Richard Branson eyes cruise ships

accreditation

Frankfurt - British multi-billionaire and founder of the Virgin group, Richard Branson, is looking to move into cruise shipping, he told the German business daily Handelsblatt on Wednesday.

"We want to move into the cruise-shipping business with Virgin in the next few years," Branson said.

"We are already in negotiations with shipyards in Italy and Germany on the construction of big ships for Virgin Cruises," he said, adding that the chances that a German company could win a contract were "very good".

The newspaper quoted industry sources as saying that Branson would invest about $1.7bn in the project.

The ships could be launched by 2019, Branson said.

We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For only R75 per month, you have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today.
Subscribe to News24
Rand - Dollar
14.84
-0.4%
Rand - Pound
20.28
-0.1%
Rand - Euro
17.38
-0.5%
Rand - Aus dollar
10.73
-0.3%
Rand - Yen
0.14
-0.9%
Gold
1,752.47
-0.1%
Silver
22.46
+0.3%
Palladium
1,953.83
-3.2%
Platinum
922.50
-2.3%
Brent Crude
75.34
-0.4%
Top 40
55,430
-2.1%
All Share
61,661
-1.9%
Resource 10
54,749
-3.1%
Industrial 25
80,004
-1.4%
Financial 15
13,831
-1.3%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Voting Booth
What potential restrictions on unvaccinated South Africans may make the biggest difference to public health, the economy?
Please select an option Oops! Something went wrong, please try again later.
Results
Limited access to restaurants and bars
9% - 44 votes
Limited access to shopping centres
18% - 90 votes
Limited access to live events, including sport matches and festivals
28% - 141 votes
Workplace vaccine mandates
46% - 237 votes
Vote