The cruise industry is rebounding, but not for the companies who build the increasingly elaborate ships. Executives from the major European shipyards say they’re not getting enough orders to keep busy and profitable. Though cruise bookings and prices are up, a flood of new ships is crowding the market, and operators have shown little willingness to buy more ships.
Green Marine
about 16 years ago
Ship builders fear downsizing, or worse, if cruise companies don’t order more vessels
The cruise industry is rebounding, but not for the companies who build the increasingly elaborate ships. Executives from the major European shipyards say they’re not getting enough orders to keep busy and profitable. Though cruise bookings and prices are up, a flood of new ships is crowding the mark
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