With China’s first cruise ship delivered, unit of CSSC calls for Shanghai-based supply chain as it chases more orders


Shanghai Waigaoqiao Shipbuilding, which delivered mainland China’s first self-built cruise ship last month, is looking to establish a local supply chain as it pursues orders for more giant pleasure vessels to reinforce its position in a sector that is seen as a crown jewel of the manufacturing industry.

After garnering skills and experience building two cruise ships, Waigaoqiao will be confident pursuing more orders with support from local authorities and its parent company, the world’s largest shipbuilder China State Shipbuilding Corporation (CSSC), Zhou Xi, deputy general manager told the Post on Wednesday.

The shipbuilder plans to begin final assembly of its second cruise ship, code-named H1509, in April next year, before delivering it to operator CSSC-Carnival, a joint venture between its parent and the US-based cruise company Carnival, in 2026.

“After we deliver the second ship, we will certainly look for opportunities on the market,” he said on the sidelines of Marintec China, a trade fair taking place in Shanghai. “We feel comfortable in chasing more orders.”

02:19

China’s first home-grown large cruise ship set to begin sea trials

China’s first home-grown large cruise ship set to begin sea trials

Adora Magic City, the first cruise ship assembled by Waigaoqiao, will set sail and start operations on January 1. It is also operated by CSSC-Carnival.

Waigaoqiao began constructing the Magic City in October 2019 and started building H1509 in August 2022.

The company said that the 323-metre-long Magic City required 20 times more worker hours to build than a so-called Capesize shipping vessel – the largest class of bulk ship that can carry any type of cargo. With a gross tonnage of 135,500, it can carry as many as 5,246 passengers.

How shipbuilder’s floating wind turbine will help China reduce carbon emissions

Only 40 per cent of the parts on the first ship came from Chinese companies, Zhou said, adding that more supply-chain firms from home and abroad are welcome to set up production facilities in Shanghai to form a complete ecosystem.

“It will be beneficial to leading Chinese and international supply-chain vendors if they decide to localise their research and development as well as production in Shanghai,” he said. “We will delve into cruise-ship building business with support from local authorities and our parent firm.”

Shipbuilding is one of the 10 core technologies included in Beijing’s “Made in China 2025” industrial strategy, an ambitious plan that aims to help the country catch up with global leaders in 10 key industrial sectors, including robotics, semiconductor chips and new-energy vehicles.

Climate change: China should use biofuel in ships instead of exporting it

Shanghai, the mainland’s commercial and financial capital, was Asia’s largest port for cruise lines before the coronavirus pandemic, with 2.5 million cruise passengers landing in or departing from Shanghai in 2019, according to customs data.

Beijing’s zero-Covid policy nearly crippled the city’s cruise industry, but the Ministry of Transport published an operating guide at the end of March to resume and promote cruise services in Shanghai as well as other cruise hubs like Shenzhen.

“The cruise business has not returned to normal despite the reopening from the pandemic early this year,” said Zheng Honggang, CEO of Shanghai-based Kate Travel Agency. “It is highly anticipated that China’s own cruise vessel will inject vigour into the market next year.”



Source link

Visited 2 times, 1 visit(s) today

Related Article

Sussex crime news query ChatGPT

AI answer engines often bypass local news outlets

Sussex crime news query ChatGPT Research has shown that popular AI chatbots such as ChatGPT and Google Gemini often ignore local publishers, even on queries about local issues such as council decisions and crime. The research by AI search visibility specialists Searchable found that ChatGPT cites national newspapers (18.8%) almost as much as local ones

Medicare Advantage plan cuts: United, Humana reduce benefits for 1 million

Health insurance giants are cutting back on benefits to maximize their profit.  UnitedHealthcare and Humana — the two largest private health insurance companies for older adults in the US — are canceling several Medicare Advantage plans, affecting nearly 1 million people. The two major health insurers are ending specific plans in areas where they make

Horizon Robotics Officially Lists on the Hong Kong Stock Exchange | 主頁 – 新聞

HONG KONG, Oct. 24, 2024 /PRNewswire/ — Horizon Robotics (HKEX: 9660), a leading provider of advanced driver assistance systems (ADAS) and autonomous driving (AD) solutions for passenger vehicles, today officially listed on the Main Board of the Hong Kong Stock Exchange. Horizon Robotics is a key enabler for the smart vehicle transformation and commercialization with

France Reports First Ever Case Of Human Shamonda Virus, 1 Dead

France Reports First Ever Case Of Human Shamonda Virus, 1 Dead

The patient suffering from the virus has died. (Representational Image) Paris: French health authorities said Thursday that the Shamonda virus, which usually affects livestock, had been detected in a human for the first time, in a severely immunocompromised patient who died earlier this month. “Despite circulating in Africa and Asia for several decades, the Shamonda

Futu Q2 Earnings Call Highlights — TradingView新聞

Futu FUTU reported higher second-quarter revenue and profit as trading activity, client assets and funded accounts increased, supported by strong U.S. equity interest, Hong Kong IPO activity and growth across overseas markets. Total revenue for the second quarter rose 36% year over year to HK$7.2 billion, while net income increased 42% to HK$3.6 billion. Net

Hang Seng Tech Slides 3.4% on China Internet Tax Fears — TradingView News

Baidu Announces Results of Extraordinary General Meeting — TradingView新聞

BEIJING, Aug. 26, 2026 /PRNewswire/ — Baidu, Inc. (Nasdaq: BIDU; 9888 (HKD Counter) and 89888 (RMB Counter)) (“Baidu” or the “Company”), a leading AI company with strong Internet foundation, today announced that its extraordinary general meeting of shareholders (the “EGM”) was held in Beijing today and all the proposed resolutions set out in the notice

Video: Hong Kong Has A Train That Turns 4-Min Journey Into An Underwater Adventure

Ever thought about what it feels like to travel beneath the sea? At Ocean Park Hong Kong, travellers can experience something similar aboard the Ocean Express, a submarine-themed train that takes them through a 1.3-kilometre tunnel in just four minutes. Scroll down to learn more. Inside Hong Kong’s Underwater Ocean Express Train Connecting the Waterfront

Noah Holdings Limited Announces Changes to the Board and Board Committees — TradingView新聞

SINGAPORE, Aug. 28, 2026 /PRNewswire/ — Noah Holdings Limited (the “Company” or “Noah”) (NYSE: NOAH and 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for global Chinese high-net-worth investors, today announced changes to its board of directors (the “Board”) and the composition of its Board

Unlocking APAC Semiconductor Bottleneck Opportunities: CSOP Solactive Asia AI Bottleneck Index ETF to List on HKEX tomorrow | 主頁 – 新聞

HONG KONG, Sept. 16, 2026 /PRNewswire/ — CSOP Solactive Asia AI Bottleneck Index ETF (3499.HK) will list on HKEX tomorrow (17th September 2026). 3499.HK seeks to provide investment results that, before deduction of fees and expenses, closely correspond to the performance of Solactive Asia AI Bottleneck Index (net total return version) (the Index). It has a

Property News Weekly Digest – Property News

〈The Standard, Sept 19, 2026 〉New World Development (0017) has proposed to set up a commercial real estate investment trust fund to spin off Shanghai Hong Kong New World Tower for a separate listing in Shanghai. The REIT’s manager, GF Fund Management, has submitted the application materials to the China Securities Regulatory Commission and the

Warren Buffett’s Successor, Greg Abel, Just Went Shopping in the Tech Sector Again!

This has been a year of historic change for the trillion-dollar conglomerate that Warren Buffett built. Following the Oracle of Omaha’s retirement as Berkshire Hathaway‘s (NYSE:BRKA)(NYSE:BRKB) CEO on Dec. 31, the oversight of the company’s day-to-day operations and its $363 billion portfolio passed to Greg Abel. It took Buffett’s understudy just one quarter to really

5 of the Best Hong Kong Hotels Now, According To An Asia Insider

Published on October 22, 2026 Drawing upon nearly a decade of local experience, Forbes Australia‘s lifestyle correspondent reveals his own black book of best-in-class luxury accom in the +852… A world-class public transport infrastructure, singular cultural experiences, and robust access to parkland/green spaces underpin the quality of Hong Kong’s luxury hospitality — and the city-at-large.

Why Wall Street Is Turning to Quality Stocks As AI Trade Jitters Grow

Wall Street always seems to have a new favorite word or phrase. When the AI trade launched in earnest, it was the “Magnificent Seven.” Then came “AI enablers,” “picks and shovels,” and, more recently, “momentum.” Now, as investors fret over rising interest rates, expensive AI ambitions, and a top-heavy market, the word du jour is

0
Would love your thoughts, please comment.x
()
x