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Friday, May 24, 2019

Maritime Logistics Professional

January 10, 2019

Fincantieri to Build Two New Ships for Norwegian's Oceania Cruises

Image: Oceania Cruises

Image: Oceania Cruises

The largest shipbuilder in Europe Fincantieri and the US Group Norwegian Cruise Line Holdings Ltd. signed a contract for the construction of two new generation cruise ships for the Oceania Cruises brand, with delivery scheduled respectively in 2022 and 2025, which will start the “Allura-Class”.

The agreement has an overall value exceeding 1 billion euros.

With about 67,000 tons and the capacity of accommodating approximately 1,200 passengers on board, these units will be the new flagships of Oceania Cruises future fleet, for which the Group has built in 2011 and 2012 respectively “Marina” and “Riviera” at the Sestri Ponente (Genoa) yard.

“We are excited to expand the Oceania Cruises fleet with our new Allura-Class ships to meet the strong demand for culinary- and destination-focused cruise vacations around the globe” said Frank Del Rio, President and CEO of Norwegian Cruise Line Holdings Ltd. “This new class of ships will further elevate the already best-in-class guest experience at Oceania Cruises and meaningfully strengthen demand from both new and loyal returning guests, which will ultimately drive further returns for shareholders”.

“This new successful project for Oceania Cruises is yet another demonstration of our ability to capitalize on product innovation and diversification to meet the needs of every type of customer, a capability that distinguishes us in the world” said Giuseppe Bono, CEO of Fincantieri. “The order we are announcing today, indeed, reiterates not only our first place in the luxury sector, but at the same time it further strengthens an unprecedented leadership in the cruise sector, with a backlog of 55 vessels to be built for most of the brands operating on this market, and deliveries extending all the way to 2027”.

Norwegian Cruise Line Holdings is one of the leading cruise companies in the world. Besides Oceania Cruises, it operates the Norwegian Cruise Line brand, for which Fincantieri is developing the new “Leonardo” class, 6 units which will be delivered between 2022 and 2027, and the Regent Seven Seas Cruises brand, to which Fincantieri has delivered in 2016 the ultra-luxury ship “Seven Seas Explorer” in Sestri Ponente and is now building a sister ship with delivery expected in 2020 in Ancona.