Tag: 唐人阁杭州论坛杭州

Fincantieri Confirms Chinese Cruise Ship Order

first_imgzoomImage by WMN Italy’s Fincantieri has entered into a binding Memorandum of Agreement (MoA) with China State Shipbuilding Corporation (CSSC) and Carnival Corporation & plc for the construction of two cruise ships, with an option for additional four vessels.The deal, subject to several conditions, has a value of around USD 1.5 billion for the first two ships, which will be built for the Chinese market at the SWS yard, a facility of CSSC Group. The first delivery is expected in 2023.“We are proud to be able to order the first China-built cruise ships and play a leadership role in developing cruise shipbuilding capabilities for the first time in China, which represents another important milestone in building a sustainable and prosperous cruise industry, and demonstrates our commitment to helping China become a leading cruise market as part of its five-year economic development plan,” Arnold Donald, CEO of Carnival Corporation, said.The deal comes on the back of a joint venture agreed between Fincantieri and China’s shipbuilding conglomerate CSSC aimed at developing and supporting the growth of the Chinese cruise industry.The joint venture was set up to design and sell cruise ships intended and customized for the Chinese and Asian markets.last_img read more

Ontario tobacco companies prepare for 15 billion lawsuit

first_imgAPTN National NewsRothmans Inc., Imperial Tobacco Canada Ltd., Benson and Hedges Inc., and JTI-MacDonald Corp., among others, are serving First Nations tobacco companies with a $1.5 billion dollar lawsuit.They say they are “seeking recovery of the cost of provincial health care expenditures arising from tobacco related disease and/or the risk of tobacco related disease.”APTN National News reporter Donna Smith talks to store owners in Ontario to get their side of the story.last_img