Fincantieri, Princess Ink Deal for Three LNG-Fueled Ships
Fincantieri and Princess Cruises signed an agreement for the construction of three new LNG-powered cruise ships. The vessel, part of a new âVoyagerâ class, will be built at Fincantieriâs Monfalcone yard, with deliveries scheduled for 2035, 2038 and 2039. While financial details were not disclosed, the contract has been described as significant and remains subject to financing and standard conditions.Each ship will be approximately 183,000 gross tons and carry around 4,700 passengers, placing them among the larger vessels in the Princess fleet.
Cruise Shipbuilding Keeps European Yards Busy to mid-2030s
A flourishing cruise market and European shipbuildersâ unerring contractual success in the sector has taken orderbooks into the middle of the next decade, ensuring production continuity and underpinning fresh capital expenditure and R&D commitments by the continentâs foremost players.Just how important the segment is to the industry and supply chain may be gauged from the fact that at least three-quarters of the value of European yardsâ commercial orderbooks is attributable toâŠ
Meyer Turku: Cruise Vessel Demand Drives Strong Orderbook
In the world of large cruise ship construction, few yards operate at the level of Meyer Turku, which recently unveiled its 2025 results which serve as a turning point, not just in financial recovery, but in long-term strategic positioning.The numbers, at first glance, tell a familiar post-pandemic story. Turnover climbed to âŹ2.14 billion, up more than 17% year-on-year, while adjusted EBIT reached âŹ105.1 million, marking a continued recovery from losses just two years prior. But beneath the financials lies a more consequential shift: a yard restructuring itself for independenceâŠ
Meyer Werft's "Vision": A Battery-Electric Cruise Ship Concept
German shipbuilder Meyer Werft has introduced a concept for what it says would be the worldâs first fully battery-electric cruise ship exceeding 80,000 gross tons, signaling a bold step forward in the industryâs push toward decarbonization.The concept, dubbed âVision,â was unveiled at Seatrade Cruise Global in Miami. According to the yard, the 275-meter vessel would accommodate 1,856 passengers and deliver up to a 95% reduction in greenhouse gas emissions compared to conventional cruise ships.The design leans heavily on existing battery technology rather than speculative future solutions.
First Hydrogen-Fueled Cruise Ship Launched
Fincantieri has launched what it says will be the worldâs first hydrogen-powered cruise ship. Viking Libra was floated out at the companyâs Ancona shipyard in Italy and is being built for cruise operator Viking, with delivery scheduled for late 2026.At approximately 54,300 gross tons and 239 meters long, the ship will accommodate up to 998 passengers across 499 cabins, consistent with Vikingâs small-ship positioning. The vessel will feature a hybrid propulsion system incorporating liquefied hydrogen and fuel cells, enabling zero-emission operations in certain conditions.
Cruise Shipping: Seatrade Cruise Global Debuts Wellness Oasis
~New immersive hub will infuse wellness programming throughout the conference and create a platform for new voices, innovations and experiences across the cruise ecosystem~Seatrade Cruise Global, the largest and longest-running event of its kind serving the international cruise industry, has announced the debut of the first-ever Wellness Oasis â a new, dedicated hub designed to explore the future of wellness at sea through immersive programming, innovation and connection.Launching at Seatrade Cruise Global 2026âŠ
Fincantieri Delivers Norwegian Luna Cruise Vessel
Fincantieri delivered the cruise ship Norwegian Luna to Norwegian Cruise Line during a ceremony at the builderâs Marghera shipyard in Italy, marking the second vessel in the expanded Prima Plus class.The 156,000-gt ship follows sister vessel Norwegian Aqua, delivered in 2025, and represents an evolution of the original Prima-class ships Norwegian Prima and Norwegian Viva, which were also built by Fincantieri. At approximately 321 meters in length with capacity for about 3,550 passengersâŠ
Norwegian Cruise Line Projects Weak Profits
Norwegian Cruise Line Holdings forecast annual profit below Wall Street expectations, as demand for its higherâpriced voyages softened amid economic uncertainty and rising geopolitical tensions.Shares of Norwegian fell about 7% in premarket trading, mirroring a broader market selloff sparked by escalating conflict between the U.S. and Israel, and Iran.
NCL Appoints Chidsey CEO
Norwegian Cruise Line Holdings appointed John Chidsey as its chief executive officer, effective immediately, replacing Harry Sommer, who is stepping down.The company said Chidsey, 63, who had served at the helm of Subway Restaurants for five years until December 2024 and Burger King Holdings, was appointed to Norwegian's board in 2025, following a previous stint from 2013 to 2022.Sommer, who took the top job at the company in 2023, departed the company and resigned from the board on Thursday, according to an SEC filing.
Carnival Raises Profit Forecast
Carnival Corp raised its annual profit forecast on Monday, leaning on strong demand and higher ticket prices for its cruise vacations to offset mounting costs.The cruise operator has been investing heavily to offer more unique and private experiences by expanding its portfolio to meet strong demand for exclusive destinations. These included a $600 million investment in Celebration Key, an ambitious private resort destination on Grand Bahama, to help maintain its competitive edge.Bundled packagesâŠ
Tallinkâs Passenger Numbers on the Rise
Tallink Grupp transported 1,488,128 passengers with its vessels in the second quarter of 2025, marking a 2.5% increase compared to the same period last year.In June alone, passenger numbers rose by 4.9%, reaching 598,977.Growth in passenger numbers was led particularly by the EstoniaâFinland route, which saw a 4.9% increase over the quarter and a notable 14.8% surge in June. The FinlandâSweden route experienced steady growth of 2.8% in Q2. The 10.9% decline in passenger numbersâŠ
Fincantieri Delivers Cruise Ship Viking Vesta
Viking Vesta, the second of a new series of cruise ships that Fincantieri is building for the shipowner Viking, was delivered today at the Ancona shipyard.The ceremony was attended by Torstein Hagen, Chairman and CEO of Viking, and Luigi Matarazzo, General Manager of the Merchant Ships Business Unit of Fincantieri.The vessel belongs to the segment of small cruise ships. With a gross tonnage of approximately 54,300 tons, Viking Vesta has 499 cabins and can accommodate 998 passengers on board.
Chairman Louis E. Sola Announces Departure From FMC
June 30, 2025, marks the conclusion of Louis E. Solaâs tenure as Chairman of the U.S. Federal Maritime Commission (FMC).Sola issued a statement saying: âServing our nation in this capacity has been the honor of a lifetime. I have had the privilege of helping safeguard the integrity of the U.S. maritime industry, bringing greater transparency to port operations, and overseeing a supply chain that moves more than $5 trillion in goods annually.âNominated by President Donald J. Trump in 2018 and unanimously confirmed by the U.S.
Bolidt Acquires Boteka to Consolidate Cruise Industry Position
Bolidt has acquired a majority stake in Florida-based Boteka, a move intended to consolidate Bolidtâs position in the global cruise industry.As a specialist in prefabricated elements for cruise ships, Boteka has worked exclusively with Bolidt products during a 14-year relationship that has seen the two parties serve major operators including Norwegian Cruise Lines, Royal Caribbean Group, and Celebrity Cruises. The collaboration has covered both newbuild and retrofit projects.In line with Bolidtâs âall-under-one-roofâ principleâŠ
MSC Opens New Cruise Terminal in Barcelona
MSC Groupâs Cruise Division has officially inaugurated a new MSC Barcelona Cruise Terminal in Spain.The occasion coincided with the first call of Explora II at the new terminal - the second ship from luxury lifestyle ocean travel brand, Explora Journeys.The terminal incorporates energy-saving technologies and sustainable materials including solar panels and optimized natural light, to minimize the need for artificial lighting along with a rainwater collection system to supply water for toilets and landscaped areas to reduce water usage.
Captain McCue Takes the Helm of Four Seasons Yachts Inaugural Vessel
Four Seasons Yachts reports the appointment of Kate McCue as the inaugural Captain of Four Seasons l, the first ultra-luxury yacht in the highly anticipated fleet. A graduate of the California Maritime Academy, Captain Kate brings nearly three decades of maritime expertise, combining technical precision with a passion for hospitality to create a truly transformative yachting experience. A pioneer in the industry, she made history in 2015 as the first American female captain ofâŠ
Carnival Corp Leans on Tech to Boost Vessel Efficiency, Cut Emissions
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company, is advancing greater fuel efficiency for propulsion through hull designs and new hardware and technology, along with underwater drone inspection and cleaning trials.This work is done through complementary strategies focused on maximizing hydrodynamic performance and enhancing ongoing hull maintenance, which reduces a shipâs underwater drag. Here's a synopsis of the CCL strategy:Hull Designs: When selecting the optimal hull designâŠ
Frese FuelSave Available to the Cruise Market
Global Marine Management and World Wide Metric announced a new strategic agreement to offer Frese FuelSave, an advanced energy optimization solution, to the cruise market, helping them reduce energy consumption, lower emissions, and improve sustainability.Frese FuelSave is a dynamic flow control solution designed to optimize energy usage with onboard cooling and HVAC systems. By ensuring precise temperature and flow control, it enables significant fuel savings and enhances overall system performance.
Cruise Shipping Stocks Tank on Lutnick Tax Comments
As the Trump Administration sweeps through its first month in office with a torrent of restructuring in government, it seems even Mickey Mouse is fair game. Cruise operators which service the dominant U.S. cruise market routinely so-called âflags of convenienceâ outside of the U.S., a provision that allows them to avoid taxation.In speaking with Fox News last night, and widely reported on multiple news outlets, Commerce Secretary Howard Lutnick reportedly suggested that the federalâŠ
Cruise Shippingâs Historic Rebound
Battered by Covid, the cruise industry was down but not out. Today it is setting records in passenger count + the size and cost of a new fleet.Post-Pandemic, the fortunes of the big cruise companies have brightened dramatically. A late December, 2024 earnings release from Carnival Corporation & plc (NYSE: CCL), encompassing brands including Carnival Cruise, Holland America, Cunard, Princess Cruises and others, says it all: âThis has been an incredibly strong finish to a record year,â said CCLâs CEO Josh Weinstein, in its statement.
CBP and Royal Caribbean Use Biometric Facial Recognition Technology in Puerto Rico
U.S. Customs and Border Protection (CBP), in collaboration with Royal Caribbean, conducted the first biometric debarkation for Royal Caribbean cruise passengers on Feb. 2 when Rhapsody of the Seas was the first Royal Caribbean vessel to utilize this technology at the San Juan Seaportâs Pier 4 in Puerto Rico.CBPâs biometric facial comparison technology streamlines the debarkation process, reducing clearance times by up to 30% and allowing passengers to transition smoothly from ship to shore.At debarkation, guests pause at a kiosk equipped with a camera and take a photo.
Four Seasons Yachts Luxury Cruise Ship Launched
Fincantieri and Marc-Henry Cruise Holdings LTD, Joint Owner/Operator of Four Seasons Yachts, celebrated the launch of "Four Seasons I" at the Ancona shipyard, the first ultra-luxury ship under construction for Four Seasons Yachts, which will be delivered to end of this year and which will set sail in January 2026. The launching ceremony was attended by Fincantieri's President, Biagio Mazzotta, the CEO and General Manager, Pierroberto Folgiero, the General Manager of the Merchant Ships DivisionâŠ
"Robust" 2025 is in the Cards for Cruise Vessels, says Carnival
Flash back to March 2020, and cruise shipping as the global poster-child for COVID, with passengers stuck on ships in ports around the wordl, unable to leave as far more questions than answers lingered regarding the mysterious illness.Less than four years later, the global cruise ship industry is booming again, led by the world's largest, Carnival Corp, which forecast strong bookings for 2025 ahead of the busy summer travel season, riding the wave of strong spending on experiences even as prices increase, sending its shares up about 5% late last week.