Now More Than Ever: Travel Advisors’ Increased Role in Selling Cruise
Two decades ago, it was said that the internet would kill off travel advisors. With so much information at the fingertips of individual.
Business
Financial Analysis
Major cruise groups full-year financial performance review. Dreaming big dreams again
By the end of 2023, there was little doubt that contemporary cruise business had once again become a star performer of leisure and.
Orderbook Analysis
Ocean cruise newbuilding delivery and orderbook updates. A new wave coming
The effect of fewer new orders during the pandemic is being felt. But the trend might be reversing. After four years of relative.
Business
Tighter regulation puts future of ageing ships under magnifying glass
By Kari Reinikainen The cruise industry’s pathway to net-zero greenhouse gas emissions will require investment in updating existing ships to meet gradually tightening.
Sustainability
Future-proofing adds to cost of newbuildings
The transition to CO2-free fuels, or at least to fuels such as methanol that contain less CO2 than oil, can add to the.
Orderbook Analysis
Ocean cruise newbuilding delivery and orderbook updates. Hesitancy and unambiguous slowdown
Cruise ship construction and newbuilding delivery are still relatively sluggish. Hardly any major new orders have been placed for four consecutive years, and.
Orderbook Analysis
Newbuilding delivery and orderbook updates. Falling volumes and fewer new orders
Although the industry’s demand recovery has been vigorous and, some would say, miraculous, hardly any significant newbuilding orders have been added to the.
New Entrant
Aroya Cruises to play its part to grow Saudi cruise industry
Cruise Saudi, Saudi Arabia’s Public Investment Fund (PIF)–owned organisation that was officially launched in 2021 to promote the country as a cruise destination,.
Sustainability
How to wave goodbye to carbon, in three simple steps
For maritime companies, the real issue is not zero carbon, it is figuring out how it changes the business and what to do.
Alternative Fuels
In conversation with Antonio Paradiso of MSC Cruises
Following the recent industry-first net-zero maiden voyage and the lavish naming ceremony of MSC Euribia, MSC Cruises’ 184,000-gross-ton, 6,330-passenger newbuild,CruiseTimes editor Frances Gannon.
Financial Analysis
Major cruise groups first-quarter business performance review. On course to profitability and growth
The first-quarter performance results of the current fiscal year published by the three major listed cruise groups decisively support the notion that the.
Financial Analysis
New entrants may revive cruise industry IPO when time is right
By Kari Reinikainen The recent past has been financially challenging for the cruise industry. Listed conglomerates had to issue large numbers of shares.
Financial Analysis
Inflation and high interest rates: Cruise industry shows resilience in macroeconomic turbulence
Inflation and high interest rates: Cruise industry shows resilience in macroeconomic turbulence By Kari Reinikainen In the recent past, inflation has hit multi-decade.
Alternative Fuels
Methanol offers exciting prospects for cruise industry’s green drive
By Kari Reinikainen Methanol has been suggested as a fuel option for the cruise industry in its efforts to reduce its carbon footprint..
Sustainability
Sustainability drive makes progress, but cost issues weigh in
By Kari Reinikainen The cruise industry has been forced to raise billions in new debt to weather the Covid-19 storm and its aftermath..