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Carnival Corporation orders 10th and 11th LNG-fuelled newbuilds

23 Jul 2018

Princess Cruises, a subsidiary of New York-listed Carnival Corporation & plc, Monday entered into a memorandum of agreement with Italian shipbuilder Fincantieri S.p.A. to build two new cruise ships.

The new vessels will be Princess Cruises' first ships to be dual-fuel powered — primarily by liquefied natural gas (LNG) and are slated to be delivered in late 2023 and spring 2025, respectively.

“This revolutionary platform for next-generation, LNG-powered cruise ships will introduce innovative design and leisure experiences driven by the future vacation and lifestyle trends of our guests – further evolving the already best-in-class Princess Cruises experience we deliver today,” said Jan Swartz, president of Princess Cruises.

“We look forward to collaborating with Fincantieri to bring our vision for this next- generation premium cruise ship into service.”

The two ships will be 175,000 gross tons and will accommodate approximately 4,300 guests (lower berths).

“We are proud to extend our long-established partnership with Princess Cruises, a brand we have been tied to since our return to the cruise ship building industry in 1990. After so many years, we are ready to enter, together, a new era of this industry, increasingly aimed at reducing even more of our environmental impact,” said Giuseppe Bono, CEO of Fincantieri.

“We proudly do this with an all-time record project, both in terms of size and technology. We believe that there are no more significant milestones than these to reaffirm our market-leading position.

“This builds upon the solid partnership between our country and Carnival Corporation — the largest foreign investor in Italy – while at the same time building upon our technological strength and increasing employment.”

Carnival Corporation currently has 20 new ships under contract and scheduled for delivery between 2018 and 2025.

Photo credit: Carnival Corporation
Published: 24 July, 2018


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