Shipyards fear drought of cruise orders
As Cunard prepare for the keel-laying ceremony for their new liner, Queen Elizabeth, in Italy tomorrow shipyard boss Paolo Capobianco is warning that a drought of orders for new cruise ships after 2012 is causing concern in the industry. Cruise lines have been ordering new vessels at record rates over the past few years, and according to the Passenger Shipping Association, 39 are scheduled for delivery in the next three years. But the global economic situation has already caused giants such as Carnival Cruises, Royal Caribbean, and Norwegian Cruise Lines to pause and take stock. NCL, for example, had intended [...]