| Korean cruise plan

Korea’s Hyundai Merchant
Marine is understood to be close
to purchasing a second-hand
cruise ship, according to the
Korea JoongAng Daily newspaper.
The company is looking to sail
the vessel between China and
South Korea as well as other
destinations, with the price listed
at about US$166 million.
The report says the vessel will

on board as well as a K-Pop
concert and visits to destinations
on Jeju Island where famous
Korean TV shows were made.
A US hotel management
company is also expected to join
the venture as an investor.