How to turn the RoPax downturn in your favour?
Published
Already prior to Covid-19, a downturn in the RoPax market was detected in the Mediterranean. Although vaccines now are being rolled out, market reports project an overall reduction in passenger volumes by up to 70% in the short term. What can you do to turn this situation into something positive?
Traditionally, many Mediterranean operators have relied on bringing in second-hand tonnage from Japan, South Korea or even North Sea operations. However, experience indicates that the adaptation work required to cater to the specialties of the Mediterranean – large exterior areas, stern-ramps only, long sailing distances, limited port services – is not cheap. Furthermore, many of the currently available vessels for sale will not necessarily comply with ongoing emission reduction requirements nationally and internationally, which makes such an investment very uncertain and at best short-lasting.
Action is needed in the RoPax segment.
Do you want to know more about the Mediterranean RoPax market?
Ulstein has carried out a market insight for the Mediterranean RoPax market, which has been made available to you. Please download the paper below.
Learn more about the Mediterranean RoPax market
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