The Chinese Market Continues To Grow – Classic International Fleet Totally Immobilized – FCCA Counts $2 Billion Caribbean Cruise Impact

          THE CRUISE EXAMINER at Cybercruises.com

          by Kevin Griffin

     The Cruise Examiner for 8th October 2012

The Chinese-owned China Star accommodates 200 guests in upmarket luxury.

A report from China last week indicated that the Chinese cruise market continues to grow, not only with the big lines like Costa and Royal Caribbean but also with new local operations, two of them operated by members of the origjnal Royal Caribbean trio. And one, the China Star, the former Radisson Diamond, has been rescued from a career as a gambling ship to become the first Chinese-owned cruise ship, although registered in Nassau (see above). Meanwhile, with the arrest in Crete last week of the Princess Daphne, all five Classic International ships have now been brought to a halt. The charterer of the Princess Danae, French-based NDS Voyages, also ceased trading last week. Meanwhile, Germany’s Ambiente Cruises, which had charters on both Princess Daphne and Athena for the summer of 2013, has announced that it is seeking a new cruise partner. Finally, according to a study completed for the FCCA the Caribbean cruise market generated almost $2 billion for local economies in 2011-12. But the surprising news is that the ships’ crews spent more in the Caribbean that the cruise lines did themselves!

THIS WEEK’S STORY                                                       (See previous columns)