October 6, 2023
Trends:
- Passenger statistics continue to show post-crisis stabilising despite the continuing economic challenges and price hikes, with comparable routes and vessels showing year-on-year improvements.
- More of “home market” customers return to the ships,
- Gradual return and increase in the number of Asian passengers. The number of Asian passengers has almost doubled in Q3 this year compared to last year, with travellers from South Korea, India, China, Japan and Taiwan topping the Asian passenger charts between July and September.
- The general economic situation in home markets is fragile, which is mostly evident in the cargo unit figures, but also has a wider impact on consumer behaviour.
Outlook
“While the summer did not see huge price hikes that would have a significant impact on our business, September has already brought a rather rapid marine fuel price increase, which we will unfortunately have to continue to pass on to our customers through the fuel surcharge, which we monitor and review regularly.”
Paavo Nõgene, CEO of Tallink Grupp