Fincantieri: ‘Covering All Brands’ with Eye on Future Fuels

Posted on 19 April, 2024 by Spacejunkie2

Coming off a big newbuild order from Norwegian Cruise Line Holdings, Daniele Fanara, director of new building and after-sales at Fincantieri, is positive about the future.

“We are serving all segments of the market, from small luxury vessels to mega-size vessels to upper premium,” said Fanara, speaking to Cruise Industry News. “This covers all the brands in the cruise industry.”

Fanara said Fincantieri was very proud to be working with a variety of operators and being able to serve each of them in a tailored customized way.

“We have cross-fertilization with our technology, including the capacity to design the vessel,” he added.

NCLH Order

The new Norwegian Cruise Line Holdings order for eight ships includes orders for all three company brands, with new classes of ships for each of them. Norwegian, Oceania and Regent will all get new bigger ships, with orders for the Norwegian brand stretching to 2036.

“We are proud of the trust that Norwegian gave us to develop such an important program,” said Fanara.

Looking at future technologies, Fanara said the ships were being developed.

“Our attention is focused on three main fuels,” he said. “One is LNG, one is methanol, and one is hydrogen. Hydrogen is the most innovative one. We are developing new ideas on how and when we can implement hydrogen onboard the vessels.”

New ships for Oceania and Regent are being developed to be methanol-ready.

“Today there is no real answer on the fuel of the future,” Fanara continued. “It’s a matter of availability. What’s important from our side is that we are always studying the latest technology available. We are also exploring CO2 capture technology.”

Fanara said among the alternative fuels, LNG was notable in the fact it was being used today.

“Ships are sailing on LNG. The other technology is in a different phase of development. We need to monitor them so we are ready to implement them if necessary,” he explained.

Questions are coming in from cruise lines on alternative fuel practicalities, Fanara said, but with the most questions on hydrogen.

“It is the most innovative, it is the most unknown.”

Industry

Fanara called the cruise industry resilient.

“Soon after Covid, the speed at which the industry recovered and came back to strong booking and revenue levels is incredible,” he said.

Fanara expects other orders to follow, citing market demand and the value gap between cruise- and land-based vacations.

Shipbuilding Costs

Costs are up to build ships.

“A greener vessel is for sure more expensive to build,” Fanara noted. “But is the value of this additional cost worth it for the industry?

“The owners can say the ships are more expensive. We had Covid, we had wars and the result of this has been inflation. If you mix inflation and the technology transition, the result is not less expensive ships.”

NCLH: Measured Cruise Capacity Growth at 28%

Posted on 4 March, 2024 by Spacejunkie2

A key cornerstone of Norwegian Cruise Line Holdings’ long-term strategy is measured capacity growth, said Harry Sommer, president and CEO, speaking on the company’s year-end and fourth quarter earnings call.

He pointed to the company’s newbuild pipeline of five ships and its 2023 to 2028 capacity growth, which represents 28 more supply for the company’s trio of brands in Norwegian, Oceania and Regent.

That averages out to a compound annual growth rate of five percent, he advised.

“Historically, capacity growth has led to outsized revenue and EBITDA growth and we expect this capacity growth to be no different and deliver meaningful top and bottom line growth,” Sommer noted.

“We believe that these measured capacity additions will enable us to further enhance our long-term profitability and continue to significantly strengthen our balance sheet while providing guests new and innovative experiences,” he said.

“We continue to experience strong and resilient customer demand across all three of our brands. The strong momentum we saw in 2023 has continued into 2024 with an all-time high booked position and pricing buoyed by strong wave season demand. This has led to some of the best booking weeks in the company history, which began with successful Black Friday and Cyber Monday promotions.

“In general, we continue to see healthy demand across all markets, brands and products.”

Norwegian Dawn: Mauritius blocks cruise ship over cholera fears

Posted on 26 February, 2024 by Spacejunkie2

Mauritius has denied a Norwegian cruise ship permission to dock at the capital Port Louis over fears of a potential cholera outbreak on board.

At least 15 people on the Norwegian Dawn have been in isolation over suspected illness.

Mauritian authorities said the decision to block the ship was “taken in order to avoid any health risks”.

Samples were taken for testing on Sunday, with results expected to be known on Tuesday.

The passengers developed mild symptoms of a stomach illness during a trip to South Africa, a representative of Norwegian Cruise Line Holdings said.

Mary Francovilla Dees, 69, a passenger on the Norwegian Dawn told the BBC that despite the delay the atmosphere on the ship has been “fairly calm”.

“The passengers on this ship have appeared to take this in their stride,” she said.

Ms Francovilla says passengers have entertained themselves by sitting by the pool, attending shows and going to the bar.

A Dutch passenger on board told BN DeStem they were told there could be a cholera outbreak on board by the captain.

There have been cholera outbreaks in southern Africa over the last few months, with Zambia being hardest hit.

Since January 2023, at least 188,000 people have been infected with cholera across seven countries in southern Africa, according to the UN. More than 3,000 people have died.

“The health and safety of passengers as well as that of the country as a whole are of the utmost to the authorities,” the Mauritius Ports Authority said.

The ship arrived in Mauritius on Saturday evening after arriving a day early because it did not stop in Réunion Island.

There are 2,184 passengers and 1,026 crew members on the ship. About 2,000 planned to disembark in Port Louis, with another 2,000 expected to board at the same time.

Those who were disembarking or joining the cruise will now do so on 27 February, the Norwegian Cruise Line spokesperson said.