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Fincantieri inks order for HAL, Princess newbuilds

(Photo: Fincantieri)
The new ships will be built at Fincantieri's Monfalcone and Marghera yards
The record cruise ship orderbook got a further boost with Fincantieri signing a memorandum of agreement with Carnival Corp. & plc for one new ship each for Holland America Line and Princess Cruises. The order is valued at more than €1bn.

Fincantieri ceo Giuseppe Bono called it 'an extraordinary moment for the cruise sector, and it is particularly rewarding for us to be able to seize all the opportunities coming from the industry growth, also thanks to our deep-rooted partnership with Carnival Corporation.'

The HAL ship will be a third in the 99,500gt Pinnacle class, for delivery in 2021. It will be built at Fincantieri's Marghera yard. The ship follows 2016's Koningsdam and its sister, Nieuw Statendam, scheduled for delivery in November 2018.

The Princess ship will be sixth in the 145,000gt Royal class. It will be built at Monfalcone for delivery expected in 2022 and feature the recently unveiled Ocean Medallion Class cruising. The vessel follows 2013's Royal Princess and 2014's Regal Princess. Coming in March for the China market is Majestic Princess, and a further pair of Royal-class sisters is due for handover in 2019 and 2020.

'We are extremely pleased to formally announce these two new ships and build on the success and popularity of their sister ships already sailing guests around the globe,' said Arnold Donald, president and ceo of Carnival Corp. & plc.

The final contracts are expected to be executed in early 2017.

Fincantieri has built 62 ships for Carnival Corp. since 1990, with another 11 newbuilds for the group on order.