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Carnival signs MoU for three additional LNG-powered cruise ships

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LNG Industry,

Carnival Corp. & plc has announced that it has signed a memorandum of understanding (MoU) with Meyer Werft and Meyer Turku to deliver three additional next-generation, LNG-powered cruise ships. The shipbuilding agreements are subject to a number of conditions, including satisfactory financing.

The company claims that two of these new vessels will be constructed by Meyer Turku at its shipyard in Finland, and are designated for the Carnival Cruise Line brand. They are expected to be delivered in 2020 and 2022. The third vessel is designated for P&O Cruises UK, and will be constructed by Meyer Werft at its shipyard in Papenburg, Germany. It is expected to be delivered in 2020.

Carnival claims that, in conjunction with the order, the delivery dates for newbuilds for AIDA Cruises and Costa Cruises have been pushed back from 2020 to 2021. The company claims that this will allow the company to more effectively allocate measured capacity growth across its 10 global brands in more markets throughout the world.

Overall, Carnival now has agreements for the construction of seven LNG-powered cruise vessels across four of its brands in coming years. The first vessel is expected to commence service for Costa Cruises and AIDA Cruises in 2019.

Arnold Donald, the CEO of Carnival Corp. & plc, said: “We are proud to be at the forefront of introducing LNG-powered ships to the cruise industry, working with our partners to achieve shipbuilding breakthroughs like this that will help us produce the most efficient and sustainable ships we have ever built.

"This is also an important step in our fleet enhancement plan that enables us to execute on our long-term strategy of measured capacity growth over time, while delivering innovative new ships that further elevate our already great guest experience. Every time we launch a new ship, we have a new opportunity to create excitement and show consumers why cruising is a great vacation at an exceptional value, especially for those who typically consider land-based vacations."

This year, the company has already taken delivery of three new vessels for its AIDA Cruises, Carnival Cruise Line and Holland America Line brands, and is planning to launch the new Seabourn Encore in December. Including the Seabourn Encore and the three newly-announced vessels, Carnival has a total of 18 new ships scheduled for delivery between 2016 and 2022.

Bernard Meyer, Managing Partners of Meyer Werft, said: “We are excited to welcome P&O Cruises back to Meyer Werft in Germany and Carnival Cruise Line back to Meyer Turku in Finland. These new ships will be built in our most modern and environmentally friendly facilities, and we are very proud to design, build and deliver these ships that provide breakthroughs in innovation and for the environment."

Edited from press release by David Rowlands

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