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CSSC Carnival Cruise Shipping
Adora Cruises (CSSC Carnival Cruise Shipping) is a Chinese-British-American cruise line that was scheduled to begin operation in 2020, but was delayed due to COVID-19 pandemic. History CSSC Carnival was founded in October 2015 as a joint venture, worth about $4 billion over ten years, between British-American cruise line Carnival Corporation & plc, Chinese sovereign wealth fund China Investment Corporation, and Chinese shipbuilder China State Shipbuilding Corporation (CSSC). CSSC Carnival is headquartered in Hong Kong and is majority owned by the Chinese shareholders, which collectively own 60% of the company, with Carnival holding the remainder. In September 2016, the company announced plans to order two new ships, with options for two more, with deliveries planned to begin in 2022. In February 2017, two more options were added to the order, and it was announced that the vessels would be built at the Shanghai Waigaoqiao Shipbuilding Company through a joint venture between CSSC, ...
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Cruise Line
A cruise line is a company that operates cruise ships that operate on ocean or rivers and which markets cruises to the public. Cruise lines are distinct from passenger lines which are primarily concerned with transportation of passengers. Though cruise packages provided by cruise lines vary, there are some features most have in common, such as accommodation, all meals and entertainment. They may include alcohol and shore excursions, sometimes on additional payment. Among cruise lines, some are direct descendants of the traditional passenger lines, while others were founded since the 1960s specifically for cruising. The business has been extremely volatile; the ships are massive capital expenditures with very high operating costs, and a slight dip in bookings can easily put a company out of business. Cruise lines frequently sell, renovate, or simply rename their ships just to keep up with travel trends. A wave of failures and consolidations in the 1990s has led to many companies ...
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COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets and ...
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Carnival Corporation & Plc
Carnival Corporation & plc is a British-American cruise operator with a combined fleet of over 100 vessels across 10 cruise line brands. A dual-listed company, Carnival is composed of two companies – Panama-incorporated, US-headquartered Carnival Corporation, and UK-based Carnival plc – which function as one entity. Carnival Corporation is listed on the New York Stock Exchange, whereas Carnival plc is listed on the London Stock Exchange with an American depositary receipt, ADR listing on the NYSE. Carnival is listed in both the S&P 500 and FTSE 250 indices. The American entity Carnival Corporation has headquarters in the United States, with operational headquarters located in the city of Doral, Florida. The UK entity Carnival plc is based in Southampton. History Carnival Corporation was founded as Carnival Cruise Line in 1972. The company grew steadily throughout the 1970s and 1980s, making an initial public offering on the New York Stock Exchange in 1987. The capital gener ...
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China Investment Corporation
China Investment Corporation (CIC) (Chinese: 中国投资有限责任公司; pinyin: ''zhōngguó tóuzī yǒuxiàn zérèn gōngsī'') is a sovereign wealth fund that manages part of the People's Republic of China's foreign exchange reserves. China's largest sovereign wealth fund, CIC was established in 2007 with about US$200 billion of assets under management, a number that grew to US$941 billion in 2017 and US$1.2 trillion in 2021. History As of 2007, the People's Republic of China has US$1.4 trillion in currency reserves. (By 2013, US$3.44 trillion.China Investment Corporation Profile
Sovereign Wealth Fund Institute. July 2, 2008. Retrieved August 27, 2013.
) The China Investment Corporation was established with the intent of using these reserves for the benefit of the state, modeled a ...
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China State Shipbuilding Corporation
The China State Shipbuilding Corporation (CSSC) is a Chinese shipbuilding conglomerate. Description CSSC is one of the top 10 defence groups in China. It consists of various shipyards, equipment manufacturers, research institutes and shipbuilding-related companies that build both civilian and military ships. It owns some of the most well known shipbuilders in China, such as Dalian Shipbuilding Industry Company, Jiangnan Shipyard, Hudong–Zhonghua Shipbuilding, Guangzhou Huangpu Shipbuilding and Guangzhou Wenchong Shipyard. Its subsidiary, China CSSC Holdings Limited (), is listed on the Shanghai Stock Exchange, and in turn owns other subsidiaries including Shanghai Waigaoqiao Shipbuilding. History Early developments In 1964, the Sixth Ministry of Machine Building was createdCollins and Grubb, pg. 6 to oversee China's shipbuilding enterprises, which were predominantly engaged in military work.Medeiros et al., pg. 113 In July 1982,Collins and Grubb, pg. 7 as part of defence ...
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Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta in South China. With 7.5 million residents of various nationalities in a territory, Hong Kong is one of the most densely populated places in the world. Hong Kong is also a major global financial centre and one of the most developed cities in the world. Hong Kong was established as a colony of the British Empire after the Qing Empire ceded Hong Kong Island from Xin'an County at the end of the First Opium War in 1841 then again in 1842.. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898... British Hong Kong was occupied by Imperial Japan from 1941 to 1945 during World War II; British administration resume ...
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Shanghai Waigaoqiao Shipbuilding Company
Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flowing through it. With a population of 24.89 million as of 2021, Shanghai is the most populous urban area in China with 39,300,000 inhabitants living in the Shanghai metropolitan area, the second most populous city proper in the world (after Chongqing) and the only city in East Asia with a GDP greater than its corresponding capital. Shanghai ranks second among the administrative divisions of Mainland China in human development index (after Beijing). As of 2018, the Greater Shanghai metropolitan area was estimated to produce a gross metropolitan product (nominal) of nearly 9.1 trillion RMB ($1.33 trillion), exceeding that of Mexico with GDP of $1.22 trillion, the 15th largest in the world. Shanghai is one of the world's major centers for fin ...
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Fincantieri
Fincantieri S.p.A. () is an Italian shipbuilding company based in Trieste, Italy. Already the largest shipbuilder in Europe, after the acquisition of Vard in 2013, Fincantieri group doubled in size to become the fourth largest in the world (2014). The company builds both commercial and military vessels. The company is listed on the Borsa Italiana (Milan Stock Exchange) and is a component of FTSE Italia Mid Cap Index. Overview Fincantieri designs and builds merchant vessels, passenger ships, offshore, and naval vessels, and is also active in the conversion and ship repair sectors. The company also owned Grandi Motori Trieste, which constructed marine diesel engines, but this was sold to Wärtsilä in 1999. Founded in 1959 as Società Finanziaria Cantieri Navali – Fincantieri S.p.A. as a State financial holding company, part of Istituto per la Ricostruzione Industriale, IRI, the company became a separate entity in 1984. Fincantieri employs a staff of about 10,000 workers at e ...
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Costa Cruises
Società per Azioni, S.p.A. (), operating as Costa Cruises, is an Italian cruise line founded in 1854 and organized as a wholly owned subsidiary of Carnival Corporation & plc since 2000. Based in Genoa, Genoa, Italy, the cruise line primarily caters to the Italian cruise market, but the company's 11 ships, which all sail under the Italian flag, provide itineraries sailing to countries globally.Company profile
." Costa Cruises. Retrieved on January 20, 2010.


History


Costa Line

Founded in Genoa in 1854 by Giacomo Costa (1836-1916) as Giacomo Costa fu Andrea, the company originally operated cargo ships, carrying olive oils and textiles. In 1924, the company was passed to the founder's sons (Federico, Eugenio and Enrico) and start ...
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Costa Atlantica
''Costa Atlantica'' is a owned and operated by Adora Cruises. She was built in 2000 by the Kvaerner Masa-Yards Helsinki New Shipyard in Helsinki, Finland. ''Costa Atlantica'' was sold to CSSC Carnival Cruise Shipping in late 2019. Design and construction ''Costa Atlantica'' was unveiled in 2000, the ship is one of four Costa ships built during the 2000s that are designed with magrodome-covered pool areas with other features that allow for travel to a wide array of destinations. The ship also has the same platform as sister line Carnival's four Spirit-class ships like . The ship is 85,619 tons with a capacity for 2,114 passengers with a length of and a maximum breadth. Each passenger deck on ''Costa Atlantica'' is named after a movie by the Italian director Federico Fellini. She is decorated with Carrara marble, Murano glass accents, and in-laid mosaic tile along with . She also replicates Venice's Caffè Florian. CSSC Carnival Cruise Shipping Ltd received its ship on 12 J ...
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Costa Mediterranea
''Costa Mediterranea'' is a operated by Adora Cruises. She was constructed at the Kvaerner Masa-Yards Helsinki New Shipyard, Finland at a cost of over €400 million. Like sister ship , her design was derived from Carnival Cruise Line's ''Spirit''-class ships, , , , and . On June 16, 2003 she departed on her maiden voyage from Genoa to Spain and Portugal. The twelve decks are named after mythological and historical characters: Circe, Tersicore, Bacco, Teseo, Orfeo, Narciso, Prometeo, Pegaso, Armonia, Cleopatra, Pandora and Medea. In 2021, ''Costa Mediterranea'' was transferred to CSSC Carnival Cruise Shipping. Refurbishment ''Costa Mediterranea'' was dry docked for a €4 million refurbishment at the Fincantieri shipyard in Palermo from November 21, 2013 to December 4, 2013. Ports of call On 10 September 2008 ''Costa Mediterranea'' was the first ship make a port call to the Passenger Port of St. Petersburg in Saint Petersburg, Russia. References External links * Off ...
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Vista-class Cruise Ship (Carnival)
The ''Vista'' class is a class of cruise ships built by Fincantieri in Italy. The ships are operated by the Carnival Cruise Line, Costa Crociere, and Adora Cruises divisions of Carnival Corporation & plc. The ship's design is based on the design of Carnival's ''Dream-''class fleet of ships, but with a different stern and main atrium. The length was increased an additional 56-58 ft on the Vista-Class ships, compared to the ''Dream-''class. History was constructed in the Fincantieri shipyard of Monfalcone (Gorizia) and was delivered in April 2016. The first steel for the ship was cut in late February 2014, and the keel was laid in October 2014. The Carnival Vista Coin Ceremony/Float out was done in June 2015, with the ship being delivered on April 28, 2016. ''Carnival Vista'' features outdoor spots like Havana Bar & Pool, a ropes course, mini golf, SkyRide at SportSquare (an -long track suspended around its top deck that passengers can circle in pedal-powered capsules), ...
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