Page 6: of Maritime Reporter Magazine (February 2017)

EDITORIAL

MARITIME

REPORTER

AND

ENGINEERING NEWS

M A R I N E L I N K . C O M

HQ 118 E. 25th St., 2nd Floor

New York, NY 10010 USA

Tel +1 212 477 6700

Fax +1 212 254 6271 www.marinelink.com

FL Of? ce 215 NW 3rd St

Boynton Beach, FL 33435-4009

Tel +1 561 732 4368

Fax +1 561 732 6984

Publishers

John E. O’Malley

John C. O’Malley [email protected]

Associate Publisher/Editorial Director

Greg Trauthwein [email protected]

GREG TRAUTHWEIN, EDITOR & ASSOCIATE PUBLISHER

Vice President, Sales

Rob Howard [email protected] he cruise shipping sector has been on a global totaling an estimated investment of $53 billion through 2026

Web Editor

Eric Haun [email protected] tear, and while it is generally the kiss of death (options pending, of course).

Web Contributor to think, or say, ‘there nothing that can stop it But, what is perhaps not so obvious are the changing demo-

Michelle Howard [email protected] now,’ all signs point to a vibrant and growing graphics and dynamics of the ‘cruiser.’ While “Cruise Ship-

Editorial cruise market. According to the Cruise Lines ping” traditionally has revolved around ever-larger oceangoing

Joseph Fonseca - India

Tom Mulligan - UK

International Association (CLIA) ‘State of the ships, there is a strong growth in both the River Cruising and

T

Claudio Paschoa - Brazil

Peter Pospiech - Germany

Cruise Industry Outlook 2017,’ the cruising industry in 2017 specialty Yacht Cruising markets. The hallmark here are small-

William Stoichevski - Norway will carry a projected 25.3 million passengers. If this projection er vessels with more specialty itineraries. Smaller vessels offer

Production proves true it would continue an unprecedented march forward, some distinct advantages, starting with a higher price point per

Irina Vasilets [email protected]

Nicole Ventimiglia [email protected] a steady growth curve and up with more than 40% growth from passenger that comes with the exclusivity, but also the ability

Corporate Staff the 17.8 million passengers carried in 2009. to more rapidly identify itineraries and build vessels quickly

Mark O’Malley, Marketing Manager

Esther Rothenberger, Accounting

The United States continues to provide the lion’s share of the to run those routes. In 2015 there were 184 River Cruise Ships

Information Technology world’s cruisers, with CLIA counting 11.28 million cruisers according to CLIA’s records (and as a reminder, CLIA includes

Vladimir Bibik

Emin Yuce from the U.S. in 2015, which is nearly 50% of that year’s glob- 60 cruise lines and more than 95% of global cruise capacity), al total of 23.18 million. But while the U.S.-led, bigger ship with 13 new river cruise ships on order for 2017.

Subscription segment continues to grow in earnest, there are several subtle Genting Hong Kong – our cover feature this month– has

Kathleen Hickey [email protected] and not-so-subtle changes in the cruise sector that will de? ne been on an acquisition and spending spree which has seen it this travel and leisure industry for the coming generation. grow its business considerably. While it is best known for its

Sales

On the ‘not-so-subtle’ side, the cruise industry’s gross pro- Star, Crystal and Dream cruise brands, the company is a travel

Lucia Annunziata [email protected] +1 212 477 6700 ext 6220 jected numbers paint a clear picture: CLIA reports that cruise and leisure giant serving multiple markets, and today it is even

Terry Breese [email protected] +1 561 732 1185 lines are scheduled to debut 26 new ocean, river and specialty a shipbuilder courtesy of its strategic acquisition of several

John Cagni [email protected] ships in 2017 representing a cumulative investment estimated German shipyards to build for its maritime needs. A quartet of 631-472-2715 +1

Frank Covella [email protected] to be about $7 billion, and from 2017-2026 CLIA says that the Genting Hong Kong executives were gracious in sharing their +1 561 732 1659 industry is expected to introduce a total of 97 new cruise ships insights on the strategy, and the story starts on page 30.

Mitch Engel [email protected] +1 561 732 0312

And as cruise shipping continues to grow, so too does the

Mike Kozlowski [email protected] economic impact surrounding its activities. According to CLIA +1 561 733 2477 2017 New Cruise Ship Orderbook

Jean Vertucci [email protected] cruise industry expenditures generated $117 billion in total +1 212 477 6700 ext 6210 output worldwide, supporting 956,597 full-time equivalent em-

Year Ocean River Ships Ordered New Capacity ployees who earned $38 billion in income in 2015. Impressive

International Sales impact for a niche business started in the 1970s, and a shining

Scandinavia 2017 13 13 26 30,006

Roland Persson [email protected] star in the maritime sector.

Orn Marketing AB, Box 184 , S-271 24 2018 15 2 17 29,448

Ystad, Sweden t: +46 411-184 00 f: +46 411 105 31 2019 20 2 22 51,824

Western Europe 2020 to 2026 32 0 32 119,510

Uwe Riemeyer [email protected] t: +49 202 27169 0 f: +49 202 27169 20

Total 80 17 97 230,788

United Kingdom

Paul Barrett [email protected]

Hallmark House, 25 Downham Road, Ramsden

Health, Essex CM11 1PU UK * 26 New Ships on Order (as of December 2016) t: +44 1268 711560 m: +44 7778 357722 f: +44 1268 711567 * Total Investment of $6.8B+ in New Ocean Vessels in 2017 [email protected] (Source: CLIA)

Classi? ed Sales t: (212) 477-6700

Check out our other websites:

Founder:

MarineLink.com MaritimeJobs.com MarineElectronics.com

John J. O’Malley 1905 - 1980

MaritimeProfessional.com MarineTechnologyNews.com YachtingJournal.com

Charles P. O’Malley 1928 - 2000

MaritimePropulsion.com MaritimeEquipment.com MaritimeToday.com 6 Maritime Reporter & Engineering News • FEBRUARY 2017

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