Italian shipbuilding group Fincantieri has secured a deal from Norwegian Cruise Line Holdings to build four next generation ships.

An investment of around €800m per ship has been made as part of the contract, to be delivered at a rate of one per year from 2022 to 2025.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Also included in the agreement is an option for two additional ships, to be delivered in 2026 and 2027.

The four new 140,000t ships will be deployed under the Norwegian Cruise Line brand, and will each accommodate around 3,300 guests.

The ships will be built on the basis of the brand's latest Breakaway-Plus Class ship design and will feature several other innovative designs.

"This order continues to highlight Norwegian Cruise Line Holdings’ disciplined newbuild programme, extends our growth trajectory well into the future and drives expected long-term returns for our shareholders."

Norwegian Cruise Line Holdings president and CEO Frank Rio said: “This new class of ships will continue Norwegian Cruise Line brand's legacy of introducing meaningful innovation to the cruise industry.

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.

“This order continues to highlight our disciplined newbuild programme, extends our growth trajectory well into the future, enhances our already attractive earnings profile, and drives expected long-term returns for our shareholders.”

The company also noted that it has already obtained export credit financing to fund 80% of the contract price of each ship delivered through 2025, subject to certain conditions.

Norwegian Cruise Line Holdings previously entered into an agreement with Fincantieri for a new ship in March last year.

The vessel is planned a sister ship to the cruise line’s new Seven Seas Explorer, and is currently scheduled to be delivered by 2020.