SHANGHAI, China - Although the cruise industry is getting hot in China, the five major Chinese cruise ports are all in the red, according to the information from the China Cruise and Yacht Industry Association.
China has five cruise terminals under operation, two in Shanghai, one in Tianjin, Xiamen and Sanya, with the number of cruise passengers and voyages increasing in recent years, but the operation of the terminals are in red, Zheng Weihang, deputy president of the association said. Meanwhile, many cities such as Dalian, Qingdao, Haikou, Nanjing etc. are accelerating or planning for the construction of cruise terminals, which will send the market into overcapacity, Zheng added.
Source: http://www.eturbonews.com/35944/all-five-major-chinese-cruise-ports-are-red
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