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Britain#8217;s PO Princess Cruises Plc has formally backed a £3.3bil merger with sector leader Carnival after it broke ties with former merger partner Royal Caribbean last week.
IT'S romantic, leisurely, sunny, and most importantly, takes place on the open ocean. It's a cruise vacation, and it's growing popular among Chinese tourists.
The U.S. economy, which was showing tentative early signs of a recovery, faces a potentially grave new threat: swine flu. A widespread outbreak could batter the tourism, food and transportation industries in particular, deepening the recession in the U.S. and possibly worldwide
HELSINKI: It's five times larger than the Titanic, has seven neighborhoods, an ice rink, a golf course and a 750-seat outdoor amphitheater. The world's largest cruise ship is finally finished and beginning to glide toward its home port in Florida.
CHICAGO: Corporate America is back.Companies that do everything from making appliances to selling cruises are reporting strong first-quarter profits - not because of the layoffs many of them used to dress up last year's earnings reports but because people are spending more.
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.
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.