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Monday, December 1, 2014

BRIEF-Fincantieri signs cruise shipbuilding agreements with Carnival and CSSC for Chinese market, (NYSE: CCL)

Fincantieri SpA : * Signs two memorandums of understanding with Carnival Corporation and China CSSC Holdings Limited, a unit of China State Shipbuilding Corporation (CSSC)* Signs agreements to explore possibility of JV in cruise shipbuilding for Chinese market* Says would work with CSSC to develop cruise ships production capacity in China* Says Carnival to work closely with CSSC and Fincantieri contributing specifications for China-built cruise ships Source text for Eikon: Further company coverage: (Gdynia Newsroom)

Carnival Corporation is a cruise company. The Company operates in two segments: North America and Europe, Australia & Asia (EAA). Shares of CCL traded higher by 4.84% or $2.04/share to $44.16. In the past year, the shares have traded as low as $33.11 and as high as $44.44. On average, 4967730 shares of CCL exchange hands on a given day and today's volume is recorded at 4318261.