Cruising: Small is Beautiful
Cruise shipping, at the intersection of maritime and hospitality industries, continues to be vibrant. The Cruise Lines International Association (CLIA), the industry’s major trade association, forecasts that the ocean cruise segment will draw 30 million passengers in 2019, up from 28.2 million in 2018. At the start of the decade, in 2010, the comparable count was 19.1 million passengers. CLIA members will have 272 vessels operating in 2019- with 18 ocean going vessels set to begin service.
MV WERFTEN Delivers Its First Newbuild
Shipbuilder MV WERFTEN has completed its first newbuild project, having today delivered Crystal Bach, the first of four new Rhine Class luxury river cruise vessels for Crystal River Cruises. Designed specifically for river cruising in Europe, the 135-meter-long and 11.4-meter-wide Crystal Bach will sail along the Rhine, Danube and Main Rivers through the Netherlands, Belgium, Germany and Switzerland, carrying up to 106 passengers in 55 large suites, all designed to be above the water line with horizontal sliding windows.
Genting to Invest in Werften
Genting Hong Kong Ltd will invest 100 million euros in its German shipyard, MV Werften to focus on building new large ships. The three shipyards in the German State of Mecklenburg-Vorpommern bought this April would be named MV Werften, be managed in Wismar. The company will focus on eventually building three large cruise ships a year. Lloyd Werft, located in Bremerhaven and bought last September, will focus on its prior business of repairs, conversion and building of megayachts. MV Werften has covered docks, fabrication halls and painting shops, but will be upgraded in the near future.
Genting Completes Purchase of 3 shipyards
Genting Hong Kong, announced the completion of the acquisition of Nordic Yards’ three shipyards in Wismar, Warnemunde and Stralsund, Germany for the consideration of 230.6 million Euros. The deal will give Genting Hong Kong the core expertise, manpower, fabrication capacity and covered drydocks to build a global cruise fleet for its three brands - Crystal Cruises, The World Most Awarded Luxury Cruise Line ; Dream Cruises, Asia’s Most Luxury Cruise Line; and, Star Cruises, Asia’s Leading Cruise Line.