Fincantieri, HRDD to Jointly Repair Cruise Ships in China

Image Courtesy: Fincantieri

Italian shipbuilder Fincantieri and Shanghai-based shipyard Huarun Dadong Dockyard (HRDD) have signed a cooperation agreement in the field of ship repair and conversions aimed at serving the cruise ships based in China.

The deal, which includes the development of technical skills, project management, and logistics procedures, will support the emerging Chinese cruise sector and foreign cruise companies which will operate in this market.

Fincantieri said that the Chinese Ministry of Transport (MOT) expects China to become the second largest global cruise market after the U.S. in the next several years based on economic growth, increased spending power of Chinese consumers and internal demand in this sector.

China could see 4.5 million cruise passengers by 2020, according to the MOT, and exceed 10 million within 20 years. This expansion could require more than 100 passenger ships.

Between 2013 and 2015 the number of ships deployed in Asia was increased by 10%, reaching 52 units of 26 brands, with an offer of 1,065 cruises.

Share this article

Follow World Maritime News

In Depth>


<< Mar 2018 >>
26 27 28 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

Singapore Maritime Technology Conference and Exhibition (SMTC) 2018

The 3rd Singapore Maritime Technology Conference and Exhibition (SMTC) 2018 is organized by the Maritime and Port Authority of Singapore…

read more >

Shippax Ferry Conference 2018

The two-day onboard ferry conference was first organized in 2003 and grows ever more popular with some 400 delegates from over 40 ferry…

read more >

8th Dredging & Land Reclamation World Summit 2018

The 8th Dredging and Land Reclamation Summit 2018 will gather the decision makers from Authorities and Operators responsible for ports…

read more >

Shipping 360

This course is ideal for those who have recently joined the maritime sector and those who need to have a better understanding…

read more >