When Irish Continental Group (ICG) announced plans to invest €165.2m ($205m) in a new cruise ferry, it marked another milestone for Germany’s Flensburger Schiffbau-Gesellschaft (FSG) in its strategic repositioning in the market.
The cruise ferry, accommodating 1,800 passengers and crew, helps establish FSG as another significant player in the German passengership construction market, which is led by cruiseship specialist Meyer Werft and now MV Werften.
