Export Import Bank of China (CExim) is guaranteeing CSSC-Fincantieri Cruise Industry Development Co Ltd to the tune of EUR 33m ($38m) to back its acquisition of rights to shipbuilding technology.
The deal involves the design technology behind the series of Vista-class 133,000-gt cruiseships to be built for Carnival Cruise Line at Shanghai Waigaoqiao Shipbuilding (SWS) by Fincantieri in collaboration with the China State Shipbuilding Corp (CSSC) owned yard.
