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December 2012 Edition

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Finnish government says no to Oasis financial package proposal

 
The Finnish government has reportedly rejected a financial package presented to it that would have meant the government granting a loan to STX Finland so that it could build a third Oasis class ship for Royal Caribbean International. Talks are underway regarding a new proposal, the Ilta-Sanomat daily reports.

The rejected proposal would have meant that the Finnish government should have granted a loan under the terms of equity finance to STX Finland, which is part of the STX Europe shipbuilding unit in the South Korean STX Business Group, the report said.

STX Finland’s Turku shipyard built the two Oasis class vessels of Royal Caribbean that are currently in service. The company said last month it planned to place an order for a third 226,000 gross ton vessel, hopefully before the end of this year

 
   
 

   
 

   
 

   
 

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