SINGAPORE, 12 October 2026 – Seatrium Limited has renewed its multi-year agreement with Carnival Corporation, extending a strategic relationship between the companies that dates back to 2010.
The Favoured Customer Contract, or FCC, covers cruise ship statutory inspections, maintenance, enhancements and upgrade work at Seatrium facilities across Carnival Corporation’s portfolio of eight cruise lines.
Those brands are AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, Princess Cruises, P&O Cruises and Seabourn.
Three ships scheduled for fourth quarter work
Under the renewed agreement, Seatrium is scheduled to undertake work on three Carnival Corporation ships in the fourth quarter of 2026.
Royal Princess and Carnival Luminosa are scheduled for projects in October, followed by Seabourn Encore in November. Further Carnival Corporation vessels are expected at Seatrium yards between 2027 and 2029.
Under the FCC arrangement, strategic partners receive certainty over repair slots at Seatrium facilities, while Seatrium gains greater visibility over future yard utilisation and opportunities to optimise capacity.
Seatrium currently has 22 FCC partners across maritime sectors including cruise operators, LNG carriers, offshore vessels, naval vessels and powerships.
Partnership dates back to 2010
Alvin Gan, Executive Vice President, Repairs and Upgrades at Seatrium, said: “Carnival Corporation has been a cornerstone of Seatrium’s cruise business journey, and our first strategic partner in the highly sophisticated cruise segment back in 2010. Over the past 15 years, we have collaborated closely to deliver a broad range of complex maintenance, upgrades, and retrofit projects, underpinned by execution certainty, quality craftsmanship and uncompromising safety standards. We are proud to support the company’s growth and ambitions, and we thank Carnival Corporation for its trust and collaboration over the years.”
Carnival cites technical expertise and execution
Vera Lannek, Vice President, Strategic Sourcing and Machinery Lifecycle Management at Carnival Corporation, said: “Seatrium has been a valued partner to Carnival Corporation, consistently demonstrating strong technical expertise, reliable execution, and a commitment to quality and safety. As we continue to maintain and enhance our global fleet, it is essential that we work with partners who understand the demanding requirements of the cruise sector and can navigate complexity efficiently, on schedule and to the highest standards. We look forward to continuing our partnership with Seatrium as we advance long-term operational excellence of our brands and vessels worldwide.”
Seatrium cruise repair track record
Seatrium said it has serviced more than 442 cruise vessels since 1978.
The Singapore-based company provides cruise vessel repair and upgrade services alongside its wider offshore, marine and energy engineering activities. Its cruise operations draw on engineering capabilities, specialist personnel and shipyard facilities to undertake maintenance, retrofit and upgrade projects.
Source: Official announcement by Seatrium Limited on 12 October 2026, Singapore.
