Cruise ship industrial park for Shanghai

Fabrizio Ferri, CEO Fincantieri China Fabrizio Ferri, CEO of Fincantieri China, signed the agreement to create a cruise ship industrial park in Baoshan

Italian shipbuilder Fincantieri has signed an agreement with China State Shipbuilding Corporation (CSSC) and Shanghai’s district of Baoshan to create a cruise ship industrial park in the area.

Fabrizio Ferri, CEO of Fincantieri China; Chen Qi, vice president of CSSC; and Su Ping, deputy mayor of Baoshan district, made the agreement following Fincantieri’s February deal with CSSC and Carnival Corporation for the construction of two cruise ships.

Baoshan, featuring Wusongkou International Cruise Terminal, is China’s largest commercial and cruise port and February’s commission, which includes the option for an additional four vessels, will be the first of its kind to be built in China specifically for the Chinese market.

The three parties will create a hub dedicated to cruise activities, as well as shipbuilding and maritime. Fincantieri will manage the project’s activities, while CSSC will be charged with supervision.

Baoshan district will provide financial and legislative support and land for development, with the intention that the project partners will attract foreign direct investment.

Fincantieri says Baoshan could benefit from the Shanghai Free-Trade Zone and the China Cruise Tourism Development Experimental Zone.

LATEST PRESS RELEASES

SHAFT VIBRATION ELIMINATED WITH VESCONITE HILUBE

After replacing the all-rubber cutlass bearing of his new Jeanneau Sun Fast 35 Tide The Knot a frust... Read more

S/V BRYANA COMPLETES 30,000 NM WITH VESCONITE

A mid-ocean loss of steerage due to a faulty rudder bearing wasn't a scenario Luke Fisher wanted to ... Read more

Experts Highlight Viable Power and Propulsion Solutions for Next Generation Vessels

Lithium-ion battery expert Dr John Warner is presenting at the NEXT GENERATION Marine Power & Propul... Read more

AtZ add stabilizer repair and maintenance to their comprehensive portfolio of marine engineering solutions

Customers within the leisure cruise, naval and passenger ferry industries, are heavily reliant on co... Read more

Mercator Media upgrades magazines and conferences brands

February 2018 Fareham UK - Mercator Media Ltd, the international, market-leading B2B marine media bu... Read more

P&E 2017 deemed a resounding success

Taking place between the 10th-11th May, the 2017 conference welcomed high calibre speakers, delegate... Read more

View all