Chinese company to build Shanghai’s ‘most expensive’ luxury cruise ship

A Chinese company plans to build China’s most expensive luxury cruise ship in Shanghai. The ship, with a capacity of 6000 passengers, is slated to sell sail by 2021.

Shanghai Waigaoqiao Shipbuilding Co, a subsidiary of China State Shipbuilding Cooperation (CSSC), will build the 135,000-ton luxury cruise ship, which is expected to accommodate 6,000 passengers and a 2,000 to 3,000-strong crew. It is estimated to cost US$1 billion, China National Radio reported.

This is part of a deal signed by the CSSC and Italian shipbuilding company Fincantieri in Shanghai yesterday.

As per agreement, the two parties will set up a luxury cruise ship design and construction firm in Hong Kong, with CSSC holding 60 percent of shares and Fincantieri 40 percent.

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