Exact costings have only been revealed for about a quarter of these but that alone produced a combined total of $432m on 11 ships and - as most of the others were part of ongoing fleet upgrade programmes which have been costed by the different brands – Seatrade has been able to estimate an industry spend on refurbishment of $1bn in just six months.
The report details which cruise lines are spending how much on which ships, and at which shipyards. It also highlights how the trend for fleet revitalisation is impacting shipyards around the world – not just the specialist European cruise shipbuilders.
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