Cruise Down Under. Newcastle August 2011

Transcription

1 Cruise Down Under Newcastle August 2011

2 Agenda RCL background Business in Australia Local market outlook World cruise facilities 2

3 RCL Background Royal Caribbean Cruises Ltd Founded in 1968 Global company with HQ in Miami, Florida Stock listed NY and Oslo (code RCL ) 4.3 million guests per year RCI, Celebrity, Azamara, CDF, Pullmantur 400 way ports / 65 turn ports / 97 countries 3

4 RCI International Deployment: ,000 berths Europe (Summer) Splendour Brilliance Jewel Galaxy Millennium Constellation South America Infinity 4

5 RCL International Deployment: ,000 berths 5

6 RCL International Offices 2004 London, UK Oslo, Norway Frankfurt, Germany Genoa, Italy Paris, France 2008 Singapore, Singapore Shanghai, China Stockholm, Sweden Barcelona, Spain Madrid, Spain 2009 Gosford, Australia Sydney, Australia Beijing, China Guangzhou, China Sao Paulo, Brazil Manchester, U.K Mexico City, Mexico 2011 Paris, France 2004: carried 70,000 non-u.s. guests 2011: carrying 1,800,000 non-u.s. guests 6

7 Cruise Ship Evolution Oasis of the Seas GT Freedom of the Seas GT Voyager of the Seas GT Grandeur of the Seas GT Sovereign of the Seas GT Song of America GT Song of Norway GT

8 Oasis of the Seas 8

9 Nassau Oasis of the Seas 9

10 10

11 11

12 12

13 Allure of the Seas 13

14 14

15 Rhapsody of the Seas The newest and largest ship in AUNZ 15

16 Radiance of the Seas 16

17 Celebrity Century 17

18 Celebrity Solstice 18

19 The Lawn Club Artist s rendering subject to change 19

20 The Lawn Club 20

21 Voyager of the Seas 21

22 Voyager of the Seas 22

23 RCI/CEL AUNZ Deployment 12/13 Country Turnaround Port of Call Total Australia New Zealand New Caledonia Hawaii Vanuatu Fiji Indonesia 8 8 Tahiti 8 8 Singapore Canada Samoa 5 5 Thailand 4 4 Vietnam 2 2 Mexico 1 1 Total

24 RCI/CEL AUNZ Deployment 12/13 Port Turnaround Port of Call Total Sydney Cairns Melbourne Hobart Brisbane Airlie Beach 8 8 Newcastle 6 6 Adelaide 5 5 Broome 5 5 Darwin 5 5 Fremantle 5 5 Willis Island 5 5 Albany 3 3 Esperance 3 3 Geraldton 2 2 Burnie 1 1 Port Douglas 1 1 Total

25 Sydney at Capacity Sydney s port facilities could reach capacity during the summer cruise season of 2013/14 Solution for large cruise ships east of the Harbour Bridge is urgently needed Industry growth is unlikely to slow 25

26 Sydney Growth Difficult to predict two years ago - one of the world s largest cruise ships (Voyager of the Seas) based in Australia During the season we will carry four times the number of guests than we did last summer - an increase of more than 100,000 guests Additional deployments from competing cruise lines that can only use facilities east of the Bridge To assist our economy to grow to its full potential we require proper infrastructure 26

27 Sydney Outlook Demand for cruising in and around Australia is unlikely to diminish for three reasons: 1. Panama Canal expansion (late 2013) 2. Strength of the Chinese cruise tourism market 3. Complimentary southern summer deployment Royal Caribbean Cruises Ltd. owns ten of the 12 largest most innovative ships in the world and not one of them can fit under the Sydney Harbour Bridge This is an opportunity Australia must grasp with both hands Get Sydney right and the region prospers 27

28 White Bay Since the decision to build a $60m cruise facility at White Bay by the previous State government in late 2009 our company alone is deploying an additional three superliners to Sydney able to carry a combined total of nearly 10,000 passengers at any time. Funding currently allocated to White Bay would be better used building a facility that accommodates the needs of all cruise ship sizes, not just the smaller ships currently berthing at Darling Harbour/Barangaroo $60m is a considerable amount of money to invest in a permanent terminal west of the Bridge that most ships calling into Sydney in the future won t be able to use Recommend redeploying a large part of the funding towards a terminal the whole industry can use 28

29 Temporary Facilities Temporary facilities used around the world Terminals not architectural statements Functional is the key 29

30 Civitavecchia 30

31 Civitavecchia 31

32 Bari 32

33 Copenhagen 33

34 Copenhagen 34

35 Dubai 35

36 Cape Town 36

37 Barangaroo 37

38 Barangaroo 38

39 White Bay 39

40 Garden Island 40

41 Sydney Outlook Our deployments were announced after the previous government s decision to move the western cruise terminal to White Bay and to spend $60m on a terminal. The pattern of ours and other companies deployments is towards newer bigger ships that cannot pass beneath the Harbour Bridge. (Eg. Radinace, Solstice, Millennium, Voyager, and Carnival Spirit) It is not unreasonable to suggest that if there is going to be money spent on a replacement terminal it should be able to be accessed by all of the industry whether big or small. 41

42 Thank You 42