Where have all the new orders gone?

Cruise shipbuilders worldwide are anxiously awaiting decisions being made by major cruise lines with regard to the latest trance of newbuildings. However, the global credit crunch seems to have seriously affected certain operators plans, with some yard’s also having to renegotiate on the price of existing contracts. It seems that a number of operators are considering major refits/upgrades as opposed to new ships, good for certain yards, but not the established cruise ship builders. There is some talks that there is a multi-ship order in the offing from Carnival, but the only recent cruise ship order of late has been the six river cruise vessels ordered in Germany by Munich’s Premicon. The short term future for a number of shipyard’s who reply on cruise ship orders looks somewhat bleak! Sphere: Related Content