Cruise Traffic is not transport because it is not a derived demand. The passengers do not pay to be moved to a specific place; in fact, they are usually returned to their starting place. The passengers pay to have an entertaining, interesting and pleasant experience. Cruise is therefore a luxury commodity with a demand that can be directly stimulated by advertising and promotion. The technical operation of the cruise ships perhaps more to do with the hotel and holiday trade than what was traditionally considered shipping.
Cruise major market is in the USA (around 30% of cruises start in the USA) it is not surprising to find that the major cruising terminal is in Miami, Florida, with the Caribbean amongst the most popular destinations. In Cruise Shipping, the price of the ticket (freight) is perhaps not such an important issue as it might seem at first, as the total revenue on a typical cruise might be made up of: 10% from ticket sales; 50% from sales on board; 40% from casino profits.
Dry Bulk Shipping News - Shipbroker Notes