A Good Sign?

Cruise Lines Starting To Resume Shipbuilding

Royal Caribbean Cruises Ltd. has ordered another so-called Ultra Voyager cruise ship that would be the biggest afloat at about 163,000 tons with capacity for 3,600 guests. Estimated cost is $750 million.

RCCL ordered the first Ultra-Voyager for delivery in spring of 2006 from the Kvaerner Masa-Yards in Finland. The sister ship is scheduled for delivery in spring 2007.

“Despite adverse foreign exchange rates, building a sister ship results in beneficial cost efficiencies and an all-in dollar cost that is essentially the same as the first Ultra Voyager,” RCCL said in a press statement.

Meanwhile, rumors from Europe say Carnival Corp. might be considering placing another newbuild order with Fincantieri in Italy for its Costa brand, reports industry online newsletter Seatrade Insider, citing reports in the Italian financial press. Fincantieri is currently constructing two ships for Costa: the 105,000-ton Costa Magica, slated for delivery in November, and an 112,000-ton vessel, which will be ready mid-2006.