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Carnival Orders Fourth Excel-Class Ship

Carnival Cruise Line
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Carnival Corporation & plc has signed an agreement with leading German shipbuilder Meyer Werft to build a fourth Excel class cruise ship for its namesake Carnival Cruise Line brand.

The ship, the 10th Excel class ship in the corporation’s fleet across four of its world-class brands, is expected to enter service in Spring 2027.

The new 180,000-ton ship will carry over 6,400 guests and be powered on a liquefied natural gas (LNG) technology platform. This new ship is the first newbuild order placed by Carnival Corporation in five years.

Christine Duffy, President of Carnival Cruise Line said: “Our Excel class ships have been a tremendous addition to the Carnival fleet and proven very popular with our guests.

“This new ship enables us to continue the growth of our incredible fleet as we welcome our loyal guests back to cruise more frequently and attract new-to-cruise guests to experience all that a Carnival cruise has to offer.”

Josh Weinstein, CEO of Carnival Corporation said: “Building on our strong performance and growing momentum around the world, we are excited to resume our newbuild program and further enhance our global fleet with yet another state-of-the-art ship that will wow Carnival Cruise Line’s guests.

“With one newbuild scheduled for delivery in 2025, none for 2026, and this order being our only expected newbuild in 2027, our responsible capital approach will support utilizing our substantial free cash flow over the next several years to strategically improve our balance sheet, significantly reduce our leverage levels and continue to transfer value from debt holders to shareholders.

“We are very pleased that the partnership between the MEYER Group and Carnival Corporation will continue with this new order,” said Bernd Eikens, CEO MEYER Group.

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