From $80bn to zero: where do European yards go after collapse of cruiseships?

European shipyards are facing a massive shortfall in orders due to the cruiseship catastrophe, but where will they turn for new contracts?

Panellists at a TradeWinds webinar grappled with that question on Tuesday, debating the continent's shipbuilding prospects after European yards booked $80bn of passengership orders in the four years before the pandemic struck and brought newbuilding deals to a halt.