Fincantieri: a new class of ships for NCL

February 17, 2017 – Fincantieri was awarded an order from Norwegian Cruise Line Holdings Ltd. for the construction of 4 new generation cruise ships with an option for additional 2, for the Norwegian Cruise Line (NCL) brand. The value of each ship is approximately 800 million euros, with one delivery per year from 2022 to 2025, stretching to 2027 in case of confirmation of the option. Cassa Depositi e Prestiti (CDP) and Sace, together with a pool of export credit lenders, have played a crucial role for the success of the order and the ship owner’s decision, giving Fincantieri the chance to offer an appealing technical, commercial and financial package, still subject to some conditions. These ships will form the backbone of the future NCL fleet, being about 140,000-tons, almost 300 meters long, and accommodating 3,300 guests. The order is based on a prototype project developed by Fincantieri, which enhances the consolidated features of NCL’s signature offering of freedom and flexibility, qualified by an innovative configuration for an enhanced passenger experience. In addition, focus was set on energy efficiency, with the twofold aim of optimizing consumption at sea and reducing environmental impact, compliant with all the most recent regulations on this matter. “This new class of ships will continue Norwegian Cruise Line brand’s legacy of introducing meaningful innovation to the cruise industry” said Frank Del Rio, President and CEO of Norwegian Cruise Line Holdings Ltd. “This order continues to highlight our disciplined newbuild program, extends our growth trajectory well into the future, enhances our already attractive earnings profile and drives expected long-term returns for our shareholders”.