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Carnival Corp. Finalizes Contract For Cunard Line's Queen Mary 2

Maritime Activity Reports, Inc.

November 6, 2000

Carnival Corp. announced it has finalized a contract with France's Alstom Chantiers de l'Atlantique shipyard for the construction of the Queen Mary 2, a new 150,000-ton "liner-style" vessel for its Cunard Line unit.

The largest ocean liner ever constructed, Queen Mary 2 will have a basis-two capacity of 2,620 and will be built at a cost of approximately $780 million. Expected to enter service in late 2003, the Queen Mary 2 represents the first new ocean liner constructed in more than three decades.

At 1,132 ft. (345 m) and 17 decks high, the vessel will stretch nearly four football fields in length with a height equal to a 23-story building. Queen Mary 2 will also have a beam of 135 ft. (41.1 m), making it the longest and widest passenger ship ever constructed. Its unprecedented size provides for the widest variety of modern amenities and facilities aboard any ocean-going vessel.

Nearly two years in the planning stages, Queen Mary 2 will be the most luxurious liner afloat and will set a new standard in seagoing vacations, with dramatic public spaces designed to evoke the style and elegance of the grand transatlantic era of ocean travel.

Among the ship's many highlights are multiple dining venues, including Cunard's traditional "Grill Rooms," a 1,300-seat three-deck-high main restaurant and a casual poolside eatery, indoor and outdoor wrap-around promenades encircling several decks, a planetarium, a seven-classroom enrichment center and an art gallery exhibiting maritime paintings and memorabilia.

Queen Mary 2 will have 1,310 staterooms, nearly three-quarters of which will feature a private balcony. More than 90 suites, including six penthouses offering private butler and concierge service, and five 1,650-square-foot "duplex apartments," each featuring their own private gymnasium, are also available.

The vessel's numerous technological advancements will include a state-of-the-art MerMaid podded propulsion system comprised of two fixed and two rotating units allowing for easy maneuverability, along with a diesel and gas turbine power plant capable of creating 157,000-hp, which will enable the ship to sail at 30 knots, significantly faster than other cruise ships.

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