An emerging trend of compact luxury cruise ships in the marine industry

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

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.

Opportunities for Korean companies in the post-COVID international markets

Opportunities for Korean companies in the post-COVID international markets

4 October 2023 — Amidst the ongoing recovery from COVID-19, the global economy and the intricate web of global supply chains are going through a transformative phase. However, within these shifts lie many opportunities. For Korean enterprises, this phase presents the potential for fresh prospects beyond the borders.

New market entry - best practices and lessons learned

New market entry - best practices and lessons learned

2 February 2023 — In a series of webinars and lectures, we discuss how leveraging a systematic and structured methodology for international expansion and new market entry can increase chances of success.

China ambitions in cruise sets their agenda for full value chain – a potentially lucrative opportunity awaits

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.

China ambitions in cruise sets their agenda for the full value chain

China ambitions in cruise sets their agenda for the full value chain

6 September 2021 — China has been actively moving towards the upstream of the value chain with ambitious plans, leaving the industry pondering what will happen next. In this article we try to shed some light on the implications.

Learning from Northern European companies – green and sustainable management

Learning from Northern European companies – green and sustainable management

1 July 2021 — In this interview with Forbes Korea, Reddal Senior Client Director Dr. Per Stenius discusses the development of sustainable management in Korean companies, drawing on learnings from the Nordic countries.

Business in Europe for Korean companies: mid-pandemic opportunities

Business in Europe for Korean companies: mid-pandemic opportunities

12 October 2020 — COVID-19 is accelerating socio-economic structural changes, supported by policies of European and Korean governments. However, given the magnitude of economic challenges, government actions are not enough.