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Unique Cruise Solutions The news you need to know |
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Cruise News for the Corporate Travel Professional |
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Oceania Cruises declines option to build another new ship |
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Oceania Cruises' 684-passenger Regatta will sail in Alaska during
the summer of 2011. In the latest sign that cruise lines remain cautious about
the future, there's word this week that Oceania Cruises has decided not to
exercise an option to build a third ship in its new Oceania Class series. The upscale line declined to trigger the option for the $500 million vessel with Italian shipyard Fincantieri before it expired in October. Oceania already is building two ships in the series. The 1,258-passenger Marina debuts in February; the 1,258-passenger Riviera arrives in 2012. The Marina and Riviera will be the three-ship line's first new vessels since its founding in 2002 and will more more than double the company's capacity . Oceania ordered the two ships with an option for a third in early 2007, before the economic downturn. Oceania's decision not to exercise the option comes as the two biggest companies in the cruise business, Carnival Corp. and Royal Caribbean Cruises Ltd., have been saying publicly that they are slowing ship orders for the foreseeable future. The only major North America-based cruise company in rapid expansion mode is 11-ship Norwegian Cruise Line, which recently ordered two massive new vessels that will expand its capacity by more than 30%. |
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Worldwide Travel & Cruise Assoc., Inc. 150 S. University Dr. Ste E, Plantation, FL 33324 - USA Tel: +1 954 452 8800 Fax: +1 954 252 3945 EMail: sales@cruiseco.com |
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