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Carnival to Delay New Ship Introductions

  • July 11, 2020

Costa Firenze Under Construction at Fincantieri

Carnival Corporation said it expects ony five of nine new ships set for delivery in fiscal year 2020 and 2021 to be delivered prior to the end of fiscal year 2021.

Carnival said that due to shipyard delays and the COVID-19 pandemic, it expects later deliveries of ships originally expected for fiscal year 2022 and 2023. 

Arnold Donald, CEO, speaking on the company’s business update call earlier in the week, said they had negotiated 16 delayed deliveries. The company expects two to three new ships to be delivered on a yearly basis going forward. 

The company did not elaborate on which ships would see delays and further commented there would not be cancellations. 

“We are not in discussions about cancelling ships,” said Donald. “We are in discussions with the yard about timing and deliveries.” 

Pre-COVID Carnival Corporation Anticipated Delivery Schedule/Orderbook:

Cruise LineShipCost1TonnageCapacityYardSailingDelivery
lngP&O CruisesIona$950183,9005,200MeyerEurope2020
PrincessEnchanted Princess$760141,0003,660FincantieriEur/Carib2020
lngCarnivalMardi Gras$950183,9005,200Meyer TurkuCarib2020
redCosta CruisesFirenze$780135,5004,232FincantieriChina2020
lngAIDA CruisesAIDAcosma$950183,9005,400MeyerEurope2021
Holland AmericaRyndam$52099,0002,660FincantieriTBA2021
expSeabournVenture$22523,000264MariottiWorld2021
PrincessDiscovery Princess$760141,0003,660FincantieriTBA2021
lngCosta CruisesToscana$950183,9005,224Meyer TurkuTBA2021
expSeabournUnnamed$22523,000264MariottiWorld2022
lngP&O CruisesUnnamed$950183,9005,200MeyerTBA2022
lngCarnivalUnnamed$950183,9005,200Meyer TurkuTBA2022
Cunard LineUnnamed$600113,0003,000FincantieriWorld2022
lngAIDA CruisesUnnamed$950183,9005,400MeyerTBA2023
lngPrincessUnnamed$1,000175,0004,300Fincantieri TBA2023
redCarnival ChinaUnnamed$750135,0005,000CSSCChina2023
redCarnival ChinaUnnamed$750135,0005,000CSSCChina2024
lngPrincessUnnamed$1,000175,0004,300Fincantieri TBA2025

(1) In Millions (USD) | Costs May Be Estimated 

lng: LNG Powered

exp: Expedition Vessel

red: China/Asia Market Dedicated Vessel

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