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PortEconomics
  • November 27th, 2025
PortEconomics
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    From coal exports to green steel production? The role of circular economy precincts for sustainable port diversification

    From coal exports to green steel production? The role of circular economy precincts for sustainable port diversification

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    Book chapter: Maritime transport in net zero

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    Geopolitical risks and port-related carbon emissions: evidence and policy implications

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    Investments and financing challenges of the EU’s port managing bodies; findings from a comprehensive survey

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    Port reform: World Bank publishes the third edition of its port reform toolkit

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    When will we admit that maritime transport will not be decarbonised by 2050?

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    The World Ports Tracker in TOC Europe

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    Newly-upgraded IAPH World Ports Tracker identifies major sustainability and market trends

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    PortEconomics co-director appointed Senior Scientific Advisor to the Florence School of Regulation

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    Jean Monnet Chair in European Port Policy

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    Two tenure track assistant professor positions in maritime logistics or maritime management

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    Portgraphic: Top-15 EU container ports in H1 2025

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    Book chapter: Maritime transport in net zero

    Book chapter: Maritime transport in net zero

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    Portgraphic: Top-15 EU container ports in H1 2025

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The socioeconomic impact of cruise activities: Heraklion, GreeceCategory

The socioeconomic impact of cruise activities: Heraklion, Greece

July 24th, 2024 Category, Cruise, Featured, Presentations, Thematic Area

READ ALSO

Port reform: World Bank publishes the third edition of its port reform toolkit
Port reform: World Bank publishes the third edition of its port reform toolkit
Stakeholders’ attitudes toward container terminal automation
Stakeholders’ attitudes toward container terminal automation
Newly-upgraded IAPH World Ports Tracker identifies major sustainability and market trends
Newly-upgraded IAPH World Ports Tracker identifies major sustainability and market trends
Jean Monnet Chair in European Port Policy
Jean Monnet Chair in European Port Policy

With cruise activities storming to new record levels, ports and destinations are reorganising their services and upgrading their infrastructures to sustainably host cruise calls and passengers. A critical part of this process is understanding the actual impact of cruise activities on a destination.

In a recent study, PortEconomics members Thanos Pallis and George Vaggelas explored the socioeconomic impact of cruise activities in Heraklion, the major port (and city) on the island of Crete in Greece. The cruise port of Heraklion hosts over 410.000 pax and more than 250 calls per cruise season.

The research is based on data collected from May 2023 to May 2024, with the contribution of 7.266 passengers, 252 crew members, port agents, travel agents, port and nautical services providers, and other stakeholders.

According to the findings of the study:

✅ € 60,2 m. is the total impact of cruise activities in Heraklion and the nearby region.
✅ € 36,05 εκ.is the direct economic impact of cruising (period 2023-2024)
✅  521 full-time jobs are maintained per year due to the presence of cruising

✅ € 47,1 is the average spending/ pax (including homeporting)
✅ € 45,2 s the average spending/ pax (excluding homeporting)
✅ 47% of cruise pax enjoy a shorex (shore excursion), generating an added value of €7.7 m.
✅ € 182,95 is the total spending of the cruise vessel crew members disembarking at Heraklion ( 20% of all cruise members)

 

 

 

 

 

The study – conducted on behalf of Heraklion Port Authority SA – was presented at Heraklion in a seminar attended by several stakeholders, representatives of CLIA Europe, and cruise ports, and the findings are expected to be used to formulate future public and private strategies towards sustainable cruise growth.

You might download the extended version of the study’s presentation here: Pallis T. and Vaggelas G. (2024). Socioeconomic impact of cruise in Heraklion, Crete. University of Piraeus Research Centre, Piraeus.

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Nov 27th 4:33 PM
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PortEconomics co-director appointed Senior Scientific Advisor to the Florence School of Regulation

Nov 25th 10:49 AM
Thematic Area

Jean Monnet Chair in European Port Policy

Nov 20th 11:31 AM
Noticeboard

Two tenure track assistant professor positions in maritime logistics or maritime management

Nov 17th 10:00 AM
Featured

From coal exports to green steel production? The role of circular economy precincts for sustainable port diversification

Nov 14th 11:24 AM
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Book chapter: Maritime transport in net zero

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