The cruise ship industry may not be suffering the same extent of overcapacity as other sectors of the marine industry, but it has still faced difficult times with fewer cruise ships under construction following the effects of the 2008 economic crash. Clarkson Research plots close to a 50% drop in cruise vessel deliveries between 2010 and 2015. However, despite these challenging conditions, shipyards such as Fincantieri are receiving regular cruise ship contracts. Part of their success stems from repeat orders, which represent a bond between owners and builders that is more important than ever for the resurgence of shipyards and the wider marine industry.
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