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Tui seeking partners to finance Marella Cruises ships

Operators
Jennifer Morris
10 December 2020

 Tui Group has confirmed it is seeking partners to finance new Marella Cruises ships.

Marella cited the 'ongoing uncertainty with international cruising' for the latest round of cancellations

Speaking on a full-year financial results call this morning, Tui chief executive Fritz Joussen said the financing structure for its line Marella “will go off balance sheet”, similar to its strategy for Hapag-Lloyd Cruises.

Joussen insisted for Marella customers “nothing will change”.
 

“We will get partners – either existing or new – to finance new ships,” he clarified.