Genting Hong Kong will plough an extra EUR 100m ($110m) into a trio of German shipyards it snapped up earlier this year.
The Malaysian group will inject the cash into the former Nordic Yards owned facilities in what marks a continued drive in European shipbuilding.
KT Lim, chief executive of Genting, says the yards, renamed MV Werften, will be turned into one of the most modern and efficient cruise shipbuilding facilities.
