Carnival Cruise Line Orders Another Newbuild for 2028 Delivery

Carnival Corporation announced it has signed an agreement with Meyer Werft shipyard for a fifth Excel Class cruise ship for its Carnival Cruise Line brand, set to be delivered in 2028.

This announcement confirms the addition of the 11th Excel Class ship to the corporation’s fleet across four brands, with Carnival Cruise Line operating the fifth vessel. This follows a February announcement for a newbuild for Carnival with a 2027 delivery date.

“Carnival’s Excel-class fleet will soon be a quintet of these very popular ships that provide outstanding guest amenities and tremendous operating efficiencies,” said Christine Duffy, president of Carnival Cruise Line.

“Since the introduction of Mardi Gras in 2021 and the subsequent expansion with Carnival Celebration in 2022 and Carnival Jubilee in 2023, these Excel-class ships are driving excitement, demand, and strong guest satisfaction ratings. With the arrival of Carnival Firenze in April, we are completing the addition of five ships to our fleet in less than 20 months, and then we will pivot to another phase of growth with these two Excel ships.”

Like its sister ships, the new vessel will be powered by liquefied natural gas (LNG) and designed to carry over 6,400 guests and 1,800 crew.

“This new order continues to balance our commitment to growth with our responsible capital approach to utilize strong free cash flow over the next several years to strategically improve our balance sheet, significantly reduce our leverage levels and continue to transfer value from debt holders to shareholders,” said Josh Weinstein, CEO of Carnival Corporation.

“Carnival Cruise Line continues to perform at an outstanding level, and we are focused on adding capacity across the company where it aligns with demand and our position in the marketplace,” added Weinstein.

This measured capacity growth strategy will result in our adding one to two ships per year beginning in 2027, and we will be identifying additional fleet plans over the coming months for our cruise lines to meet capacity demand and improve execution across all aspects of our operation, with the benefit of yielding higher return on invested capital.”

“We are proud of the role the Excel Class from Meyer Werft and Meyer Turku has played in contributing to the success of Carnival Corporation for many years now. We look forward to continuing this success story together,” said Bernd Eikens, CEO of Meyer Group.

Saga Looking Into ‘Partnership’ for Cruise Business

Saga has confirmed its looking into potential partnerships for its ocean cruises business based on reports in British media.

“We are looking at how we can offer more cruises to more guests in the future,” Saga Cruises CEO Nigel Blanks said in a statement shared on social media.

“This comes on the back of exceptional demand for our boutique ocean cruise offer,” he continued noting that the Spirit of Discovery and the Spirit of Adventure are operating “close to capacity.”

“With this in mind, we have been looking into the possibility of entering a partnership arrangement for our ocean cruise business as the best way to support further growth,” Blanks said.

The move would also create value for the company’s shareholders, he noted, pointing out to Saga’s “unique business, with a strong brand and committed team.”

“We are still in the early stages of the process of exploring opportunities,” Blanks said, noting that transactions of this nature “usually take months rather than days or weeks.”

Earlier this month, Sky News reported that Saga was looking into a range of potential options for its cruise operations, which included selling a stake in the business.

According to Sky News, the debt-challenged tour operator was working with advisers and also considered selling its two cruise vessels or offloading the entire business under a licensing arrangement.

After initially entering the cruise business with second-hand vessels, Saga Cruises took delivery of two new cruise ships in 2019 and 2020.

Sailing from different ports in the United Kingdom on a year-round basis, the Spirit of Discovery and the Spirit of Adventure were built by the Meyer Werft shipyard in Germany.

Designed to offer a boutique cruise experience, the 55,000-ton sister ships can accommodate up to 999 guests in double occupancy.

AIDAnova Celebrates Five Years in Service

The AIDAnova is completing its fifth year in service this month. After being delivered by the Meyer Werft shipyard, the LNG-powered vessel joined AIDA Cruises fleet on December 12, 2018.

As the first in a series of LNG-powered cruise ships built by Carnival Corporation, the AIDAnova introduced a new generation of vessels for AIDA.

Now sharing the title of largest ship in the fleet of the German operator along with its sister ship AIDAcosma, the 5,200-guest vessel spent its inaugural season in the Canary Islands.

Soon after being delivered, the AIDAnova welcomed guests for its inaugural cruise in St. Curz de Tenerife on Dec. 19, 2018.

On that day, the vessel departed on a seven-night cruise that sailed across the Spanish archipelago and also included a visit to Funchal, in Portugal’s Madeira Island.

In late April 2019, the AIDAnova repositioned to Southern Europe for a summer season in the Western Mediterranean.

Sailing from Palma de Mallorca and Barcelona, in Spain, the ship’s regular seven-night itinerary featured three additional ports in Italy and France: Civitavecchia for Rome, La Spezia for Florence, and Marseille.

Currently sailing from Hamburg, in Germany, the AIDAnova is offering a series of cruises to Northern and Western Europe during the 2023-24 winter.

Different itineraries will be offered through late April, including seven-night voyages to Norway and Denmark, and week-long cruises to Germany, England, Belgium, the Netherlands and France.

The cruises can be combined to create a single 14-night cruise that visits Western Europe, the North Sea and Scandinavia.

The AIDAnova remains in the region during the 2024 summer, offering different itineraries to the Norwegian Fjords, Scandinavia and more departing from the German port of Kiel.