B2707SST From United States of America, joined Apr 2003, 1373 posts, RR: 59
Reply 1, posted (10 years 8 months 2 weeks 21 hours ago) and read 1812 times:
I just finished writing a semeter-long strategic analysis of Royal Caribbean (fun stuff!), and all indications are that cruise ships will continue to grow. There are significant economies of scale in larger ships and pax like the extra amenities.
Carnival, Princess, and Royal Caribbean have all captured and lost the "world's largest passenger ship" title over the last five or six years. Cunard (owned by Carnival) became the current champion when the Queen Mary 2 went into service, but Royal Caribbean has placed an order for a 160,000-ton Ultra Voyager class ship to top the QM2 in 2006. Although I didn't find any formal announcements, I imagine that Carnival will follow suit. The upper limit to ship size is most likely port infrastructure. You can shuttle pax on and off while anchored in a habor, but restocking a cruise ship by tender is very difficult.