Ship&Offshore | Issue 06/2014
Shipbuilding focuses on cruise and specialised vessels
REVIEW Orders for new ships are picking up again for Chinese shipbuilders – particularly the bigger yards – bringing stronger earnings compared with a year ago. The main focus besides cruise ships, which hold strong promise, is on specialised vessels as well as the equipment market. The following review by Ciyuan Feng and Tao Yan from the Shanghai Marine Equipment Research Institute, summarises recent key developments.