tic that the cruise industry will regain the
no fleet will become obsolete in a day, so
Nazairre, on the other hand, is in a better
momentum it lost after Costa Concordia.
there’s time to go around shopping for the
position as the French Government own a
best price. Shipyards, on the other hand,
sizeable part of the shipyard – and is com-
WINNERS AND LOSERS
live in the now: they need work today,
mitted to doing whatever it takes to stop
Therefore, it looks like cruise business will
not tomorrow.
it from going under.
continue to be a good business – at least
It’s a rather shady courting dance,
The Korean owner has made its
for the cruise lines. At the short end of the
where countries clash as well, interven-
choice, too, by investing in St. Nazairre
stick, however, one finds the