Following a Memorandum of Understanding (MoU) signed in April 2019, the two companies will now set up a joint venture focusing on the Chinese source market, including operating a fleet of China-flagged ships offering coastal cruises.
Viking Sun to fly China flag
Viking Sun will be the first vessel to join the new jv hoisting the China flag and launching domestic itineraries in 2021. Under cabotage rules only China-flagged ships can sail between mainland ports.
‘To jointly invest in and establish a five-starred red flag cruise fleet is in line with China’s cruise industry development plans, especially high-end cruise products, which has a bright prospect,’ said Xu Yongju, chairman of China Merchants Shekou, the city development and asset resources management platform of China Merchants Group.
New travel experience
The China coastal cruising products that we are developing will bring a new travel experience to the China market,