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Carnival, Fincantieri and CSSC sign deal for two China-built cruise ships

1 Fincantieri Carnival and CSSC

Carnival Corporation, Fincantieri and China State Shipbuilding Corporation have signed a binding memorandum of agreement (MOA) for two of the first cruise ships to be built in China for the Chinese market.

The new agreement updates the terms of an initial shipbuilding MOA announced in September 2016, which outlined plans to construct 133,500gt ships at CSSC Group’s Shanghai Waigaoqiao Shipbuilding yard.

As part of the new MOA, China-based shipbuilding joint venture between CSSC and Italian shipbuilder Fincantieri agreed to build two new ships for Carnival Corporation’s cruise joint venture in the country. The MOA also includes an option for four additional China-built cruise ships.

“We are proud to order the first China-built cruise ships and play a meaningful role in developing cruise shipbuilding capabilities for the first time in China,” said Arnold Donald, president and CEO of Carnival Corporation. “This represents another important milestone in building a sustainable and prosperous cruise industry, and demonstrates our commitment to contributing to China become a leading cruise market as part of its five-year economic development plan.”

CSSC Group’s Shanghai Waigaoqiao Shipbuilding yard will construct the ships, which will feature interior designs and onboard features tailored to Chinese travellers. Carnival Corporation will provide onsite supervision and support during ship construction.

The first will be delivered in 2023 and will be operated by a joint venture formed by CSSC, CIC Capital and Carnival Corporation. The joint venture plans to launch a cruise brand in China using ships that are purchased from Carnival Corporation's existing fleet.

“Following the five concepts of innovative, coordinated, green, open and shared development, CSSC is working closely with international partners like Carnival Corporation and Fincantieri to build the first cruise ships in China, which will significantly advance the rapid, sustainable and healthy development of the Chinese cruise industry,” said Wu Qiang, president of CSSC. “Our close partnership with Carnival Corporation and Fincantieri, with the aim to build cruises addressing the additional demand from the Chinese and Asian market, will let more people enjoy the benefits of globalisation and live a better life.”

Giuseppe Bono, CEO of Fincantieri, said: “We believe that today’s agreement is an example of industrial partnership that not only reaffirms our leadership in the cruise industry, but also creates a virtuous system among the two countries.”

Source: cruiseandferry.net

18 Apr 2017 17:57
The Grimaldi Group extends its services to Mexico

The Grimaldi Group announces an important enhancement of its overseas maritime services: a new direct service to Mexico, dedicated to the transport of cars, rolling freight and project cargo has been recently launched.
The link is an upgrade of a regular service between the Mediterranean and North America, already performed by the Group with great success since 2015. The new extended service connects the Italian ports of Civitavecchia and Savona and the Turkish port of Gemlik with the North American ports of Halifax (Canada), [ ... ]

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15 Apr 2017 19:35
The 4th Tweed Run will take place in Spetses!

The stylish bike ride that was warmly welcomed in the most important cities of the world as well in Spetses, comes for the fourth time on 21-23rd of April at the car-free, cosmopolitan island of the Saronic Gulf.
The Tweed Run is a carefree bike ride with vintage bikes and atmosphere of a bygone era, accompanied by stylish presences and stops for tea and picnics.
The 4th Tweed Run is looking forward to welcoming you and enjoy every moment of the 4th Tweed Run!

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14 Apr 2017 20:30
Shipping Company of the Year Award for the Grimaldi Group

The Italian group receives the prestigious recognition during the North America Automotive Global Awards

Naples, 10th April 2017 – In the majestic surroundings of the Ritz-Carlton Hotel in New Orleans, last 5th April the Grimaldi Group received the Shipping Company of the Year award. The ceremony was held during the third edition of the North America Automotive Global Awards, an event organized by Three6Zero, an editorial group specialised in the automotive industry with various publications distributed in America, Asia, [ ... ]

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14 Apr 2017 16:13
MedCruise Ports head to China

As part of MedCruise marketing strategy aiming to promote the Mediterranean as the most popular cruise destination among Asian cruisers, MedCruise is attending this year ITB China 2017: http://www.itb-china.com/ event.

ITB China to be held 10-12 May in Shanghai is a travel trade show exclusively focused on the Chinese Travel Market. The three day event gathers international destinations, service and travel technology providers in Shanghai connecting them with handpicked Chinese buyers. MedCruise will be represented by Maria [ ... ]

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10 Apr 2017 19:33
Chinese Ports Reaching Maximum Capacity

China's ports could reach maximum capacity by early June as stockpiles iron ore build pressure on facilities to create more storage space – resulting in buildings being demolished to create larger ones, trading sources have told Reuters.

The current volume of iron ore in China equates to about 95 million tonnes of steel — enough to build 12,960 replicas of the Eiffel Tower in Paris.

This is a result of the marketplace jumping 15.3% in January-February as a price rally last year extended into 2017.

However, imported ore [ ... ]

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06 Apr 2017 19:57
George Marinakis at the opening of the

During the official opening of the "50th International Andros Regatta”, we met Mr. Marinakis- the Managing Director of SetelHellas, who gave us a short interview.

Q: There are a lot of discussions around "green shipping" lately, especially after the recent regulatory measures by EU and IMO.Can the maritime industryto be leader in green technology?

A:First of all, I would like to congratulate the organizers for the wonderful evening and wish them good luck.

Now- at the macro scale, the world that we are living today is simply [ ... ]

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05 Apr 2017 14:31
The Grimaldi Group Supplier of the Year 2016 by General Motors

This is the 16th time that the Group has received the award in the last 17 years.

The Grimaldi Group was named a Supplier of the Year by General Motors during its 25th annual Supplier of the Year awards ceremony held Friday, March 31st in Orlando, Florida.

GM recognized 118 of its best suppliers from 15 countries that have consistently exceeded GM’s expectations, created outstanding value or brought new innovations to the company. The announcement represented the most suppliers GM has recognized since debuting the Supplier [ ... ]

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03 Apr 2017 13:51
Cruise ports develop infrastructure to meet new environmental requirements

Cruise ports also aim to develop infrastructure to meet new environmental requirements. To help members achieve this, MedCruise has partnered with the World Association for Waterborne Transport Infrastructure (PIANC). Together, the organisations plan to advance guidelines on the development of cruise port infrastructure and help MedCruise members benefit from the growth of the industry. The first discussions were held at the MedCruise General Assembly in Tenerife last September. Architects often design port facilities according [ ... ]

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