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Author Topic: What line will order new ships next?
Fairsky
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posted 08-22-2002 10:17 AM      Profile for Fairsky   Email Fairsky   Send New Private Message      Edit/Delete Post  Reply With Quote 
Everyone knows there has been a major slowdown in new ship orders for the past few years- due to the weaker economy and Sep 11. But that must change sometime.

What line do you think will be the next to order new ships. We have heard about NCL's plan for Project America- but will Star/NCL order NEW ships as well?

My guess: Celebrity. They have completed their 4 millinnium class ships, and I think the Zenith and Horizon will be sold or transfered within a few years. Look for Celebrity to make an order as soon as conditions improve.

I am eager to see someone design and order a NEW CLASS of ships. It seems like all we see are cruise lines ordering more copies of the same old designs (Voyager-class, Grand-class, Destiny-class, Spirit-class, Radiance-class...). I know it makes economic sense- but its not very exciting.


Posts: 1685 | From: Chicago, Illinois | Registered: Jul 99  |  IP: Logged
Commodore
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posted 08-22-2002 09:51 PM      Profile for Commodore     Send New Private Message      Edit/Delete Post  Reply With Quote 
You are right about classes, but most ships in the same class have different decor on the inside, but not much candy for the eye on the outside, especially with Carnival, they are a wonderful cruise line, but their ships seem to have little difference.The exception are the Holidays "fin".I think MSC placed on order that will be delivered in the near future.
Posts: 1106 | From: New Jersey | Registered: Sep 2000  |  IP: Logged
cruiseny
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posted 08-22-2002 10:37 PM      Profile for cruiseny     Send New Private Message      Edit/Delete Post  Reply With Quote 
I don't know if it's time for Celebrity to place a new order... They are looking to go back to their upscale roots... And part of being upscale is exclusivity.

They've gotten three ships over the last year and a half... Infinity, Summit, and Constellation... That should keep 'em going for a while.

But then again maybe you know something I don't?

As for Horizon and Zenith - I don't think it would be a good idea to sell these ships... They need smaller vessels for more exotic destinations. Look at Princess with the "new" Pacific and Tahitian. They needed smaller ships but theirs were getting too old... And I doubt that Horizon and Zenith will be showing signs of old age any time soon.

Who will order new ships? I don't know. Star is by far in the biggest need of new tonnage. The Project America vessel is only a small step towards fleet renewal and modernization. I'd say that Star is probably itching to put in orders for this ship:


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Tim in Fort Lauderdale
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posted 08-22-2002 11:55 PM      Profile for Tim in Fort Lauderdale     Send New Private Message      Edit/Delete Post  Reply With Quote 
CruiseNY is correct, Celebrity shant be ordering any new ships until they can absorb the new capacity they have and get the product right.

In six years, they've added 7 ships and grown from a company with 3700 beds to 16,000 beds. With this tremendous growth, they have not been able to sustain the quality of the product.

I would anitcipate that Celebrity may order one new ship in the next year or two to replace the now aeging Horizon & Zenith. They're begining to show a little age and have been quietly shopped on the market.

--Tim


Posts: 1468 | From: Fort Lauderdale, FL | Registered: Dec 1999  |  IP: Logged
cruiseny
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posted 08-23-2002 12:03 AM      Profile for cruiseny     Send New Private Message      Edit/Delete Post  Reply With Quote 
quote:
Originally posted by Commodore:
The exception are the Holidays "fin".

What fin?


Posts: 4730 | From: New York, USA | Registered: Mar 2002  |  IP: Logged
cruiseny
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posted 08-23-2002 12:09 AM      Profile for cruiseny     Send New Private Message      Edit/Delete Post  Reply With Quote 
quote:
Originally posted by Tim @ Cruisepage:
I would anitcipate that Celebrity may order one new ship in the next year or two to replace the now aeging Horizon & Zenith. They're begining to show a little age and have been quietly shopped on the market.

True that they aren't getting much attention. Exactly why beats me - the one and only downfall I can think of is lack of balconies...

Personally I think Celebrity would do well to put these ships on more exotic itineraries where they would be more competitive. For instance, Zenith is now being used in South America because Mercury was too big. If they got rid of Horizon and Zenith, what would they put in South America?

They might do well with one in the Pacific too. Celebrity did once cruise in the Pacific, it was a long cruise at the very end of Meridian's career...

One part of being upscale is having upscale itineraries... And some of those do require a smaller ship.

Also - from my non-techincal angle it looks like putting in a few balconies on these ships really wouldn't be a big deal... And if that were to happen, just what would be ageing about them?


Posts: 4730 | From: New York, USA | Registered: Mar 2002  |  IP: Logged
eroller
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posted 08-23-2002 12:41 AM      Profile for eroller     Send New Private Message      Edit/Delete Post  Reply With Quote 
quote:
Originally posted by Cruiseny:

What fin?



HOLIDAY has a fin, or more appropriately, a pontoon around her stern. This is for stability, and is lacking on her near sisters CELEBRATION and JUBILEE.

Ernie Roller,
Atlanta


Posts: 7046 | From: Miami, Florida USA | Registered: Oct 2000  |  IP: Logged
cruiseny
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posted 08-23-2002 12:47 AM      Profile for cruiseny     Send New Private Message      Edit/Delete Post  Reply With Quote 
quote:
Originally posted by eroller:
HOLIDAY has a fin, or more appropriately, a pontoon around her stern. This is for stability, and is lacking on her near sisters CELEBRATION and JUBILEE.

Oh. Now going to look at photos...

I think the latter two are different from Holiday in other ways as well? Notably the latter were built at Kockums in Sweden and Holiday from... Umm.. Someplace else - it's almost 1AM, mind isn't that clear ...


Posts: 4730 | From: New York, USA | Registered: Mar 2002  |  IP: Logged
rd77
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posted 08-23-2002 08:36 AM      Profile for rd77   Email rd77   Send New Private Message      Edit/Delete Post  Reply With Quote 
Holiday (and Tropicale) were built by Aalborg Vaerft of Aalborg, Denmark. Aalborg later went bust and then continued for a couple of years as Danyard, but I think it's gone now...
Posts: 1037 | From: The Hague, Netherlands | Registered: Jun 2001  |  IP: Logged
Fairsky
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posted 08-23-2002 08:57 AM      Profile for Fairsky   Email Fairsky   Send New Private Message      Edit/Delete Post  Reply With Quote 
I agree with Cruiseny that Star is also very likely to place an order soon. Stories are being leaked from Kvaerner Masa yards that they are looking to build for Star- and Star has confirmed they want to expand their China opperation. Ordering new ships for NCL would allow them to transfer older NCL ships to the emerging market in China.

Concerning Celebrity. The lack of balconies on Zenith and Horizon is a problem- given that other small ships in the upscale market now have them (Prinsendam, Pacific & Tahitian Princess, Royal Princess, Seabourn, Radisson...). However, Celebrity might be wise to keep at least one small ship for the Bermuda route.

With no ships on order, while other premium lines add tonnage (HAL, Princess, Cunard)- Celebrity may dig themselves a hole by loosing market share.

Personally, I think they are holding off adding to Celebrity until the outcome of the merger talks with Princess are known. If Princess does merge with Royal Caribbean- Celebrity will have to move more upscale to make room for Princess in the premium slot.


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Tim in Fort Lauderdale
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posted 08-23-2002 09:35 AM      Profile for Tim in Fort Lauderdale     Send New Private Message      Edit/Delete Post  Reply With Quote 
Star has confirmed that they are in talks with Meyer Werft, Mitsuibishi Heavy Industries and a few other yards over possible newbuilds.

Until Celebrity can establish some brand recognition, chart a clear path and decide exactly what their product is, I dont think you'll see any "growth" in the fleet.

--Tim


Posts: 1468 | From: Fort Lauderdale, FL | Registered: Dec 1999  |  IP: Logged
Fairsky
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posted 08-23-2002 09:46 AM      Profile for Fairsky   Email Fairsky   Send New Private Message      Edit/Delete Post  Reply With Quote 
quote:
Originally posted by Tim @ Cruisepage:
Star has confirmed that they are in talks with Meyer Werft, Mitsuibishi Heavy Industries and a few other yards over possible newbuilds.

--Tim


When Star does place an order don't expect it to be for the Sagittarius-class ship pictured above. That ship was designed as a post-panamax ship for Star Cruises to be built at Meyer Werft. Options for the ships were made when Star ordered the Scorpio-class (now Norwegian Star/Dawn). The options were never exercised because of the slow down in the economy, and Star's purchase of NCL.

Star determined that NCL needed new ships with flexibility in deployment- getting through the canal was a must. Therefore, plans for the 100,000+ ton ship were shelved. My guess is that more Star/Dawn ships will be ordered, or ships of a similar size and design.

Older NCL ships, like Norwegian Sea, Dream, and Wind may eventually be moved to Asia. And the Norway may finally be retired. If Star makes the bold move of ordering the 100,000+ ton ship for NCL do you think they will name it Norway?


Posts: 1685 | From: Chicago, Illinois | Registered: Jul 99  |  IP: Logged
cruiseny
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posted 08-23-2002 10:40 AM      Profile for cruiseny     Send New Private Message      Edit/Delete Post  Reply With Quote 
Interesting... I thought I read someplace that Sagittarius was going to be the first 100,000+ ton ship that could go through the Canal... But who knows where I heard that, or if I even did - perpahs I'm imagining it altogether...

As for names - I don't think "Norway" would be a good choice to be used again, unless Star commited to a QM2-like project. Plastering Norway on the side of a new McMegaliner wouldn't do much good.

I agree that some of the NCL vessels could be very good candidates to move to Asia. Pretty soon they'll have four modern megaliners - a huge improvement. Of the remaining five ships, Norway is the only one that really will have to go soon... The others would be very suitable for Asian redeployment if so desired.

Of the four - which do you think would be worth keeping for the US market? I'd say Sea is the best of them... I just can't learn to love Majesty, sorry. All four are really OK, nothing special, but certainly pretty decent tonnage.

It should allow them to really look into getting rid of some of their Asian tonnage... SuperStar Capricorn might be a good candidate for going... And SuperStar Aries is very out of place. That lovely vessel should have better. I was very happy when I saw her going to Orient - I've always wished that ship was on the US market, and it doesn't seem she will be... When, oh when, Star?

SuperStar Leo and Virgo are of course very good, the centerpiece of the Asian fleet. I happen to like Gemini very much, she really was a Jewel of a ship (sorry, couldn't resist it...) and I think she is serving the Asian market very well.

It does look as though Star is certainly working very hard to improve their status... If Princess goes one way or the other, with Carnival or RCCL, then they will be the world's third cruise line... They will have to work to make sure that they don't come off as a third-world cruise line (sorry again, I know they aren't a third-world cruise line, but I could resist that one either...)!


Posts: 4730 | From: New York, USA | Registered: Mar 2002  |  IP: Logged
Commodore
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posted 08-23-2002 11:25 AM      Profile for Commodore     Send New Private Message      Edit/Delete Post  Reply With Quote 
I agree that Star and Ncl may be ordering ships soon but I don't think many, because they Do have a fairly large fleet already.With the Norway being the best and most popular ship in the fleet, that ships place in the fleet seems to REMAIN secure, unless fuel prices cost problems, so I am assuming the next ship to go may be the Majesty, which has tiny cabins.Then maybe the Sea, which also has small cabins, too.Some of the Sea's furnishings are a little on the cheap side.But that is not to say that they are both not nice ships.But I think if NCL is ordering more than the 2 project America vessels, NCl may be looking to some of them to replace existing ships.Then again Majesty is one of they few NCL ships small enough to be allowed to go to Bermuda.The thought of the Sea leaving the fleet almost makes me imagine the Norway on the NY to Bahamas route, if she doesn't have problems with NY again... Well, I think I ventured too far from the topic.

Commodore


Posts: 1106 | From: New Jersey | Registered: Sep 2000  |  IP: Logged
cruiseny
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posted 08-23-2002 12:06 PM      Profile for cruiseny     Send New Private Message      Edit/Delete Post  Reply With Quote 
I don't think Norway is in a secure position at all... She will have to go within the next few years. The cost of running a ship like that is astronomical. And as for popularity - I don't think they'd be selling cabins at $349 for 7 days if they weren't having trouble filling up that ship. Her cabins are going for lower prices than the newer ships, and operating costs are much higher.

Quite frankly, I don't even understand exactly why they're keeping Norway around at all... I like the old girl very much, but I agree with whoever called her an ageing rock star who has had a few to many "farewell concerts" - I'd rather have seen her go than be cheapened like this... But that's just me.

They do need new ships, to keep up with the rest of the market.

If they get more new megaships, it is of course possible that at least some of the four smaller ships would go to Asia...

Better go now... I think I'm starting to repeat myself ...


Posts: 4730 | From: New York, USA | Registered: Mar 2002  |  IP: Logged
ocngypz
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posted 08-23-2002 09:55 PM      Profile for ocngypz   Email ocngypz   Send New Private Message      Edit/Delete Post  Reply With Quote 
Talk about cabins on The Norway for $349,... what about cabins on Celebrity ships for $400-500!!!!!

I'm with Tim on this. No new builds for Celebrity.

Celebrity needs to fast track whatever changes they are planning. You can't keep digging into the corporate wallet while piddling and twiddling...resolving... and then not solving their biggest problem.... and that is

PRODUCT DELIVERY

Until such time they deliver a consistent "premium" product which will garner per diems they seek.......they'll remain in their downward spiral.

Exotics for Celebrity aren't working. Zenith is faring dismally in bookings for the SA runs through the end of the year.

New orders??? Above and beyond what is already slated: Carnival

[ 08-23-2002: Message edited by: ocngypz ]


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Christophe D
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posted 08-24-2002 03:29 AM      Profile for Christophe D   Author's Homepage   Email Christophe D   Send New Private Message      Edit/Delete Post  Reply With Quote 
I have heard, they are some months, that Disney would be built two more cruises ships. MSC will order one or two cruise ship after MSC Lirica and MSC Opera. The winter 2002/2003 brochure of Festival said that the company will receive two new ship in 2004 and 2005 but Festival have no firm order !!!!
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Eric Cruises
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posted 08-24-2002 06:10 AM      Profile for Eric Cruises   Author's Homepage   Email Eric Cruises   Send New Private Message      Edit/Delete Post  Reply With Quote 
As the Chairman of Star Cruises announced the half year earning report in Hong Kong. Star Cruises earning raise over 36 double as 2001.

So Star Cruises is ready to spend US$100million to build four news ships and the first one expect launch in 2005. As some major cruise line haven't any new ship planning. Star Cruises is now let those shipyards to bit the project (include Asian ship builder). The building cost can reduce around 20-25%.

The Chairman said four ship at least the two are over 100,000grt and will service north-america region. Another two will service China markets.


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Tim in Fort Lauderdale
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posted 08-24-2002 08:51 AM      Profile for Tim in Fort Lauderdale     Send New Private Message      Edit/Delete Post  Reply With Quote 
Christophe---I've been told that the anticipated MSC newbuildings will be the two 90,000 GRT/2000 pax modified Millennium Class newbuilds that Festival never took the option for

Eric--The biggest problem Star faces right now is the financing for the 4 newbuilds. 2 of them are the "Project America" ships they already have and the other two would be for the Chinese market, so I doubt we'll see the any 100,000 tonners built for the US market right now. Star's talking with Meyer Werft, Mitsubishi and Samsung (Korea).

Star's Debt to Equity ratio is 112%, so they'll need to raise an additional $400 million in equity before anyone will commit to financing. That means the Lim family will have to increase their holdings by that amount or issue share capital to cover the $400 million and see their holdings diluted.

Commodore--I dont see NCL disposing of Sea or Majesty any time soon as these ships now hold rather lucratve Bermuda contracts. The only reason they havent disposed of Norway is no one wants to buy her and they are hesitant to just lay her up or scrap her and have nothing to offset the losses on the balance sheet. They've gotten themselves into a sticky situation by valuing her at $100 Million + so they'd be forced to take a $100 Million charge against earnings by disposing of her.

Babette--Quite right about the Zenith's dismal performance in South America. I've seen per diems as low as $69 for deluxe oceanview cabins.

CruiseNY--Meridian never made those long South America and South Pacific cruises as she was sold off before they took place.

It's funny that in 1996, Celebrity was poised to become a "global" operation with more longer and exotic cruises and once they were taken over by RCI, they seemed to revert to a mostly cheap caribbean product.

--Tim


Posts: 1468 | From: Fort Lauderdale, FL | Registered: Dec 1999  |  IP: Logged
cruiseny
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posted 08-24-2002 09:48 AM      Profile for cruiseny     Send New Private Message      Edit/Delete Post  Reply With Quote 
quote:
Originally posted by Tim @ Cruisepage:
CruiseNY--Meridian never made those long South America and South Pacific cruises as she was sold off before they took place.

It's funny that in 1996, Celebrity was poised to become a "global" operation with more longer and exotic cruises and once they were taken over by RCI, they seemed to revert to a mostly cheap caribbean product.


Interesting... I guess my brochure is now a bit of a collector's item ...


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Fairsky
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posted 08-24-2002 01:22 PM      Profile for Fairsky   Email Fairsky   Send New Private Message      Edit/Delete Post  Reply With Quote 
With so many shipyards with empty orderbooks after 2004 I imagine the first company to shop around will get a good deal. The yards must be fighting pretty hard for those contracts.

Question- is a 100,000ton panamax ship possible? I imgaine the ship would have to be so tall and narrow it would be unstable.

Whatever NCL decides to do with its fleet a few things are clear:
1. NCL is moving forward with the 'freestyle' concept, and ships that cannot be modified will need to be scrapped/transfered/sold.
2. NCL is putting ships into the market with larger numbers of balconies- again, ships without them won't last long.
3. NCL only has 6 ships that we can expect to see around for a long time (Sky, Sun, Star, Dawn, Project America 1, Project America 2).


Posts: 1685 | From: Chicago, Illinois | Registered: Jul 99  |  IP: Logged
Barryboat
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posted 08-24-2002 01:32 PM      Profile for Barryboat   Author's Homepage   Email Barryboat   Send New Private Message      Edit/Delete Post  Reply With Quote 
I think there will be more consolidating rather than newbuilds for a while..
Posts: 1851 | From: Bloomington, Minnesota (Home to the Mall of America) | Registered: Mar 99  |  IP: Logged
cruiseny
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posted 08-24-2002 02:16 PM      Profile for cruiseny     Send New Private Message      Edit/Delete Post  Reply With Quote 
quote:
Originally posted by skyej:
Question- is a 100,000ton panamax ship possible? I imgaine the ship would have to be so tall and narrow it would be unstable.

A question: what is the maximum legnth for Panama? In the 1990s I imagined that Sun Princess and Grandeur of the Seas were the biggest Panamax ships that could be built... But now we have the Radiance class, the Mille-class, the 9000 and 9001 series from Carnival Corp...

Radiance and Mille get up to 90,000 tons...


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Britanis
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posted 08-24-2002 03:15 PM      Profile for Britanis   Email Britanis   Send New Private Message      Edit/Delete Post  Reply With Quote 
I'm with ocngypz on this one. Mickey Arison isn't one to sit and stare while his competitors introdunce larger and more innovative tonnage for the mass-market. Carnival has yet to come up with anything to compete with RCI's Voyager class, so they must be planning something. Also, while not "old" in terms of years, the Holiday class is definitely not up to contemporary standards. I would not be suprised if those 3 ships were sold or transferred to... Costa perhaps? Bottom line, only time will tell, but right now, my money's on Carnival.
Posts: 944 | From: Philadelphia, USA- former home of International Merchantile and Marine Co. | Registered: Mar 2002  |  IP: Logged
Fairsky
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posted 08-24-2002 03:16 PM      Profile for Fairsky   Email Fairsky   Send New Private Message      Edit/Delete Post  Reply With Quote 
quote:
Originally posted by Cruiseny:

A question: what is the maximum legnth for Panama? In the 1990s I imagined that Sun Princess and Grandeur of the Seas were the biggest Panamax ships that could be built... But now we have the Radiance class, the Mille-class, the 9000 and 9001 series from Carnival Corp...

Radiance and Mille get up to 90,000 tons...



The latest batch of Panamax ships (Radiance, Millie, and Spirit) have pushed the previous limits of tonnage through a new superstructure design. If you look at all of these ships their upper decks (the supersturcture loaded with balconies) are very narrow. Much more narrow than the hull. By making the decks narrow, and building higher they have increased the tonnage, number of balconies, and passanger capasity- WITHOUT making the hull larger- it can still fit in the canal locks.

However, adding another 10,000 tons to these designs (thereby going over 100,000tons) would probably require another deck. Adding even more height to the ship may be pushing its ability to remain stable. New ships already construct many upper decks with aluminium to save weight from the top- I'm not sure going over 100,000 tons with another deck is possible.


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Description: For centuries people have traveled to Europe to see magnificent ruins, art treasures and natural wonders. And the best way to do so is by cruise ship. Think of it - you pack and unpack only once. No wasted time searching for hotels and negotiating train stations. Instead, you arrive at romantic ports of call relaxed, refreshed and ready to take on the world.
Holland America - Alaska from From $499 per person
Description: Sail between Vancouver and Seward, departing Sundays on the ms Statendam or ms Volendam and enjoy towering mountains, actively calving glaciers and pristine wildlife habitat. Glacier Bay and College Fjord offer two completely different glacier-viewing experiences.

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