Norwegian Cruise Line Holdings Enters into Agreement with Fincantieri for Three New Cruise Ships

Norwegian Cruise Line Holdings Ltd., a leading global cruise company operating Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises, today announced that it has entered into an agreement with Fincantieri for the design and construction of three new cruise ships, further advancing the company’s long-term fleet development strategy across its brands.

Parties involved:
Norwegian Cruise Line Holdings Ltd. (NCLH) and Italian shipbuilder Fincantieri.

Scope:
Construction of three new cruise ships, one for each of NCLH’s brands:
- Norwegian Cruise Line – sister ship to the newbuilds already ordered.
- Oceania Cruises – sister ship to Oceania Sonata.
- Regent Seven Seas Cruises – sister ship to Seven Seas Prestige.

Delivery timeline:
Ships will be built in Italy and delivered between 2036–2037.

Strategic impact:
- Secures shipyard capacity through 2037.
- Expands NCLH’s fleet pipeline to 17 newbuilds on order across all brands.
- Supports a projected 4% compound annual growth rate (CAGR) from 2026–2037.
- Financing expected largely via Export Credit Agency support.

CEO statement:
John W. Chidsey emphasized disciplined fleet growth, brand strength, and elevating guest experiences while maintaining financial discipline.

Broader Context
- This move reflects NCLH’s long-term growth strategy: balancing expansion with financial sustainability.
- The new ships are part of a pipeline that includes next-generation vessels designed with green methanol readiness, highlighting a push toward more sustainable cruising.
- By diversifying across its three brands, NCLH strengthens its competitive position in both luxury and mainstream cruise markets.

In short, NCLH is locking in its future fleet growth well into the 2030s, ensuring capacity, innovation, and sustainability remain central to its expansion plans.