Cruise & Ferry Review - Autumn/Winter 2024

CONTRIBUTORS CFR would like to thank all of those who contributed to this issue, including: Malvina Guarnieri Malvina is a design director at Tillberg Design of Sweden, with experience in designing ships for TUI Cruises, MSC Cruises, Ritz-Carlton Yacht Collection, and more. Paul Holthus As founding president and CEO of the World Ocean Council, Paul works to develop practical solutions for sustainable development for marine and coastal areas. Captain Kuba Szymanski Captain Szymanski has led trade association InterManager since 2010, advocating for the needs of organisations involved in the management and crewing of ships. Rebecca Yackley Rebecca is director of trade and economic development at Great Lakes St. Lawrence Seaway Development Corporation, leading efforts to grow cruise tourism across the region. A recent report by J.P. Morgan delivers a positive outlook for cruise. “We see the industry growing revenues by high-single digits over the next five years, capturing approximately 3.8 per cent of the global vacation market by 2028,” says Matt Boss, head of leisure and retailing at the investment bank. This in part he attributes to “accelerating new-to-cruise acquisition”, as lines overhaul their offerings to appeal to consumers. Boss highlights megaships and private destinations, and we would add a rapidly growing category to that list: expedition cruise. This issue of Cruise & Ferry Review includes, from page 61, a special bound-in Expedition Cruise Business supplement, which explores the lines, ships and destinations that are drawing ever-increasing numbers of guests to this form of vacation. Akvile Marozaite, the CEO of Expedition Cruise Network, tells us: “Each expedition has something unique to offer. Learning from experts about a place adds an extra dimension of wonder – these are perhaps the reasons why I fell in love with this form of travel.” With itineraries encompassing some relatively untouched regions, expedition cruise lines are particularly conscious on the impact they have on the environment. But the whole industry is prioritising sustainability. “Our teams have been continuously analysing our operational data and processes to identify every possible opportunity for making energy-efficiency improvements,” says Pierfrancesco Vago of MSC Cruises, in our keynote interview (see page 10). He also calls for regulators and governments to do their bit to accelerate the decarbonisation of the whole maritime industry. Modern consumers care deeply about the environment, and increasingly consider the impact of their spending choices. To draw in more new-to-cruise guests, and promote ferry travel over the alternatives, passenger shipping firms must not only take their own positive action, but also lobby legislators to support their efforts. Jon Ingleton Executive Editor, Cruise & Ferry Review New to cruise? Foreword AW/24 3

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