Carnival To Add Nine Cruise Ships To Fleet Over 4-Year Period Starting In 2019

(RTTNews) - Carnival Corporation & plc (CUK, CCL, CCL.L) said it signed two strategic memorandums of agreement that will add a total of nine new cruise ships to its fleet over a four-year period from 2019 - 2022. The shipbuilding agreements, which include options for additional ship builds in the coming years, are subject to several conditions, including satisfactory financing.

Italian shipbuilder Fincantieri S.p.A and German shipbuilder Meyer Werft will each build new ships based on Carnival Corporation's next-generation ship designs. The new ships are expected to serve established cruise markets in North America and Europe, as well as newer markets, including China.

Fincantieri, the world's largest cruise ship building company, will develop and construct five ships at its shipyards in Monfalcone and Marghera, Italy.

Meyer Werft, a global shipbuilder founded in Germany in 1795, will build its four ships at its shipyards in Papenburg, Germany, and Turku, Finland.

As part of each company's long-term strategic partnership with Carnival Corporation, additional new ship orders are being explored over the coming decade.