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Korean media: Chinese shipping companies encroach on cruise market

The most representative of the high value-added ship - cruise market development and prosperity, China is accelerating the pace of entry. On the contrary, to STX shipbuilding marine sale of all cruise shipyard as the representative, South Korea is constantly abandoning the marine complete sets of equipment and high-yield business.

From January to August this year, the global cruise ship cumulative orders for 23, an increase of 49%. At the same time, the VLCC order was 32, and the order for the AFRAMAX ship was 38. In contrast, although the number of cruise ships less, but its order amount reached $ 15.6 billion, accounting for about 40% of the overall.

Reported that China is accelerating into the huge cruise market, especially this year has made remarkable achievements. February to get the amount of 1.5 billion US dollars of the cruise orders in March and successfully received 11 cruise orders, is slowly "eroded" previously monopolized by the European market.

On the contrary, South Korea STX shipbuilding ocean will be its STX France, STX Finland and other cruise shipyard all sold. From January to August this year, STX France's order volume of 11 (10 billion US dollars), is nearly a decade of the best performance. The original STX Finland also took out eight cruise ship good results. STX Group in 2014 suffered a crisis, the creditor group in the same year to sell STX European shipyard. STX Finland was sold to Germany in 2014, STX France will soon be sold to the Italian side.

"In addition to STX shipbuilding 's original subsidiary in Europe, South Korea has hardly entered a shipbuilding company in the cruise market, and the creditors are too eager to sell their subsidiaries, but they are still competitive," said the South Korean shipbuilding industry.

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