Fincantieri and TUI AG have signed a Memorandum of Agreement (MoA) for the design and construction of two new cruise ships for the Marella Cruises brand. The value of this agreement is over $2.1 billion, subject to financing and other typical terms and conditions. This marks a significant step for Marella Cruises, as they venture into newbuilding for the first time and have chosen Fincantieri as their strategic partner for this transformation. It also establishes a new customer relationship for Fincantieri, expanding its client base in the cruise sector.
The two ships will be specifically designed for the English market with a focus on environmental sustainability. They aim to redefine premium cruising through refined design, high-quality materials, and a variety of spacious accommodations. Fincantieri plans to deliver the vessels in calendar years 2030 and 2032. Pierroberto Folgiero, CEO and Managing Director of Fincantieri, expressed pride in welcoming Marella Cruises as a new customer and supporting their vision in entering the newbuild segment.
Fincantieri has a strong relationship with the brand TUI Cruises, a joint venture between TUI AG and Royal Caribbean Cruises. In February 2025, Fincantieri delivered the cruise ship Mein Schiff Relax, the first of two InTUItion class new concept cruise ships dual-fuel powered by LNG and Marine Gas Oil. The second unit, Mein Schiff Flow, is currently under construction at the Monfalcone shipyard, with delivery scheduled for 2026. This agreement showcases Fincantieri’s ability to forge strategic partnerships and ensure a high level of capacity saturation for their shipyards.
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