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HONG KONG: Genting Hong Kong Ltd will invest 100 million euros in its German shipyard, MV Werften to focus on building new large ships.
MALACCA: The construction of the Malacca International Cruise Terminal, part of the Melaka Gateway project, will kick off in three months and is expected for completion in 2017.
PORT KLANG: The setting up of three ports as tourism gateways is set to attract more cruise ship visits and turn the country into a cruise hub, Transport Ministry Secretary-General Datuk Seri Saripuddin Kasim said.
New York: Wall Street closed slightly lower on Tuesday, inching back from an initial selloff that followed deadly attacks in Brussels, as declines in consumer and telecom stocks offset a jump in healthcare shares.
PETALING JAYA: Boustead Holdings Bhd (BHB) has clarified that the RM310mil it paid for the Port Klang Cruise Centre (PKCC) and 69.88 acres of land in Pulau Indah, Selangor was for a few reasons, including scarcity premium for sea-fronting and deep water parcels.
PORT KLANG: Banking on its sunny weather all year round and interesting tourist spots, South-East Asia is becoming one of the preferred destinations for mega-size cruise ships, potentially giving a boost to the tourism industry in the region.
SEOUL: South Korea’s troubled shipbuilding and shipping conglomerate STX Group is considering selling its European assets including its shipyards in France and Finland, a spokesman said Saturday.