Norwegian Cruise Line expands Oceania fleet

The order is worth €1,150m and marks the next phase of the line’s OceaniaNEXT initiative. The 67,000 gross tonne ships will accommodate around 1,200 guests and will be designed and built by Italian-based shipyard, Fincantieri. Delivery is scheduled for 2022 and 2025.

“We are excited to expand the Oceania Cruises fleet with our new Allura-Class ships to meet the strong demand for upscale culinary- and destination-focused cruise vacations around the globe,” said Frank Del Rio, president and chief executive officer of Norwegian Cruise Line Holdings.

“This new class of ships will further elevate the already best-in-class guest experience at Oceania Cruises and meaningfully strengthen demand from both new and loyal returning guests, which will ultimately drive further returns for shareholders.”

Giuseppe Bono, chief executive of Fincantieri believes the deal demonstrates the shipyard’s dominance saying that “the order further strengthens an unprecedented leadership in the cruise sector, with a backlog of 55 vessels to be built for most of the brands operating on this market, and deliveries extending all the way to 2027.”

Norwegian Cruise Line Holdings now has ten ships on order for delivery through to 2027 including seven on order for Norwegian Cruise Line, two for Oceania Cruises and one for Regent Seven Seas Cruises. The company will take delivery of its newest ship, Norwegian Encore, in the autumn of 2019.