The Visakha cruise terminal is expected to begin full operations from March

Vizag International Cruise Terminal Set to Boost Global Tourism by March 2025

The Vizag International Cruise Terminal (ICT) in Visakhapatnam is set to open in March, costing Rs 96.05 crore. It can accommodate 2,000 passengers and has various facilities. Discussions with major cruise lines are ongoing. The Vizag Port also completed the Vizag International Cruise Terminal (VICT) to attract more ships and boost tourism in the region.

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"Robust" 2025 Is In The Cards For Cruise Vessels, Says

Carnival Corp Forecasts Strong Cruise Industry Recovery and Profit Growth for 2025

In March 2020, the cruise industry faced a major setback due to the COVID-19 pandemic, leaving passengers stranded worldwide. Today, Carnival Corp is leading the industry’s recovery with strong bookings for 2025. Despite rising costs, the company exceeded profit expectations in the fourth quarter. CEO Josh Weinstein is optimistic about the future.

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Irish Ferries Faces Disruptions on Dublin-Holyhead Route After Terminal Allisions

Irish Ferries faced challenges with their Dublin-Holyhead ferry route due to terminal damage. They opened a new route to Fishguard, but it was also temporarily shut down. Collaborating with Stena Line and Welsh government, they found alternative solutions. Despite setbacks, they are working to address disruptions in freight and passenger transport.

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Europe Dominates Cruise Ship Orderbook

European Shipyards Dominate Global Cruise Ship Construction and Investment

According to the Cruise Lines International Association (CLIA), Europe dominates the cruise ship industry with 97% of ships built and 98% on order set to be constructed on the continent. The estimated €57 billion investment from 2024 to 2036 highlights Europe’s leading role in cruise ship construction, with Italy, Germany, and France at the forefront.

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