In a bold move signalling continued growth and innovation, Carnival Cruise Line, under the umbrella of Carnival Corporation & plc, has inked a deal with Meyer Werft shipyard for the construction of an additional Excel-class cruise ship. Slated for delivery in 2028, this announcement marks the introduction of the fifth Excel-class ship to the Carnival fleet and the eleventh across Carnival Corporation's global lineup. This strategic expansion underscores Carnival's dedication to enhancing guest experiences and operational efficiencies while adhering to a responsible capital approach.
Since the debut of Mardi Gras in 2021, Carnival Cruise Line's Excel-class ships have set new benchmarks in the cruise industry for their guest amenities and environmental innovations. These ships, including the forthcoming Carnival Firenze set to join the fleet in April, have significantly contributed to Carnival's reputation for delivering exceptional vacation experiences. The addition of a fifth Excel-class ship cements Carnival's position as a leader in the cruising world, promising even more opportunities for guests to enjoy cutting-edge facilities and unforgettable journeys.
Echoing Carnival's commitment to sustainability, the new Excel-class ship will be powered by liquefied natural gas (LNG), aligning with the company's environmental goals. Boasting a tonnage of 180,000 and designed to accommodate over 6,400 guests and 1,800 crew members, this vessel represents the pinnacle of modern, eco-conscious cruise design. LNG propulsion is a cornerstone of Carnival's strategy to reduce its carbon footprint, showcasing the cruise line's proactive approach to leveraging cleaner energy sources.
Carnival Corporation's CEO, Josh Weinstein, emphasized the strategic nature of this expansion, balancing growth aspirations with a judicious financial strategy. The corporation aims to utilize its strong free cash flow to bolster its balance sheet, reduce leverage levels, and enhance shareholder value. This new build forms part of a larger plan to introduce one to two ships annually starting in 2027, demonstrating a measured approach to capacity growth that aligns with market demand and Carnival's competitive positioning.
The collaboration with Meyer Werft, a shipyard with a storied history of delivering high-quality, innovative cruise ships, is a testament to Carnival's pursuit of excellence. Bernd Eikens, CEO of MEYER Group, expressed pride in the role Excel-class ships have played in Carnival Corporation's success story, looking forward to continuing this fruitful partnership.
The announcement of the fifth Excel-class ship is not just about adding another vessel to the fleet; it's about Carnival Cruise Line's vision for the futureāa future where guest satisfaction, environmental stewardship, and strategic growth converge. As Carnival prepares to usher in this new era of cruising, guests can anticipate even more transformative experiences on the high seas, underpinned by Carnival's unwavering commitment to innovation, sustainability, and guest delight.
For those intrigued by the promise of sailing aboard Carnival's Excel-class ships or looking to explore the expansive Carnival Cruise Line fleet, reaching out to a travel adviser at S.W. Black Travel is your first step towards an unforgettable cruise adventure. Our team is dedicated to helping you navigate the best cruise options and ensuring your vacation is nothing short of spectacular. Click the button below to explore available cruises and embark on your journey with Carnival Cruise Line's expanding fleet.