Miami, USA – 16 February 2026 – Norwegian Cruise Line Holdings Ltd. (NCLH) has announced a significant new shipbuilding agreement with Italian shipbuilder Fincantieri, confirming the construction of three new vessels—one for each of its brands: Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The agreement marks a major step in the company’s long‑term fleet development strategy and secures shipyard capacity through to 2037.
The three vessels will be built at Fincantieri’s shipyards in Italy, with deliveries scheduled between 2036 and 2037. Each ship will serve as a sister vessel to the most recent newbuilds announced for its respective brand. For Norwegian Cruise Line, the new ship will join its forthcoming “New Class” series; Oceania Cruises will receive a sister ship to the Oceania Sonata; and Regent Seven Seas Cruises will welcome a sister ship to the Seven Seas Prestige.
John W. Chidsey, President and Chief Executive Officer of Norwegian Cruise Line Holdings, emphasised the strategic importance of the agreement, stating:
“Together with Fincantieri, a trusted partner for decades, we continue to advance a disciplined approach to fleet growth that builds on the strength of our brands, defines the future of cruising and elevates the guest experience for years to come. This agreement secures access to valuable shipyard capacity through the end of 2037, supporting our long‑term growth while maintaining financial discipline and driving sustainable shareholder value.”
The new order expands NCLH’s already substantial newbuild pipeline. Following this agreement, the company now has 17 ships on order across its three brands, with Norwegian Cruise Line scheduled to receive eight newbuilds through 2037, Oceania Cruises five through 2037, and Regent Seven Seas Cruises four through 2036. This pipeline supports an expected compound annual growth rate of 4% from 2026 to 2037.
The agreement is structured to minimise near‑term financial impact. According to the company, pre‑delivery payments are immaterial until the vessels are handed over, and NCLH expects to utilise Export Credit Agency financing to fund the majority of the construction costs upon delivery. This approach allows the company to continue strengthening its balance sheet while maintaining a measured, long‑term expansion strategy.
Fincantieri also highlighted the significance of the order, noting that the ships will incorporate advanced technologies, enhanced environmental performance and next‑generation design features. The shipbuilder described the agreement as a reinforcement of its long‑standing partnership with NCLH and a key milestone in its 2026–2030 industrial plan.
