NCL orders four new ships

Norwegian Cruise Line has awarded shipbuilder Fincantieri a contract for four new generation cruise ships, with an option for additional two.

Deliveries of the ships, valued at nearly $852 million U.S. each, are scheduled to begin with one delivery per year from 2022 to 2025, stretching to 2027 in case of confirmation of the option.

Fincantieri described the ships as forming "the backbone of the future NCL fleet," being about 140,000-tons, almost 300 meters long, and accommodating 3,300 guests.

"This new class of ships will continue Norwegian Cruise Line brand’s legacy of introducing meaningful innovation to the cruise industry," said Frank Del Rio, president and CEO of Norwegian Cruise Line Holdings Ltd. "This order continues to highlight our disciplined newbuild program, extends our growth trajectory well into the future, enhances our already attractive earnings profile and drives expected long-term returns for our shareholders."