It’s a Bad Time to Build Ships—Unless They Are Cruise Ships
The world’s top shipbuilders are reeling from years of heavy losses, but two European companies are making big money by cornering the lucrative cruise business. Italy’s Fincantieri S.p.A and Germany’s Meyer Werft GmbH are fully booked for the next four years, according to the companies and marine-data provider Clarksons. (wsj.com)
