MSC TO BUILD FOUR 1,000 GUEST LUXURY CRUISE SHIPS

MSC Seaview in Valletta, Malta
MSC Cruises is continuing its impressive growth in the cruise industry as the company today announced an agreement to build four ultra-luxury cruise ships at Fincantieri.
The 1,000-guest, 64,000-ton ships will enter service in 2023, 2024, 2025 and 2026. The memorandum of agreement is for a total value in excess of two million euro, MSC said and marks the company’s first dedicated luxury ships.
Pierfrancesco Vago, MSC Cruises’ Executive Chairman, said: “It is off the back of the great success of our ship-within-a-ship luxury concept that our guests asked us to enter into the ultra-luxury segment, as a natural evolution of the MSC Yacht Club. These ships will be able to offer unique itineraries, thanks to their size, and the guest services will be taken to another level, including our personalized MSC Yacht Club butler service, available 24/7.”
By 2027, MSC will have 25 mega ships in service, up from 15 today. The additional four ships will put the MSC fleet at 29 ships by 2027 with over 98,000 berths and a market capacity of over 5 million guests annually, according to Cruise Industry News estimates.
“I am especially pleased to be able to further extend our partnership with Fincantieri through this new order. The award-winning Seaside and Seaside-Evo class have already been recognized as ground-breaking and innovative designs. We are now introducing another new class, which will establish a new standard of ultra-luxury at sea with ships that will showcase the quality and highest standards that are associated with Made in Italy,” Vago said.
Giuseppe Bono, CEO of Fincantieri, stated: “It is with pride that two great brands – an Italian one and one with a strong Italian DNA -, well-known all over the world, today announce an important construction program. We are extremely satisfied that to launch a new class of ships in the luxury segment, MSC Cruises has acknowledged that our project will allow creating a new generation of cutting-edge units from both a technological point of view, safety and with particular attention paid to passenger comfort. With this project Fincantieri can count on 53 cruise ships in its order book, confirming to be an absolute market leader in all the cruise shipbuilding segments.”

With long waits for new builds, current ships get new cabins

Image result for cruise ship renovations

MS Enchantment of the Seas refurbishment/lengthening in 2005

By Tom Stieghorst |Jul 30, 2018.

Ship renovations are big business and getting bigger as cruise lines face long waits at shipyards to build new vessels.

Celebrity Cruises recently announced it will spend $500 million, up from an original target of $400 million, to modernize its fleet and harmonize it with the new class of ships coming, beginning with the Celebrity Edge.

The Edge is coming in November. There are three more copies coming in 2020, 2021 and 2022. So there’s no lack of new capacity for Celebrity. But if it is interested in adding more, getting space at a shipyard is increasingly competitive: major slots already being booked into 2027.

Likewise, at sister-brand Royal Caribbean International, there are newbuilds lined up, starting with the Spectrum of the Seas in 2019. But like Celebrity, Royal is also on a renovation tear. It has budgeted $900 million to upgrade 10 ships over the next four years, but it wouldn’t be surprising if the end amount of its Royal Amplified program is closer to $1 billion.

The first of those ships, the Independence of the Seas, received a total of 107 new cabins in the process of its renovation, which ended up costing Royal $110 million. In addition to a big block of cabins added above the gym, Royal squeezed a few more cabins here and thereby converting areas from other users.

For example, Royal got rid of a cigar smoking venue, moved the library into the former cigar lounge and then carved four cabins from the old library space.

The Mariner of the Seas, the next ship to get amped up, got a $120 million makeover for the short cruise market out of Florida, raising its capacity from 3,114 to 3,344 at a drydock in The Bahamas.

By adding cabins during drydock, Royal Caribbean is swelling its overall fleet capacity in an under the radar way. It is also taking advantage of the availability of renovation shipyards around the world, which although busy, are not as busy as the European yards where ships get built from scratch.

Some of the new entrants that are clogging the shipyard order books, such as Viking Ocean Cruises and Virgin Voyages, are not much competition for drydock space because their ships are all either under construction or are too new to need much work.

So look for the established cruise lines to do more quiet capacity expansion as they upgrade their ships along the way.

Cruise Ship Orderbook

This Cruiseship Orderbok update is by https://www.cruiseindustrynews.com/cruise-news/cruise-ship-orderbook.html and our thanks go to them.
The Cruise Ship Orderbook is by Cruise Industry News, and is in no way related to us.

The global cruise ship order book lists all confirmed cruise ship newbuild orders through 2026.

Cruise Line Ship Cost(1) Tonnage Capacity Yard Sailing Delivery

2018:

Carnival Horizon
$780 135,000 4,000 Fincantieri Eur/Carib March
Royal Caribbean Symphony $1,300 227,625 5,400 STX France Eur/Carib April
MSC Cruises Seaview $950 154,000 4,140 Fincantieri Europe May
TUI Mein Schiff 1 $625 110,000 2,900 Meyer Turku Europe May
Seabourn Ovation $350 40,350 604 Fincantieri World May
Norwegian Bliss $1,100 164,600 4,200 Meyer Alaska/Carib May
expPonant Le Lapérouse $110 10,000 180 VARD World June
Viking Ocean Viking Orion $400 47,000 930 Fincantieri Europe July
expPonant Le Champlain $110 10,000 180 VARD World August
expHurtigruten Roald Amundsen $220 20,000 530 Kleven Europe August
expScenic Eclipse $185 16,500 228 Uljanik Group World August
Star Clippers Flying Clipper $100 8,770 300 Brodosplit World Q3
Celebrity Edge $900 117,000 2,900 STX France Eur/Carib November
Holland America Nieuw Statendam $520 99,000 2,660 Fincantieri Carib November
expMystic Cruises World Explorer $100 9,300 200 West Sea World November
lngAIDA Cruises AIDAnova $950 183,900 5,000 Meyer Europe December

Note: For a full accounting of cruise ship orderbook trends dating back to 1988, please see the Cruise Ship Orderbook Report
Print Icon Download the Current Orderbook as a PDF


2019:

expCoral Expeditions Adventurer $75 5,500 120 VARD Australia Q1
Viking Ocean Viking Jupiter $400 47,000 930 Fincantieri Europe February
MSC Cruises Bellissima $900 167,600 4,500 STX France Europe March
redCosta Cruises Costa Venezia $780 135,500 4,232 Fincantieri China March
expHapag-Lloyd Hans. Nature $155 16,100 230 VARD World April
TUI Mein Schiff 2
$625 110,000 2,900 Meyer Turku Europe Spring
Royal Caribbean Spectrum $950 167,000 4,100 Meyer China Spring
expOceanwide Hondius $85 6,300 196 Brodosplit World May
expCelebrity Flora $75 5,739 100 De Hoop Galapagos May
expHurtigruten Fridtjof Nansen $220 20,000 530 Kleven Europe Summer
Saga Cruises S/Discovery $350 58,250 1,000 Meyer Europe Summer
expPonant Le Bougainville $110 10,000 180 VARD World Summer
expPonant Le Dumont-d’Urville $110 10,000 180 VARD World Summer
expSunStone Greg Mortimer $65 8,000 160 CMIH World August
expSunStone Unnamed $65 8,000 160 CMIH World September
expHapag-Lloyd H/Inspiration $155 16,100 230 VARD World October
lngCosta Cruises Costa Smeralda $950 183,900 5,000 Meyer Turku Europe October
Princess Sky Princess $760 141,000 3,600 Fincantieri Eur/Carib October
MSC Cruises Grandiosa $900 177,100 4,888 STX France Europe November
Carnival Panorama
$780 135,500 4,200 Fincantieri Carib Fall
expAntarctica XXI M/Explorer $50 4,900 100 ASENAV World Q4
redNorwegian Unnamed $1,100 164,600 4,200 Meyer China Q4
Ritz-Carlton Unnamed $225 25,000 298 Barreras TBA Q4

2020:

expLindblad Unnamed $135 TBD 126 Ulstein World Jan
Regent Splendor $478 54,000 738 Fincantieri World Q1
Celebrity Beyond $900 117,000 2,900 STX France TBA Spring
expSunStone Unnamed $65 8,000 160 CMIH World March
Silversea Silver Moon $370 40,700 596 Fincantieri World April
Saga S/Adventure $350 58,250 1,000 Meyer Europe Summer
expSunStone Unnamed $65 8,000 160 CMIH World September
MSC Cruises Unnamed $900 177,100 4,888 STX France Europe September
Royal Caribbean Unnamed
$950 167,000 4,100 Meyer TBA Fall
Virgin Unnamed $710 110,000 2,860 Fincantieri Carib TBA
redCosta Cruises Unnamed $780 135,500 4,232 Fincantieri China TBA
lngP&O Cruises Unnamed $950 183,900 5,200 Meyer TBA TBA
lngCarnival Unnamed $950 183,900 5,000 Meyer Turku TBA TBA
Princess Unnamed $760 141,000 3,600 Fincantieri TBA TBA
redStar Cruises Unnamed $1,100 204,000 5,200 MV Werften China TBA
expCrystal Endeavor $195 20,000 200 MV Werften World TBA

Note: For a full accounting of cruise ship orderbook trends dating back to 1988, please see the Cruise Ship Orderbook Report
Print Icon Download the Current Orderbook as a PDF


2021:

Ritz-Carlton Unnamed $225 25,000 298 Barreras TBA Q1
Royal Caribbean Unnamed $1,300 227,625 5,400 STX France TBA Spring
lngexpPonant Unnamed $324 30,000 270 VARD World Q2
lngCosta Cruises Unnamed $950 183,900 5,000 Meyer Turku TBA TBA
Virgin Unnamed $710 110,000 2,860 Fincantieri TBA TBA
lngDisney Unnamed $900 135,000 2,500 Meyer TBA TBA
MSC Cruises Unnamed $1,100 168,380 4,560 Fincantieri TBA TBA
Celebrity Unnamed $900 117,000 2,900 STX France TBA Fall
lngAIDA Cruises Unnamed $950 183,900 5,000 Meyer TBA TBA
redStar Cruises Unnamed $1,100 204,000 5,200 MV Werften China TBA
Holland America Unnamed $520 99,000 2,660 Fincantieri TBA TBA
Viking Ocean Unnamed $400 47,000 930 Fincantieri Europe TBA
expCrystal Unnamed $195 20,000 200 MV Werften World TBA

2022:

Ritz-Carlton Unnamed $225 25,000 298 Barreras TBA Q1
Crystal Unnamed $900 117,000 1,000 MV Werften World Q1
lngRoyal Caribbean Unnamed $1,100 200,000 5,000 Meyer Turku TBA Q2
Celebrity Unnamed $900 117,000 2,900 STX France TBA Fall
Virgin Unnamed $710 110,000 2,860 Fincantieri TBA TBA
lngMSC Cruises Unnamed $1,200 200,000 5,400 STX France TBA TBA
lngCarnival Unnamed $950 183,900 5,000 Meyer Turku TBA TBA
Princess Unnamed $760 141,000 3,600 Fincantieri TBA TBA
Norwegian Unnamed $850 140,000 3,300 Fincantieri TBA TBA
Viking Ocean Unnamed $400 47,000 930 Fincantieri Europe TBA
Viking Ocean Unnamed $400 47,000 930 Fincantieri Europe TBA
lngDisney Unnamed $900 135,000 2,500 Meyer TBA TBA
Cunard Line Unnamed $600 113,000 3,000 Fincantieri World TBA
expCrystal Unnamed $195 20,000 200 MV Werften World TBA
lngP&O Cruises Unnamed $950 183,900 5,200 Meyer TBA TBA

Note: For a full accounting of cruise ship orderbook trends dating back to 1988, please see the Cruise Ship Orderbook Report
Print Icon Download the Current Orderbook as a PDF


2023:

lngDisney Unnamed $900 135,000 2,500 Meyer TBA TBA
Norwegian Unnamed $850 140,000 3,300 Fincantieri TBA TBA
redCarnival China Unnamed $750 135,000 5,000 CSSC China TBA
MSC Cruises Unnamed $1,100 169,380 4,560 Fincantieri TBA TBA
Viking Ocean Unnamed $400 47,000 930 Fincantieri Europe TBA

2024:

lngRoyal Caribbean Unnamed $1,100 200,000 5,000 Meyer Turku TBA Q2
lngMSC Cruises Unnamed $1,200 200,000 5,400 STX France TBA TBA
Norwegian Unnamed $850 140,000 3,300 Fincantieri TBA TBA
redCarnival China Unnamed $750 135,000 5,000 CSSC China TBA

Note: For a full accounting of cruise ship orderbook trends dating back to 1988, please see the Cruise Ship Orderbook Report
Print Icon Download the Current Orderbook as a PDF


2025:

lngMSC Cruises Unnamed $1,200 200,000 5,400 STX France TBA TBA
Norwegian Unnamed $850 140,000 3,300 Fincantieri TBA TBA

2026:

lngMSC Cruises Unnamed $1,200 200,000 5,400 STX France TBA TBA

Coastal Ships:

DeliveredAmerican Constellation $30 2,000 175 Chesapeake U.S. May 2017
DeliveredLindblad Quest $48 1,800 100 Nichols U.S. Summer 2017
DeliveredAustralis Ventus $50 4,500 210 ASENAV South Am. Q4 2017
American Constitution $30 2,000 175 Chesapeake U.S. May 2018
Lindblad Venture $48 1,800 100 Nichols U.S. Summer 2018
American Song $30 3,000 195 Chesapeake U.S. Fall 2018
American Unnamed $30 3,000 195 Chesapeake U.S. 2019
American Unnamed $30 3,000 195 Chesapeake U.S. 2020
American Unnamed $30 3,000 195 Chesapeake U.S. 2021
American Unnamed $30 3,000 195 Chesapeake U.S. 2022

Note: For a full accounting of cruise ship orderbook trends dating back to 1988, please see the Cruise Ship Orderbook Report

Print Icon Download the Current Orderbook as a PDF

(1) In Millions (USD) | Costs May Be Estimated

lng: LNG Powered

exp: Expedition Vessel

red: China/Asia Market Dedicated Vessel

Delivered: Delivered

TBA: To Be Announced

Last Updated: January 27, 2018