MSC Cruises Enters Ultra-luxury Segment By Placing Order For Four More Ships From Fincantieri

The first of this highly-innovative new generation of ships will come into service in Spring 2023

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Oct 18, 2018, 09:19 ET

GENEVA and ROME, Oct. 18, 2018 /PRNewswire/ -- MSC Cruises and Fincantieri today announced the signing of a memorandum of agreement (MOA) for the construction of four ultra-luxury cruise ships for a total value in excess of EUR 2 billion.

The ships, the first of which will be delivered in Spring 2023, will have gross tonnage of approximately 64,000 GT and will feature 500 staterooms. The remaining three ships will come into service one per year over the following three years.

The first of the four total ultra-luxury cruise ships is slated to launch in 2023, with the remaining three coming into service one per year over the following three years.

The ships will feature, amongst other, the best and latest environmental technology and other cutting-edge maritime solutions at sea. They will also showcase highly-innovative design as well as introduce ground-breaking options for guest comfort and relaxation.

Pierfrancesco Vago, MSC Cruises' Executive Chairman, said: "It is off the back of the great success of our ship-within-a-ship luxury concept that our guests asked us to enter into the ultra-luxury segment, as a natural evolution of the MSC Yacht Club. These ships will be able to offer unique itineraries, thanks to their size, and the guest services will be taken to another level, including our personalized MSC Yacht Club butler service, available 24/7."

Mr. Vago continued, "I am especially pleased to be able to further extend our partnership with Fincantieri through this new order. The award-winning Seaside and Seaside-Evo class have already been recognized as ground-breaking and innovative designs. We are now introducing another new class, which will establish a new standard of ultra-luxury at sea with ships that will showcase the quality and highest standards that are associated with Made in Italy."

Giuseppe Bono, CEO of Fincantieri, stated: "It is with pride that two great brands – an Italian one and one with a strong Italian DNA -, well-known all over the world, today announce an important construction program. We are extremely satisfied that, to launch a new class of ships in the luxury segment, MSC Cruises has recognized that our design will help them create a new generation of ships that will be cutting edge both in terms of safety and technological content, and with particular attention paid to passenger comfort. With this project Fincantieri can count on 53 cruise ships in its order book, confirming its position as absolute market leader."

About MSC Cruises

MSC Cruises is the world's largest privately-owned cruise company and the number one cruise line in Europe, South America, South Africa and the Gulf. A game-changer in the world of cruises, the Company has achieved 800% growth in its first ten years, building a global reputation in the industry and one of the youngest cruise fleets at sea. MSC Cruises is headquartered in Geneva, Switzerland.

The MSC Cruises fleet currently comprises 15 ultra-modern, highly innovative and elegantly designed ships, offering an unparalleled holiday experience with always delicious and authentic food, award-winning entertainment, plenty of relaxation, comfortable accommodation, as well as impeccable service and expertise.

Under its ambitious industry-unprecedented €13.6 billion (≈15.6 billion USD) investment plan, the fleet is set to expand to 29 cruise ships by 2027. To date, MSC Cruises has designed six new large ship classes, all prototypes that push the boundaries of marine architecture and design, and an ultra-luxury class with ground-breaking options for guest comfort.

MSC Cruises feels a deep responsibility towards the physical and human environments in which it operates. The Company operates with the greatest respect for the world's oceans and is on an ongoing journey to further develop innovative ways of lowering the environmental impact of its cruise passages.

MSC Cruises' holiday experiences are sold across the globe through a distribution network in 70 countries. The Company employs over 23,500 people worldwide, both ashore and on board its ships. MSC Cruises is part of MSC Group which is comprised of leading transport and logistics companies.

More information at http://www.mscpressarea.com.

ABOUT FINCANTIERI

Fincantieri is one of the world's largest shipbuilding groups and number one by diversification and innovation. It is leader in cruise ship design and construction and a reference player in all high-tech shipbuilding industry's sectors, from naval to offshore vessels, from high-complexity special vessels and ferries to mega-yachts, ship repairs and conversions, systems and components production and after-sales services.

Headquartered in Trieste (Italy), the Group has built more than 7,000 vessels in over 230 years of maritime history. With more than 19,400 employees, of whom more than 8,200 in Italy, 20 shipyards in 4 continents, today Fincantieri is the leading Western shipbuilder. It has among its clients the major cruise operators, the Italian and the U.S. Navy, in addition to several foreign navies, and it is partner of some of the main European defense companies within supranational programmes.

More information at www.fincantieri.com.

SOURCE MSC Cruises USA