Orderbook Update: Expanding Fleet and a Steady Surge Towards 200,000 New Berths

The global cruise industry orderbook has expanded to 78 vessels with a total capacity exceeding 206,600 berths, valued at approximately $80.0 billion. This update indicates a net increase of one ship compared to last month and an additional 6,600 berths. The overall value of the orderbook has risen by over $3 billion since February.

Recent orders include two Royal Caribbean Discovery-class ships and new builds for Norwegian, Regent, and Oceania brands. On average, the newly ordered ships can accommodate around 2,649 guests and weigh approximately 118,194 gross tons, with an average cost of $1.03 billion each.

MSC and Explora are leading with the largest orderbooks, having 14 ships for a total investment of $21.1 billion and 52,088 berths. Norwegian Cruise Line Holdings tops among corporate groups with 17 vessels crossing its three brands, valued at $21.0 billion, representing 46,569 berths. Royal Caribbean Group has 10 vessels ordered worth $10.5 billion, while Carnival Corporation’s seven ship order totals $10.7 billion.

The pipeline appears promising, with 15 ships and 27,860 berths scheduled for delivery in 2027, including vessels for several lines like Carnival Cruise Line and Disney Cruise Line. The orderbook extends into 2037, particularly with multiple future options held by Norwegian Cruise Line and Oceania Cruises, and the average per berth pricing across all ordered ships is about $387,329.

For more detailed insights, you can view the global cruise ship orderbook.


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