AP News

Carnival names Costa chairman to run Asia business

MILAN (AP) — The chairman of Italian company Costa Cruises has been appointed to oversee the U.S. parent company's growing business in Asia.

Carnival Corp. announced Pier Luigi Foschi's appointment Wednesday. Foschi retired in July as CEO of Costa, which owns the Concordia cruise ship that capsized off of Tuscany in January with more than 4,000 people on board. Thirty-two people died.

Carnival said Foschi will retain his posts at Costa, while opening Carnival offices in Singapore. Foschi previously was based in Asia for the Otis Elevator Company.

In Asia, Carnival operates two Costa ships from China and Singapore, and is set to launch the Princess Cruises' Sun Princess from Japan next spring.

Carnival, the world's largest cruise company, operates 100 ships under 10 brands.

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