Advertisement

Korean Yard Buys Into Aker

The STX Group has paid $800 million for a 39.2 percent interest in Aker Yards, making the Korean company the single largest shareholder in the Norwegian-based shipbuilding company. The purchase is seen as a move for the Koreans to move into the cruise-ship building sector as competition for other types of ships heats up with Chinese builders. STX is the fifth largest South Korean shipbuilder. Aker Yards has nine cruise ships under construction at its facilities in Finland and France.

Cruise Industry News Email Alerts

Email Newsletter

Get the latest breaking cruise news. Sign up.

Cruise Ship Orderbook

120 Ships | 261,852 Berths | $69 Billion | View

New 2019 Annual Report

CIN Annual Report

In This Edition:

2027 Projections

Global Outlook

North America

Europe

Asia/Pacific

Fleet Data

Market Reports