Norwegian Cruise Line has unveiled the most intricate new ship build order in its history, with eight new cruise ships planned. These state-of-the-art vessels represent over 25,000 additional berths and new classes of ships for each of its three brands.
As part of its strategic expansion, Norwegian Cruise Line also announced the construction of a multi-ship pier at Great Stirrup Cay, a prime private island destination in the Bahamas, demonstrating the company's foresight and commitment to enhancing its offerings.
The new pier development at the company's private island in the Bahamas is planned to break ground in the Summer of 2024 and be completed by late 2025. It will require an investment of approximately USD $150 million.
The new ship orders are scheduled for delivery between 2026 and 2036. Following the delivery of four Prima-Plus class ships from 2025 to 2028, Norwegian Cruise Line expects to deliver four 200,000 gross-tone ships, each with a capacity of 5,000 guests.
"This strategic new-ship order across all three of our award-winning brands provides for the steady introduction of cutting-edge vessels into our fleet and solidifies our long-term growth," said Harry Sommer, president and chief executive officer of Norwegian Cruise Line.
"We are excited about adding a new pier at Great Stirrup Cay to support our increased capacity in the Caribbean and multiple ships' calls on the island. This will enhance our guest experience and bring seamless and reliable access to our private island year-round."
In partnership with the Italian shipbuilder Fincantieri, each brand will design its new ship to create its fleet's largest, most efficient, and innovative vessels.
The new ship designs align with the company's sustainability efforts and are expected to advance the journey towards decarbonisation.
"Over the years, our long-standing relationship with Norwegian Cruise Line Holdings has been rooted in a shared vision for the future of maritime travel, consistently setting new standards for innovation, luxury, sustainability, and guest satisfaction in the cruise industry," said Pierroberto Folgiero, CEO and Managing Director at Fincantieri.
"We are thrilled to work on these new build orders and deliver emblematic cruise ships that will embody our shared legacy of excellence for generations to come."
Fincantieri has obtained export credit financing, which will fund 80 percent of the contract price of two Oceania Cruises and Regent Seven Seas Cruise Ships.
Norwegian Cruise Line is expecting a four-ship order to replace a separate, effective, two-ship order for Oceania Cruises initially placed to secure availability with the shipyard.
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