Carnival Cruise Lines Contracts For New Ship

Carnival Cruise Lines has signed a contract with Kvaerner Masa- Yards for construction of an additional 70,000 gross-registered-ton SuperLiner. The new vessel, to be named Fascination, will cost in excess of $315 million and will be a sister ship to the Sensation which is a l r e a d y under construction at Kvaerner Masa-Yards.

The Finnish yard previously delivered the 70,000-ton SuperLiners Fantasy and Ecstasy to Carnival. The Sensation is scheduled for delivery in late fall of 1993, with the Fascination expected in the early fall of 1994.

According to Kvaerner Masa- Yards' president and CEO Martin Saarikangas this order is of extreme importance to the yard in a time when few shipbuilding orders are being placed in the world. According to Carnival chairman and CEO Micky Arison, it was the delivery of the line's newest ship, the M/S Ecstasy, which began service in June, t h a t motivated the company to accelerate its plans for newbuildings. "The Ecstasy went far beyond our highest expectations which were based on the success of the Fantasy a year earlier. Not only has Ecstasy set and broken our passenger records several times, but passenger acceptance was so enthusiastic we were compelled to order the Fascination," Mr. Arison said. He added that the popularity of these two ships demonstrates that they are equally well-suited for either the three- and four-day or sevenday market.

Mr. Arison said that though no decisions have been made on the itineraries of either ship, the addition of the Fascination will present some interesting possibilities for fleet-wide ship deployment. Mr. Arison said the company was exploring a variety of options including the redeployment of a vessel or vessels outside the North American cruise market.

Carnival is one of the world's largest cruise lines based on number of passengers carried. Together with Holland America Line and Windstar Cruises, it currently operates 176 ships in Alaska, the Caribbean, South Pacific and the Orient. The company also operates Carnival's Crystal Palace Resort & Casino, a 1,550-room property in Nassau, Bahamas. Carnival also has contracted to construct three new ships for Holland America Line. The first of these, the Statendam, is scheduled for delivery in late 1992, with the second, the Maasdam, and third, the Ryndam, to be delivered in late 1993 and 1994, respectively.

shipbuilding CEO contract vessel company service fleet president construction market cruise order american chairman contracts passenger pacific times alaska caribbean carnival