Finnvera underwrites construction of world's largest cruise ship

(Reuters, Oslo/Helsinki, 6 Feb. 2006) Norwegian shipbuilder Aker Yards has won the biggest ever commercial ship order, clinching a 900 million euros ($1.1 billion) order from U.S.-Norwegian Royal Caribbean Cruises for a huge new cruise ship to be built in Aker's Turku yard in Finland. The deal depends on purchase and credit guarantees, in which Finnish export credit agency Finnvera and the Finnish state have a central role.