FYI ship building schedule

[flashdog_1]

I found this on the NCL board.

 

Here is an updated cruise line ship orders with the recent Carnival order of December 14th, 2005..... My definition of ships (a) Panamax around 90,000 tons (b) Post Panamax up to 120,000 tons © Super Mega over 120,000 tons.

 

AIDA CRUISES

UNNAMED 68,500 April 2007 Meyer Werft

UNNAMED 68,500 April, 2008 Meyer Werft

UNNAMED 68,500 April 2009 Meyer Werft

 

CARNIVAL CRUISE LINES

CARNIVAL FREEDOM 110,000 February 2007 Fincantieri

UNNAMED 112,000 Spring 2008 Fincantieri

UNNAMED 130,000 Fall 2009 Fincantieri

UNNAMED 130,000 Summer 2010 Fincantieri-option

 

CELEBRITY CRUISES

UNNAMED 117,000 September 2008 Meyer Werft

UNNAMED 117,000 Summer 2009 Meyer Werft-option

 

COSTA CROCIERE

COSTA CONCORDIA 112,000 June 2006 Finantieri

COSTA SERENA 112,000 May 2007 Fincantieri

UNNAMED 112,000 Summer 2009 Fincantieri

 

CUNARD LINE

QUEEN VICTORIA 95,000 December 2007 Fincantieri

 

FS OCEAN CLUB, LTD.

FOUR SEASONS 42,500 Summer 2007 Kvaerner Masa

 

HOLLAND AMERICA LINE

NOORDAM 81,769 January 2006 Fincantieri

UNNAMED 86,000 Summer 2008 Fincantieri

UNNAMED 86,000 Spring 2010 Fincantieri-option

 

MEDITERRANEAN SHIPPING CRUISES

MSC MUSICA 90,000 June 2006 Chantiers de l'Atlantique

MSC ORCHESTRA 90,000 Spring 2007 Chantiers de l'Atlantique

MSC FANTASIA 133,500 June 2008 Chantiers de l'Atlantique

MSC SERENATA 133,500 March 2009 Chantiers de l'Atlantique

 

NORWEGIAN CRUISE LINE (NCL AMERICA)

PRIDE OF HAWAII 93,000 May 2006 Meyer Werft

UNNAMED 93,000 February 2007 Meyer Werft

UNNAMED 93,000 October 2007 Meyer Werft

 

OFOTENS OG VESTERAALENS DAMSKIPSSELSKAP ASA (NORWEGIAN COSTAL VOYAGE)

UNNAMED 12,000 April 2007 Fincantieri

 

P & O CRUISES

VENTURA 116,000 April 2008 Fincantieri

 

PRINCESS CRUISES

CROWN PRINCESS 116,000 May 2006 Fincantieri

EMERALD PRINCESS 116,000 Spring 2007 Fincantieri

UNNAMED 116,000 Fall 2008 Fincantieri

 

ROYAL CARIBBEAN INTERNATIONAL

FREEDOM OF THE SEAS 158,000 April 2006 Aker Finnyards

UNNAMED (Ultra-Voyager Class ii) 158,000 Spring 2007 Aker Finnyards

UNNAMED (Ultra-Voyager Class iii) 158,000 January 2008 Aker Finnyards

------------------------------------------------------------------------------------------------------

Considering the four main shipbuilding firms:

NCL's best chance for a new ship from Meyer Werft is in the Summer of 2009 if RCCL does not use its option, which is unlikely. Otherwise the best NCL can hope for is a Spring of 2010 with Meyerweft from either the big building or from its smaller building. We know the big building can build a 117,000 ton Post Panamax size ship.

NCL's best chance for a new ship from Chantiers de l'Atlantique is the Winter of late 2009/early 2010 of any size; Panamax, Post Panamax, or Super Mega.

NCL's best chance for a new ship from Fincantieri is in the Spring or Fall of 2009, and this is with a Panamax size ship or Post-Panamax size. Any Super Mega ship would have to wait until the summer of 2010 if Carnival does not use its option, which is unlikely. Otherwise its the summer of 2011.

NCl's best chance for a new ship from Aker Finnyards is late 2008, and all of 2009 with any size vessel, from Panamax to Super Mega. The late 2008 date is cloudy, as that shipyard is currently building large ferries of slightly less than Panamax size and I don't know when that shipyard will be open again for more business.

 

Please note that MSC ordered recently in November, and Carnival Corp ordered recently in December for all its lines(Carnival, Costa, Holland American, Princess, P&0). I expect both NCL and RCCL/Celebrity to order ships soon, murking up the positive situation Aker Finnyards....

 

Keep in mind Aker Finnyards screwed NCL's order to please RCCL recently....

Its obvious, if NCL wants new ships in 2009, they'll have to order before RCCL does, and Aker Finnyards is their best bet for the earliest delivery for a Super Mega. If NCL is still thinking in terms of Panamax size, both Aker Finnyards and Fincantieri are in play. All the shipyards are in play for new ships delievered in 2010.....

[canderson]

I found this on the NCL board.

 

CELEBRITY CRUISES

UNNAMED 117,000 September 2008 Meyer Werft

UNNAMED 117,000 Summer 2009 Meyer Werft-option

 

ROYAL CARIBBEAN INTERNATIONAL

FREEDOM OF THE SEAS 158,000 April 2006 Aker Finnyards

UNNAMED (Ultra-Voyager Class ii) 158,000 Spring 2007 Aker Finnyards

UNNAMED (Ultra-Voyager Class iii) 158,000 January 2008 Aker Finnyards

Old news for Celebrity, but your post certainly does highlight a problem for the NCL crowd. Where are they going to get new ships built? I'd volunteer my back yard, but we're sorta land locked here!:p

 

Someone was asking the other day where all the money was going since Celebrity was raising prices so fast and along with RCCL, was filling most of their ships (105.7% for the combined companies as of last year's annual report).

 

Need to look at the books prior to consolidation to see where the money really went, but it's easy to see where it's going!

 

Celebrity - hard commitment for 117,000 tons

RCCL - hard commitment for 474,000 tons

 

The switch back to Meyer Werft should be seen by X cruisers as good news, however.

 

For those that have never looked up the consolidated numbers, the overview is kind of interesting, and the details even more so... Note that the average cruiser spends 1/3 again of his base cruise cost on board ship.

 

[font=Courier New]                                             Year Ended December 31,
[font=Courier New]                                              --------------------------[/font]
[font=Courier New]                                              2004     2003     2002[/font]
[font=Courier New]                                              -------- -------- --------[/font]

[font=Courier New]Passenger ticket revenues                      73.7     73.3     75.4[/font]
[font=Courier New]Onboard and other revenues                     26.3     26.7     24.6[/font]
[font=Courier New]                                              -------- -------- --------[/font]
[font=Courier New]Total revenues                                 100.0%   100.0%   100.0%[/font]

[font=Courier New]Cruise operating expenses[/font]
[font=Courier New]Commissions, transportation and other          18.1     18.1     19.5[/font]
[font=Courier New]Onboard and other                              6.6      6.6      6.1[/font]
[font=Courier New]Payroll and related                            10.7     11.3     9.2[/font]
[font=Courier New]Food                                           5.9      6.3      7.4[/font]
[font=Courier New]Other operating                                20.6     20.6     19.3[/font]
[font=Courier New]                                              -------- -------- --------[/font]
[font=Courier New]Total cruise operating expenses                61.9     62.9     61.5[/font]
[font=Courier New]Marketing, selling and administrative expenses 12.9     13.6     12.6[/font]
[font=Courier New]Depreciation and amortization expenses         8.7      9.6      9.9[/font]
[font=Courier New]                                              -------- -------- --------[/font]
[font=Courier New]Operating income                               16.5     13.9     16.0[/font]
[font=Courier New]Other income (expense)                         (6.1)    (6.5)    (5.8)[/font]
[font=Courier New]                                              -------- -------- --------[/font]
[font=Courier New]Net income                                     10.4%    7.4%     10.2%[/font]
[/font]

[Barry ATL]

The cost of food is going down each year. Is that a reflection of decreased quality or cost efficiencies?

[canderson]

A few more interesting tidbits from last year's annual report -- worth a read, folks. Note that a few things changed after last year's annual report which was released in March of 2005 (e.g., Asian sailing concept).

A pretty consistent 82% of bookings are from the US, with the other 18% from overseas customers.

 

It's hard to know which part of the company generates and consumes cash since the parent company likes to keep all of the numbers 'consolidated'. Note the following statement:

 

Segment Reporting

We operate two cruise brands, Royal Caribbean International and Celebrity Cruises. The brands have been aggregated as a single operating segment based on the similarity of their economic characteristics, as well as products and services provided. (For financial information see Item 8. Financial Statements and Supplementary Data .)

Still really want to know where the money goes? Ain't gonna happen!

Here's how they claim they view their two brands:

---------------------------------------------

Celebrity Cruises Brand

Celebrity Cruises primarily serves the premium segment of the cruise vacation industry. Celebrity Cruises operates 10 cruise ships with 16,454 berths and offers various cruise itineraries that range from two to 16 nights.

1

Celebrity Cruises’ focus is to attract experienced cruisers, with a discerning eye towards unique and enriching experiences, who sail on premium, contemporary and luxury brands. We believe Celebrity Cruises delivers a high quality experience and good value with modern ships, extensive and luxurious spa facilities, premium dining, superior service, unique entertainment programs and a high staff-to-passenger ratio. These are hallmarks of the premium cruise vacation segment. Celebrity Cruises provides a variety of itineraries and cruise lengths and has a high proportion of its fleet deployment in seasonal markets (i.e. Alaska, Bermuda, Europe, Hawaii, the Panama Canal and South America). Celebrity Cruises has increased its breadth of product offerings to include itineraries to the Galapagos Islands, the Arctic, and the Antarctic and has announced it will offer cruises to the Asia-Pacific region in 2006.

 

Royal Caribbean International Brand

Royal Caribbean International serves the contemporary and premium segments of the cruise vacation industry. The contemporary segment is served by cruises that are generally seven nights or shorter and feature a casual ambiance. The premium segment is served by cruises that are generally seven to 14 nights and appeal to the more experienced passenger who is usually more affluent. Royal Caribbean International operates 19 cruise ships with 44,136 berths, offering various cruise itineraries that range from two to 14 nights.

Brand Awareness

We continue to broaden the recognition of both the Royal Caribbean International brand and the Celebrity Cruises brand in the cruise vacation industry. Royal Caribbean International is an established brand in the contemporary and premium segments of the cruise vacation industry. We believe we are positioning Celebrity Cruises brand as the best choice in the premium segment of the cruise vacation industry. Each brand has a distinct identity and marketing focus but utilizes shared infrastructure resources.

The Royal Caribbean International brand awareness is achieved through communication strategies designed to broadly communicate its high quality and excellent-value cruise vacations. Royal Caribbean International’s communication strategies target active adults and families who are vacation enthusiasts interested in exploring new destinations, seeking new experiences and having a real “lust for life”. These strategies are also designed to attract first-time cruisers to the cruise vacation industry and to the Royal Caribbean International brand.

In order to attract the active cruiser who is seeking new experiences as well as first-time cruisers, Royal Caribbean International provides multiple choices to passengers through a wide array of itineraries, accommodations, dining options, onboard activities and shore excursions. Hallmarks of the brand include friendly and engaging service, state-of-the-art cruise ships, family programs, entertainment, health and fitness and energizing onboard and shoreside activities designed for passengers of all ages. With the number of young cruisers increasing, we have partnered with Fisher-Price, Inc. and Crayola R to develop innovative programs for children and their parents to further enhance their cruise experience.

Celebrity Cruises communicates its brand image and message through a series of consumer and trade campaigns, partnerships, products and experiences, all designed to build awareness within the premium cruise sector. Celebrity Cruises’ communications target the savvy cruiser who is well traveled and informed. We believe the savvy cruiser appreciates quality and is interested in local cultures, the arts and fine cuisine.

In order to attract the savvy cruiser, we believe Celebrity Cruises provides a unique vacation through continuous product evolution while staying true to the hallmarks of the brand. Hallmarks of Celebrity Cruises include award-winning cuisine, luxurious spa facilities, unique entertainment, stateroom amenities and personal service with a high staff-to-passenger ratio. To continue its product evolution, Celebrity Cruises has introduced several initiatives. The brand has recently introduced a first for this segment – a partnership with the world-famous Cirque du Soleil. The Bar at the Edge of the Earth SM has been designed exclusively by Cirque du Soleil for two Celebrity Cruises’ ships to deliver a unique, one-of-a-kind bar and nightclub experience. In addition, Celebrity Cruises has partnered with National Geographic Traveler to offer one of the most extensive enrichment programs at sea. The “Captain’s Club” loyalty

program continues to be a marketing focus as these passengers are far more likely to cruise again with Celebrity Cruises than non-members. Launched in 2004, Celebrity Xpeditions SM continues to offer a series of unique, upscale experiences designed to differentiate and elevate the Celebrity Cruises brand within the premium cruise segment. A Celebrity Xpedition may be experienced as part of the cruise vacation or as a separate itinerary. These limited-capacity experiences offer itineraries to the Galapagos Islands aboard the Xpedition and the Arctic and Antarctic aboard the Kapitan Khlebnikov. Land experiences include a behind-the-scenes visit with the KGB and Kremlin in Moscow. For 2005, we are adding 13 new Celebrity Xpeditions SM including excursions to the Matterhorn, Easter Island, Houston Space Center and The Great Pyramids of Egypt.

 

[chasetf]

I found this on the NCL board.

 

Here is an updated cruise line ship orders with the recent Carnival order of December 14th, 2005..... My definition of ships (a) Panamax around 90,000 tons (b) Post Panamax up to 120,000 tons © Super Mega over 120,000 tons.

 

AIDA CRUISES

UNNAMED 68,500 April 2007 Meyer Werft

UNNAMED 68,500 April, 2008 Meyer Werft

UNNAMED 68,500 April 2009 Meyer Werft

 

CARNIVAL CRUISE LINES

CARNIVAL FREEDOM 110,000 February 2007 Fincantieri

UNNAMED 112,000 Spring 2008 Fincantieri

UNNAMED 130,000 Fall 2009 Fincantieri

UNNAMED 130,000 Summer 2010 Fincantieri-option

 

...................

Wonder where they are going to park them all. :confused: :confused: Most ports are maxed out. Half of these will probably be in Alaska in the next 5 years.

 

My guess there are 75-100K berths on these ships. :eek: Might be great for price competition

[Barry ATL]

More tendering is to be expected. *sigh*

[flashdog_1]

Don't you imagine some of the lines will "retire" some of their oldest ships, (sell them to other lines that cruise in other parts of the world that do shorter hauls)?

[Longboysfan]

AIDA CRUISES

UNNAMED 68,500 April 2007 Meyer Werft

UNNAMED 68,500 April, 2008 Meyer Werft

UNNAMED 68,500 April 2009 Meyer Werft

 

I looked at this Cruise line.

German line - Italian Flagged.

Operating in Norther waters - 2 ships - Crusing to Sweden, Russia, Iceland, Norway...

Operating in the med - 3 ships.

 

This would be the largest of their fleet.

 

Looks like a cross between RCCL and NCL.

 

Interesting thing as you look at their promo pictures. No one over 35 or so in the pictures.

[albertiger]

NCL has named their 2 next ships,

Norwegian Pearl and Norwegian Gem.i believe Seatrade said they were to be delivered in 2008-09.

[albertiger]

NCL's newbuilds are scheduled for Feb. and Oct. 2007 delivery from Meyer Werft.;)

[chasetf]

More tendering is to be expected. *sigh*

Saw the Sea was tendering in St. Maarten... all the big boys were tied up. :D

[chasetf]

Don't you imagine some of the lines will "retire" some of their oldest ships, (sell them to other lines that cruise in other parts of the world that do shorter hauls)?

But they are sailing somewhere.... crowding those ports. The lines retire a 1200 pass and replace it with a 3600 pass.

 

Last time I was at St Maarten, on the Grand, the old Love Boat was there... total of about 3500 people.

 

Today I saw four mega liners (Triumph / Nav of Seas / Norw Spirit / Carib Princess) with the Sea Princess.... total of about 14,000 to 16,000 people...

 

Great for the local economy :D but crowded for all those folks..:(

[Longboysfan]

Today I saw four mega liners (Triumph / Nav of Seas / Norw Spirit / Carib Princess) with the Sea Princess.... total of about 14,000 to 16,000 people...

 

Great for the local economy :D but crowded for all those folks..:(

 

up to 16K people in one port at one time.......

Double the sidewalks.

 

I thought they were building another pier in St. Thomas.

 

They have built a few new piers in the southern ports.

But flying into Puerto Rico and going to the south is a tough haul.