Meyer Turku News

Royal Caribbean Group has confirmed an order with Meyer Turku for a sixth and seventh Icon Class ship to be delivered in 2029 and 2030, respectively.The order is part of the company's long-term framework agreement with Meyer Turku that secures the Group's access to shipbuilding capacity through 2036 and includes the previously announced Icon 5 order to be delivered in 2028.The collaboration between Royal Caribbean Group and Meyer Turku spans more than three decades, during which the shipyard has built 25 ships for the company.

A new headquarters for Meyer Turku will be built in the immediate vicinity of the shipyard, in the Blue Industry Park area. The project, valued at approximately USD$46.8 million (EUR 40 million), forms part of the company’s investment program. Construction is scheduled to begin in summer 2026, with the new premises to be completed in early 2028. The project will be designed and constructed by SRV, with real estate investment company Balder acting as investor.The project comprises two office towers with a combined gross floor area of approximately 12,000 square meters.

Finnish shipbuilder Meyer Turku has launched a five-year research and development program aimed at supporting the maritime industry through environmental, digital and geopolitical changes.The MERiON program, co-funded by Business Finland, will run from 2026 to 2030 and focus on developing future-ready cruise ships and floating infrastructure.The initiative builds on the company’s previous NEcOLEAP program and is part of a broader effort to strengthen Finland’s shipbuilding sector through increased research…

A flourishing cruise market and European shipbuilders’ unerring contractual success in the sector has taken orderbooks into the middle of the next decade, ensuring production continuity and underpinning fresh capital expenditure and R&D commitments by the continent’s foremost players.Just how important the segment is to the industry and supply chain may be gauged from the fact that at least three-quarters of the value of European yards’ commercial orderbooks is attributable to…

In the world of large cruise ship construction, few yards operate at the level of Meyer Turku, which recently unveiled its 2025 results which serve as a turning point, not just in financial recovery, but in long-term strategic positioning.The numbers, at first glance, tell a familiar post-pandemic story. Turnover climbed to €2.14 billion, up more than 17% year-on-year, while adjusted EBIT reached €105.1 million, marking a continued recovery from losses just two years prior. But beneath the financials lies a more consequential shift: a yard restructuring itself for independence…

Meyer Turku has unveiled a net-zero cruise ship concept design named AVATAR.The project achieved its set emissions reduction target: the vessel’s lifecycle carbon footprint was successfully reduced by more than 90 percent compared to the baseline defined by the IMO.Developing a net zero vessel concept was one of the key objectives of NEcOLEAP, Meyer Turku’s four‑year research and development program co‑funded by Business Finland. The outcome has also been critically reviewed by a third party.“AVATAR has provided a solid foundation for our development work.

On Monday, January 19, 2026, production of the fifth vessel in the Icon Class began at the Meyer Turku shipyard. The ceremonial event held in the steel hall was attended by representatives of the ship’s owner Royal Caribbean Group, the Meyer Turku organization, and the classification society.The traditional steel-cutting ceremony marked the start of more than two years of construction and outfitting work, involving thousands of professionals across different fields. Once completed…

Konecranes has signed a wide-ranging service agreement with Meyer Turku shipyard in Finland for the maintenance and optimization of approximately 200 cranes.The service agreement covers smaller units handling just 63 kg to a massive 1,200-tonne Goliath gantry crane.It includes a comprehensive operational maintenance, repair and readiness plan for the different cranes and equipment in the shipyard.Meyer Turku is a cornerstone of Finland’s maritime industry with a legacy spanning nearly 300 years.

On Monday, September 8, 2025, Meyer Turku Shipyard celebrated the keel laying of the fourth cruise ship in the Icon Class. The ship, built for Royal Caribbean and known by its working name Icon 4, has thus progressed to the hull assembly phase. The traditional ceremony held at the bottom of the building dock included a symbolic ceremony in which representatives of the customer, the classification society and the shipyard placed coins under the first steel block to bring good luck and protection to the ship.

Royal Caribbean's Legend of the Seas, which is being built at the Meyer Turku shipyard, floated out during a ceremony on Friday, August 29, 2025. The traditional float out ceremony included speeches by representatives of the shipyard and the vacation company, a salute fired by a gun salute group, and a playful competition to open the water valves of the construction basin. During the weekend following the ceremony, the ship was moved to the outfitting dock, where finishing work will continue for just under a year.At 365 meters long…

The construction of the Finnish Border Guard’s two multipurpose offshore patrol vessels, ordered from Meyer Turku, has proceeded to the traditional christening ceremony carried out in equipping stage. On Friday, August 22, 2025, the first vessel was christened Karhu. The christening was carried out by the vessel’s godmother, Mrs Suzanne Innes-Stubb. The ceremony took place in the shipyard Uudenmaan Työvene, where the vessel will be equipped. The ship will be delivered to its owner in winter 2026.

Meyer Turku has today handed over the Star of the Seas to Royal Caribbean. Star of the Seas is the second Icon class ship built at the Meyer Turku shipyard. Star of the Seas will leave the shipyard in mid-July and will later in the summer start sailing on the Caribbean from its home port in Port Canaveral.Star of the Seas' eight different neighbourhoods include the largest water park in the seas, the Central Park with live plants, the AquaTheatre with water acrobatics and around 40 different places to eat.

Meyer Turku continues to push the boundaries of sustainable shipbuilding with the adoption of central heating for ships under construction. Traditionally, oil-burning stoves have been used for heating during colder months, but with the introduction of a water-based central heating system, reductions in emissions and costs have been achieved.The transition to central heating was first explored in late 2023, leading to infrastructure upgrades that enabled the deployment of a movable water-based heating system aboard vessels.

Finland's Meyer Turku Group's financial result for 2024 has been published, with the company reporting a turnover of 1.80 billion euros ($2 billion) which marks a growth of 28% compared to the previous year.The net profit for the financial year 2024 was 68.9 million euros ($76 million) 3.8% of the turnover.“We have now seen the anticipated turnaround and today have a healthy order backlog. Reaching this result also supports us in our ongoing negotiations for future financing,” says Lari Niemi…

Casimir Lindholm has been appointed CEO of Meyer Turku Oy as of May 2025. Lindholm is currently President and CEO of Cargotec Oyj, and he has a long professional career as CEO in different companies such as Eltel and Lemminkäinen.Lindholm succeed Tim Meyer, who will join the Meyer Turku Oy Board of Directors in position of vice chair. This step is a part of a planned generational change, after Bernard Meyer handing over the chair position to Jaakko Eskola earlier this spring.“In Casimir, we have found an exceptional leader with years of experience from various industries such as construction.

Battered by Covid, the cruise industry was down but not out. Today it is setting records in passenger count + the size and cost of a new fleet.Post-Pandemic, the fortunes of the big cruise companies have brightened dramatically. A late December, 2024 earnings release from Carnival Corporation & plc (NYSE: CCL), encompassing brands including Carnival Cruise, Holland America, Cunard, Princess Cruises and others, says it all: “This has been an incredibly strong finish to a record year,” said CCL’s CEO Josh Weinstein, in its statement.

Meyer Turku Oy announced the appointment of Jaakko Eskola as the new Executive Chair of its Board of Directors.“With Jaakko Eskola, we engage a proven professional who has an international maritime background and is well-established in the Finnish industry. He will play a crucial part in our continuous journey of developing Turku Shipyard further,” said Tim Meyer, CEO of Meyer Turku Oy. “We have taken several steps to return to profitability, particularly last year, which was very busy as we continuously enhanced the yard and our processes.

Palfinger Marine won a contract with the Finnish Meyer Turku shipyard to provide lifesaving appliances (LSA) for Royal Caribbean International’s fourth Icon Class ship, set to debut in 2027. The fourth Icon Class ship, built at the Finnish Meyer Turku shipyard, will have a comprehensive package of state-of-the-art LSA. This includes 18 lifeboats, one of the largest totally enclosed lifeboats on the market, each with a capacity of 450 passengers. Complementing this, 18 hydraulic pivoting davits ensure the secure and seamless deployment of the lifeboats.

The Baltic Sea has become a flashpoint for a multitude of maritime security issues, a driver for the Finnish Border Guard to renew its fleet.The completion of the two new patrol vessels ordered from Meyer Turku by the Finnish Border Guard is progressing, an on December 3, 2024, production was started of the second ship, planned for delivery in 2026.A start of production ceremony was held at the Baltic Operator shipyard in Gdansk. Representatives of the Border Guard, Meyer Turku…

It has been 10 years since the Meyer family's shipbuilding company became the host of the Turku shipyard in Finland. In the anniversary year, the shipbuilder said its direction remains clear: Both the world's most advanced cruise ships and the shipyard's own operations aim for carbon neutrality.Meyer Turk CEO Tim Meyer said, "We are proud to continue Turku's shipbuilding tradition dating back to 1737. The acquisition we made 10 years ago was mainly based on two grounds: First, Turku has a long shipbuilding tradition and world-class know-how.

Finnish shipbuilder Meyer Turku has floated out Star of the Seas, the second Icon-class cruise ship for U.S. cruise giant Royal Caribbean.The float out was celebrated at the Turku, Finland shipyard with an event that included the firing of a ceremonial cannon. The dry dock gates were opened, and the dry dock—measuring 16 meters deep, 80 meters wide and 365 meters long—was filled with water, a 9-hour process. Once the dry dock was fully flooded, the ship was floated out and moved to the outfitting pier, where the final outfitting stages are now underway.

Royal Caribbean Group on Tuesday announced an agreement with Finnish shipbuilder Meyer Turku for the construction of up to three new Icon Class vessels—the world's largest cruise ships. The deal includes one firm order for scheduled delivery in 2027 plus options for two additional vessels.The U.S.-based cruise giant has been steadily growing its capacity amid continued strong demand across the cruise sector, with a newbuild pipeline that now includes seven new ships on order and two shipyard options.These latest orders are the fourth, fifth and sixth ships in Royal Caribbean's Icon Class.

Finnish shipbuilder Meyer Turku on Monday delivered Mein Schiff 7 to German cruise line TUI Cruises.Mein Schiff 7 is the seventh ship of the Mein Schiff series built at the Turku shipyard. "Mein Schiff 7's symbolic start of production, the steel cutting ceremony, took place at our shipyard on June 14th, 2022," says Tim Meyer, CEO of Meyer Turku, "We are very proud to have delivered Mein Schiff 7 to TUI Cruises today, less than two years later. This was made possible by our long…