TUI and Royal Caribbean Cruises are plotting new ship orders after taking over Hapag-Lloyd Cruises in a €1.2bn ($1.31bn) deal.
Hapag-Lloyd Cruises, with five operational vessels, is being transferred to TUI Cruises, the 50:50 joint venture between the German tourism giant and the US cruise major.
The deal will allow it to focus on growth and synergies, the companies said.
