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Meyer Turku narrows 2022 loss on 20% higher turnover

Icon of the Seas, shown here at its float-out in late 2022, is heading to sea trials in mid-June
Meyer Turku narrowed its 2022 loss to €15.6m from €17m in 2021 on 20% higher turnover of just under €1.3b.

Supply chain issues impacted the availability of materials, Meyer Turku CEO Tim Meyer said, and overall costs increased, especially for materials and financing.

The number of yard personnel grew slightly, to an average of 2,131, up from 2,086 in 2021.

Icon sea trials coming up

Currently Meyer Turku is preparing for Icon of the Seas' sea trials in mid-June.

Efforts continue to be a forerunner of cruising's green transition.

'It is a big challenge and at the same time a great opportunity for us,' Tim Meyer said. 'We are focusing also this year on new technologies and continuously searching for new talent to join us on our journey.'

Last November the yard delivered Carnival Celebration.

Future deliveries

Icon of the Seas, the new world's largest cruise ship, is scheduled for late 2023 completion.

Mein Schiff 7, due for delivery to TUI Cruises in 2024, and Icon 2, to be handed over in 2025, are also under construction. Icon 3 is in the orderbook for 2026.

And Meyer Turku plans to deliver two multi-purpose offshore patrol vessels to the Finnish Border Guard in 2025 and 2026.