Carnival sets up Asia unit in Singapore, sees 3.7 million Asians to cruise 2017 - report
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- Written by Kari Reinikainen Kari Reinikainen
- Category: Top Headlines Top Headlines
- Published: 03 May 2013 03 May 2013
Carnival Corporation & plc, the world’s largest cruise shipping group, has set up regional unit in Singapore and unveiled plans to develop the city state a hub for its Asian operations.
The Anglo-American group is aiming for a 50% share of the Asian cruise market in 2017 and intends to establish South-east Asia as Caribbean of the East, with Singapore as the hub, TTG Asia reports on its website. Carnival has established its regional unit, Carnival Asia, in Singapore and it projects that the Asian cruise market would grow to 3.7 million passengers by 2017, from 1.5 million now.
Pier Luigi Foschi, Carnival Asia chairman and CEO, told TTG Asia e-Daily in an interview this morning: “We would like our share of Asia to be the same as our share of the market worldwide, which is 50%,” the report said
STX to sell French, Finnish yards - report
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- Written by Kari Reinikainen Kari Reinikainen
- Category: Top Headlines Top Headlines
- Published: 03 May 2013 03 May 2013
STX Business Group, the troubled South Korean conglomerate, plans to sell its controlling stake in STX Shipbuilding & Offshore and sell its shares in the yards in France and Finland, Korea Times reports.
STX chairman Kang Duk-soo has decided to offload all of its overseas assets to address cash flow problems. Also, he decided to hand over his controlling stakes in STX Offshore & Shipbuilding, a key affiliate of the group, the paper reports on its website.
"We will keep our three crucial affiliates ― STX Heavy, STX Engine and STX Offshore. The group plans to sell its shares in its overseas affiliates including our shipyards in France, Finland and Dalian in China,’’ said a spokesman for the group, Tuesday, according to the paper.
The STX group owns 100% of the shares in STX Finland that has a yard in Turku and another one in Rauma, plus 64% of the shares in STX France. It controls these holdings via its Oslo based STX Europe subsidiary. At Christmas, the group sold its remaining shares in a Singapore based holding company of yards that build offshore services vessels. The problems of STX arise from a sharp fall in activity in the shipbuilding industry in the wake of the economic downturn.
All three yards are involved in passenger ship building.
Norwegian Getaway to sail on Southampton-Miami maiden voyage 17 January
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- Written by Kari Reinikainen Kari Reinikainen
- Category: Top Headlines Top Headlines
- Published: 30 April 2013 30 April 2013
Norwegian Getaway, second of the two 146,000 gross ton cruise liners Norwegian Cruise Line has ordered from Meyer Werft in Germany, will sail on its maiden voyage from Southampton to Miami on 17 January 2014, said Francis Riley, Vice President International at the Miami based company.
Riley, who was speaking on board the new Norwegian Breakaway in Southampton on Monday, said that the ship will feature Miami theme as opposed to New York on the first vessel of the class. Norwegian Getaway will operate 7-night cruises from Miami year-round.
A third vessel, larger at 163,000 gross tons and with about 4,200 berths opposed to the 4,000 on the two first units, will be introduced in 2015. The yet unnamed vessel will have an additional deck of cabins, which explains its larger tonnage and higher passenger capacity, he said.
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