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Mitsubishi offers about 10% discount in AIDA deal

  • Written by Kari Reinikainen
  • Category: Top Headlines

Mitsubishi Heavy Industries, the Japanese shipbuilder that singed contract to build two 125,000 gross ton ships for AIDA Cruises in Germany, has agreed to build the ships at about €10,000 to €15,000 per berth cheaper than recent newbuilding orders placed with European builders, indicating a discount of up to 10%, figures show.

AIDA’s 3,250 passenger vessels contracted in Japan will cost about €140,000 per lower berth. By comparison, the company agreed to pay €150,000 per lower berth on a 71,300 gross ton ship ordered at Meyer Werft in Germany last year. The ship will have 2,192 lower beds.

The most expensive contract in per berth terms of recent time has been an order Royal Caribbean International placed with Meyer Werft for a 158,000 gross ton Project Sunshine vessel with 4,100 lower berths: it will cost €170,000 per lower berth to build. The brand is part of Royal Caribbean Cruises Ltd group.

Princess Cruises and P&O Cruises, both parts of the Carnival Corp & plc group and sister companies of AIDA Cruises, agreed to pay €155,000 per lower berth for two and one 141,000 gross ton newbuilding at Fincantieri, respectively. All three ships will have 3,600 lower berths.

Norwegian Cruise Line that ordered two 143,500 gross ton newbuildings at Meyer Werft last year got their 4,000 passenger vessels at €150,000 per lower berth.

Mitsubishi built two ships for Princess Cruises – Diamond Princess and Sapphire Princess – early in the previous decade, but has not won cruise liner orders since then.

AIDA Cruises and Mitsubishi sign contract for two new 125,000 gross ton ships

  • Written by Kari Reinikainen
  • Category: Top Headlines

AIDA Cruises, the German unit in the Carnival Corp & plc group, has signed an agreement with Mitsubishi Heavy Industries in Japan to build two cruise liners of 125,000 gross tons each, with accommodation for 3,250 passengers. The ships are due for delivery in March 2015 and March 2016 and they will cost about €140,000 per lower berth each, AIDA Cruises said in a statement.

Costa orders 132,500 gross ton newbuilding – represents new class

  • Written by Teijo Niemelä
  • Category: Top Headlines

Costa Crociere S.p.A., Italy’s largest tourism group and Europe’s no. 1 cruise company, has placed a new order with Fincantieri S.p.A. for the construction of a new cruise ship.

The new ship ordered today, with a gross tonnage of 132,500, 3,700 lower berths, 4,928 total capacity and 1,854 cabins, will be the largest Italian cruise ship and the 10th ship ordered from Fincantieri by Costa Cruises in the past 10 years. The new flagship in the Costa fleet and the Italian passenger fleet will be built at the Fincantieri in Marghera (Venice), for a total ship owner’s all-in cost of approximately €150,000 per lower berth. Delivery is planned for October 2014. The new ship will be an innovative evolution of the "Concordia-class”, developed by integrating and improving the main features of the latest successful Costa ships entered into service. This new ship order is subject to financing.

At the same time Costa Crociere S.p.A. also announced the sale of the Costa Marina, which has been in service for more than 20 years, and as of November 2011 will no longer be part of the fleet.

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