THE CRUISE INDUSTRY IS IN SUCH BAAAAD SHAPE.....

Lines will need to rethink how many super ships they need. Europe is clamping down on what ports and how many ships can visit. Guessing the Med might end up with the small-medium displacement ships.

Don't forget the "cruise industry" we "usually" are referring to is those lines and ships cruisers from North America are most familiar with. As we saw elsewhere, there are dozens and dozens of cruise lines worldwide, many of which folks never even heard of. They wind up with some of those older ships...and from what I read, the cruise industry WORLDWIDE is booming.

So I doubt the cruise industry would become saturated. Having said that, I give you the history of Atlantic City Casinos, which were massively overbuilt. There were several BILLION $$ mistakes, which closed shortly after opening.

It all remains to be seen whether or not these larger ships will saturate or enhance the cruise industry.

Majesty OTS & Empress OTS & Enchantment OTS were revitalized in 2016. These 3 ships are still popular. Granduer, Raposdy, & Vision OTS were last done in 2012 & 2013, and not as popular....so if anything, I could see these being sold off.

I would suspect that they may take the smaller less profitable ships and sell them off usually to the smaller less known lines or transfer them to some of their fringe market lines so long as they are mechanically sound.It is a very growing industry with more people realizing how great and addictive it is.A few years ago I figured we would have seen an over capacity of cabins available but not yet. Maybe down the road there might be but not in the foreseeable future.

RCL stock has been doing very well.

Thank you for that Kennicott. Will be helpful when pitching cruises to people who ask.

Size definitions for cruise ships vary slightly depending on the source, however most seem to categorize "Mega Ships" as those which carry over 3,500 passengers----C.C. says "Mega-ships include the 5,400-passenger Oasis of the Seas, 3,963-passenger Norwegian Breakaway, 3,900-passenger Carnival Vista and 3,600-passenger Royal Princess." or-----

----Mega-Ships 3,500+ Passengers

----Large Ships 2,500-3,499 PAX

----Midsize Ships 1,500-2,499 PAX

----Small-Mid Ships 800-1,499 PAX

----Small Ships 799 Passengers or fewer

However, Berlitz, in Cruising and Cruise Ships doesn't recognize "Mega" but places them in four sizes based upon gross tonnage---1. large Resort Ships 101,001-230,000 gross tons 2. Mid-Size Ships 50,001-101-000 g.t. 3. Small Ships 5,001-50,000 g.t. 4. Boutique Ships 1,000-5,000 g.t.

According to the new orders then, under C.C. definition, Out of about 118 new ships 34 will be Mega Ships and 21 Large Ships.

there are 2 Oasis Ships - 1 in 2021, and another in 2023, 2 Quantum Ships - 1 in 2019, 1 in 2020 plus the 2 Project Icon ships in '22 and '24...if your definition of mega ship is 200,000+ tonnes, the Oasis and Icon ships fit the bill

Interesting points made. Guess we will have to wait and see.