Page 2 - 2024 CIN Expedition Market Report
P. 2
EXPEDITION Market
TABLE OF CONTENTS
Executive Overview -------------------------------------------- 10
Introduction: Market Adjustment ------------------------------------10
Anatomy of an Expedition Ship ---------------------------------------16
Executives: Quoted ------------------------------------------------------18
Key Players -------------------------------------------------------------- 20
Potential Market Entrants -------------------------------------------- 34
New Ship Orderbook --------------------------------------------------- 36
Berth Prices ------------------------------------------------------------- 38
New Expedition Ships -------------------------------------------------- 40
Market Capacity / Supply Data ----------------------------- 52
Expedition Capacity Infographic ------------------------------------ 52
Market Capacity 2018-2033 ----------------------------------------- 54
2024-25 Antarctica Season Capacity ---------------------------- 59
2024-25 Antarctica ‘Big Ship’ Capacity--------------------------- 62
2024 Arctic Capacity -------------------------------------------------- 63
2025 Arctic Capacity -------------------------------------------------- 64
2019-2028 Market Overview by Operator ------------------------ 66
Expedition Fleet Listings ---------------------------------------------- 77
Capacity Breakdown by Company and Ship ----------------------- 80
Capacity Breakdown: Regional Market Reports ------------------ 98
Capacity Breakdown: Fleet Deployment by Brand --------------110
Ships Exiting the Market --------------------------------------------- 138
Ships in Limbo ---------------------------------------------------------- 139
Recent Ship Transactions ------------------------------------------- 140
Editorial Coverage ---------------------------------------------142
Hurtigruten/HX: Rebranding ---------------------------------------- 142
Hurtigruten/HX: Arctic Expansion --------------------------------- 146
Silversea: Changing Course ----------------------------------------- 150
Havila: Bucket List Experiences ------------------------------------ 154
Lindblad: Defining Expedition Cruising ---------------------------- 156
Lindblad: Strong Year and High Expectations ------------------- 160
Seabourn: Cold and Warm Weather Itineraries ------------------ 162
Quark: Edge of the World -------------------------------------------- 166
Viking: Set for IPO ----------------------------------------------------- 168
Ponant: Strong Performance ---------------------------------------- 170
8 Cruise Industry News: 2024 Expedition Market Report