General News
Carnival Corporation & plc Exercises Option for New 86,000-Ton Ship for
Holland America Line
2,100-Passenger Vessel Scheduled to Enter Service in Fall 2010
MIAMI, June 11 -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK)
today announced that it has exercised its option for a new 86,000-ton vessel
for its Holland America Line brand.
The new 2,100-passenger ship will be built by Italian shipbuilder
Fincantieri at its Marghera shipyard at an estimated all-in cost of euro 425
million. Delivery is scheduled for fall 2010.
Micky Arison, Carnival Corporation & plc chairman and CEO, said, "Holland
America Line is performing very well and its growth is consistent with our
business strategy for the premium segment of our business which seeks to
capitalize on the increasing affluence of the baby boomer generation. The
exercise of this option is another opportunity to strengthen Holland America's
position as the leading premium cruise brand in the world."
Stein Kruse, Holland America Line's president and CEO, noted that the new
vessel will be a sister to the Eurodam which is already under construction at
Fincantieri and due to debut in summer of 2008. Eurodam's size has been
increased slightly since originally announced and both ships will have a
lower-bed capacity of 2,100. "These two elegant vessels will embody the many
on-board amenities that Holland America Line first introduced to cruising as
part of our very successful 'Signature of Excellence' initiative. Those
amenities have uniquely positioned the Holland America vacation experience
while building upon our distinction as a leader in premium cruising," Kruse
said.
Kruse added that the two ships, to be the largest in Holland America's
fleet, will maintain the brand's commitment to mid-sized vessels, larger
staterooms, and richly appointed dining areas, lounges and other public rooms.
"The addition of these two ships represent a 23 percent increase in our
capacity over the 2008 through 2010 time period and will allow us to continue
our premium leadership position and achieve a greater share of the growing
cruise market," he said.
The new vessel will continue the evolution of the Holland America Line
brand with features that will include a topside 144-seat specialty restaurant,
a diversity of live music and entertainment facilities, outside-view glass
elevators at mid-ship, and an expanded Greenhouse Spa and Salon with thermal
suites and hydro-pool.
Of the new ship's 1,050 staterooms, 85 percent will offer an ocean view
and 67 percent will feature private verandahs. All staterooms will offer plush
Mariner's Dream beds, flat panel TVs and DVD players.
The vessel will feature such popular Holland America Line facilities as
the Crow's Nest Lounge, Explorations Cafe, Pinnacle Grill and the innovative
Culinary Arts Center presented by Food & Wine Magazine, offering cooking
demonstrations and classes in state-of-the-art show kitchens.
With today's announcement, Carnival Corporation & plc has 17 new ships on
order, 12 of which are being constructed by Fincantieri.
Carnival Corporation & plc is the largest cruise vacation group in the
world, with a portfolio of cruise brands in North America, Europe and
Australia, comprised of Carnival Cruise Lines, Holland America Line, Princess
Cruises, Seabourn Cruise Line, AIDA Cruises, Costa Cruises, Cunard Line, Ocean
Village, P&O Cruises and P&O Cruises Australia.
Together, these brands operate 82 ships totaling 155,000 lower berths with
17 new ships scheduled to enter service between December 2007 and June 2011.
Carnival Corporation & plc also operates Holland America Tours and Princess
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&P 500 and the FTSE
100 indices.
SOURCE Carnival Corporation & plc
-0- 06/11/2007
/CONTACT: Media, Tim Gallagher of Carnival Corporation & plc,
+1-305-599-2600, Ext. 16000; Rose Abello of Holland America Line,
+1-206-286-3479; Richard Jacques or Sophie Brand of Brunswick Group,
+44-0-20-7404-5959; or Investor, Beth Roberts of Carnival Corporation & plc,
+1-305-406-4832/
/Web site: http://www.carnivalcorp.com /
(CCL CUK)