MSC and Fincantieri sign contracts for the construction of four luxury cruise ships

MSC and Fincantieri announced the signing of the final contracts for the construction of four luxury cruise ships, Fincantieri said in its release.
 
All four vessels will have gross tonnage of approximately 64,000 GT and will feature the latest maritime and environmental technologies available. Each equipped with 481 guest suites, they will also showcase a highly-innovative design and introduce ground-breaking options for guest comfort and relaxation.
 
This announcement follows the initial signing of a memorandum of agreement between the two parties in October 2018. The contracts, subject to shipowner financing, have a total value exceeding EUR 2 billion.
 
As per the terms of the agreement, the first of the four ships will be delivered by Spring 2023. The remaining three will come into service one per year over the following three years through 2026.
 
MSC is the cruises division of MSC Group, the world’s second largest transportation and logistics business. Under this umbrella will operate the new brand as well as MSC’s contemporary brand MSC Cruises, the leading cruise brand across Europe, South America, the Gulf as well as southern Africa. Fincantieri is the heir to the great tradition of Italian shipbuilding and one of the largest shipbuilding groups in the world.
 
Since starting to work with Fincantieri, in 2014, MSC has also ordered four ships for its contemporary MSC Cruises brand, for a value of EUR 3.2 billion. The first two of these vessels, MSC Seaside and MSC Seaview, are already in service. The next two vessels will be delivered in 2021 and 2023, with MSC Seashore already under construction at Fincantieri’s yard in Monfalcone.