China Cruise Market Could Shrink 15% In 2018 – Two Megaships Now Planned For Alaska – Caspian Sea Cruise Ship Agreement

The Cruise Examiner for 1st January 2018

Peter the Great - artist's impression, courtesy CruiseMapper

The 300-berth cruise ship Peter the Great is being built in Astrakhan to cruise the Caspian Sea

Observers of cruising in China have been speculating that the market is becoming overtonnaged and these observations have been followed more recently by announcements of ship transfers to other markets. Last Thursday, Tom Hancock gave probably the best summary to date of elements that are affecting the China market in The Financial Times. Meanwhile, as a result of the softness in the China market, two fairly new megaships that weer noit planned for Alaska will be finding their way there over the next year or two. Elsewhere, Russian and Azerbaijani cruise companies have come to an agreement to operate the 300-berth Peter the Great as the first of a number of ships to cruise the Caspian Sea and adjoining waterways

FOR THIS WEEK’S STORY                                                                                                 (See previous columns)

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Carnival Miracle and Splendor Earmarked For China – Australians Outstrip Canadians In Their Own Port! – Variety Cruises Acquisition

The Cruise Examiner for 2nd November 2015.

Five ships will be in the Port of Montreal between October 18 and 24 with nearly 10,000 passengers embarking or disembarking, ready to explore the city and its attractions. (CNW Group/Tourisme Montréal)

Ridiculous but apparently true – more Australian cruise passengers used the Port of Montreal this year than Canadians

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The recent news that Carnival Corp & plc was forming a new Chinese-based cruise line was followed last week by an announcement from Carnival Cruise Line that it would be moving its own 2,124-berth Carnival Miracle to China in 2017, to be followed in 2018 by the 2,974-berth Carnival Splendor. Elsewhere, statistics published by the Montreal Cruise Committee last week underlined a weakness in the Canadian cruise market. The much smaller country of Australia, with a population two-thirds of Canada’s, and located 10,000 miles away, generated more passengers over the Port of Montreal this year than Canada did. Meanwhile, in a surprise move, Variety Cruises announced that it was taking over the 34-berth motor yacht Callisto.