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Costa Crociere CEO Honored

Maritime Activity Reports, Inc.

December 3, 2007

Pier Luigi Foschi, Chairman and CEO Costa Crociere, has been listed in the "Club 33" the list of the 33 most important and influencial people in global travel industry published by Travel Weekly magazine. Mr. Foschi’s brief profile reported by the magazine states: "He's not well know in the US but he's a global powerhouse the man behind Carnival Corp’s international expansion plans. He heads the first major cruise line venture in mainland China and obtained the first license to base an international cruise ship in Beijing. (He also was the first to port in Dubai and Mauritius) - both realized with Costa Crociere – He will be at the helm of Carnival’s new joint venture in Spain, and he had been pegged to run the TUI joint venture in Germany before that project ran into regulatory difficulties. Costa is already king of Mediterranean, the most profitable area in the world and Foschi has 5 additional ships on order for Costa. With Foschi running the show, his rivals are left scrambling to try to keep up".

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