Posted by: cruise2 | 31 October, 2012

The Latest Cruise Ship Orders

by Kevin Griffin writing in

This month has brought news of three new cruise ship orders for beleaguered European shipyards, one order coming from Norwegian Cruise Line and one each from Holland America Line and Carnival Cruise Lines.

Norwegian Breakaway: The Waterfront

The first announcement came two weeks ago from Norwegian Cruise Line, when it stated that it had reached agreement with Meyer Werft in Germany to build a new ship for delivery in October 2015, with an option for a second to be delivered in the spring of 2017.

The new ship, at 163,000 gross tons and 4,200 passenger berths, will be larger than the 146,600-ton 4,000-berth “Breakaway” class ships now being built by Meyer Werft but will incorporate many of these ships’ new design elements. The new “Breakaway Plus” ship will be the largest in the Norwegian fleet.

The contract price of about €700 million is financed by export credit guarantees. Norwegian ceo Kevin Sheehan said, “This new order further solidifies our commitment to continued innovation in terms of the guest experience and will incorporate technical and environmental advances as well.”

Meyer Werft in Papenburg with Norwegian Dawn

The new ship, along with the option for a second, will be the tenth and eleventh that the Company will have built at Meyer Werft.

Meanwhile, on Friday, Carnival Corporation & plc announced that it had reached agreement with Italian shipbuilder Fincantieri to build two new ships – a 2,660-berth 99,000-ton ship for Holland America Line, for delivery in the autumn of 2015, and a 135,000-ton 4,000-berth ship for Carnival Cruise Lines, for delivery in early 2016.

A memorandum of agreement has been signed for the construction of the two ships, the total cost for which, including US dollar-denominated contract price and all owner’s costs, will be about $1.3 billion, or about $195,000 per lower berth. This memorandum is subject to customary closing conditions, including execution of shipbuilding contracts and financing.

Carnival Breeze

The Holland America ship will be a new class of vessel for the line, and will enter service five years after the last Holland America delivery,  Nieuw Amsterdam of 2010. The Carnival Cruise Lines vessel, also of a new class, will be launched four years after Carnival Breeze, which debuted this spring.

This timing is similar to the five-year span between upcoming new ship introductions for both Princess Cruises and P&O Cruises.

“To-day’s order continues the company’s strategy of introducing two to three ships per year across the corporation’s ten brands. We have strategically timed the introduction of these new ships to allow ample time for those brands to further grow their passenger base and absorb the new capacity,” said Micky Arison, chairman and ceo of Carnival Corporation & plc.

Carnival Corporation & plc now has nine new ships scheduled for delivery – two each in 2013 and 2014, three in 2015 and two in 2016. The addition of new tonnage is expected to some extent to replace existing capacity reductions from possible sales of older ships. The oldest classes of ship currently operated by these two brands are the eight Carnival Fantasy class and Holland America’s Statendam class and Prinsendam.


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