Table of Contents
Introduction
-
- Sourcing shift
- Scale of cruising's economic impact becoming clearer
- Cruise companies move in on port development
- Asia threat to European dominance of cruise shipbuilding
- Future developments
Data Sources
-
- Abbreviations
Overview
-
- Demographics dictating cruise industry confidence
- Currency issues influence marketing focus
Market Share Growth Levels Off for Top Three
-
-
- Figure 1: Top three companies' share of capacity, 2002-12
-
- Figure 2: Top three cruise companies’ total berths, 2008
- Marginal brands sold off
- New type of cruise investor
- To surcharge or not to surcharge
- New technology boosts on-board revenue streams
- Carnival Corporation
-
- Figure 3: Carnival Corporation financial results, 2004-07
-
- Figure 4: Carnival Corporation, Q1 2007/Q1 2008
- Royal Caribbean Cruises Ltd (RCC)
-
- Figure 5: Royal Caribbean Cruises, results, 2004-07
- Star Cruises Group
-
- Figure 6: Star Cruises Group, results, 2004-07
-
- Figure 7: NCL Corporation, results, 2006-07
- Figure 8: Star Cruises Group, results by region, 2004-07
- First new ships for Louis?
-
- Figure 9: Passengers nationality shares on LCL Cruises, 2007
- All good news for all leisure
- Travelscope fails
-
Industry Structure and Developments
-
- Who owns which brand?
-
- Figure 10: Brands owned by top three cruise companies as of 1 June 2008
- Figure 11: Key brands (main market/s) owned by other companies as of 1 June 2008
- Newbuilds concentrated among major players
-
- Figure 12: New ships ordered for delivery, 12 June 2008
- Key changes among top brands
-
- Figure 13: Largest capacity cruise brands, 2008-12
- More passengers per ship
-
- Figure 14: Average maximum berth capacity of new ships, 2000-12
-
- Figure 15: New ships by cruise sector, 1990-2012
Sector Developments
-
- Contemporary
- Budget
- Premium/Premium Plus
- Luxury
- Crew in increasing demand
Case Studies
-
- Contemporary brands
-
- Figure 16: Carnival Cruise Lines, fleet/orderbook, 1 May 2008
-
- Figure 17: Royal Caribbean International, fleet/orderbook, 1 May 2008
-
- Figure 18: Norwegian Cruise Line, fleet/orderbook 1 May 2008
-
- Figure 19: Costa Cruises, fleet/orderbook, 1 May 2008
-
- Figure 20: MSC Cruises fleet/orderbook, 1 May 2008
-
- Figure 21: Star Cruises fleet, 1 May 2008
-
- Figure 22: Aida Cruises, fleet/orderbook, 1 May 2008
-
- Figure 23: Disney Cruise Line, fleet/orderbook, 1 May 2008
- Budget brands
-
- Figure 24: Louis Cruise Lines fleet, 1 May 2008
- Figure 25: Thomson Cruises fleet, 1 May 2008
-
- Figure 26: Island Cruises fleet, 1 May 2008
- Figure 27: Ocean Village fleet, 1 May 2008
- Premium brands
-
- Figure 28: Princess Cruises fleet/orderbook, 1 May 2008
-
- Figure 29: Holland America Line fleet/orderbook, 1 May 2008
-
- Figure 30: Celebrity Cruises, fleet/orderbook, 1 May 2008
-
- Figure 31: P&O Cruises fleet/orderbook, 1 May 2008
-
- Figure 32: Cunard Line fleet/orderbook, 1 May 2008
-
- Figure 33: Fred Olsen cruise lines fleet, 1 May 2008
-
- Figure 34: Saga, fleet, 1 May 2008
- Sail (or sail-assisted) cruise brands
-
- Figure 35: Star Clippers, fleet, 1 May 2008
- Figure 36: Windstar Cruises, fleet, 1 May 2008
- Coastal, soft adventure and expedition cruising
- Premium-plus brand
-
- Figure 37: Oceania Cruises, fleet, 1 May 2008
-
- Figure 38: Azamara Cruises, fleet, 1 May 2008
- Luxury brands
-
- Figure 39: Silversea Cruises, fleet, 1 May 2008
-
- Figure 40: Regent Seven Seas Cruises fleet, 1 May 2008
-
- Figure 41: Seabourn Cruise Line (Yachts of Seabourn), fleet, 1 May 2008
-
- Figure 42: Crystal Cruises, fleet, 1 May 2008
-
- Figure 43: Seadream Yacht Club, fleet, 1 May 2008
Global Sourcing: The Key to Sustained Growth
-
-
- Figure 44: North American cruise passengers, 1997-2007
-
- Figure 45: Cruise traffic from or via US ports, 2005-07
- Figure 46: Top destinations from or via US ports for North American passengers, 2003-07
-
- Figure 47: US resident cruise passengers by state, 2002-06
- Modest growth projected for 2008
-
- Figure 48: Use of travel agents when booking cruises, 2002-06
- River cruise market in state of flux
- Europe forges ahead in ocean cruising
-
- Figure 49: European cruise market, 1997-2007
- Figure 50: North American and European source markets, 1998-2007
-
- Figure 51: European ocean cruise passengers, 2004-07
- Figure 52: Shares of European source markets, 2007
-
- Figure 53: European cruise market by destination, 2004-07
- UK aiming for million
-
- Figure 54: UK ocean cruise passengers, 1998-2007
- Figure 55: Flycruises versus UK-UK cruises, 2004-07
-
- Figure 56: UK-UK cruises versus flycruises, 2004-07
- Figure 57: Regional destinations for UK passengers, 2002-07
-
- Figure 58: UK-UK port and flycruise passengers, 2004-07
- Online used for research and agency training not direct sales
- Only modest growth for river cruising
-
- Figure 59: Destinations for UK river cruise passengers, 2002-06
- Continental Europe
- Germany growth set to accelerate
-
- Figure 60: German ocean cruise passengers, 1998-2007
- Number one in river cruising
-
- Figure 61: German-speaking passengers on river cruises, 1997-2006
- Figure 62: Top destinations for German river passengers, 2002-06
- Top two battle boosts Italy
-
- Figure 63: Italian cruise market, 2003-07
- Ownership changes creates volatile market in Spain
-
- Figure 64: Spanish cruise market, 2003-07
- New brand focuses attention on France
-
- Figure 65: French cruise market, 2003-07
- River cruise player goes oceanic
- Growth around the world
-
- Figure 66: Ocean cruise passengers worldwide, 2004-07
- Asia: the long game
- False start for India
- Terminal two for Dubai
- On a high down under
-
- Figure 67: Australia cruise market, 2002-06
- River business flowing faster
- South America
-
Financial Benefits Justify Port Developments
-
-
- Figure 68: Economic impact of cruise industry in Europe, 2005/06
-
- Figure 69: Total economic impact of European cruise industry, 2005/10
-
- Figure 70: Economic impact of European cruise industry by country, 2005/06
-
- Figure 71: Cruise line compensation shares by country, 2006
- Putting pressure on the EC
-
- Figure 72: European passengers by country of destination, 2006
- Figure 73: Cruise passengers by country of embarkation, 2006
-
- Figure 74: Leading Mediterranean ports of call, 2004-06
- Figure 75: Leading Mediterranean homeports, 2004-06
-
- Figure 76: Leading Mediterranean cruise ports, 2006
- Figure 77: Cruise visitors at Spanish ports, 2005-07
- Mediterranean outgrows the Caribbean
- Who pays for better ports?
- More terminals, more berths – but still not enough
- Northern Europe growth starts to slow after recent surge
-
- Figure 78: Northern Europe: cruise ships and capacity, 1998-2007
-
- Figure 79: Northern Europe: cruise ships and capacity, 2007-20
- Figure 80: Northern Europe: cruise traffic, 2005-07
-
- Figure 81: Most popular Northern Europe ports of call, 2005-07
- Figure 82: Leading homeports in Northern Europe, 2005-07
- Baltic races ahead of other cruise destinations
-
- Figure 83: Cruise tourists in the Baltic, 2001-06
-
- Figure 84: German cruise market to Baltic, 1998-2006
- Figure 85: Baltic cruise passengers by nationality, 2006-07
-
- Figure 86: Ages of Baltic cruise visitors, 2007
- Cruise tourism income prompts port investments
-
- Figure 87: Cruise traffic to Gydnia, 1996-2007
- Figure 88: Rostock-warnemunde traffic projections, 2007-15
- Fjord ports expand but NOx tax threatens
-
- Figure 89: Norwegian fjords passengers by nationality, 2006-07
- Figure 90: Norwegian fjords cruise calls, 2006-08
- Emissions and taxes impact port changes
- Market share battle drives UK ports investments
-
- Figure 91: Spending per cruise passenger/crew in east Kent, 2006
- Celtic cruise ambitions
- North Atlantic Rim promotion
- Ex-UK mini-cruises drive growth to the continent
- North American dominance challenged
-
- Figure 92: Economic impact of North American cruise industry, on the US economy, 2003-06
- Figure 93: Passenger/crew spend in the US, 2005-06
-
- Figure 94: US states earning most from cruising in 2006
- Figure 95: Main US industries benefiting from cruise tourism, 2006
-
- Figure 96: North American cruise industry, 2003-06
- Canadian impacts also rise
-
- Figure 97: Cruise industry direct/total economic impact, 2007
- Figure 98: Total economic impacts by cruise industry, 2007
-
- Figure 99: Cruise passenger traffic by region, 2003 and 2007
- Figure 100: Cruise passenger traffic by Canadian ports, 2007
-
- Figure 101: Direct cruise-related spending (C$mn) by source, 2007
- Figure 102: Passenger and crew spending breakdown, 2007
-
- Figure 103: Direct cruise-related spending by region, 2003 and 2007
- Figure 104: Individual passenger/crew spending by itinerary, 2007
-
- Figure 105: Total cruise industry economic impact on BC, 2003-07
- Alaska tax and cabotage proposal threatens BC earnings
- US and Canadian ports prepare for more cruise growth
-
- Figure 106: North American passengers on multi-day cruises, by departure port, 2004-07
-
- Figure 107: Total* cruise passengers through Miami, 2000-06
- East Coast ports step up to the plate
- Setback for Great Lakes
- Seattle traffic prompts Canadian investment
-
- Figure 108: Economic impact of cruise tourism on BC Port communities, 2006
- Environmental agenda key to west-coast cruise traffic development
- Bermuda changes course
- Cruising makes its case for Caribbean cruising
-
- Figure 109: Direct Caribbean cruise expenditure, 2005/06
- Figure 110: Average pax/crew spend ashore in Caribbean, 2005/06
-
- Figure 111: Caribbean employment/wages generated by cruise tourism, 2005/06
- Mexico tax setback to leading destination status
- Major investments in Central America
- Asia set for new cruise boom?
-
- Figure 112: Singapore cruise traffic, 1997-2007
- Hong Kong terminal on its way
- Japan looking to grow
- Mixed messages from India
- Indian Ocean boost
- Middle East ambitions
- South America set for more growth
-
- Figure 113: Cruise calls in key South American ports, 2003-09
- Ups and downs in Antarctica
- More ships, more passengers and more impact in Australasia
-
- Figure 114: Australian cruise industry, 2004-07
- Figure 115: Cruise shipping economic impact: Australia, 2005-07
-
- Figure 116: Cruise industry economic impact on Australian ports, 2006/07
- New Zealand joins in down-under cruise surge
-
- Figure 117: New Zealand cruise tourism, 2000/01 and 2006/07
- Figure 118: Cruise tourism contribution to New Zealand GDP, 2000/01-2006/07
-
- Figure 119: Cruise industry direct expenditure New Zealand, 2006/07 (2007/08)
- Figure 120: New Zealand cruise industry expenditure/employment, 2006/07 (2007/08)
-
More Consolidation Ahead for Specialist Cruise Shipbuilders?
-
-
- Figure 121: Cruise shipbuilders, 1970-2010
- Figure 122: Cruise industry expenditure for newbuilds and refurbishment, by country benefitting, 2005-06
- Upheaval at Aker Yards
-
- Figure 123: Shipbuilders' share of cruise ship berths built for delivery, 1970-2007 and 2008-12
- Lack of quality hampering European yards?
- Safety and environmental regulation drives innovation
- No end to mega-ship momentum
-
- Figure 124: Development of passenger space ratio, 1990-2010
- Building boom to continue
- Fincantieri diversifies to consolidate top position
-
- Figure 125: Fincantieri orderbook, 1 May 2008
- Aker Yards
-
- Figure 126: Aker Yards Finland orderbook, 1 May 2008
- Figure 127: Aker Yards SA (France) orderbook, 1 May 2008
- Meyer Werft moves up in the world
-
- Figure 128: Meyer Werft orderbook, 1 May 2008
- Specialisation the key for smaller shipbuilders
-
What Next?
-
- Customised cruising
- ‘Disegalitariniasm’ rules
Back to top