Double Happiness News

Vessel sales for May 2017 (as of June 1) as prepared by Shipping Intelligence, Inc., New York.

Vessel sales for April 2017 (as of May 1) as prepared by Shipping Intelligence, Inc., New York.

After an uneven couple of years punctuated by struggling economic factors worldwide, maturing markets and some highly publicized accidents and illnesses, the cruise industry is hoping to find a little “double happiness” from the rapidly growing Chinese market – enhanced profits and renewed market growth for both operators and builders. For its part, the Chinese government is betting on a triple payout:  it hopes to serve a growing middle class (estimated at a potential 300 million market) and its desire for cruising vacations…

China (Shanghai) International Boat Show (CIBS) participating companies preview China's boating market. On April 11th 2013 the China (Shanghai) International Boat Show  (CIBS) comes of age to shows itself a key player in the Chinese water leisure market. CIBS has grown virtually every year since its birth in an underground car park 18 years ago and 2013 is no exception with its exhibition area up by 37% to 48,000 sq m, confirmed booths so far up 20% and a projected trade up around 30% to 3Bn RMB.