Tuesday 15 July 2014

Norwegian Cruise Line orders ships for 2018 and 2019

Norwegian Cruise Line orders ships for 2018 and 2019

By Tom Stieghorst

Norwegian Cruise Line said it has ordered ships for delivery in 2018 and 2019 from Germany’s Meyer Werft shipyard that together will cost about 1.6 billion euros ($2.2 billion).

The ships will be the third and fourth in the “Breakaway Plus” class that can carry about 4,200 passengers.

The first two ships in the series, Norwegian Escape and Norwegian Bliss, are due for delivery in the fall of 2015 and spring of 2017. The third and fourth ships don't have names yet.

After all four ships are finished, Norwegian would have 17 vessels in its fleet, barring any disposals. It will have added ship a year from 2013 to 2019 with the exception of 2016.

Norwegian said export credit financing is in place for the two new orders, arranged and underwritten by KfW IPEX-Bank of Germany.

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