AIDA Orders Two New Ships From Fincantieri

Carnival Corporation today announced an order for two new ships for AIDA Cruises, a new class of mid-sized vessels.

The agreement with Italian shipbuilder Fincantieri provides for the design, engineering, and construction of these multi-fuel-capable ships, which will be delivered in the first quarter of the fiscal years 2030 and 2032, respectively.

“With approximately 2,100 cabins each, these remarkable new ships give our guests a completely new class of ship which slot in perfectly between our 1,600 cabin Hyperion Class vessels and our more than 2,600 cabin Helios Class vessels,” said Felix Eichhorn, President of AIDA Cruises. “Our next generation of ships will delight our guests with amazing new features and experiences that we will reveal over time. Its innovative technology with multi-fuel propulsion systems, including LNG, will future-proof our operations into the coming decades.”

Eichorn added that once the second ship is delivered, AIDA will have a total of 13 ships in its fleet, further expanding its leadership position in the German cruise market.

“The introduction of these next-generation ships, when combined with the AIDA Evolution program modernizing much of the existing fleet’s décor, features and technologies, will drive even more demand for our AIDA brand, which is synonymous with cruising in Germany,” said Josh Weinstein, chief executive officer of Carnival Corporation.

According to Weinstein, with today’s order, Carnival Corporation’s newbuild pipeline includes eight new ships scheduled to enter service between now and 2033, including Star Princess this year and one each from 2027 to 2033.

“We’re maintaining our disciplined approach to growth and strategically directing new capacity to the highest-performing brands in our world-class portfolio like AIDA Cruises and its sister brand Carnival Cruise Line, which now account for seven of our eight ships on order. This growth plan will maximize our returns and allow us to use our strong free cash flow to continue lowering our debt balance and transferring value from debt holders back to shareholders,” he said.

“We are honored that our long-standing partner Carnival Corporation has selected Fincantieri to build ships for AIDA Cruises for the first time in our history. This milestone confirms our ability to serve the entire Carnival Corporation portfolio while ensuring long-term visibility for our shipyards. These new ships will embody the most advanced technologies for sustainability and efficiency, further strengthening Fincantieri’s and Carnival Corporation’s roles as leaders in cruise industry innovation,” said Pierroberto Folgiero, CEO of Fincantieri.

Galveston to Support Cruise Growth with Updated Master Plan

The Galveston Wharves Board of Trustees announced plans to fund an updated 20-year Strategic Master Plan and to continue to support the development of additional cruise infrastructure.

According to a press release, the plans were voted on Feb. 6, 2025, and come after a record year for cruise operations in 2024.

As the nation’s 4th-ranked cruise port, Galveston saw 3.4 million passenger movements through its three terminals last year.

The port is set to open a fourth cruise terminal in November, which will serve as a homeport for MSC Cruises and Norwegian Cruise Line.

Galveston forecasts more than 400 sailings and almost 3.6 million passenger embarkations and debarkations will take place at the port this year.

The current master plan, adopted by the Wharves Board in 2019, includes plans to double the number of cruise terminals from two to four, to build an internal roadway to accommodate more port traffic and expand its cargo complex.

These major projects are either completed or in various stages of construction, the Galveston Wharves Board said.

“Our updated master plan will look at growth opportunities in all of our business lines – cruise, cargo and commercial,” said Rodger Rees, Galveston Wharves port director and CEO.

“The board’s unanimous vote to support cruise infrastructure growth reflects the economic benefits that our cruise business provides and allows us to continue to invest in our cargo business,” he added.

The port’s cruise industry is a major economic engine for local and regional businesses, the Galveston Wharves Board said.

In 2023, cruise operations generated 4,547 jobs for Galveston area residents, $733 million in business revenues, $291 million in personal income and $25 million in state and local taxes.

“The updated master plan will evaluate all that we’ve accomplished to date and lay a foundation for continued growth based on new cruise and cargo forecasts and port and community goals,” Rees said.

“The master plan has served us well. It’s been our roadmap for major capital projects to grow our business and maximize port assets while managing potential community impacts.”

According to the Galveston Wharves Board, much has changed in the last five years, with the cruise business growing faster than forecast and construction costs continuing to rise.

“A big focus in the master plan update will be how we can continue to efficiently manage traffic on and around Harborside Drive as our cruise, cargo and commercial businesses grow. Our current master plan includes a 2.25-mile-long internal roadway, cueing lanes at cruise terminals and on-site parking garages,” Rees added.

The port also wants the updated plan to consider locations for the USS Texas, public areas on the waterfront and safely connecting the port’s waterfront commercial areas to downtown.

Several items in the current plan will be addressed, including dock and wharf improvements, development potential for port acreage on Pelican Island, drainage improvements and a public boardwalk, to name a few.

Master plan consultants from Bermello Ajamil and Partners Inc. will evaluate these projects, update cost estimates and identify new opportunities.

Consultants will hold workshops and public meetings to gather input from Wharves Board members, port partners and the community.

“Armed with this information, we’ll be prepared to continue to maximize our port assets and remain a strong community asset,” Rees said.

Fred. Olsen’s Balmoral Getting Upgrades in Drydock

Fred. Olsen Cruise Lines’ Balmoral is currently undergoing upgrades at the drydock of the A&P Shipyard in Falmouth, England.

According to an update shared by the company, the 1988-built ship is not only undergoing technical maintenance but also hotel upgrades.

One of the projects being carried out includes the addition of a digital photo gallery, which replaces the vessel’s current photo walls.

The Balmoral is also seeing new central computer systems being set up in the Neptune Lounge. The hardware will be used to control the lounge’s audio and lighting, as well as a new set of LED walls that is also being added.

Wi-Fi coverage and access points are being worked on, Fred. Olsen said, allowing guests to have better access to the internet when on balconies and out on open decks.

On the technical side, the Balmoral is having its lifeboats serviced with general maintenance and upgrades.

Fuel, ballast, potable water and grey water tanks are being emptied, cleaned, inspected and recertified while a new coat of silicon-based antifouling paint is being applied to the ship’s hull.

The 1,340-guest vessel is getting a new propeller that features an optimized design to improve energy efficiency and minimize emissions.

Balmoral’s main engines are also being overhauled to ensure optimal performance, while any steel that is showing signs of corrosion will be replaced.

After completing its drydock, the ship is welcoming guests back for a six-night cruise to Northern Europe on Dec. 16, 2024.

Sailing roundtrip from Southampton, the “European River Cities & Christmas Markets” features visits to destinations in France and Belgium, including Rouen and Antwerp.

Originally built for the Royal Cruise Line at the Meyer Werft shipyard, the Balmoral was acquired by Fred. Olsen Cruise Lines in 2007.

Before entering service for the brand, the ship was lengthened at the Blohm + Voss shipyard, receiving a new 30-meter midsection.