Weinstein: More Carnival Cruise Line Capacity Generating Outsized Returns

Moving two former Costa Cruises ships originally built for sailing Asia to the Carnival Cruise Line brand in North America has been an instant success, said John Weinstein, CEO of Carnival Corporation, speaking on the company’s second-quarter earnings call.

Weinstein said that Carnival Cruise Line will amount to about a third of Carnival Corporation capacity in 2023 and 2024, compared to approximately 25 per cent pre-pandemic.

The Venezia debuted in New York earlier in June and is the first of two ships that will operate under the ‘Fun Italian Style’ branding, with the Firenze set to join the fleet next year, sailing from Long Beach.

“These transfers are part of our portfolio management strategy, which is contributing to Carnival Cruise Lines’s capacity, growing 22 per cent more than pre-pause expectations. And Costa’s capacity is reduced by 36 per cent, compared to pre-pause expectations,” Weinstein explained.

“The added capacity to Carnival Cruise Line will not only generate outsized returns for the company but rightsizing the Costa brand is also having these desired effects of supporting its revenue profile confirmed by recent booking and pricing trends,” he said.

“We remain committed to our strategy of owning a portfolio of world-class brands, many of which are truly dedicated to specific markets and it’s clear the strength of this portfolio is now shifting into high gear.”

Photo: Antonio Silva

Britain Predicts a Record 2023 Cruise Season

According to numbers released by Cruise Britain, the cruise industry’s post-Covid transition year was a success with predictions for a projected record season in 2023, according to a press release.

“2022 was the first full year of cruise activity since the pandemic and really built upon the unprecedented success of the 2021 domestic season. What we are seeing now are the rewards for an industry that has consistently worked together to recover, regenerate and develop”, said Ian McQuade, chair of Cruise Britain. “Whilst Round Britain and Ireland cruise popularity continues to grow, we have now seen the successful return of itineraries where British port calls are part of a multi-country story of discovery.”

The previous record season for the UK was 2019 while in 2022, the UK welcomed a total of 2,176 cruise calls, which is a drop of 22 per cent compared to that record year. UK orts welcomed nearly 1.4 million guests, which is around 80 per cent of the 2019 numbers. In addition, visitors in 2022 brought around £100m to Britain’s coastal economies. 

“Looking ahead to this year, we see a very robust projected growth of 8 per cent in terms of port calls across the UK. Some regions such as the South West, North West and Scotland are reporting likely figures in excess of this national growth rate,” added McQuade. 

“This is a fantastic projection and the strength of the immediate growth trend is a testament to the increasing popularity of Britain as a cruise destination. We really can offer a port for every cruise ship currently sailing – from expedition ships to boutique and mid-range vessels up to the largest afloat.”

In the previous year, the UK welcomed 52 different cruise lines with ships visiting diverse ports including Belfast and Bristol, Portland and Portsmouth, Douglas (Isle of Man) and Dover, among others.

“The UK offers an incredibly diverse cruise holiday experience for guests and this is one of the most powerful reasons for the growth projections that we are seeing. Cruise Britain and all its members continue to work with cruise lines, industry partners and stakeholders, and government to support the development of cruise as a resilient and profitable sector of the travel industry,” concluded McQuade.

Bellissima Sets Sail to Asia Ahead of MSC’s Return to Japan

To view images of the MSC Virtuosa visit Spacejunkie2 (Flickr)

The MSC Bellissima is currently sailing to Asia. Following a program in the Mediterranean, the vessel is set to mark MSC Cruises’ return to Japan later this month.

After leaving Genoa on March 27, the Meraviglia-Class is currently on its way to Singapore, where it is set to arrive on April 16.

From Southeast Asia, the Bellissima is set to arrive in Yokohama to kick off a series of local cruises in Japan on April 29.

Sailing roundtrip from the port, the vessel is set to offer charter cruises in the country, in addition to different departures under MSC’s flag.

Also opened for bookings from international markets, the itineraries being offered by the European cruise line include an eight-night voyage sailing on June 12.

Sailing to Japan and South Korea, the cruise features visits to Hiroshima, Kagoshima, Jeju Island and Kobe – where the Bellissima is set to spend one night docked.

Other destinations being visited by the vessel during its Japan program include Naha, Fukuoka, Kanazawa, Hakodate, Kumamoto and more.

The Bellissima is also set to sail to Taiwan, as well as to more destinations in South Korea, with planned visits to Keelung, Busan and other ports.

At 167,600 tons, the 4,500-guest vessel is also set to become one of the largest ships to sail in the Asian market.

The MSC Bellissima was built at the Chantiers de l’Atlantique shipyard in France and originally entered service in 2019.

Part of MSC Cruises’ five-ship Meraviglia Class, the vessel offers several different amenities, including the Galleria Bellissima, a 96-meter-long central promenade that features an 80-meter LED dome, in addition to the largest shopping area in the fleet, and a dedicated waterpark.

Previously scheduled to sail in China, the Bellissima also offers 12 international dining venues, as well as 20 different bars.