CRUISE SHIP OWNERS AND SOLAR SOLVE CONTINUE TO BE BULLISH

CRUISE SHIP OWNERS AND SOLAR SOLVE CONTINUE TO BE BULLISH

Over the last couple of years, for many companies, the state of the worldwide marine industry has not been great. The opportunities for us at Solar Solve Marine to sell our Type Approved sunscreens have been reduced, but only slightly. It’s one of the advantages of being the manufacturer and supplier of the global marine industry’s Brand Leading roller blind products.

However, the cruise ship sector is booming. Why? When all of the doom merchants have been in full flow exclaiming how bad everything is (and it has been bad for many), the cruise ship owners have been planning and ordering more and more vessels, many of which will be bigger and bigger when delivered.

Currently there are 90 cruise ships on order globally, with European shipyards the firm favourites by a long way, with 74 of those vessels on their order books. It is obviously a very difficult market for shipbuilders to break into.

One of the latest orders to be placed, for a series of vessels, calls for deliveries to be up to 2026. Hopefully, during the next decade, the major cruise ship ports-of-call will be vastly upgraded and the infrastructure put in place to handle many more and much bigger vessels than they have managed to cope with in the past.

That said, it is really wonderful news that one sector of our industry at least, is enjoying a boom and some other sectors are doing very well indeed.

For the majority of marine businesses, the situation will improve. It always does but it will take time of course. Some pundits are suggesting a couple of years. Who knows?

In the meantime, there are plenty of opportunities still out there if you look hard enough and stay focused, as we at Solar Solve do, in our efforts to Shade The World From South Shields, UK.