Exhibit 21.1

SUBSIDIARIES OF AMBASSADORS INTERNATIONAL, INC.

1. Ambassadors, LLC, a Delaware limited liability company

2. Ambassadors Cruise Group, LLC, a Delaware limited liability company, a wholly-owned subsidiary of Ambassadors International, Inc.

3. Cypress Reinsurance, Ltd, a Bermuda corporation

4. Ambassadors Marine Group, LLC, a Delaware limited liability company, a wholly-owned subsidiary of Ambassadors International, Inc.

5. BellPort Group, Inc., a Delaware corporation, a wholly-owned subsidiary of Ambassadors Marine Group, LLC

6. BellJa Holding Company, Inc., a California corporation, a wholly-owned subsidiary of BellPort Group, Inc.

7. American West Steamboat Company, LLC, an Oregon limited liability company, a wholly-owned subsidiary of Ambassadors Cruise Group, LLC

8. EN Boat LLC, an Oregon limited liability company, a wholly-owned subsidiary of Ambassadors Cruise Group, LLC

9. QW Boat Company LLC, an Oregon limited liability company, a wholly-owned subsidiary of Ambassadors Cruise Group, LLC

10. DQSC Operations, LLC, a Delaware limited liability company, a wholly-owned subsidiary of Ambassadors Cruise Group, LLC

11. DQ Boat, LLC, a Delaware limited liability company, a wholly-owned subsidiary of DQSC Operations, LLC

12. AQ Boat, LLC, a Delaware limited liability company, a wholly-owned subsidiary of DQSC Operations, LLC

13. MQ Boat, LLC, a Delaware limited liability company, a wholly-owned subsidiary of DQSC Operations, LLC

14. Nishida Tekko America Corporation, a California corporation, a wholly-owned subsidiary of Ambassadors Marine Group, LLC

15. BMI Acquisition Company, a Washington corporation, 51% owned by Nishida Tekko America Corporation and 49% owned by Ambassadors Marine Group, LLC

16. Bellingham Marine Industries, a Washington corporation, a wholly-owned subsidiary of BMI Acquisition Company

17. Florida Floats, Inc., a Florida corporation, a wholly-owned subsidiary of BMI Acquisition Company

18. Concrete Flotation Systems, Inc., a Connecticut corporation, a wholly-owned subsidiary of BMI Acquisition Company

19. BMI Properties LLC, a Washington limited liability company, a wholly-owned subsidiary of BMI Acquisition Company

20. Bellingham Marine Australia Pty. Ltd., an Australia company, a wholly-owned subsidiary of BMI Acquisition Company

21. Bellingham Marine New Zealand Ltd., a New Zealand company, a wholly-owned subsidiary of BMI Acquisition Company

22. Bellingham Marine Europe Limited, a United Kingdom company, a wholly-owned subsidiary of BMI Acquisition Company

23. Bellingham Marine SEA Sdn. Bhd., a Malaysia company, a wholly-owned subsidiary of BMI Acquisition Company

24. Bellingham Marine Mexico, SA de C.V., a Mexico company, a 99% owned subsidiary of BMI Acquisition Company

25. Marine Technologies Pty. Ltd., an Australia company, a wholly-owned subsidiary of BMI Acquisition Company

26. Marina Accessories, Inc., a Washington corporation, a 49% owned subsidiary of BMI Acquisition Company

27. Ambassadors International Cruise Group, LLC, a wholly-owned subsidiary of Ambassadors Cruise Group, LLC