Norwegian Orders 4 New Ships, 2 Options At $1.3 Billion Each
Norwegian Cruise Line Holdings Ltd. has reached an agreement with Fincantieri S.p.A. to construct the next generation of ships for its Norwegian Cruise Line brand.
Four vessels are on order for delivery in 2022, 2023, 2024 and 2025, with an option for two additional ships to be delivered in 2026 and 2027.
The four 140,000 gross ton ships will each accommodate approximately 3,300 guests. The new class of ships will build upon the brand’s most recent Breakaway-Plus Class. The line says a priority of the prototype design is energy efficiency, with the aim of optimizing fuel consumption and reducing environmental impact.
“This new class of ships will continue Norwegian Cruise Line brand’s legacy of introducing meaningful innovation to the cruise industry,” said NCLH president & CEO Frank Del Rio. “This order continues to highlight our disciplined new-build program, extends our growth trajectory well into the future, enhances our already attractive earnings profile, and drives expected long-term returns for our shareholders.”
Norwegian Cruise Line president & CEO Andy Stuart had this to say:
“For the past 50 years, Norwegian Cruise Line has been focused on offering our guests the very best in cruising. It is with great excitement that we look ahead to our next 50 years, which includes this next generation of ships that will offer guests the innovative experiences that have come to define the Norwegian Cruise Line brand.”
The contract price for each of the four vessels is approximately $1.3 billon.