China's landmark for the shipbuilding sector with its first cruise ship setting sail

Sales growth Financial performance Productivity improvement

15 January 2024 — Adora Magic City, China's first domestically built cruise ship, completed its first commercial voyage. As the vessel set sail, it signified China's capability to build mega-cruise ship and marked a significant milestone in the nation's maritime ambitions.

China's landmark for the shipbuilding sector with its first cruise ship setting sail
Author
Kun Cao
Kun CaoSenior Manager

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In September 2023, Business Insider interviewed Kun Cao, Senior Manager at Reddal, about China's initiation of plans to enter the cruise industry. Subsequently, we now continued the discussion with the Financial Times around China’s cruise industry ambitions coming to fruition with the launch of the Adora Magic City. In the interview, he shared the observation on ambition, key challenges and implications of constructing and operating China’s first large cruise ship.

The original article was published by Financial Times on January 01, 2024 and can be accessed here: China’s first homegrown cruise ship sails from Shanghai.

For more details on our findings on the domestic cruise industry upturn in China and port services development, please take a look at our previous presentation “China ambitions in cruise sets their agenda for full value chain – a potentially lucrative opportunity awaits”.

For more Reddal Insights on the marine industry, please refer to past articles around the topic at https://www.reddal.com/insights/tags/marine-industry/.

Tags
Financial Times, China domestic tourism, Cruise ship, Cruise tourism, Cruise ship building, Marine industry, Ecosystem development, China