Xiamen Shipbuilding Industry Co. has dropped plans to build a 100,000-ton cruise ship, according to a company spokesperson speaking to Cruise Industry News.

Previous rumors dating back as far as three years had the company, with government funding, building a luxury ship for launch in 2018 at a cost of $485 million.

For a full in-depth picture of the Chinese cruise market, see the upcoming edition of the Cruise Industry News Quarterly Magazine (Autumn edition), due out October 15.

The ninth edition of the China Cruise Shipping and Cruise International Expo is the Asia/Pacific’s No. 1 cruise event, learn more at http://www.ccyia.com/ccs/EN/index.htm. The show takes place Oct. 15-17 in Tianjin, China.

Visit Cruise Industry News, the official event media sponsor and partner, at booth B31.