Latest: One F3?

Is NCL planning on only one F3 ship? While in a building cost dispute with the shipyard over the first F3 ship, NCL’s website states that “NCL is in the midst of a fleet renewal program which, by the end of 2010, will add one new ship to its fleet with approximately 4,200 berths.”

NCL has two F3 ships under contract, with the first entering service in March 2010 and the second in October 2010. The first one is tied-up in the dispute. However, it is unlikely that the yard can sell the hull to another buyer without considerable added change costs, depending on how far along the construction is, with NCL’s unique freestyle concept.

Somebody will have a big fiasco on their hands unless this dispute can be resolved.

The original order also included an option for a third F3 ship, which was since dropped.

If it turns out that NCL will only receive one F3 ship, the brand’s growth trajectory will change significantly as Carnival Corporation, Royal Caribbean Cruises and MSC continue to build.

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