cruise ships

Genting Hong Kong sells 35% of Dream Cruises

Genting Hong Kong (GHK), cruise operator, agreed to sell a 35% of its interests in its cruise Brand, Dream Cruises. The cruise operator noted that the transaction would result to a USD 470 million gains, while in the meantime increase the net asset value of GHK shares by USD 5.5 cents.

KfW IPEX-Bank to finance third AIDA Cruises LNG cruise ship

KfW IPEX-Bank announced that it will finance another cruise ship for AIDA Cruises that is powered with LNG. The ship would be the second sister vessel for AIDAnova, the world’s first LNG-powered cruise ship. KfW IPEX-Bank will also finance the third LNG-powered ship for the German AIDA Cruises. The ship is scheduled to be delivered in 2023.

NYK to sell 50% of cruise business to Anchor Ship Partners

NYK sold 50% of the shares of its subsidiary NYK Cruises, to Japan-based, Anchor Ship Partners (ASP). According to the agreement, which was announced on January 24, there will be a joint operation of the cruise business. The two companies did not reveal the price behind the deal, which is expected to be completed by the end of March 2019.

Port of Gothenburg container freight volumes up by 17%

Port of Gothenburg has published its 2018 freight figures. Container volumes rose by 17% compared with the previous year. Energy products, intra-European ro-ro units and new cars all decreased by 1%, albeit in relation to the high comparative figures for these three segments in 2017.

EU to assess Chantiers de l’Atlantique acquisition by Fincantieri

The European Commission has agreed to the request submitted by France and Germany to look at Fincantieri’s proposed acquisition of Chantiers de l’Atlantique, ahead of the EU Merger Regulation. The Commission believes that the transaction could harm competition at European and global level.

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