ved Hurricane Luis on a westbound Atlantic crossing and was hit by a 95-foot wave in 1995. Palm Jumeirah lstithmar had planned to move the ship to the Palm Jumeirah, an artificial island shaped like a palm tree off the coast of Dubai. However, it will now stay at Port Rashid, where ifs currently moored, as part

e market. Last year in Dubai, state-owned China State Construction Engineering Corp. bought an undisclosed stake in the $1 billion Viceroy Hotel on the Palm Jumeirah. It created a joint-venture development company with Dubai-based developer SKAI Holdings to build and manage the project, and helped the venture wi

e market. Last year in Dubai, state-owned China State Cons=ruction Engineering Corp. bought an undisclosed stake in the $1 billion Vic=roy Hotel on the Palm Jumeirah. It created a joint-venture development comp=ny with Dubai-based developer SKAI Holdings to build and manage the project= and helped the venture win