Chinese Shipbuilders Tap Rising Cruise Demand, Rattling European Rivals

By Brenda Goh SHANGHAI, July 25 (Reuters) - European shipbuilders' dominance in the $117 billion passengership industry may come under threat as Chinese rivals move into the sector to tap booming local demand for cruise holidays. China's government has earmarked cruise shipbuilding as a major objective in its "Made in China 2025" programme to upgrade its domestic … [Read more...]

Pandas and Beauty Queens Lure Chinese Groups to Cruise Ships

By Bloomberg News (Bloomberg) -- Liu Jing wakes at 7, feeds her 84-year-old mother and two-year-old grandson and then spends the day watching the boy play in the playground, with breaks for meals and his afternoon nap and perhaps a little TV in the evening. That’s not unusual for a Chinese retiree, many of whom play an instrumental role in raising grandkids, but Liu, 57, is … [Read more...]

Carnival Joint Venture to Launch China’s First Domestic Cruise Brand

  Carnival Corporation on Wednesday announced that it has formed a joint venture in China with the intention to the launch the country's first multi-ship domestic cruise brand in the Chinese market. The joint venture was formed with China State Shipbuilding Corporation (CSSC) and China Investment Corporation (CIC). The agreement was formalized during at a signing … [Read more...]

Carnival Expands in China

  Carnival Cruise Line and AIDA Cruises will join sister brands Costa Cruises and Princess Cruises in China in 2017, parent company Carnival Corporation said Tuesday. The move will make Carnival Corp. the first company to operate four brands with at least one cruise ship homeported in the Chinese market. Carnival Corp. says it expects China to eventually become … [Read more...]