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Princess Cruises signs deal to build first two LNG-fuelled ships

Dual-fuel newbuilds slated for delivery in late 2023 and spring 2025.



Image credit: Pixabay CC0


Updated on 23 Jul 2018 13:25 GMT

Princess Cruises, a brand of Carnival Corporation, has signed a memorandum of agreement (MOA) with Italian shipbuilder Fincantieri S.p.A. to build its first two new LNG-fuelled cruise ships.

The newbuilds, which are slated for delivery in late 2023 and spring 2025, respectively, are to be dual-fuel powered - primarily by LNG in conjunction with marine gasoil (MGO).

Once completed, at Fincantieri's shipyard in Monfalcone, Italy, the 175,000-gross-tonne (grt) ships will also be Princess Cruises' largest in terms of capacity.

The agreement for Princess Cruises' new cruise vessels represent Carnival's 10th and 11th contracted LNG-based ships. Carnival currently has 20 new vessels under contract and scheduled for delivery between 2018 and 2025.

In addition to today's accord, Princess Cruises has three new Royal-class ships on order with Fincantieri. The Sky Princess is scheduled for delivery in October 2019, whilst two other Royal-class ships are planned for delivery in 2020 and 2022.

Commenting on the latest development, Jan Swartz, president of Princess Cruises, remarked: "This revolutionary platform for next-generation, LNG-powered cruise ships will introduce innovative design and leisure experiences driven by the future vacation and lifestyle trends of our guests."

Giuseppe Bono, CEO of Fincantieri, remarked: "We are proud to extend our long-established partnership with Princess Cruises, a brand we have been tied to since our return to the cruise ship building industry in 1990. After so many years, we are ready to enter, together, a new era of this industry, increasingly aimed at reducing even more of our environmental impact. We proudly do this with an all-time record project, both in terms of size and technology. We believe that there are no more significant milestones than these to reaffirm our market-leading position."






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