Carnival Corp. Exercises Option for HAL Ship

Monday, June 11, 2007
Carnival Corporation & plc has exercised its option for a new 86,000-ton vessel for its Holland America Line brand. The new 2,100-passenger ship will be built by Italian shipbuilder Fincantieri at its Marghera shipyard at an estimated all-in cost of €425 million. Delivery is scheduled for fall 2010. Stein Kruse, Holland America Line’s president and CEO, noted that the new vessel will be a sister to the Eurodam which is already under construction at Fincantieri and due to debut in summer of 2008. Eurodam’s size has been increased slightly since originally announced and both ships will have a lower-bed capacity of 2,100. Kruse added that the two ships, to be the largest in Holland America’s fleet, will maintain the brand’s commitment to mid-sized vessels, larger staterooms, and richly appointed dining areas, lounges and other public rooms. “The addition of these two ships represent a 23 percent increase in our capacity over the 2008 through 2010 time period and will allow us to continue our premium leadership position and achieve a greater share of the growing cruise market,” he said. The new vessel will continue the evolution of the Holland America Line brand with features that will include a topside 144-seat specialty restaurant, a diversity of live music and entertainment facilities, outside-view glass elevators at mid-ship, and an expanded Greenhouse Spa and Salon with thermal suites and hydro-pool.

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