (181,334.98)

Retained Earnings                                  (453,459.86)       (256,569.21)
                                               ---------------      -------------
Total Owner's Equity                             (1,846,407.40)        162,095.81
                                               ---------------      -------------
Total Liabilities & Equity                       (1,851,312.23)        157,190.98
                                               ===============      =============



DQSB II, INC.                          ATTACHMENT 6               01-10974 (JCA)
                       Summary List of Due To/Due From Accounts
                            For the Month Ended July 31, 2002




                                                         BEGINNING                                     ENDING
AFFILIATE NAME                           CASE NUMBER       BALANCE         DEBITS     CREDITS          BALANCE
- --------------                           -----------       -------         ------     -------          -------
                                                                                      
American Classic Voyages Co.             01-10954        (22,836.06)          -          -           (22,836.06)
AMCV Cruise Operations, Inc.             01-10967         (2,330.40)          -          -            (2,330.40)
Great AQ Steamboat, L.L.C.               01-10960            919.60           -          -               919.60
Great Pacific NW Cruise Line, L.L.C.     01-10977            339.49           -          -               339.49
Great River Cruise Line, L.L.C.          01-10963            367.05           -          -               367.05
Great Ocean Cruise Line, L.L.C.          01-10959            877.52           -          -               877.52
Cape Cod Light, L.L.C.                   01-10962             82.74           -          -                82.74
Cape May Light, L.L.C.                   01-10961             82.74           -          -                82.74
                                                       ---------------------------------------------------------
                                                         (22,497.32)          -          -           (22,497.32)
                                                       =========================================================




                                  DQSB II, INC.
                                 01-10974 (JCA)




                            ACCOUNTS RECEIVABLE AGING
                               AS OF JULY 31, 2002







                                  ATTACHMENT 7


                                 NOT APPLICABLE


                                  DQSB II, INC.
                                 01-10974 (JCA)




                             ACCOUNTS PAYABLE DETAIL
                               AS OF JULY 31, 2002







                                  ATTACHMENT 8


                                 NOT APPLICABLE


DEBTOR:  DQSB II, INC.                             CASE NUMBER:  01-10974 (JCA)



                      PRELIMINARY MONTHLY OPERATING REPORT
                               AS OF JULY 31, 2002
                                       AND
                            FOR THE MONTH THEN ENDED

                                  ATTACHMENT 9
                     NOTES TO JULY MONTHLY OPERATING REPORT


The information contained herein is unaudited.

Liabilities included in these financial statements reflect amounts known by the
Company to have been incurred. The Company has listed in prior filings with the
United States Trustee potential additional claims it believes may be asserted
against the Company.

To the best of the Debtor's knowledge and belief, based on currently available
information, all Federal income and payroll taxes due and owing have been paid.


1.       Other long-term liabilities consists of deferred tax assets and
         liabilities, net. Deferred tax assets and liabilities have been
         recognized for the expected future tax consequences of temporary
         differences between carrying amounts and the tax basis of assets and
         liabilities. The Debtor has not recorded adjustments to these amounts
         pending the outcome of Chapter 11 proceedings.

EX-99.18

                                                                   EXHIBIT 99.18

DEBTOR:  GREAT HAWAIIAN CRUISE LINE, INC.          CASE NUMBER:  01-10975 (JCA)

                            MONTHLY OPERATING REPORT
                               AS OF JULY 31, 2002
                                       AND
                            FOR THE MONTH THEN ENDED








In accordance with title 28, section 1746, of the United States Code, I declare
under penalty of perjury that Great Hawaiian Cruise Line, Inc. was inactive for
the above referenced period and, to the best of my knowledge, the foregoing is
true and correct.






/s/ STEVE MOELLER
- ---------------------
Steve Moeller
Director, Accounting

EX-99.19

                                                                   EXHIBIT 99.19


DEBTOR: AMERICAN HAWAII PROPERTIES CORPORATION       CASE NUMBER: 01-10976 (JCA)


                            MONTHLY OPERATING REPORT
                               AS OF JULY 31, 2002
                                       AND
                            FOR THE MONTH THEN ENDED



In accordance with title 28, section 1746, of the United States Code, I declare
under penalty of perjury that American Hawaii Properties Corporation was
inactive for the above referenced period and, to the best of my knowledge, the
foregoing is true and correct.



/s/ STEVE MOELLER
- --------------------
Steve Moeller
Director, Accounting

EX-99.20

                                                                   EXHIBIT 99.20


DEBTOR: GREAT PACIFIC NW CRUISE LINE, L.L.C.         CASE NUMBER: 01-10977 (JCA)


                            MONTHLY OPERATING REPORT
                               AS OF JULY 31, 2002
                                       AND
                            FOR THE MONTH THEN ENDED



In accordance with title 28, section 1746, of the United States Code, I declare
under penalty of perjury that I have examined the attached July Monthly
Operating Report (Attachments 1 through 9) and, to the best of my knowledge,
these documents are true, correct, and complete.



/s/ STEVE MOELLER
- ----------------------
Steve Moeller
Director, Accounting


DEBTOR: GREAT PACIFIC NW CRUISE LINE, L.L.C.         CASE NUMBER: 01-10977 (JCA)

                            MONTHLY OPERATING REPORT
                               AS OF JULY 31, 2002
                                       AND
                            FOR THE MONTH THEN ENDED

                                    CONTENTS

                        
Attachment 1               Summary of Bank and Investment Accounts

Attachment 2               Schedule of Receipts and Disbursements

Attachment 3               Bank and Investment Account Statements

Attachment 4               Income Statement

Attachment 5               Balance Sheet

Attachment 6               Summary of Due To/Due From Intercompany Accounts

Attachment 7               Accounts Receivable Aging

Attachment 8               Accounts Payable Detail

Attachment 9               Notes to July Monthly Operating Report







                                         Summary Of Bank, Investment & Petty Cash Accounts                             Attachment 1
                                              Great Pacific NW Cruise Line, L.L.C.
Summary                                             Case No: 01-10977 (JCA)                                               UNAUDITED
Great Pacific NW Cruise Line, LLC                  For Month Of July, 2002

                                               Balances
                                    ---------------------------------      Receipts &        Bank
                                          Opening            Closing       Disbursements     Statements      Account
Account                             As Of 7/01/02       As Of 7/31/02      Included          Included        Reconciled
- -------                             -------------       -------------      --------          --------        ----------
                                                                                              
Great Pacific NW Cruise Line                 0.00                0.00      No -              No -            No -
Payroll                                                                    Account           Account         Account
U.S. Bank                                                                  Closed            Closed          Closed
Account # - 153390417191

Great Pacific NW Cruise Line                 0.00                0.00      No -              No -            No -
Steamer                                                                    Account           Account         Account
U.S. Bank                                                                  Closed            Closed          Closed
Account # - 153390417191

Great Pacific NW Cruise Line                 0.00                0.00      No -              No - Not        No -
Columbia Queen Petty Cash                                                  No Activity       Concentration   No Activity
                                                                                             Account




                                                                                                                 
                                                     Receipts & Disbursements                                          Attachment 2
                                               Great Pacific NW Cruise Line, L.L.C.
Summary                                             Case No: 01-10977 (JCA)
Great Pacific NW Cruise Line, LLC                   For Month Of July, 2002
Attach 2




              No Receipts Or Disbursements Due To All Accounts Closed


                                                                                                                 
                                             Concentration & Investment Account Statements                             Attachment 3
                                                 Great Pacific NW Cruise Line, L.L.C.
Summary                                               Case No: 01-10977 (JCA)
Great Pacific NW Cruise Line, LLC                     For Month Of July, 2002
Attach 3




          No Statements Due To No Concentration Or Investment Accounts


AMCV US SET OF BOOKS                                   Date: 14-AUG-02 16:55:03
INCOME STATEMENT - ATTACHMENT 4                        Page: 1
Current Period: JUL-02

currency USD
Company=24 (COLUMBIA QUEEN)



                                                     PTD-Actual
                                                      31-Jul-02
                                                     ----------
                                                  
Revenue
Gross Revenue                                              0.00
Allowances                                                 0.00
                                                     ----------
Net Revenue                                                0.00

Operating Expenses
Air                                                        0.00
Hotel                                                      0.00
Commissions                                                0.00
Onboard Expenses                                           0.00
Passenger Expenses                                    (1,454.50)
Vessel Expenses                                            0.00
Layup/Drydock Expense                                      0.00
Vessel Insurance                                       8,779.63
                                                     ----------
Total Operating Expenses                               7,325.13

                                                     ----------
Gross Profit                                          (7,325.13)

SG&A Expenses
Sales & Marketing                                          0.00
Start-Up Costs                                             0.00
                                                     ----------
Total SG&A Expenses                                        0.00

                                                     ----------
EBITDA                                                (7,325.13)

Depreciation                                               0.00

                                                     ----------
Operating Income                                      (7,325.13)

Other Expense/(Income)
Interest Income                                            0.00
Equity in Earnings for Sub                                 0.00
Reorganization expenses                                    0.00
                                                     ----------
Total Other Expense/(Income)                               0.00

                                                     ----------
Net Pretax Income/(Loss)                              (7,325.13)

Income Tax Expense                                         0.00

                                                     ----------
Net Income/(Loss)                                     (7,325.13)
                                                     ==========



AMCV US SET OF BOOKS                                   Date: 14-AUG-02 17:04:04
BALANCE SHEET - ATTACHMENT 5                           Page: 1
Current Period: JUL-02

currency USD
Company=24 (COLUMBIA QUEEN)



                                                      YTD-Actual            YTD-Actual
                                                      31-Jul-02              22-Oct-02
                                                     -------------         -------------
                                                                     
ASSETS

Cash and Equivalent                                           0.00             31,623.21

Restricted Cash                                               0.00                  0.00

Accounts Receivable                                           0.00             11,425.61

Inventories                                                   0.00            199,562.38

Prepaid Expenses                                              0.00              2,800.00

Other Current Assets                                          0.00                  0.00

                                                     -------------         -------------
Total Current Assets                                          0.00            245,411.20

Fixed Assets                                                  0.00         45,093,524.95

Accumulated Depreciation                                      0.00         (1,870,234.50)

                                                     -------------         -------------
Net Fixed Assets                                              0.00         43,223,290.45

Net Goodwill                                                  0.00                  0.00

Intercompany Due To/From                             (10,107,149.00)       (9,983,225.62)

Net Deferred Financing Fees                                   0.00          2,545,011.02

Net Investment in Subsidiaries                                0.00                  0.00

Other Non Current Assets                             12,000,000.00                  0.00

                                                     -------------         -------------
Total Other Assets                                    1,892,851.00         (7,438,214.60)

                                                     -------------         -------------
Total Assets                                          1,892,851.00         36,030,487.05
                                                     =============         =============




AMCV US SET OF BOOKS                                   Date: 14-AUG-02 17:04:04
BALANCE SHEET - ATTACHMENT 5                           Page: 2
Current Period: JUL-02

currency USD
Company=24 (COLUMBIA QUEEN)



                                                      YTD-Actual             YTD-Actual
                                                       31-Jul-02             22-Oct-02
                                                     -------------         -------------
                                                                     
LIABILITIES

Accounts Payable                                            235.00                180.00

Accrued Liabilities                                           0.00            331,444.68

Deposits                                                      0.00                  0.00

                                                     -------------         -------------
Total Current Liabilities                                   235.00            331,624.68


Long Term Debt                                                0.00                  0.00

Other Long Term Liabilities                                   0.00                  0.00

                                                     -------------         -------------
Total Liabilities                                           235.00            331,624.68

Liabilities Subject to Compromise                    37,788,314.80         37,792,814.64

OWNER'S EQUITY

Common Stock                                                  0.00                  0.00

Add'l Paid In Capital                                         0.00                  0.00

Current Net Income (Loss)                            (33,710,792.99)           18,578.51

Retained Earnings                                    (2,184,905.81)        (2,112,530.78)

                                                     -------------         -------------
Total Owner's Equity                                 (35,895,698.80)       (2,093,952.27)

                                                     -------------         -------------
Total Liabilities & Equity                            1,892,851.00         36,030,487.05
                                                     =============         =============



Great Pacific                       ATTACHMENT 6                  01-10977 (JCA)
NW Cruise Line, LLC    Summary List of Due To/Due From Accounts
                          For the Month Ended July 31, 2002



                                                             BEGINNING                                         ENDING
AFFILIATE NAME                              CASE NUMBER       BALANCE         DEBITS       CREDITS             BALANCE
                                                                                            
American Classic Voyages Co.                01-10954       15,472,854.20           --             --       15,472,854.20
AMCV Cruise Operations, Inc.                01-10967       (9,433,330.28)          --         446.30       (9,433,776.58)
The Delta Queen Steamboat Co.               01-10970        8,418,523.91     1,454.50       8,333.33        8,411,645.08
DQSB II, Inc.                               01-10974             (339.49)          --             --             (339.49)
Great AQ Steamboat, L.L.C                   01-10960           (5,552.79)          --             --           (5,552.79)
Great River Cruise Line, L.L.C              01-10963           (4,812.08)          --             --           (4,812.08)
Great Ocean Cruise Line, L.L.C              01-10959          (10,219.55)          --             --          (10,219.55)
Cruise America Travel, Incorporated         01-10966         (674,733.24)          --             --         (674,733.24)
Delta Queen Coastal Voyages, L.L.C          01-10964          118,887.26           --             --          118,887.26
Cape May Light, L.L.C                       01-10961            5,380.67           --             --            5,380.67
Project America, Inc.                       N/A               (27,500.00)          --             --          (27,500.00)
Oceanic Ship Co.                            N/A                 1,701.33           --             --            1,701.33
Project America Ship I, Inc.                N/A               291,567.65           --             --          291,567.65
Ocean Development Co.                       01-10972       (24,185,738.20)         --             --       (24,185,738.20)
Great Hawaiian Properties Corporation       01-10971          (66,513.26)          --             --          (66,513.26)
                                                         ----------------------------------------------------------------
                                                          (10,099,823.87)    1,454.50       8,779.63       (10,107,149.00)
                                                         ================================================================




                      Great Pacific NW Cruise Line, L.L.C.
                                 01-10977 (JCA)



                            Accounts Receivable Aging
                               As of July 31, 2002



                                  Attachment 7


                                 Not Applicable


                                 COLUMBIA QUEEN
                                AP-STEAMER CHECKS

                               24-000-221300-00000

                                     JULY-02

OUTSTANDING CHECKS:

                                       
       1566 K Tinnin (American Express)          180.00
       1611 Charles Saporiti                      55.00

                                                 ------
       TOTAL PER G/L:                            235.00
                                                 ======

       

                                 ATTACHMENT # 8


DEBTOR: GREAT PACIFIC NW CRUISE LINE, L.L.C.         CASE NUMBER: 01-10977 (JCA)


                      PRELIMINARY MONTHLY OPERATING REPORT
                               AS OF JULY 31, 2002
                                       AND
                            FOR THE MONTH THEN ENDED

                                  ATTACHMENT 9
                     NOTES TO JULY MONTHLY OPERATING REPORT


The information contained herein is unaudited.

Liabilities included in these financial statements reflect amounts known by the
Company to have been incurred. The Company has listed in prior filings with the
United States Trustee potential additional claims it believes may be asserted
against the Company.

To the best of the Debtor's knowledge and belief, based on currently available
information, all Federal income and payroll taxes due and owing have been paid.