Italy-based shipbuilder Fincantieri will build a further four ships for Viking, a Swiss cruise line, in a deal valued at around €1.7bn.

As part of an agreement signed in March 2018 for six vessels, Fincantieri and Viking have now actioned the contracts for the construction of the third and fourth ships.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The companies also announced the signing of a contract for the fifth and sixth vessels to be built subject to access to finances.

Fincantieri plans to deliver the third and fourth ships in 2026 and 2027, respectively, with the other two units planned for delivery in 2028.

Fincantieri and Viking have developed the project for the six vessels in partnership, with features of previous ships, upgrades and the latest technologies being integrated.

Featuring modern safety systems, the new Viking ships will be built according to the latest navigation regulations.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The new ships will also be developed with the option to operate on hydrogen fuel cells.

So far, the companies have collaborated on 18 vessels, including two purpose-built expedition vessels from Fincantieri’s subsidiary Vard.

In a separate move, Fincantieri Bay Shipbuilding (FBS), a unit of Fincantieri Marine Group, broke ground on a new machine shop at its Sturgeon Bay location in Wisconsin, US.

Intended to be used for FBS’ repair business, the new 19,000ft² machine shop will help shipbuilders access two overhead cranes that will be able to lift 5t and 30t, respectively.

The other end of the 300ft-long building will feature offices, restrooms, a lunchroom and a tool room.

As a subsidiary of Fincantieri, Fincantieri Marine Group serves commercial and government customers in the US.