Carnival orders two cruise ships at Fincantieri

29 October 2012 (Last Updated October 29th, 2012 18:30)

Carnival has signed an agreement with Italian shipbuilder Fincantieri to build two new cruise ships for its Holland America Line and Carnival Cruise Lines brands.

Carnival has signed an agreement with Italian shipbuilder Fincantieri to build two new cruise ships for its Holland America Line and Carnival Cruise Lines brands.

The 99,000t Holland America Line vessel will be capable of accommodating 2,660 passengers, while the 135,000t Carnival Cruise Lines ship will have a carrying capacity of 4,000 people.

Construction of the two ships is expected to cost a total of approximately $195,000 per lower berth, although the agreement is still subject to customary closing conditions.

The Holland America vessel is scheduled to be delivered in late 2015, entering service five years after the debut of the last Holland America ship, Nieuw Amsterdam.

The new Carnival Cruise ship will enter service in winter 2016, four years after the introduction of Carnival Breeze, which was delivered in Monfalcone in spring 2012.

Carnival chairman and CEO Micky Arison said the 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 while minimising revenue yield dilution in the remainder of their existing fleets," Arison said.

With the introduction of new tonnage, the company expects to replace existing capacity by selling older ships.

The new order increases the number of ships Carnival currently has under construction for delivery between 2013 and 2016 to nine.

Two vessels are scheduled for delivery in 2013, two in 2014, three in 2015 and two in 2016.

Including the new order, Fincantieri has built about 61 ships for Carnival.