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According to the Cruise Industry News Annual Report

Asian market key figures underscore stable growth

Cruise Shipping Asia-Pacific — conference and trade show focusing on the emerging Asian-Pacific cruise industry — is poised to serve the growing Asia, Asia-Pacific and Australia cruise markets, which currently stands at roughly 1.2 million passengers and 6% of the worldwide market in terms of revenue, according to the just released 2012 Cruise Industry News Annual Report. Taking place from…

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Cruise Shipping Asia-Pacific — conference and trade show focusing on the emerging Asian-Pacific cruise industry — is poised to serve the growing Asia, Asia-Pacific and Australia cruise markets, which currently stands at roughly 1.2 million passengers and 6% of the worldwide market in terms of revenue, according to the just released 2012 Cruise Industry News Annual Report. Taking place from September 17-18, at Marina Bay Sands in Singapore, the Cruise Shipping Asia-Pacific event will be the key staging point for the discussion on many of the facts and figures in the latest Cruise Industry News Report.

According to the report, the expanding industry growth is led by Star Cruises, with four ships and 35.8% of the Asia-Pacific market control. In 2012 passenger figures will reach over 1.2 million which shows an incredible expansion rate from having only 14 ships and 65,000 passengers in 1990. Adding to the region’s development, Australia and New Zealand account for an additional 548,544 passengers, led by four ships from P&O Australia, and a regional market share of 47.4% among 34 ships.

"In 2012 the global cruise industry is set to carry 19.3 million passengers and the Asian market is continuing to take a bigger percentage of that number each year," said Daniel Read, Portfolio Director of UBM’s Cruise Shipping group. "In light of the opening of the International Cruise Terminal in Singapore, which will be able to accommodate the largest of the new generations of cruise ships, we expect to see growth continuing throughout the region for many years to come."

At the Cruise Shipping Asia-Pacific conference, later this year, delegates will be at the forefront of discussions and deliberations impacting this region. This leading conference and tradeshow will host the key decision makers in the industry such as: Ann Sherry, CEO of Carnival Australia, which will see the Carnival Spirit moving Down Under year-round later this year, Gianni Onorato, President of Costa Crociere, which is in the process of adding more capacity for 2013, and Gavin Smith, Managing Director of Royal Caribbean Cruise Lines, Asia-Pacific, which has based the modern Voyager of the Seas seasonally in China and Australia.

Theodore Koumelis
Co-Founder & Managing Director - Travel Media Applications | Website | + Posts

Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.

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