Cruise Ship Inventory
Draft 6-08-08

New Construction: Cruise Ships
  Active Inventory* Replacement Rate Annual New Vessels
Foreign Flag Cruise Ships 140 25 - 30 years 4.6 - 5
US Flag Cruise Ships 25 25 - 30 years 0.8 - 1.0
* CLIA Industry Source Book (Feb 2008), USCG January 2008 data, and ShipBuildingHistory.com.  The inventory of foreign flag cruise ships is a rough estimate of vessels that appear to start or end a cruise in US waters.

 

New Foreign Flag Cruise Ships
Years Total New Vessels* Annual Average New Vessels
1997 – 2004 78 9.75
2005 – 2007 18 6
2008 – 2012 40 8
1997 – 2012 128 8
* ShipBuildingHistory.com and CLIA Industry Source Book

 

New US Flag Cruise Ships
Years Total New Vessels* Annual Average New Vessels
1997 – 2004 6 .75
2005 – 2007 4 1.3
2008 – 2012 1 .2
1997 – 2012 11 .7
* ShipBuildingHistory.com, CLIA Industry Source Book, and USCG data.

 

New Foreign Flag Cruise Ships: 2008 – 2012
Size New Vessels Average Cost (millions)*
Over  80,000 tons 29 $700
60,000 – 80,000 tons 3 $500
Under 60,000 tons 8 $140
* ShipBuildingHistory.com