Governance reform to accelerate SMEs’ growth in Korea
13 January 2025 — The Korean industrial ecosystem needs to reduce its excessive reliance on conglomerates and enhance the independence of SMEs. This shift would benefit individual companies and contribute to the value enhancement of the Korean economy.
Unlocking opportunities and overcoming challenges for SMEs expanding to the UAE market
18 November 2024 — UAE’s economic diversification is opening opportunities for SMEs, backed by a favorable business environment. This article explores key sectors, considerations, and challenges. Explore what it takes to succeed in this dynamic market.
China's landmark for the shipbuilding sector with its first cruise ship setting sail
15 January 2024 — Adora Magic City, China's first domestically built cruise ship, completed its first commercial voyage. As the vessel set sail, it signified China's capability to build mega-cruise ship and marked a significant milestone in the nation's maritime ambitions.
An emerging trend of compact luxury cruise ships in the marine industry
6 November 2023 — Several new cruise lines are adopting an underdog strategy, deviating from the trend of launching increasingly larger cruise ships with up to 10 000 people in passenger capacity. While giant ships are a short-term "cash cow" for operators, smaller ships are believed to have distinct long-term advantages.
China built its first cruise ship, initiating an ambitious plan to take a share of the multi-billion industry
6 October 2023 — After 3 years of hiatus caused by the COVID-19 restrictions, international cruise lines can now resume sailings from China. However, China has moved forward on a 10-year plan with its own cruise line, with the ambition to become a key player in this multi-billion-dollar industry.
China ambitions in cruise sets their agenda for full value chain – a potentially lucrative opportunity awaits
22 December 2021 — Reddal was invited as a speaker to the Finnish Marine Industries Association (Meriteollisuus ry) international business session. We presented an update on the cruise ecosystem development in China, including views on cruise tourism, cruise ship building, and short- to mid-term opportunities.