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TUI Cruises to expand with new ships

Staff writer |
TUI AG and Royal Caribbean Cruises are substantiating their expansions plans for their joint venture TUI Cruises. The Mein Schiff fleet shall grow from now three to six ships and then 14,000 beds by 2017.

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TUI Cruises is strengthening its already sound and dynamic position in the German cruise market. Both the boards of TUI AG and Royal Caribbean Cruises have decided to order the two newbuilds. The Mein Schiff 4 is currently being built and with the now decided new orders of Mein Schiff 5 and Mein Schiff 6 TUI AG and Royal Carib- bean Cruises are investing in touristic growth markets.

The parent companies of Hamburg-based TUI Cruises expect a sustained high demand in the cruise sec- tor and therefore, in good time, came to the decision to expand further.

At the presentation of the TUI AG half-year results Joussen had already called the prospects for the cruise segment as highly attractive and alluded to an expansion of the Mein Schiff fleet. This expansion is now being turned into action with the two vessels on order. Only recently, in June 2014, the Mein Schiff 3 as the first newbuild of the fleet was commissioned by TUI Cruises. Already prior to the launching ceremony on 12 June, the vessel had been nearly fully booked. The now decided two more ships are on order and expected for delivery as soon as 2016 and 2017.

The new cruise liners will be sister ships of the previous newbuilds Mein Schiff 3 and Mein Schiff 4: 295 metres long spanning 15 decks with 1,250 cabins. The majority of the well-being ship’s cabins, 90 percent, will be outside cabins with 82 percent having balconies. The 97,000 Gross Reg-istered Tons (GRT) new build will carry approximately 2,500 guests based on double occupancy.

Both new ships will be built at STX shipyard in Turku, Finland, the majority of which will be in hands of MEYER WERFT GmbH. This acquisition is subject to approval by the cartel authority and financing.

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