Italy: Fincantieri Receives Order for Super Luxury Cruise Ship

Fincantieri has received an order from Regent Seven Seas Cruises for the construction of a super luxury cruise ship.

The new ship will be called “Seven Seas Explorer”. She will be assigned to Sestri Ponente (Genoa) shipyard and her delivery is scheduled in summer 2016.

The contract is worth approximately USD 450 million. SACE (Italy’s export credit agency) has made a significant contribution to finalizing this deal thanks to its provision of export guarantees to the banking system, allowing Fincantieri to present the cruise line with a satisfactory package of technical, commercial and financial proposals.

With its 54,000 gross tonnes and 223 metres in length, “Seven Seas Explorer” will be the flagship of the fleet, with accommodation for 738 passengers in 369 spacious suites.

The new ship will be built using the very latest in environmental protection technologies. The interiors will be particularly sophisticated, with every attention paid to passenger comfort. The renowned studies of Tillberg Design AB, RTKL Associates and I-Crave will be in charge of interior design.

Commenting on the announcement, Fincantieri CEO Giuseppe Bono said: “I am extremely pleased with this new order, which is all the more important because it establishes our global leadership in this sector and strengthens our presence in the luxury segment with the addition of another prestigious brand to our client list, also thanks to the fundamental synergy created by the country through agencies designated to promote Fincantieri exports”.

Frank Del Rio, chairman and CEO of Prestige Cruise Holdings, commented: “This new ship order represents an exciting time of growth for our company as we build the next generation of cruise ships for the world’s most inclusive luxury cruise line,” said Frank Del Rio, Prestige Cruise Holdings Chairman and CEO. “Seven Seas Explorer will be the most luxurious cruise ship ever built boasting one of the highest space ratios and staff-to-guest ratios ever seen in the modern era of cruising enabling us to deliver the highly personalized service and extraordinary experience that is the hallmark of the Regent brand”.