Mein Schiff 6 cruise ship is moored at the dock of Piraeus after some of the crew members tested positive for the coronavirus disease (COVID-19), in Piraeus.REUTERS/Costas Baltas

Greece Implements Measures Against Cruise Tourism and Short-Term Rentals

Greek Prime Minister Kyriakos Mitsotakis is taking decisive action to combat overtourism in the country, implementing fees and taxes on accommodation to address the influx of visitors post-pandemic. With record numbers of tourists, Greece is expanding its “Golden Visa” program and imposing new port fees to manage the impact. Initiatives to regulate short-term rentals and provide tax incentives for long-term leases aim to ease housing issues and boost economic stability.

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Cruise ships Norwegian Dawn and Grandeur of the Seas are seen in port near Hamilton Bermuda. REUTERS/Gary Cameron (BERMUDA)

Norwegian Cruise boosts annual profit forecast as demand for cruises rises

Norwegian Cruise Line Holdings raised its profit forecast for the third time, benefitting from high demand for luxury travel. CEO Harry Sommer reported record bookings for budget cruises, leading to increased ticket prices. Despite strong earnings in Q2, the company’s shares declined due to rising oil prices and slightly lower revenue expectations.

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carnival cruise ship

Carnival Corporation Orders Three New Cruise Ships from Fincantieri Shipyard

Carnival Corporation & plc has partnered with Fincantieri to build three new cruise ships, set to be the largest in the Carnival fleet and the largest ever built in Italy. These LNG-powered ships will accommodate nearly 8,000 guests each and feature advanced energy-saving technologies. Construction is scheduled for delivery between 2029 and 2033.

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Alaska Cruise Lines Urged to Ditch Fossil Fuels for Sustainable Alternatives

Environmental NGOs are urging cruise lines and ports along the Alaska cruise route to stop using fossil gas due to its impact on fragile ecosystems and killer whale habitats. Despite the introduction of green methanol, concerns remain about long-term pollution. Activists are calling for a sector-wide shift towards sustainable practices, including zero-emission vessel fuels and technologies to combat climate disruption.

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Townships are to be built near major ports

New Township Policy Around Major Ports to Boost Infrastructure and Economic Growth

The Ministry of Shipping is introducing a new township policy to capitalize on the vast land areas near major ports. Townships will be developed through PPP agreements, beginning with ports in Mumbai, Kolkata, Chennai, and Vishakapatnam. A Rs 5,000 crore package under the Viability Gap Funding Scheme will support the initiative, which aims to boost construction of inland waterway and sea-going vessels.

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The Costa Luminosa cruise ship prepares to moor at the port of the island of Corfu. REUTERS/Adonis Skordilis

Greece to Impose Restrictions on Cruise Ships to Combat Overtourism

Prime Minister Kyriakos Mitsotakis plans to restrict cruise ship visits to Greece’s popular islands to combat overtourism post-pandemic. Greece saw a 18% increase in tourist visits in 2023, generating 847.4 million euros from cruises alone. Mitsotakis aims to balance economic benefits with environmental impact, particularly focusing on Santorini’s strain due to cruise traffic.

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