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MrSilversurf

Cruise ship-build overcapacity yet? good news or bad?

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I don't know if an earlier screenshot from marinetraffic's live map will show below but it viewed the area from Puerto Rico to St. Lucia. There were no fewer than 20 major passenger ships, from Vision of the seas in the North, down to Britannia in the Southeast. The recent takeover of a couple of struggling airline, cruise and hotel companies, may indicate a hiccup in the economy or maybe a symptom or poor managements. You can't plan too far ahead for market fluctuations but a number of major players have cruise ships being built or about to be launched. Some of these beasts cost half billion dollars to build.

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IF there is overcapacity, is this a benefit for the buying public? If price slashing doesn't work, could this lead to big cuts in standards i.e. food, entertainment, itineraries etc,. Would cruise companies be prepared to sail at half capacity with huge reductions in crew levels? Have we reached overproduction and what's the cruise company options? Thoughts anybody. Regards Paul.

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Edited by MrSilversurf
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5 hours ago, MicCanberra said:

Wow, I suppose the market is getting saturated in some locations.

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Yep, you could be right Mic. Reading thru' Roll Calls, some folk are happy to re-visit the Islands at regular intervals. Perhaps using the Caribbean isn't the best yardstick šŸ™‚. Over here, there's a huge increase in cruise holiday adverts on tv and radio, with big % discounts and perks. This seems to be a new trend for 2020.

Also if you do a 'dummy run' with the popular (cheaper) online booking app's, nowadays you'll find it rare, for balconies to be sold out - even with one month to go before sailing ? Regards Paul.

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