Earlier today the government of Finland announced that it would loan STX shipyard in Turku $28 million euros to build Royal Caribbean's third Oasis-class cruise ship. STX Finland says the loan is not enough and the shipyard is likely to lose the order to STX Europe in France.
Jari Aalto says the shipyard needs more money than the Finnish government has loaned, "We would have needed the 50 million euro loan."
Aalto says that STX Europe in France has a better loan to offer Royal Caribbean.
The Finnish Metalworkers' Union also expressed disappointment at the decision. It said a potential order loss now could harm the shipyard’s ability to attract customers in the future.
In addition, the report from this Finnish web site claims the government loan is 44 million euros, compared to the earlier report of 28 million.
