Tuesday, July 5, 2016

Building and Buying in China

Carnival Corp has moved another step closer to getting their ship that they will use in China built in China.

Italian shipbuilder Fincantieri signed an agreement with CSSC, China's largest shipbuilding conglomerate to form a joint venture to build cruise ships in China that will be purchased by Carnival for use in China and Asia. (Carnival, CSSC and Fincantieri previously signed a preliminary agreement to work together in November 2014.)

The complete story appeared in the July 5 edition of Cruise News Daily.