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MSC Cruises Inks 2 Billion Euro Order for New Luxury Ships

Mike Schuler
Total Views: 28
March 14, 2019

Photo: tishomir / Shutterstock

MSC and Italian shipbuilder Fincantieri have announced the signing of the final contracts for the construction of four luxury cruise ships to join MSC Cruises fleet. 

All four vessels will have gross tonnage of approximately 64,000 GT, 481 guest suites, and will feature the latest maritime and environmental technology.

The first of the four ships is expected to be delivered by Spring 2023. The remaining three will come into service at the rate of one per year through 2026.

The announcement follows the signing of a memorandum of agreement between the two parties in October 2018. Fincantieri said the contracts, subject to shipowner financing, have a total value exceeding EUR 2 billion, 

The order marks MSC Cruises’ entry into the high-end ultra-luxury cruise sector. 

“With this now firm order, MSC is entering a new segment that bears significant potential globally,” said Pierfrancesco Vago, Executive Chairman of MSC’s Cruises Division. “While we already serve the premium market with the MSC Yacht Club featured on MSC Cruises’ fleet, our new true luxury brand will deliver to this separate and fast-growing segment with super-yacht vessels and an experience to match that. Additionally, we are proud to partner again with Fincantieri for the development and construction of yet again another highly-innovative and exclusive class of ships.”

Since starting to work with Fincantieri, in 2014, MSC has also ordered four ships for its contemporary MSC Cruises brand worth a total value of EUR 3.2 billion. The first two of these vessels, MSC Seaside and MSC Seaview, are already in service. The next two vessels will be delivered in 2021 and 2023, with MSC Seashore already under construction at Fincantieri’s yard in Monfalcone.

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