Tui Cruises Orders Two More from STX Europe

TUI Cruises announced today the order for two new ships from STX Europe's shipyard in Turku, Finland. The ships will be sister vessels of two other ships ordered in 2012, the first of which is expected to be delivered this year. The 99,300 gross ton cruise ships will measure approximately 294 meters long by 36 meters wide. They will have 1,250 staterooms, serve 2,500 … [Read more...]

France Ready to Cancel Russia Ship Sale

By Gregory Viscusi and Helene Fouquet July 22 (Bloomberg) -- French President Francois Hollande said he’s prepared to cancel the sale of a second Mistral helicopter carrier ship to Russia if the European Union decides to expand its sanctions against Russia. The second ship, due in 2016, hasn’t yet been paid for, making it possible to withhold the sale if the EU agrees to … [Read more...]

Meyer Werft and Finnish Government Plan to Buy STX Finland’s Turku Shipyard

HELSINKI, June 30 (Reuters) - Germany's closely held Meyer Werft and the Finnish government are nearing a deal to buy the Turku shipyard in southwestern Finland from STX Europe , the Finnish economy ministry said on Monday. STX Europe belongs to Korean STX. The Turku shipyard specialises in building cruise ships and has suffered from a lack of orders in recent years. STX … [Read more...]