Princess Cruises Announces Voyager Class Order
Rhea-AI Summary
Princess Cruises (NYSE:CCL) signed agreements with Fincantieri for three Voyager class ships to be delivered in late 2035, 2038 and 2039. Each ship will be 183,000 gross tons, accommodate about 4,700 guests, and use dual-fuel LNG propulsion to reduce GHG emissions.
The order expands Carnival Corporation's LNG fleet (the company's 19th–21st LNG vessels), will be built at Fincantieri Monfalcone, and is subject to financing and customary terms.
Positive
- Three-ship order scheduled for 2035, 2038 and 2039
- Ship size 183,000 gross tons; ≈4,700 guest capacity
- Dual-fuel LNG propulsion for immediate GHG and air-emission reductions
Negative
- Long lead time: deliveries not until late 2035–2039
- Agreements are subject to financing and customary terms
News Market Reaction – CUK
In the Apr 16 session, CUK declined 5.31%, reflecting a notable negative market reaction. Our momentum scanner triggered 26 alerts that day, indicating elevated trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Apr 14 | Asia deployment expansion | Positive | +3.3% | Largest-ever Asia program with expanded Japan and Southeast Asia itineraries. |
| Apr 02 | Promotional sale launch | Positive | -3.5% | Anniversary Sale with fare discounts and onboard credits across global cruises. |
| Mar 27 | Record earnings update | Positive | -4.6% | Record Q1 results, strong bookings, raised outlook and share buyback program. |
| Mar 27 | Onboard product partnership | Positive | -4.6% | New bourbon-at-sea program expanding premium onboard beverage offerings. |
| Mar 25 | Voyage program launch | Positive | +1.2% | Seabourn 2027–2029 global voyages and 40th anniversary programming. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent brand and product news has often seen muted or negative price reactions, even when announcements were strategically positive, while select deployment updates have aligned with share gains.
Over the past several weeks, the company has highlighted multiple growth and product initiatives across its brands. A March 10-Q detailed expanded credit facilities and a lengthened debt maturity ladder. Seabourn’s 2027–2029 voyages and Holland America’s bourbon-at-sea program and Anniversary Sale focused on enhancing guest offerings. Carnival also reported record Q1 results with higher guidance and a large share buyback. Yesterday, Princess announced its largest-ever Asia deployment. Today’s Voyager Class order continues that theme of long-term capacity and itinerary expansion.
Key Terms
liquefied natural gas (lng) technical
dual-fuel powered technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
The three-ship order represents Princess Cruises' largest and most advanced platform, designed to deliver the destination experience and further elevate the cruise line's iconic status
The new vessels will seamlessly blend the most desired and highest-rated experiences and venues Princess Cruises is known for, with completely reimagined outer decks, staterooms and Piazza designs that cater to the brand's global travelers and diverse deployments. These new ships will build upon the award-winning Sphere Class platform and continue to leverage the latest guest-facing and marine technologies. Similar to the highly successful Sun Princess and Star Princess, the Voyager class ships will be dual-fuel powered - primarily by Liquefied Natural Gas (LNG), the best readily available advanced fuel technology that delivers immediate GHG reductions, significantly reducing air emissions compared with other widely available conventional marine fuels. The new ships, which will be the largest by capacity in the Princess Cruises fleet, will be built at Fincantieri's shipyard in Monfalcone,
"The Voyager class will delight both our loyal guests and attract the next generation of Princess guests. We have been leveraging extensive customer and agent research to strike the right balance between evolving our proven winners and introducing new concepts and partnerships grounded in what matters to our current and future guests," said Gus Antorcha, Princess Cruises President. "From exceptional dining and inviting pool environments to elevated entertainment and beautifully reimagined spaces throughout the ship, we are leaving no area untouched as we thoughtfully evolve the Princess experience."
The three ships will be 183,000 gross tons and will accommodate approximately 4,700 guests. Specification details for the ship design, along with anticipated features and amenities of this all-new platform design for Princess Cruises will be shared in the future.
Pierroberto Folgiero, CEO and Managing Director of Fincantieri, commented "We are delighted to announce this new agreement with Princess Cruises, which confirms the strength of a long-standing and forward-looking partnership. These new orders secure a robust workload for our shipyards through 2039 and further support the profitable development of our cruise business, as outlined in our 2026–2030 Industrial Plan. With the new Voyager-class ships, we are once again leveraging Fincantieri's distinctive expertise in sustainable, next‑generation shipbuilding, supporting Princess Cruises in its growth trajectory and reaffirming our role as a trusted industrial partner for the evolution of the cruise industry."
The agreements for Princess Cruises' next-generation cruise ships represent what will be Carnival Corporation's 19th, 20th and 21st LNG-based vessels and is part of the company's ongoing fleet enhancement strategy, aimed at creating excitement in the vacation market while accelerating demand for cruising, the fastest growing segment in the vacation industry. In addition to these three ships scheduled for delivery in late 2035, 2038 and 2039, Carnival Corporation has seven additional new ships under contract that are scheduled for delivery between 2027 and 2033.
The value of these agreements, subject to financing and other typical terms and conditions, are considered very important.[1]
Additional information about Princess Cruises is available through a professional travel agent, by calling 1-800-PRINCESS (1-800-774-6237), or by visiting the company's website at www.princess.com.
About Princess Cruises:
Princess Cruises is The Love Boat, the world's most iconic cruise brand that delivers dream vacations to millions of guests every year in the most sought-after destinations on the largest ships that offer elite service personalization and simplicity customary of small, yacht-class ships. Well-appointed staterooms, world class dining, grand performances, award-winning casinos and entertainment, luxurious spas, imaginative experiences and boundless activities blend with exclusive Princess MedallionClass service to create meaningful connections and unforgettable moments in the most incredible settings in the world - the
[1] For Fincantieri, a "very important" cruise agreement is an agreement representing a value exceeding |
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SOURCE Princess Cruises