Growth in the Cruise Industry Sector

Wednesday, June 15, 2011

According to figures issued today in Brussels by the European Cruise Council, at the official presentation of the sixth edition of the annual report of the European Cruise Contribution, for the year 2010, the European cruise industry continues to provide a major contribution to Europe’s economy as a whole.  The cruise industry is the only area of the tourism sector that is enjoying substantial growth:  last year there were some 5.5 million European cruisers (a 10% increase compared to 2009), which works out to approximately 30% of cruise passengers worldwide (18.8 million cruisers).  The EU countries with the most cruisers are the UK (1.6 million), Germany (1.2 million), Italy (around 890,000) and Spain (645,000).

In 2010 the European cruise industry also grew in terms of the numbers of passengers departing from European ports:  5.2 million (+7.2%).  The overall (direct and indirect) economic impact of the industry on the continent’s economy last year was 35.2 billion euros, including over 14 billion euros of direct spending.  The greatest beneficiaries of this direct expenditure were Italy (4.5 billion euros), the UK (approximately 2.6 billion) and Germany (2.3 billion).  European shipbuilders continue to play an important part in this expansion:  from 2011 to 2014 the continent’s yards will build 23 new cruise ships, with a total investment worth almost 11 billion euros.  The economic impact of the cruise industry also contributes very substantially to employment, accounting for around 300,000 jobs in Europe.

“Despite the fact that the economic situation is not the most favorable, European cruising remains a growth industry and continues to play a key role in terms of the creation of wealth and employment.  Costa Crociere S.p.A. is the no.1 operator and the driving force in Europe:  in 2010 the Group’s ships carried over 2 million Guests and generated an economic impact (direct and indirect spending) worth 2.2 billion euros in Italy alone,” commented Costa Crociere S.p.A. President Gianni Onorato.

In this context the Costa Crociere S.p.A. Group – comprising the Costa Cruises trademark (www.costacruise.com), Aida Cruises (www.aida.de), and Iberocruceros (www.iberocruceros.com) – has confirmed its leadership in Europe. The Group’s consolidated revenues rose by about 12% in FY 2010, reaching just under 3 billion euros, while the total number of Guests was 2.15 million, representing an increase of some 18% compared to the previous fiscal year.

Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Bangladesh Aims to be World's 'First Solar Nation

Residents of Islampur, a remote village in the northern Bangladeshi district of Naogaon, were stunned one night last summer when the darkness was suddenly illuminated

India Not Pressurized by US-China Deal

Indian Prime Minister Narendra Modi said a climate deal between the United States and China does not put pressure on India, but that global warming itself was reason to take action.

U.S., India to Seal Nuclear Deal

The United States and India have reached a breakthrough on two issues holding up civil nuclear cooperation between them, U.S. President Barack Obama told a news conference in New Delhi on Sunday.

Finance

India Not Pressurized by US-China Deal

Indian Prime Minister Narendra Modi said a climate deal between the United States and China does not put pressure on India, but that global warming itself was reason to take action.

U.S. Refinery Workers' Contract Talks Moving Slowly

With just a week of bargaining left until the national contract for U.S. refinery workers expires, the United Steelworkers union (USW) said talks with oil company

Obama, Modi Aim High on India Trip

In a fresh bid to make India an enduring strategic partner, U.S. President Barack Obama lands in New Delhi on Sunday for a highly symbolic parade and to nurture

Passenger Vessels

Danish Pleasure Craft Safety Board Gets A New Head

From 1 February 2015 a new chairman will head the Danish Pleasure Craft Safety Board. The new incumbent is Jan Thorn, who is in his everyday work Director

MSC Sinfonia Upgradation at Fincantieri Shipyard

Extension operations on MSC Sinfonia, the second out of four MSC cruise ships to undergo the Renaissance Programme of enhancements, have begunin the past days at Fincantieri shipyard in Palermo.

Carnival Cruise Line Returns to Europe

Carnival Cruise Lines is to return to Europe next year with its biggest ship ever, the 3,936-passenger Carnival Vista.  The Doral-based cruise line revealed details about the new 133,500-ton vessel.

News

Bangladesh Aims to be World's 'First Solar Nation

Residents of Islampur, a remote village in the northern Bangladeshi district of Naogaon, were stunned one night last summer when the darkness was suddenly illuminated

India Not Pressurized by US-China Deal

Indian Prime Minister Narendra Modi said a climate deal between the United States and China does not put pressure on India, but that global warming itself was reason to take action.

U.S., India to Seal Nuclear Deal

The United States and India have reached a breakthrough on two issues holding up civil nuclear cooperation between them, U.S. President Barack Obama told a news conference in New Delhi on Sunday.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Pipelines Port Authority Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2772 sec (4 req/sec)