Another small cruise ship order

[baytraller]

News in small cruise ships (less than 1000 passengers) continues to increase

 

Seabourn is part of the Carnival Group and has announced an order for a second 604 passenger ship

 

http://www.cruiseindustrynews.com/cruise-news/11923.html

 

New small ship orders are 8 in total

 

Viking 4 ships - 944 passengers

 

Seabourn 2 ships - 604 passengers

 

Regent 1 ship - 738 passengers

 

Ponant 1 ship - 262 passengers

 

It was not that long ago that the experts were saying small cruise ships were a thing of the past

[kiawahdon]

Below is the "order book" as compiled by SeaTradeInsider. There are several things to note. First, the passenger space ratio (tonnage/berths). Next, and most important is the last figure, the cost of the ship per berth. The differences are dramatic and can quickly explain cruise fares/day. It is the same measure the hotel industry uses. RCCL's new mega ships are in the cost/ berth around $246k while Seabourn is at over

$447K. Wonder why the cost/day is higher on Seabourn? The bean counters have to recover the "berth" cost over a predetermined time. There are a lot of trade-offs in the chart below including passenger space, passenger load and shear size of the ship. It gets down to : what floats YOUR boat.

 

 

 

 

Order Book

 

2015

 

Cruise Line Ship Name Yard Gross Lower Berths Delivery Reported Price ($) Cost Berth ($)

Compagnie du Ponant Le Lyrial Fincantieri 10,700 264 Spring $134m $507,575.76

P&O Cruises Britannia Fincantieri 141,000 3611 March $804m*** $222,653.00

Royal Caribbean Anthem of the Seas Meyer Werft 167,800 4180 March $1032m* $246,889.95

TUI Cruises Mein Schiff 4 Meyer Turku Yard 99,700 2500 April $515m** $206,000.00

Viking Cruises Viking Star Fincantieri 47,800 930 May $308m* $331,182.80

AIDA Cruises AIDAprima Mitsubishi HI 125,000 3250 September $650m*** $200,000.00

Norwegian Cruise Line Norwegian Escape Meyer Werft 164,600 4200 October $916m** $218,095.24

 

 

 

2016

 

Cruise Line Ship Name Yard Gross Lower Berths Delivery Reported Price ($) Cost Berth ($)

Regent Seven Seas Cruises Seven Seas Explorer Fincantieri 54,000 738 Winter $450m $609,756.10

Viking Cruises Viking Sky Fincantieri 47,800 930 summer $308m* $331,182.80

Viking Cruises Viking Sea Fincantieri 47,800 930 Spring $308m* $331,182.80

TUI Cruises Mein Schiff 5 Meyer Turku Yard 99,700 2500 Winter $515m* $206,000.00

Holland America Line Koningsdam Fincantieri 99,500 2660 February $518m** $195,037.59

AIDA Cruises unnamed Mitsubishi HI 125,000 3250 March $650m*** $200,000.00

Carnival Cruise Lines Carnival Vista Fincantieri 133,500 4000 April $780m** $195,000.00

Royal Caribbean International Ovation of the Seas Meyer Werft 167,800 4180 May $1032m* $246,889.95

Royal Caribbean International Oasis 3 STX France 227,700 5400 June $1.3bn* $240,740.74

Seabourn unnamed Fincantieri 40,350 604 Autumn 270m* $447,019.87

Genting HK (Star Cruises) unnamed Meyer Werft 150,000 3364 October $960m $285,374.55

 

 

 

2017

 

Cruise Line Ship Name Yard Gross Lower Berths Delivery Reported Price ($) Cost Berth ($)

MSC Cruises unnamed STX France 167,600 4500 January $1032m $229,333.33

Princess Cruises unnamed Fincantieri 143,000 3560 Winter $804m $225,842.70

TUI Cruises Mein Schiff 6 Meyer Turku Yard 99,700 2500 Winter $515m* $206,000.00

Norwegian Cruise Line Norwegian Bliss Meyer Werft 164,600 4200 Spring $845m ** $201,190.48

Genting HK (Star Cruises) unnamed Meyer Werft 150,000 3364 October $960m $285,374.55

MSC Cruises unnamed Fincantieri 154,000 4140 November $953m*** $230,331.88

 

 

 

2018

 

Cruise Line Ship Name Yard Gross Lower Berths Delivery Reported Price ($) Cost Berth ($)

Royal Caribbean International Oasis 4 STX France 227,700 5400 Winter $1.4m* $259,259.26

Norwegian Cruise Line Breakaway-Plus Meyer Werft 164,600 4200 Spring $1087m** $258,809.52

MSC Cruises unnamed Fincantieri 154,000 4140 May $953m*** $230,331.88

 

 

 

2019

 

Cruise Line Ship Name Yard Gross Lower Berths Delivery Reported Price ($) Cost Berth ($)

MSC Cruises unnamed STX France 167,600 4500 Spring $1032m $229,333.33

Norwegian Cruise Line Breakaway-Plus Meyer Werft 164,600 4200 Autumn $1087m** $258,809.52

[baytraller]

The sale price for the Ocean Princess was $82 Million plus $40 Million refurbishment

 

$122 Million - number of passengers 684 - cost/berth about $178K

 

The cost of running - R Class would be more expensive compared to newer ships

 

Maybe as Oceania has 4 R Class ships this would reduce costs

 

Then there is the passenger to crew ratio

[OctoberKat]

Smaller ships, more of them, are fine by me!

[Mercruiser]

Very interesting thread. Also interesting to note that RCI (and subsidiaries) only has megaships on order. Their order book does not show any interest in small ships.

 

Sent using Tapatalk