Wärtsilä and Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world’s largest cruise company, announced today that they have signed a comprehensive, 12-year agreement
Agreement strengthens their existing partnership and joint continuous improvement efforts to maintain the highest possible levels for cruise ship safety and reliability. The performance-based agreement provides for shared financial incentives and exposure based on outcomes for both companies. The value of the long-term agreement is approximately EUR 900 million.
