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Carnival Corp’s Chinese joint venture announces order for first China built ships
Thursday, 26 Sep, 2016
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Carnival Corp’s cruise joint venture has agreed an order to build the first locally built ships for its proposed domestic Chinese brand.
A non-binding memorandum of agreement has been reached to build two Vista-class ships in China, with an option for an additional two.
The first of the new ships would launch in 2022.
Ship design will be based on Carnival’s Vista-class vessels with features designed specifically for Chinese tastes.
Carnival announced plans to operate the first domestic multi-ship cruise brand in China last year, along with joint venture partners China State Shipbuilding Corporation (CSSC) and CIC Capital.
A separate joint venture between CSSC and Italy-based shipbuilder Fincantieri will be tasked with building the ships.
"We are excited about the potential for the first new cruise ships to be built and deployed in China for the enjoyment of Chinese travellers, which will be an important milestone in the development of the Chinese cruise market," said Alan Buckelew, global chief operations officer for Carnival Corporation.
"As we work with our Chinese partners to launch the first domestic Chinese cruise brand in the next few years, being able to offer cruises on China-built cruise ships represents a new opportunity for us to generate excitement and demand."
Carnival Corp also said it has gained approval to incorporate the new cruise brand joint venture in Hong Kong.
"We see this collaboration with CSSC and Fincantieri as a potential cornerstone of a domestic cruise presence in China, serving Chinese guests with world-class cruise ships that are built in China for the first time," Buckelew added.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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