Carnival Cruise Line is set to expand its fleet with a new Excel-class ship, marking a significant development in the cruise industry. This 6,400-passenger ship is scheduled for delivery in 2027, boosting Carnival’s offerings and capacity.
- The new vessel represents Carnival Corporation’s first newbuild order in five years, reflecting a strategic resumption of their expansion plans.
- Continuing the trend of environmentally friendly travel, the ship will operate on liquefied natural gas (LNG), aligning with modern sustainability practices.
- German shipbuilder Meyer Werft is tasked with the construction, a testament to their longstanding collaboration with Carnival Corporation.
- This development is part of a broader strategy to enhance operational efficiency and bolster Carnival’s market position.
In an exciting move for the maritime sector, Carnival Cruise Line is poised to add a new Excel-class ship to its array of impressive vessels. This 6,400-passenger ship, due for unveiling in 2027, signifies a pivotal moment in Carnival’s strategic expansion. The initiative marks the first shipbuilding order by Carnival Corporation in half a decade, underscoring a return to broader growth agendas after a period of measured capacity control.
The ship, which enters service as the tenth Excel-class vessel within Carnival Corporation’s varied portfolio spanning four brands, will notably harness the ecological benefits of liquefied natural gas (LNG) technology. This aligns with the increasing demand for sustainable marine travel solutions, setting a benchmark for future endeavours in the cruise industry.
Construction responsibilities have been entrusted to the esteemed German shipbuilder Meyer Werft, continuing a proven partnership with Carnival Corporation. Historically, Excel-class ships command a build cost upward of $950 million, reflecting the investment and trust placed in Meyer Werft’s capabilities.
Carnival Corporation’s strategy, articulated by chief executive Josh Weinstein, focuses on prudent capital deployment to enhance the fleet while strategically managing financial obligations. “Building on our strong performance,” Weinstein emphasises, their approach aims to “reduce leverage levels and transfer value from debt holders to shareholders.” The plan includes the judicious addition of ships to meet significant demand curves, prioritising profitability and operational efficiency.
Carnival Cruise Line’s president, Christine Duffy, has articulated the success and popularity of the Excel-class vessels, which have become a cornerstone of the fleet’s appeal. The introduction of this new ship seeks to further this trend, drawing in returning and new cruisers alike, eager to experience the comprehensive amenities that Carnival promises.
Bernd Eikens, CEO of Meyer Werft, expressed satisfaction in continuing their collaboration with Carnival, cementing the builder’s role in crafting groundbreaking maritime architectures. This alliance ensures that the newbuild adheres to high quality and innovation standards expected by cruise-goers.
The new Excel-class ship is anticipated to enhance Carnival Cruise Line’s fleet, reinforcing its position in the global cruise industry.
