PACIFIC MARITIME MAGAZINE
A Record Number of Cruise Ships on Order
By Jim Shaw
Cruise ship owners continue to be among the more optimistic of vessel buyers in the maritime sector where owners of container ships and bulk carriers have fallen on hard times and a glut in tankers is appearing on the horizon. Driving much of the optimism is China and its growing middle-class, which is now seeing cruising as a worthwhile holiday vacation. Cuba has also been opened, and it’s on the doorstep of the world’s largest existing cruising population. Another rapidly emerging market is expedition-type cruising – taking passengers… MORE
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