Subscribe to RSS feedSouth Korea in cruise bid
SOUTH Korea’s bid to barge into the multibillion dollar market for building cruiseships is gathering momentum with the disclosure that Louis Cruises is in talks with Daewoo Shipbuilding & Marine Engineering for a mid-size cruise vessel.
If a deal results, it would be a first cruiseship for South Korea’s third-biggest shipyard as well as a first newbuilding for Louis. Last month rival Samsung Heavy Industries landed a deal with newcomer Utopia Residences for a US$1.1bn floating...
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