This feature offers the outlook of marine industry professionals for the final decade of the 20th century. Its first article, "World Shipbuilding: a Market Poised for Rapid Take-off and Sustained Growth," forecasts prosperous times ahead for the world's shipbuilders as the turnaround in major shipping sectors begins posing a replacement requirement to upgrade aging fleets. "U.S. Yards Could Compete with Europe in 1990s" briefly tells how the possible substantial reduction or elimination of foreign shipbuilding subsidies could make U.S. shipyards competitive with those of Northern Europe by the mid-1990s. "The Short Cruise Market in Europe and North America," deals with the growing interest in one-day cruises, discussing the potential market, typical ship and product characteristics, typical passenger profiles, trends and implications, and suggested steps for action. The final article, "Europe 1992: What Lies Ahead for U.S. Companies?," speculates on the impact that the Single European Market will have on American business, particularly shippers and carriers.
- Journal article
- Publication Date: 1989-12
- Pagination: 8 p.
- MARITIME REPORTER AND ENGINEERING NEWS
- Volume: 51
- Issue Number: No.12
- TRT Terms: Cruise lines; International; Maritime industry; Shipbuilding; Trend (Statistics)
- Geographic Terms: United States
- Subject Areas: Construction; Data and Information Technology; Marine Transportation;
- Accession Number: 00658892
- Record Type: Publication
- Source Agency: Maritime Technical Information Facility
- Files: TRIS
- Created Date: Jul 21 1994 12:00AM