Fincantieri to build a new ship for Regent Seven Seas Cruises

Fincantieri is building a new cruise ship for Regent Seven Seas Cruises

Fincantieri and Norwegian Cruise Line Holdings have signed a contract to construct an ultra-luxury cruise ship for Regent Seven Seas Cruises to be delivered in 2023. The value of the agreement is approximately €474M.

The new vessel will be a sister ship to Seven Seas Explorer, delivered in 2016, and to Seven Seas Splendor, due for delivery in 2020.

Fincantieri said that at 54,000 tonnes, the unit will be able to accommodate up to 750 guests on board and that it will be the brand’s sixth all-suite vessel in Regent’s fleet. Like her sister ships, the new vessel will be built using the latest environmental protection technologies. The interiors will be particularly sophisticated, with every attention paid to passenger comfort.

“We are excited to build on the spectacular success of Seven Seas Explorer and Seven Seas Splendor as we embark on bringing to life a new vessel that will set even higher benchmarks for elegance, luxury and style”, said Norwegian Cruise Line Holdings president and chief executive, Frank Del Rio. “This new ship further strengthens our company’s robust yet measured growth profile with vessels now on order for all three of our award-winning brands, enabling us to expand our presence globally, further diversify our product offerings and continue to drive shareholder returns”.

Fincantieri chief executive Giuseppe Bono said “This agreement is the perfect seal of the work our Group has carried out over the years and the role we have gained on the market. We are able to enter and maintain a reference market presence in every niche, including the most unique and competitive as the ultra-luxury one, in which Regent Seven Seas Cruises operates. Quality is the shipowner’s hallmark and it entrusted Fincantieri once again.”

He said Fincantieri has 10 ships on order for Norwegian Cruise Line Holdings in its orderbook, five of which have been secured in the last five months, for all three brands in its portfolio.