Paul and his wife Judith founded Paul Mundy Ltd in 1970 when it was not an easy time to launch a business.
That year, Boeing had introduced the 747 and ocean cruising looked like a risky bet, with the advent of the jet plane threatening to eclipse sea travel.
Intriguingly, Paul’s family firm, EH Mundy, had already closed its passenger division to focus on freight.
However, Paul passionately believed in the broad appeal of cruise holidays even though in the 1970s they were considered a “narrow minority pursuit”, said Edwina Lonsdale, Mundy Cruising’s managing director, who started working for Paul in 1989.