NCLH and Royal Caribbean on Steepest Growth Curve to 2033

Posted on 4 April, 2025 by Spacejunkie2

Norwegian Cruise Line Holdings has set an aggressive growth course to 2033, increasing its estimated annual passenger capacity from about 2.8 million at the start of 2025 to more than 4.2 million by 2033, a 50 percent increase or approximately 5.5 percent each year, according to the 2025 Cruise Industry News Annual Report.

Royal Caribbean Group will grow its capacity from an estimated 8.5 million to 10.8 million guests, for a 27 percent increase over the 2025-2033 time period, or 3 percent per year.

MSC Cruises, including Explora Journeys, is closely behind Royal Caribbean’s growth curve, going from a 4.2 million passenger capacity at the start of the year to 5.2 million in 2033, and a 25 percent increase, or less than 3 percent per year.

Carnival Corporation will have the most modest growth over the time period, based on its current orderbook, going from an annual passenger capacity of 12.6 million at the start of 2025 to 13.9 million in 2033, for a 10 percent increase, or about 1.1 percent per year.

And while Carnival Corporation remains the largest company with a market share of 31.8 percent, based on its existing brands and fleets, the single largest brand by 2033 will be Royal Caribbean International with a market share of 18 percent and 24.6 per cent for the group as a whole.

MSC will have a market share of 11.8 percent and NCLH 9.7 percent.

The 2025 Cruise Industry News Annual Report is available in digital and printed formats. Order today by clicking here.

13 New Cruise Ships to Enter Service in 2026

Posted on 4 April, 2025 by Spacejunkie2

According to the latest edition of the cruise ship orderbook by Cruise Industry News, 13 cruise ships will enter service in 2026.

As part of a strong year for the shipbuilding business, 13 vessels are set to be delivered to 12 cruise lines, including Viking, which is set to welcome two luxury vessels from Fincantieri.

[Download a PDF of the orderbook here]

The year will be particularly strong in the luxury segment, with seven upscale vessels set to enter service.

In addition to Viking, other brands taking delivery of high-end newbuilds include Emerald Cruises, Explora Journeys, Atlas Ocean Voyages and Regent Seven Seas Cruises.

Marking Orient Express’s official debut, the OE Corinthian is also set to enter service in 2026, kicking off the company’s first-ever cruise program.

The industry is welcoming several large ships next year as well, including the Legend of the Seas.

Currently being built for Royal Caribbean International at the Meyer Turku in Finland, the 250,000-ton vessel will be the second in the company’s Icon-class series.

Norwegian Cruise Line and TUI Cruises are also welcoming large vessels to their fleets with the debuts of the Norwegian Luna and the Mein Schiff Flow.

Continuing its record-breaking World class, MSC Cruises is set to take delivery of the MSC World Asia from the Chantiers de l’Atlantique.

Other ships entering service include the Adora Flora City, which will become the largest cruise ship ever built in China, and the Magellan Discovery, which was designed to offer expedition cruises in Antarctica.

According to CIN’s independent research, the new ships will add roughly 38,000 berths to the industry in 2026.

With an average size of 112,377 tons and an average cost of $805,066,667, the newbuilds will cost over $12 billion.

Florida Cruise Ports Smash Passenger Records as Industry Makes Comeback

Posted on 8 November, 2024 by Spacejunkie2

PortMiami and Port Everglades have reported record-breaking passenger numbers for fiscal year 2024 as cruisers returned to the high seas en masse following the pandemic.

PortMiami, the nation’s busiest cruise port and often called the “Cruise Capital of the World,” has set a new record with an astounding 8.2 million cruise passengers in fiscal year 2024, marking a 12.79% increase from the previous year’s record.

Meanwhile, Port Everglades in Broward County has also surpassed its previous records, welcoming 4,010,919 cruise passengers in the same fiscal year. This represents a remarkable 39% growth in passenger numbers and a 23% increase in cruise ship calls compared to the previous year, demonstrating the port’s rapid recovery and expansion. Of note, Port Everglades achieved passenger records with just 648 calls, highlighting the growing size of cruise ships.

Both ports’ fiscal years run from October 1 through September 30.

“Cruising is in high demand, and our cruise line partners are poised for greater gains with new itineraries and a variety of sailing dates,” said Joseph Morris, CEO and Port Director of Port Everglades.

Both ports are looking ahead to even more growth. PortMiami is preparing to welcome several new cruise ships in the upcoming 2024-2025 season, including vessels from Explora Journeys, Virgin Voyages, MSC Cruises, Norwegian Cruise Line, and Oceania. The port is also expanding its infrastructure, with MSC Cruises’ new Cruise Terminal AA set to become the world’s largest cruise terminal.

Meanwhile, Port Everglades expects the new record to be short-lived, with a whopping 4.4 passengers expected across its terminals in FY2025.

PortMiami also launched its shore power project in June, allowing cruise ships to plug into landside electrical power while docked, reducing emissions and noise. This initiative, a collaboration between the port and major cruise lines, positions PortMiami as the first major cruise port on the U.S. eastern seaboard to offer shore power capability at five cruise berths.