Cruise Ship Daily Operating Costs

Voyage costs- variable costs associated with a specific voyage and include such items as fuel port charges and canal dues.

Cruise ship daily operating costs. Generally speaking the faster a cruise ship goes the more fuel it burns. Overall the cost of new regulation was identified as the most influential factor likely to affect operating costs over the next 12 months at 23 up from equal third place at 15 last year. If CB is higher than HB the operation will be profitable.

If you consider that large cruise ships can cost Upwards of usd250000 per day to run its understandable. Detailed in the latest Ship Operating Costs Annual Review and Forecast 202021 report published Drewry they estimated a 45 percent jump. Carnival annual operating expenses for 2019 were.

Carnival operating expenses for the quarter ending May 31 2021 were 1665B a 6614 decline year-over-year. When I was handling cruise vessels it was always stressed that cruise vessel schedules even a year ahead are measured in hours if not minutes. Below weve broken down all the expenses the cruise line sees on the average fare per passenger click to enlarge.

Carnival operating expenses for the twelve months ending May 31 2021 were 7256B a 6252 decline year-over-year. While time is always a factor and for cruise ships most ports charge in 24 hour blocks some charge by gross tonnage of a vessel others by LOA overall length. If you took the 2582 passengers of a cruise ship and put four to an automobile that burns 18 miles per hour then it costs roughly 116 90 a.

CARB estimates fuel use to be about 80 of a. Carnival Corporation plc the worlds largest cruise company suffered a multibillion-dollar loss in the quarter ended May 31 2020 due to the suspension of cruise operations related to COVID-19. As you can see a healthy small portion of the money taken in by Royal Caribbean goes down to the bottom line.

Of the 1560 in revenue generated from each passenger 191 298 ends up as profit. Engines effectiveness depends not only on the design but also the shape weight and size of the ship. Here is a breakdown of the estimated 2021 average cruise revenue and expense per passenger per day for all cruise lines world wide.