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Disney to add new ship in Tokyo to expanding cruise business
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Disney to add new ship in Tokyo to expanding cruise business
Jul 9, 2024 12:34 AM

URAYASU, Japan, July 9 (Reuters) - Walt Disney ( DIS )

unveiled plans on Tuesday to launch a new cruise ship that will

set sail from Tokyo starting in 2028, adding a ninth vessel to

the brand's growing fleet.

The new ship, to be modelled after the Wish that is the

largest vessel in the group, is a partnership with Oriental Land

Company ( OLCLF ) , the operator of Tokyo Disneyland. It is part of a

10-year, $60 billion expansion of Disney's ( DIS ) theme parks and

cruise business.

Disney ( DIS ) currently has five cruise ships in operation. In

addition to the Tokyo-based vessel, it has plans for three

others, including one that will set sail from Singapore in 2025.

The ship, whose name was not revealed, will have a maximum

capacity of 4,000 passengers and is expected to bring in about

100 billion yen ($621.77 million) in annual sales within several

years of launch, OLC said.

($1 = 160.8300 yen)

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