Construction to begin on new cruise ships for Chinese market

The contracts for the construction of two new cruise ships for CSSC Carnival Cruise Shipping have been signed.

The project has a total value of US$1.5 billion, not counting the options for four additional vessels.

The vessels will be constructed by Shanghai Waigaoqiao Shipbuilding (SWS), a subsidiary of China State Shipbuilding Corporation (CSSC).

A joint venture set up by Fincantieri and CSSC Cruise Technology Development will grant a technology licence of the ship model platform and provide a series of technical services to SWS, including project management activities, supply chain management, and sales of fundamental systems and components of the vessels.

The design will be tailored for the specific tastes of Chinese travelers and for CSSC Carnival Cruise Shipping, the new Chinese brand of the joint venture between Carnival Corporation and CSSC, which will also operate the vessels.

The first delivery is expected in 2023.

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