Marella Cruises Partners with Fincantieri for Landmark Newbuild Journey

Marella Cruises Partners with Fincantieri for Landmark Newbuild Journey

(IN BRIEF) Marella Cruises is entering the newbuild market for the first time by partnering with Fincantieri to design and construct two new cruise ships, specifically targeting the English market with an emphasis on sustainability. The Memorandum of Agreement, signed on 31 March 2025 with TUI AG, represents a significant milestone, valued at over €2 billion. The new vessels, expected to be delivered in 2030 and 2032, will offer refined design, high-quality materials, and spacious accommodations, setting a new standard for premium cruising. Pierroberto Folgiero of Fincantieri highlighted the strategic importance of the partnership in expanding the company’s client base and ensuring long-term capacity at its shipyards. This initiative also builds on Fincantieri’s previous successful collaborations with TUI Cruises, reinforcing its leadership in innovative, sustainable cruise ship construction.

(PRESS RELEASE) TRIESTE, 1-Apr-2025 — /EuropaWire/ — Marella Cruises is set to embark on a groundbreaking newbuild journey by partnering with Fincantieri to construct its first-ever newly built cruise ships. On 31 March 2025, Fincantieri and TUI AG signed a Memorandum of Agreement (MoA) for the design and construction of two state-of-the-art vessels under the Marella Cruises brand. This landmark agreement, valued at over €2 billion and subject to standard financing and other conditions, marks a significant milestone for Marella Cruises as it enters the newbuild segment for the first time, while also broadening Fincantieri’s client portfolio with an exciting new brand in the cruise sector.

The two ships will be specifically designed for the English market with a strong emphasis on environmental sustainability. They are set to redefine the premium cruising experience through refined design, high-quality materials, and a range of spacious accommodations. Delivery of the vessels is scheduled for calendar years 2030 and 2032.

Pierroberto Folgiero, CEO and Managing Director of Fincantieri, commented, “We are proud to welcome Marella Cruises as a new customer and support its vision as it enters the newbuild segment. This agreement demonstrates Fincantieri’s capability to form strategic partnerships with an expanding client base, ensuring long-term capacity utilization at our shipyards. Our combined expertise in ship design, innovation, and sustainability will deliver vessels that meet the evolving expectations of modern cruise passengers.”

This collaboration builds on Fincantieri’s successful track record with TUI Cruises, the joint venture between TUI AG and Royal Caribbean Cruises, further cementing its reputation as a leader in delivering advanced and sustainable cruise solutions.

Fincantieri is one of the world’s largest shipbuilding groups, the only one active in all high-tech marine industry sectors. It is leader in the construction and transformation of cruise, naval and oil & gas and wind offshore vessels, as well as in the production of systems and component equipment, after-sales services and marine interiors solutions. Thanks to the expertise developed in the management of complex projects, the Group boasts first-class references in infrastructures, and is a reference player in digital technologies and cybersecurity, electronics and advanced systems. With over 230 years of history and more than 7,000 ships built, Fincantieri maintains its know-how, expertise and management centres in Italy, here employing over 11,000 workers and creating around 90,000 jobs, which double worldwide thanks to a production network of 18 shipyards operating worldwide and with almost 22,000 employees. www.fincantieri.com

Media Contacts:

Press Office:

Tel. +39 040 3192111
press.office@fincantieri.it

Investor Relations:

Tel. +39 040 3192111
investor.relations@fincantieri.it

SOURCE: FINCANTIERI