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Marine Log

December 14, 2007

Carnival orders two more for Aida

Carnival Corporation has ordered two 71,000-ton cruise ships for its AIDA Cruises brand, which caters to the German-speaking market. These two newbuilds mark six new ships that the German cruise operator has ordered in just the past three years.

The 2,174-passenger vessels, which will be built at Germany's Meyer Werft shipyard at an all-in cost of euro 380 million and euro 385 million, are scheduled to enter service in April 2011 and May 2012, respectively.

Additionally, the company announced that it has contracted with Meyer Werft to increase the size of the fourth vessel in the series, set to debut in April 2010, to 71,000 tons with a passenger capacity of 2,174, making it a sister to the two ships ordered today. The all-in cost for that vessel has been increased from euro 335 million to euro 350 million.

All of these vessels will operate under AIDA Cruises' informal "club resort" cruise concept which is marketed exclusively to German-speaking clientele and is aimed at younger, more active guest.

"With the interest in cruise vacations among Europeans continuing to grow significantly, we are committed to investing in our European brands. The addition of these 71,000-ton 'club resort' newbuilds and the increase in capacity for the fourth in the series will help to ensure that we have adequate capacity to meet growing demand, while further reinforcing AIDA's position as the leader in the German cruise industry," said Micky Arison, Carnival Corporation & plc chairman and CEO.

AIDA Cruises' President Michael Thamm added, "Our business has been performing very strongly and our parent company, Carnival Corporation & plc, shares our confidence in the potential of the German cruise business as demonstrated by the more than euro 2 billion investment in six exciting new ships."

These vessels will join the 68,500-ton AIDAbella, set to debut in April 2008, and an as-yet-unnamed sister ship in April 2009. The first vessel in the series, AIDAdiva, was introduced earlier this year.