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 619, 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~~ 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 “~~Debtors~~Filing Subsidiaries.”

OnPursuant ~~August 6,~~to ~~2002,~~ the ~~Debtors~~requirements ~~filed a Disclosure Statement With Respect To Debtors’ Joint Plan~~ of ~~Liquidation (~~the ~~“Disclosure~~previously ~~Statement”).~~disclosed ~~The Disclosure~~filings ~~Statement~~under Chapter 11, ~~attached~~on ~~as Exhibit~~August ~~99.1~~19, ~~hereto~~2002, iseach ~~presented~~of to the ~~Debtors’~~ ~~creditors~~Company ~~who~~and ~~are entitled to vote on~~ the ~~Joint~~Filing ~~Plan of Liquidation of~~Subsidiaries ~~American~~filed ~~Classic~~a ~~Voyages~~monthly ~~Co.,~~operating etreport alfor (the ~~“Plan”)~~month toended ~~permit~~July 31, ~~such~~2002 ~~creditors~~(a to“July ~~make~~2002 anMonthly ~~informed~~Operating ~~decision~~Report,” inand ~~voting to accept or reject the Plan. The Plan~~collectively, ~~incorporated~~ ~~into~~ the ~~Disclosure~~“Reports”) ~~Statement~~with ~~as Exhibit 2, was previously filed on July 30, 2002, and was reported to~~ the ~~Commission under cover of a Form 8-K~~U.S. ~~dated~~Trustee ~~August 6, 2002~~Office.

The financial data included in ~~and used as a basis for~~ the ~~Disclosure Statement~~Reports is not audited. The ~~Disclosure~~Reports are ~~Statement is~~ 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 ~~Disclosure Statement~~Reports isare complete or presented on a basis consistent with the Company’s previous periodic filings. The ~~Disclosure~~Reports ~~Statement~~ also contain ~~contains~~ 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.

~~Copy~~Copies of the ~~Disclosure~~Reports ~~Statements~~ filed by each of the ~~Debtors~~Company and the Filing Subsidiaries on August 619, 2002, isare attached as ~~Exhibit~~ Exhibits 99.1 through Exhibit 99.20 hereto.(1)

Item 7. Exhibits.

Exhibit Number		Exhibit
99.1		~~Debtors’~~American ~~Disclosure~~Classic ~~Statement~~Voyages Co. July 2002 Monthly Operating Report, filed August 619, 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.


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

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 13, 2002		By: /s/ JORDAN B. ALLEN
Date: August 22, 2002		By: /s/ JORDAN B. ALLEN
		Jordan B. Allen, Executive Vice President and General Counsel

Exhibit Index

Exhibit Number		Exhibit
99.1		Debtors’ Disclosure Statement, filed August 6, 2002

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


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

Filing Compare · AMERICAN CLASSIC VOYAGES CO