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Cruises

New Cruise Ships Are on the Way, But Cruise Lines Want Even More

Andrew Sheivachman

Photo Caption: A megablock from Anthem of the Seas is put into position at the Meyer Werft shipyard in Papenburg, Germany. The block is approximately 120 meters in length, 41, 4 meters wide and has a height of 60 meters. Meyer Werft

Skift Take

New ships are essential to any cruise line refining its brand identity. From a pure business perspective, it's surprising one of the major cruise lines hasn't purchased part of a shipyard in order to better integrate its ship construction pipeline into its overall operation.

Cruise lines are in the midst of a building boom, but the reality is that cruise ship construction is controlled by a small group of companies. Almost all cruise ship production globally is controlled by four major shipyard holding companies: Fincantieri in Italy, Meyer Werft in Germany, Mitsubishi Heavy Industries of Japan and STX Europe. The consolidation affects how the multi-billion dollar cruise lines can grow and compete in the global cruise marketplace. Cruise companies are forced to sign deals to build ships years

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