
Cruise ship season 2025 wraps up with 20,000 tourists visiting the Port of Albany in seven months
The departure of the Insignia last Wednesday represented the last of the region's boat-bound tourists, with almost 20,000 visitors landing in the Great Southern from 18 vessels in the seven months since the season's October beginning.
The captain of each cruise vessel making its maiden voyage to the Port of Albany was presented with a plaque made by the Albany Men's Shed made with timber from the port's former deep-water jetty.
Southern Ports chief executive Keith Wilks said the majority of the ships were visiting for the first time.
'Sixty per cent of our cruise ship visits this season were the first time those vessels had come into our ports, which shows just how popular our regions are becoming,' he said.
'Every cruise visit is another chance to showcase our spectacular regions to new groups of visitors and we're proud of the role we play in that.
'Cruise visits result in money being spent in local economies and many passengers come back for longer visits after getting a first taste of the region.
'There is so much for tourists to discover and see throughout the Great Southern, Goldfields-Esperance and South West regions that it is impossible to do it all during just one visit.'
Significant numbers of tourists explored the Great Southern on their cruise ship maiden voyage to the region, with the Crown Princess delivering 3000 in November, the MSC Magnifica offering more than 2000 in March and 1800 embarking from the Westerdam in December.
'Having so many new vessels include Albany on their itineraries is a reflection on the fact it is one of WA's premier cruise destinations and the industry is continuing to bounce back strongly,' Mr Wilks said.
'Because cruise visits often lead to visitors returning at a later date it's difficult to measure their full impact on our regional economies, but it's certainly overwhelmingly positive.'
The 2023-24 cruise season made a $385m economic impact throughout WA, according to data from the Australian Cruise Association.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


West Australian
4 days ago
- West Australian
Esperance Port users brace for levy hikes following exit of key customers MinRes and First Quantum Minerals
Users of another WA port have been whacked with fee increases following on from big hikes ushered in at the Port of Fremantle. The State Government-owned Southern Ports told customers as of July 1 they would be hit with a new fee schedule featuring blanket increases across pilotage, navigation services, berth hire, mooring and wharfage charges. The increases to the Port of Esperance come as the port grapples with the exit of several major customers and a weaker commodity market. Latest results for parent Southern Ports — which also runs the Bunbury and Albany ports — showed profits had dropped from $61.4 million in 2023 to $21.5m for 2024. Total traded tonnes across the three ports were also down from 37.1 million tonnes to 35.3mt. The largest of the price hikes will be applied to vessel mooring and unmooring fees, which have been hiked by 27 per cent. It means a carrier mooring at the Port's largest berth would be paying approximately $4194.50 — or $1130 more — to park up for less than four hours. Scheduled hikes on Fremantle Ports' ship and cargo charges — the highest of which had been 295 per cent — triggered backlash among its customers who lashed charges as an 'excessive cash grab'. Notable remaining exporters through the the Port of Esperance are junior miner Gold Valley Iron Ore, grain handling major CBH and battery metals miner IGO. Mineral Resources had been shipping iron ore through the port from its Yilgarn operation until the end of 2024. The idled mine was then sold to Yilgarn Iron Investments in June. First Quantum Minerals had also been a user of the port until cratering nickel prices forced the Ravensthorpe nickel mine shut in April last year. And it's expected the port will lose IGO as a customer once the Nova nickel mine in the Fraser Range comes to the end of its life at the end of next year. Despite the declines operators were encouraged by a sharp uptick in yearly fertiliser imports reported last month. Southern Ports chief executive Keith Wilks said charges were reviewed annually to ensure the port stays 'competitive and continues delivering value to the State. Meanwhile, Pilbara Ports has elected to extend a 'sustaining infrastructure due' that had been due to expire on June 30 2025 for another 12 months. A spokeswoman said Pilbara Ports, government trading enterprise, was expected to trade 'in a commercial manner'.

Sydney Morning Herald
22-07-2025
- Sydney Morning Herald
Drawn-out battle ends with $3.3 billion takeover deal
The 179-year-old owner of MLC, Insignia Financial, has agreed to a takeover from private equity investors seeking to profit from Australia's $4.2 trillion superannuation system, ending a drawn-out battle to buy the wealth manager. On Tuesday Insignia, formerly known as IOOF, backed a $3.3 billion takeover from private equity firm CC Capital, bringing to a close a previous bidding war for the firm. ASX-listed Insignia agreed to the deal at $4.80 a share, which is a premium of more than 50 per cent to its share price before private equity giant Bain Capital made a bid for Insignia last year, igniting a series of rival bids. Bain's approach sparked a three-way contest for the business with CC Capital and Canadian giant Brookfield Capital earlier this year. Brookfield pulled out of the bidding war in March, while Bain dropped out in May, citing volatility on global markets. CC Capital, a New York-based private equity firm, is buying Insignia with an alternative asset manager called OneIM. The deal will be CC Capital's first investment in Australia, and it is subject to approvals from Insignia shareholders and authorities including the Foreign Investment Review Board and the prudential regulator. Loading Insignia is the fifth-biggest player in the super sector, where it owns MLC and various other brands, and this is a key attraction for the buyer. Insignia's predecessor, IOOF, was established in 1846 as the Independent Order of Oddfellows friendly society, and it ultimately listed on the ASX in 2003. Insignia's chief executive, Scott Hartley, said the business was well suited to being owned by CC Capital, which has a longer investment time frame than most private equity investors, giving it the ability to 'look through' market cycles. He argued this long-term horizon of CC meant it could focus strongly on members' interests. 'They understand that if you're not delivering competitive returns to members or competitive outcomes to members, whether it be returns, service, product features and structures, online capabilities, you are not going to be sustainable long-term,' he said.

The Age
22-07-2025
- The Age
Drawn-out battle ends with $3.3 billion takeover deal
The 179-year-old owner of MLC, Insignia Financial, has agreed to a takeover from private equity investors seeking to profit from Australia's $4.2 trillion superannuation system, ending a drawn-out battle to buy the wealth manager. On Tuesday Insignia, formerly known as IOOF, backed a $3.3 billion takeover from private equity firm CC Capital, bringing to a close a previous bidding war for the firm. ASX-listed Insignia agreed to the deal at $4.80 a share, which is a premium of more than 50 per cent to its share price before private equity giant Bain Capital made a bid for Insignia last year, igniting a series of rival bids. Bain's approach sparked a three-way contest for the business with CC Capital and Canadian giant Brookfield Capital earlier this year. Brookfield pulled out of the bidding war in March, while Bain dropped out in May, citing volatility on global markets. CC Capital, a New York-based private equity firm, is buying Insignia with an alternative asset manager called OneIM. The deal will be CC Capital's first investment in Australia, and it is subject to approvals from Insignia shareholders and authorities including the Foreign Investment Review Board and the prudential regulator. Loading Insignia is the fifth-biggest player in the super sector, where it owns MLC and various other brands, and this is a key attraction for the buyer. Insignia's predecessor, IOOF, was established in 1846 as the Independent Order of Oddfellows friendly society, and it ultimately listed on the ASX in 2003. Insignia's chief executive, Scott Hartley, said the business was well suited to being owned by CC Capital, which has a longer investment time frame than most private equity investors, giving it the ability to 'look through' market cycles. He argued this long-term horizon of CC meant it could focus strongly on members' interests. 'They understand that if you're not delivering competitive returns to members or competitive outcomes to members, whether it be returns, service, product features and structures, online capabilities, you are not going to be sustainable long-term,' he said.