Independent journal on economy and transport policy
01:20 GMT+2
Festival increases newbuilding sizes
(Marine Log)
October 20, 1999
Festival Cruises has signed an agreement with Chantiers de l'Atlantique to enlarge two cruise ships ordered from the French shipbuilder earlier this year. At the same time, the two sides have also entered a memorandum of understanding granting Festival the right to contract a pair of even larger cruise liners from the yard, for delivery in 2003 and 2004.
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