Malaysia's Genting group bought shipyards in Wismar, Warnemünde and Stralsund for 230 Million euros in 2016 and is building luxury cruise liners in eastern Germany aimed at the booming Asian market.
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German cruise company TUI Cruises wants to be climate neutral by 2050. But with many emission-cutting technologies still in their infancy, how is it planning to get there?
Strict travel restrictions still apply in Germany, and the traditional spring vacations have largely been canceled. The chances for the summer are much better.
The builder of luxury cruise ships is struggling to stay afloat after the global health emergency decimated the tourism industry. The shipyard needs to save €1.2 billion over the next five years.
A cruise ship has set sail from a German port for the first time since the COVID-19 outbreak slammed the travel industry. Guests will spend a weekend at sea with no stops on land.
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