Asian Market Key Figures Underscore Stable Growth According to the Cruise Industry News Annual Report

NEW YORK, May 30, 2012 /PRNewswire/ -- Cruise Shipping Asia-Pacific -- conference and trade show focusing on the emerging Asian-Pacific cruise industry -- is poised to serve the growing Asia, Asia-Pacific and Australia cruise markets, which currently stands at roughly 1.2 million passengers and six percent of the worldwide market in terms of revenue, according to the just released 2012 Cruise Industry News Annual Report. Taking place from September 17-18, at Marina Bay Sands in Singapore, the Cruise Shipping Asia-Pacific event will be the key staging point for the discussion on many of the facts and figures in the latest Cruise Industry News Report.

(Photo: http://photos.prnewswire.com/prnh/20120530/NY12709 )

According to the report, the expanding industry growth is led by Star Cruises, with four ships and 35.8% of the Asia-Pacific market control. In 2012 passenger figures will reach over 1.2 million which shows an incredible expansion rate from having only 14 ships and 65,000 passengers in 1990. Adding to the region's development, Australia and New Zealand account for an additional 548,544 passengers, led by four ships from P&O Australia, and a regional market share of 47.4 percent among 34 ships.

"In 2012 the global cruise industry is set to carry 19.3 million passengers and the Asian market is continuing to take a bigger percentage of that number each year," said Daniel Read, Portfolio Director of UBM's Cruise Shipping group. "In light of the opening of the International Cruise Terminal in Singapore, which will be able to accommodate the largest of the new generations of cruise ships, we expect to see growth continuing throughout the region for many years to come."

At the Cruise Shipping Asia-Pacific conference, later this year, delegates will be at the forefront of discussions and deliberations impacting this region. This leading conference and tradeshow will host the key decision makers in the industry such as: Ann Sherry, CEO of Carnival Australia, which will see the Carnival Spirit moving Down Under year-round later this year, Gianni Onorato, President of Costa Crociere, which is in the process of adding more capacity for 2013, and Gavin Smith, Managing Director of Royal Caribbean Cruise Lines, Asia-Pacific, which has based the modern Voyager of the Seas seasonally in China and Australia.

For more information about the Cruise Shipping Asia-Pacific tradeshow and conference please visit www.cruiseshippingevents.com/asia-conference.

To register and receive updates for Cruise Shipping Asia-Pacific, please visit www.cruiseshippingevents.com/asia-register-now. 

About Cruise Industry News Annual Report
The Cruise Industry News Annual Report 2012 is the only information resource of its kind -- presenting the entire worldwide cruise industry in 350+ pages, from new ships on order to supply-and-demand scenarios from 1987 through 2016, including a future outlook through 2030, growth projections for each cruise line, and detailed ship deployment by region and market of all the cruise lines. It can be ordered at www.CruiseIndustryNews.com 

About Cruise Shipping Asia-Pacific
Cruise Shipping Asia-Pacific is an annual event organized by UBM Live organizer of cruise and maritime events including: Cruise Shipping Miami, Marintec China, Naval Shore and Sea Japan.  Cruise Shipping Asia-Pacific is supported by Asia Cruise Association, Florida-Caribbean Cruise Association (FCCA), International Cruise Council Australia (ICCA) and has the exclusive support of the Cruise Lines International Association (CLIA) the global organization for the cruise industry.

For exhibiting information contact: [email protected] 

Media Contact: Allison Dowd, Cruise Shipping Portfolio Brand Marketing Manager, 609-759-4702, [email protected], or Caitlin Read, Cruise Shipping Portfolio PR Manager, 609-759-4735 [email protected].

Cruise Shipping (www.cruiseshippingevents.com) The Cruise Shipping Portfolio organized by UBM Live includes Cruise Shipping Miami, Cruise Shipping Asia-Pacific, Seatrade Med and an array of digital products including webinars and Cruise Shipping Virtual online tradeshows. Since 1985 Cruise Shipping Miami has been the world's premier annual event for the global cruise industry, featuring a three-day exhibition and four-day conference that draw more than 11,000 attendees and over 900 exhibiting companies from 120 countries. Focused on the emerging Asia-Pacific region, Cruise Shipping Asia-Pacific's tradeshow, conference and social program are the gateway to tomorrow's marketplace. Seatrade Med's exhibition, conference, travel agent training and social events constitute the Mediterranean region's largest cruise gathering. Using cutting-edge technology, Cruise Shipping Virtual's online events include educational and networking virtual tradeshows and webinars accessible via computer.

About UBM Live
UBM Live connects people and creates opportunities for companies across five continents to develop new business, meet customers, launch new products, promote their brands and expand their markets.  Through premiere brands such as MD&M, CPhI, IFSEC, TFM&A, Cruise Shipping Miami, the Concrete Show and many others, UBM Live exhibitions, conferences, awards programs, publications, websites and training and certification programs are an integral part of the marketing plans of companies across more than 20 industry sectors.

About UBM Asia (http://www.ubmasia.com) 
Owned by UBM plc listed on the London Stock Exchange, UBM Asia operates in 18 market sectors with headquarters in Hong Kong and subsidiary companies across Asia, including UBM China in Shanghai, Hangzhou, Guangzhou and Beijing. We have over 200 products including trade fairs, conferences, trade publications, B2B/B2C portals and virtual event services. As Asia's leading exhibition organizer and the biggest commercial organizer in the two fastest growing markets in Asia: China and India, we stage the leading events of their kind across Asia. Our 150 events, 24 publications and 18 vertical portals serve a 1,000,000 plus quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world with high value face-to-face business-matching events, quality and instant news on market and industry trends and round-the-clock online trading networks and sourcing platforms. We have 1,000 staff in 21 major cities across Asia, stretching from Japan to Turkey.

SOURCE Cruise Shipping Asia-Pacific