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Orderbook Update: Cruise Lines to Invest $80 Billion in New Ships by 2037

  • April 1, 2026
Orderbook April

Cruise lines will spend roughly $80 billion on new cruise ships over the next decade, according to the latest update of Cruise Industry News’ global cruise ship orderbook.

Following recent orders, 79 newbuilds are set to be delivered by 2037, adding nearly 205,000 berths to the market.

The new vessels have an average size of 115,486 tons, with an average capacity for 2,586 passengers and an average cost of approximately $1 billion.

Thirteen new cruise ships are entering service in 2026, including the Norwegian Luna, which was recently handed over by Fincantieri shipyard.

[Download a PDF of the orderbook here.]

Other vessels set to be delivered this year include the new Legend of the Seas for Royal Caribbean International.

Currently under construction at the Meyer Turku shipyard, the 250,800-ton ship will become the third in the company’s Icon-class series.

The 2026 orderbook also includes large ships for MSC Cruises, TUI Cruises and Adora Cruises, as well as smaller luxury and niche vessels for other brands.

Viking is welcoming two vessels, with the Viking Mira and the Viking Libra set to be delivered by the Fincantieri shipyard.

Other highlights of this year’s orderbook include the debuts of the Orient Express Corinthian and the Magellan Discoverer.

While cruise lines gear up for a 2027 that will see 15 ships being delivered, recent orders have secured building slots for the next decade.

A few weeks earlier, Viking added two new expedition ships to its newbuild lineup, as well as more options for ocean vessels.

In February, Norwegian Cruise Line Holdings placed an order for three vessels, which will be built for its three brands at Fincantieri between 2036 and 2037.

Earlier this year, Royal Caribbean also announced plans to add two new Discovery-class ships to its fleet between 2029 and 2032.

In late December, MSC Cruises revealed a deal with the Meyer Werft shipyard for four large ships to be built between 2030 and 2034.

Following a deal with a Chinese shipyard signed in December, Mystic revealed the addition of a new 400-passenger sailing ship to its fleet at Atlas Ocean Voyages.

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