baytraller Posted December 2, 2014 #1 Share Posted December 2, 2014 News in small cruise ships (less than 1000 passengers) continues to increase Seabourn is part of the Carnival Group and has announced an order for a second 604 passenger ship http://www.cruiseindustrynews.com/cruise-news/11923.html New small ship orders are 8 in total Viking 4 ships - 944 passengers Seabourn 2 ships - 604 passengers Regent 1 ship - 738 passengers Ponant 1 ship - 262 passengers It was not that long ago that the experts were saying small cruise ships were a thing of the past Link to comment Share on other sites More sharing options...
kiawahdon Posted December 2, 2014 #2 Share Posted December 2, 2014 Below is the "order book" as compiled by SeaTradeInsider. There are several things to note. First, the passenger space ratio (tonnage/berths). Next, and most important is the last figure, the cost of the ship per berth. The differences are dramatic and can quickly explain cruise fares/day. It is the same measure the hotel industry uses. RCCL's new mega ships are in the cost/ berth around $246k while Seabourn is at over $447K. Wonder why the cost/day is higher on Seabourn? The bean counters have to recover the "berth" cost over a predetermined time. There are a lot of trade-offs in the chart below including passenger space, passenger load and shear size of the ship. It gets down to : what floats YOUR boat. Order Book 2015 Cruise Line Ship Name Yard Gross Lower Berths Delivery Reported Price ($) Cost Berth ($) Compagnie du Ponant Le Lyrial Fincantieri 10,700 264 Spring $134m $507,575.76 P&O Cruises Britannia Fincantieri 141,000 3611 March $804m*** $222,653.00 Royal Caribbean Anthem of the Seas Meyer Werft 167,800 4180 March $1032m* $246,889.95 TUI Cruises Mein Schiff 4 Meyer Turku Yard 99,700 2500 April $515m** $206,000.00 Viking Cruises Viking Star Fincantieri 47,800 930 May $308m* $331,182.80 AIDA Cruises AIDAprima Mitsubishi HI 125,000 3250 September $650m*** $200,000.00 Norwegian Cruise Line Norwegian Escape Meyer Werft 164,600 4200 October $916m** $218,095.24 2016 Cruise Line Ship Name Yard Gross Lower Berths Delivery Reported Price ($) Cost Berth ($) Regent Seven Seas Cruises Seven Seas Explorer Fincantieri 54,000 738 Winter $450m $609,756.10 Viking Cruises Viking Sky Fincantieri 47,800 930 summer $308m* $331,182.80 Viking Cruises Viking Sea Fincantieri 47,800 930 Spring $308m* $331,182.80 TUI Cruises Mein Schiff 5 Meyer Turku Yard 99,700 2500 Winter $515m* $206,000.00 Holland America Line Koningsdam Fincantieri 99,500 2660 February $518m** $195,037.59 AIDA Cruises unnamed Mitsubishi HI 125,000 3250 March $650m*** $200,000.00 Carnival Cruise Lines Carnival Vista Fincantieri 133,500 4000 April $780m** $195,000.00 Royal Caribbean International Ovation of the Seas Meyer Werft 167,800 4180 May $1032m* $246,889.95 Royal Caribbean International Oasis 3 STX France 227,700 5400 June $1.3bn* $240,740.74 Seabourn unnamed Fincantieri 40,350 604 Autumn 270m* $447,019.87 Genting HK (Star Cruises) unnamed Meyer Werft 150,000 3364 October $960m $285,374.55 2017 Cruise Line Ship Name Yard Gross Lower Berths Delivery Reported Price ($) Cost Berth ($) MSC Cruises unnamed STX France 167,600 4500 January $1032m $229,333.33 Princess Cruises unnamed Fincantieri 143,000 3560 Winter $804m $225,842.70 TUI Cruises Mein Schiff 6 Meyer Turku Yard 99,700 2500 Winter $515m* $206,000.00 Norwegian Cruise Line Norwegian Bliss Meyer Werft 164,600 4200 Spring $845m ** $201,190.48 Genting HK (Star Cruises) unnamed Meyer Werft 150,000 3364 October $960m $285,374.55 MSC Cruises unnamed Fincantieri 154,000 4140 November $953m*** $230,331.88 2018 Cruise Line Ship Name Yard Gross Lower Berths Delivery Reported Price ($) Cost Berth ($) Royal Caribbean International Oasis 4 STX France 227,700 5400 Winter $1.4m* $259,259.26 Norwegian Cruise Line Breakaway-Plus Meyer Werft 164,600 4200 Spring $1087m** $258,809.52 MSC Cruises unnamed Fincantieri 154,000 4140 May $953m*** $230,331.88 2019 Cruise Line Ship Name Yard Gross Lower Berths Delivery Reported Price ($) Cost Berth ($) MSC Cruises unnamed STX France 167,600 4500 Spring $1032m $229,333.33 Norwegian Cruise Line Breakaway-Plus Meyer Werft 164,600 4200 Autumn $1087m** $258,809.52 Link to comment Share on other sites More sharing options...
baytraller Posted December 2, 2014 Author #3 Share Posted December 2, 2014 The sale price for the Ocean Princess was $82 Million plus $40 Million refurbishment $122 Million - number of passengers 684 - cost/berth about $178K The cost of running - R Class would be more expensive compared to newer ships Maybe as Oceania has 4 R Class ships this would reduce costs Then there is the passenger to crew ratio Link to comment Share on other sites More sharing options...
OctoberKat Posted December 2, 2014 #4 Share Posted December 2, 2014 Smaller ships, more of them, are fine by me! Link to comment Share on other sites More sharing options...
Mercruiser Posted December 2, 2014 #5 Share Posted December 2, 2014 Very interesting thread. Also interesting to note that RCI (and subsidiaries) only has megaships on order. Their order book does not show any interest in small ships. Sent using Tapatalk Link to comment Share on other sites More sharing options...
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