Oceania Cruises, the upper-premium subsidiary of Norwegian Cruise Line Holdings (NCLH) has ordered two new ships from Fincantieri.
The contract price for each of the two vessels is around €575 mill per ship. Oceania has obtained export credit financing with favourable terms to fund 80% of the contract price of each ship, subject to certain Italian government approvals.
They will be delivered in 2022 and 2025.
“This new class of ships will represent an evolution of the Oceania Cruises experience with all the elements our guests treasure – a warm, intimate, residential style; the most spacious standard staterooms afloat; amazing suites, and of course, the finest cuisine at sea,” claimed Bob Binder, President and CEO of Oceania Cruises.
The two 67,000 gt ‘Allura-Class’ ships will each accommodate about 1,200 guests.
“We are excited to expand the Oceania Cruises fleet with our new ‘Allura-Class’ ships to meet the strong demand for upscale culinary- and destination-focused cruise vacations around the globe,” said Frank Del Rio, NCLH President and CEO. “This new class of ships will further elevate the already best-in-class guest experience at Oceania Cruises and meaningfully strengthen demand from both new and loyal returning guests, which will ultimately drive further returns for shareholders.”
“This new successful project for Oceania Cruises is yet another demonstration of our ability to capitalise on product innovation and diversification to meet the needs of every type of customer, a capability that distinguishes us in the world,” said Giuseppe Bono, CEO of Fincantieri. “The order we are announcing, indeed, reiterates not only our first place in the luxury sector, but at the same time it further strengthens an unprecedented leadership in the cruise sector, with a backlog of 55 vessels to be built for most of the brands operating on this market, and deliveries extending all the way to 2027.”