The contract creating CSSC Carnival Cruise Shipping Ltd has been finalized between China State Shipbuild Corp (CSSC) and Carnival Corp. The joint venture was first announced in 2015. The purpose of the new company is to launch the first multi-ship cruise brand specifically designed to serve the Chinese cruise market.
The new company will be launched with two ships that will be built in China and two ships purchased from Carnival's Costa Group.
The complete story appeared in the November 6 issue of Cruise News Daily.