4 New Generation Ships Ordered By Norwegian Cruise Line

Norwegian Cruise Line has just announced it has reached an agreement of four new cruise ships with Italian shipbuilder Fincantieri.

The cruise line is ordering four new generation class cruise ships which will be built for delivery in 2022, 2023, 2024 and 2025. There is also an option for another two ships for delivery in 2026 and 2027. These orders put NCL on course for the next 10 years.

Frank Del Rio, president and chief executive officer of Norwegian Cruise Line Holdings Ltd, said:

“This new class of ships will continue Norwegian Cruise Line brand’s legacy of introducing meaningful innovation to the cruise industry.”

“This order continues to highlight our disciplined newbuild program, extends our growth trajectory well into the future, enhances our already attractive earnings profile, and drives expected long-term returns for our shareholders.”

The ships will be 140,000 gross tons and will carry approximately 3,300 guests. The new ships will be designed with the environment in mind featuring fuel consumption reduction technologies which will know more about in the future.

Giuseppe Bono, CEO of Fincantieri, said:

“We are extremely excited to collaborate with Norwegian Cruise Line and this partnership allows us to include a new prestigious client in Fincantieri’s portfolio.”

“We are very proud of the innovative design of these ships and recognize the various stakeholders of the export chain who have contributed decisively to achieving this goal. The significant value of the order will provide substantial economic benefits by extending the employment horizon of our shipyards, and we are honored to support the growth of our country’s economy.”

New innovative features will be on the ships along with freedom and flexibility already found on the current Breakaway-Plus class ships. With at least fours of these ships now on order, we could possibly see some older vessel being sold off or transferred to sister cruise line Star Cruises in Asia.

This will move Norwegian Cruise Line from Meyer Werft which had built all the Breakaway and Breakaway-Plus class ships, it will be a new era in ship construction fro the cruise line. Each ship is costing around 800 million Euros.

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