ECONOMY

Cruise lines appoint new chief

Pierfrancesco Vago, executive chairman of MSC Cruises, has been appointed to a two-year term as global chairman of the Cruise Lines International Association (CLIA) to become the first European in this position.

Vago will assume the global chairmanship effective immediately, succeeding Adam Goldstein, who recently completed his second term at the helm of CLIA.

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