The cruise business is booming, and Evac said it has benefitted directly with 40 percent annual growth.
The cruise business is the fastest-growing category in the leisure travel market, and demand is outstripping supply with average annual passenger growth of over seven percent since 1980. Another record was broken in 2014, with annual occupancy rates exceeding 100 percent and 22.1 million passengers cruising to many of the world’s nearly 1,000 ports. Nearly 23 million passengers are expected to take a cruise in 2016.
Cruise lines are currently ordering new vessels for launch during the 2018 to 2026 period, supporting growth of Evac, provider of integrated waste-, wastewater-, and water management systems
for the marine, offshore and building industries.
In 2015, Evac’s turnover grew 40 percent to 98 million euros, thanks especially to large cruise, navy, coast guard, and offshore contracts. At the end of the year, Evac’s backlog value grew 50 percent compared to the same period in year 2014.
In the first quarter of 2016, Evac won two cruise projects including Evac Complete Cleantech Solution covering the integrated waste and wastewater management systems for altogether seven cruise vessels. The total value of these projects was about 40 million euros. These, and many other already contracted projects, will fuel Evac’s turnover in future years.
“The cruise industry continues to grow,” said Tomi Gardemeister, Evac CEO, “and its growth means great things for the state of the art cleantech marine products that Evac provides.”
According to Evac, of particular appeal to the cruise industry is its Complete Cleantech Solution, a five-system product array that includes waste-, wastewater- and water management systems. Evac systems purify wastewater to 99 percent clean effluent and one percent sludge that can be burned in Evac incinerators. Evac vacuum toilets consume only 1.2 liters of water per flush versus 3 to 10 liters consumed by traditional gravity toilets. With an average cruise passenger flushing a toilet 10 times per day, Evac systems save a typical vessel a minimum of 59,000 liters of water per day.