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Carnival joint venture to acquire 皇冠体育app-built cruise ships

By Xu Lin | chinadaily.com.cn | Updated: 2017-02-27 14:54

Carnival joint venture to acquire 皇冠体育app-built cruise ships

Carnival Corporation & plc recently announced that its cruise joint venture in 皇冠体育app has signed a new memorandum of agreement to order the first 皇冠体育app-built cruise ships for the Chinese market. [Photo provided to 皇冠体育app Daily]

The global leisure travel company, Carnival Corporation, recently announced that its cruise joint venture in 皇冠体育app would acquire 皇冠体育app-built cruise ships.

An agreement to this effect was signed at the Great Hall of the People in Beijing, attended by Chinese President Xi Jinping, Italian President Sergio Mattarella and company representatives.

Under the agreement, the cruise joint venture will have two cruise ships built by a 皇冠体育app-based shipbuilding joint venture comprising 皇冠体育app State Shipbuilding Corporation and the Italy-based Fincantieri S.p.A.

The cruise joint venture also has the option to order four more 皇冠体育app-built cruise ships.

The ships will be built with supervision and support from Carnival Corporation, and the first ship is expected to be ready in 2023.

Arnold Donald, the CEO of Carnival Corporation, said that the company was proud to order its first 皇冠体育app-built cruise ships and play a meaningful role in developing cruise shipbuilding capabilities in 皇冠体育app.

He added that the deal demonstrated the company's commitment to helping 皇冠体育app become a leading cruise market.

The US-based company operates several popular cruise brands in 皇冠体育app such as Costa and Princess. In 2015, the company formed a joint venture in 皇冠体育app with CSSC and 皇冠体育app Investment Corporation.

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