British cruise giants P&O PRINCESS CRUISES PLC ($2.45 billion turnover in 200/2001 financial year) and ROYAL CARIBBEAN CRUISES LTD ($3.13 billion turnover in 2000/2001 financial year) have announced they are to merge to form a new world leader in the cruise holiday industry, toppling the current world leader CARNIVAL CORP. The merger will have a market value of around $6 billion, a fleet of 41ships (a total of 75,000 berths) and 3 million clients. Following the merger, P&O PRINCESS...