Page 2 - Expedition

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EXPEDITION MARKET

Capacity Cruise Industry News
Growth to 2019 Expedition Market Report
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May 14, 2019
The new generation of expedition vessels set to debut
between 2018 and 2023 counted 43 ships at press Publishers
time. Of those 43, Ponant has already taken delivery of three, Angela Reale Mathisen
while Hapag-Lloyd Cruises and Coral Expeditions received
their newbuilds earlier this year. Oivind Mathisen
The number 43 is only set to grow, and could easily go to
four or five dozen expedition ships entering the market in a Editor
six-year period. Oivind Mathisen
At an average of 214 berths each, that would mean just
over 9,000 new berths. Managing Editor
Monty Mathisen
Percentage wise it’s a huge increase. Compared to the rest monty@cruiseindustrynews.com
of the growing cruise industry, however, it’s barely notice-
able. Contributing Writers
Daniel Capella
It’s less than two megaships of berths. Eng Hong Ngoh
Expedition ships travel to every corner of the world com-
manding sky-high ticket prices. Carole Rosenblat
The market is the fastest growing in the entire industry,
and is has nicely segmented itself with three- to six-star Layout
products and ships ranging from 100 berths to over 500. Blackonwhite, graphic lab
As for capacity growth, the modern day cruise industry
has added capacity annually for the last 50 years and the Research
public cruise companies have not missed a beat when it comes Daniel Capella
to earning money, as they all boast a string of profitable years
since they went public starting in the late 1980s. QUESTIONS OR NEED HELP?
This report is a research tool, and our editors are available
Stay tuned. on a limited basis to subscribers to answer questions on the

Monty Mathisen data in the following pages and how to interpret it.

managing editor EDITORIAL DESK

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Data in this report is current as of May 6, 2019

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