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Monday June 16, 2014 MYT 7:28:00 PM
Monday June 16, 2014 MYT 7:29:43 PM
TAIPEI: Royal Caribbean, one of the world's largest cruise lines, on Monday signed an initial agreement with Taiwan to jointly build a pier on a scenic island group in the Taiwan Strait.
Miami-based Royal Caribbean will have a 51 percent stake in the investment, with the state-owned Taiwan International Ports Corporation holding the remainder, the Taiwanese company said.
It said the pier, due for completion in 2016, would be able to accommodate calls by the 225,000-tonne Oasis of The Seas, the world's largest cruise ship.- AFP
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Taiwan, US, port, tourism, shipping, regional
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