Gerry Cahill

Is the cruise ship building party over?

by Anita Dunham-Potter on August 12, 2008

Anita Dunham-PotterHigh gasoline prices and a slumping economy have put a damper on leisure travel. The timing couldn’t be worse for the cruise lines. With 35 vessels on order over the next four years at a total cost of 22 billion some cruise lines are cutting back and repositioning their fleets, laying off employees, and holding off from ordering new ships.

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Recession? Not for the cruise industry

by Anita Dunham-Potter on March 17, 2008

Anita Dunham-Potter Cruise line executives speaking at the annual Seatrade Cruise Shipping Convention in Miami last week presented a surprisingly rosy outlook despite record oil prices and the U.S. economy’s bleak outlook. Still, with 36 new ships to be delivered within the next four years they can’t afford to feel any other way.

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