Chinese lease finance houses face stalemate in an effort to provide financing for a $5bn Norwegian Cruise Line (NCL) order at Fincantieri and the two most recent ships in a smaller series that Viking Ocean Cruises has contracted with the Italian yard.
TradeWinds understands that the two cruiseship owners have been in talks with practically all the principal names in ship leasing but have stepped back from any deal as the Chinese financiers find their financial capacity strained and also struggle to be competitive on pricing.
