Conglomerados

They are a combination of multiple business entities operating in entirely different markets under one corporate group, usually involving a parent company and many subsidiaries, and are very common within the cruise industry. We can divide cruise conglomerates into four groups, each with their own pros and cons and of course, their own set of rules that affect direct and indirectly all their crew members. Another common feature of conglomerates is the mention of a “blacklist”, a term very common between crew members that we explained in our Slang and Terms article, in which a crew member that was dismissed from a company isn’t allowed to apply for another company of the same group as they belong to the same conglomerate.

 

We separated the conglomerates by the largest in revenue and annual passenger percentages, using the actual and updated data from different official sources. If you do believe any information seems to be wrong, please contact us.

1- Carnival Corporation

Carnival Corporation was founded as Carnival Cruise Line in 1972. The company grew steadily throughout the 1970s and 1980s, making an initial public offering on the New York Stock Exchange in 1987, and with the capital that was generated, it was used to finance their future acquisitions. Between 1989 and 2003, the company acquired Holland America Line, Windstar Cruises, Westours, Seabourn Cruise Line, Costa Crociere, Cunard Line, P&O, P&O Australia, AIDA and Princess Cruises. The name Carnival Corporation was adopted in 1993, to distinguish the parent company from its flagship cruise line subsidiary.

 

They hold the titles of the biggest fleet, largest capacity of passengers and total revenue since 2003, even not being the ones with the largest ships.

12403000

PASSENGERS ANNUALLY

104

NUMBER OF SHIPS

CURRENT FLEET:

  • Carnival Cruise Line
  • Princess Cruises
  • Holland America Line
  • Cunard Line
  • P&O
  • P&O Australia
  • AIDA
  • Costa Crociere
  • Seabourn

2- Royal Caribbean Group

Royal Caribbean Group, formerly known as Royal Caribbean Cruises, is the world’s second-largest cruise line operator, with half of the size of Carnival Corporation. As of March 2021, Royal Caribbean Group fully owns three cruise lines: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises, while holding 50% of shares of the TUI group, that consists of TUI Cruises, Marella Cruises and Hapag-Lloyd Cruises. In 2020, Pullmantur declared bankruptcy and was removed from the group, with remaining ships being scrapped, and in 2021 the Azamara brand was sold to a Chinese company.

 

Currently, the Royal Caribbean Group has four of the biggest cruise ships in the world, with two more under construction.

5963000

PASSENGERS ANNUALLY

68

NUMBER OF SHIPS

3- Norwegian Cruise Line Holdings

Norwegian Cruise Line Holdings (NCLH) is the third-largest cruise operator in the world and was formed in 2011, while its main subsidiary, Norwegian Cruise Line, was still part of the Genting Hong Kong group. After many years raising their capital and shares, on December 2018 Genting sold off their remaining stakes in the company, marking the end of a relationship that lasted more than a decade and allowing the purchase of Prestige Cruise Holdings, the parent company of Oceania Cruises and Regent Seven Seas Cruises, to finally form what we know today as NCLH.

2471000

PASSENGERS ANNUALLY

29

NUMBER OF SHIPS

CURRENT FLEET:

  • Norwegian Cruise Line
  • Regent Seven Seas
  • Oceania Cruises

4- Genting Hong Kong

The Genting Hong Kong Limited is a holding company that operates cruise and resort businesses with main focus on the Asian continent as a whole. It currently owns Crystal Cruises, Dream Cruises, Star Cruises and the MV Werften and Lloyd Werft shipyards, that constructs the biggest and most modern cruises for all other cruise companies. On the year 2000, Genting purchased Norwegian Cruise Line, but later in 2018 sold all remaining shares. During this period, there were several ship and crew exchanges between Norwegian Cruise Line and Star Cruises, a relationship that is still present on the memories of many crew members up to this day.

525000

PASSENGERS ANNUALLY

10

NUMBER OF SHIPS

CURRENT FLEET:

  • Dream Cruises
  • Star Cruises
  • Crystal Cruises

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