Carnival Corporation orders two new ships from Meyer Turku

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Meyer Turku (Finland) has signed a memorandum of agreement with the world’s largest cruise ship operator Carnival Corporation & plc for two new, 180 000 GT, cruise ships. The Ships will be built for Carnival Cruise Lines with delivery dates expected in 2020 and 2022. With the same agreement, Carnival Corporation & plc also orders one 180 000 GT cruise ship from Meyer Werft (Germany) for P&O Cruises, to be delivered in 2020.

All three ships will be Liquefied Natural Gas (LNG) powered and will be based on the next-generation “green cruising” ship design developed with Carnival Corporation.

“We are proud to be at the forefront of introducing LNG-powered ships to the cruise industry, working with our partners to achieve shipbuilding breakthroughs like this that will help us produce the most efficient and sustainable ships we have ever built,” said Arnold Donald, CEO of Carnival Corporation & plc.

Jan Meyer, CEO of Meyer Turku said: “We are very happy to work again with both Carnival Cruise Lines and P&O Cruises. In Turku we are also very excited as these ships will be the first ones to the get full benefit from our investments in next-generation production facilities and IT-systems. Another important aspect is the long-term horizon for our business. It creates an environment where we and also our suppliers can grow and develop. In the end this will lead to a lot of good work for us and other Finnish companies.”, Jan Meyer comments.

In conjunction with the order for Turku, the delivery of the 2nd ship for Costa Cruises will shift from 2020 to 2021.

Yet another push for the future of Meyer Turku

The new ships also represent a return for shipbuilding in Turku for Carnival Cruise Line and another push for the future of Meyer Turku shipyard. With the company’s extraordinarily long order book reaching now to 2022, Meyer Turku is growing with modern investments in facilities and people.

“Turku yard has over 200 years of proud heritage. Generations of shipbuilder have continuously pushed the boundaries of what is possible in technology and size. Now we are building a new and modern Turku yard. With our investments in next generation IT-supported production facilities, exceeding 75m€, we are working on a more data-driven production with unprecedented productivity. In order to fully unleash this productivity potential, our ship designers will work even closer with our production using effective processes and modern IT.

Modern facilities are important, yet even more important are the people. Since 2014 we have already created more than 350 jobs – and many more interesting challenges and opportunities lie ahead,” CEO of Meyer Turku Jan Meyer continues.

Interview requests:

Tapani Mylly
Communication Manager
tapani.mylly@meyerturku.fi
Meyer Turku Oy
Telakkakatu 1
20101 Turku
Finland Mobile: +358-50-560 2464
Tel: +358 (0)10 670 6206
www.meyerturku.fi

Meyer Turku Oy employs 1,550 persons and specializes in building highly complex, innovative and environmentally friendly cruise ships, car-passenger ferries and special vessels. Together with two sister shipyards in Germany, Meyer Werft in Papenburg and Neptun Werft in Rostock, Meyer Turku is one of the world’s leading cruise ship builders. The successful shipbuilding tradition in Turku has been continuing since 1737. The company is currently building cruise ships for TUI Cruises and a fast ferry for Tallink. The company will also build two cruise ships for Costa Crociere.

The design and construction of the ships are supported by the subsidiaries of Meyer Turku: Piikkio Works Oy, which is a Cabin Factory in Piikkiö, Shipbuilding Completion Oy, which provides turnkey solutions to public spaces in ships, and ENG´nD Oy, which is an engineering company offering services for shipbuilding and offshore.

Carnival Cruise Line, a unit of Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), presently operates a fleet of 25 ships. In addition to the two new ships announced today, the 133,500-ton Carnival Horizon is under construction in Italy and set to debut in 2018.

Carnival Corporation
Carnival Corporation & plc is the largest leisure travel company in the world, with a portfolio of 10 cruise brands in North America, Europe, Australia and Asia comprised of Carnival Cruise Line, Fathom, Holland America Line, Princess Cruises, Seabourn, AIDA Cruises, Costa Cruises, Cunard, P&O Cruises (Australia) and P&O Cruises (UK).

Together, these brands operate 101 ships visiting over 700 ports around the world and totaling 225,000 lower berths with 18 new ships scheduled to be delivered between 2016 and 2022. Carnival Corporation & plc also operates Holland America Princess Alaska Tours, the leading tour companies in Alaska and the Canadian Yukon. Traded on both the New York and London Stock Exchanges, Carnival Corporation & plc is the only group in the world to be included in both the S&P500 and the FTSE 100 indices.

Additional information can be found on www.carnival.com , www.hollandamerica.com , www.princess.com , www.seabourn.com , www.aida.de , www.costacruise.com , www.cunard.com , www.pocruises.com.au , www.pocruises.com and www.fathom.org .