In a significant move for the cruise industry, TUI Group has officially signed a Memorandum of Agreement (MoA) with the renowned Italian shipbuilder Fincantieri for the design and construction of two new cruise vessels specifically tailored for its Marella Cruises brand. This partnership marks a pivotal moment for Marella, which has so far relied on refurbished ships to serve its clientele.
Set to be delivered in 2030 and 2032, the new ships will be the first new builds for Marella Cruises, which caters primarily to the British market. TUI's decision to invest in these vessels comes with a hefty price tag, with the total order value exceeding €2 billion (over £1.6 billion). This substantial investment reflects TUI's commitment to enhancing its offerings in the competitive cruise sector.
Fincantieri, a leading player in shipbuilding, has emphasized that the new vessels will focus on environmental sustainability, elegant design, and high-quality materials. According to Pierroberto Folgiero, the CEO and General Manager of Fincantieri, "We are proud to welcome Marella Cruises as a new customer and to support its vision as it enters the newbuild segment." He further highlighted the importance of this agreement, stating, "This agreement is a testament to Fincantieri’s ability to forge strategic partnerships with an expanding client base, reinforcing our long-term visibility and ensuring a high level of capacity saturation for our shipyards."
The first ship is expected to be delivered in the financial year 2031, followed closely by the second ship in 2033. This timeline was confirmed following the approval of the project by TUI’s Supervisory Board on Sunday, March 30, 2025, and the subsequent confirmation of slot availability by Fincantieri on April 1, 2025.
Marella Cruises has expressed enthusiasm about the new ships, stating, "Following Sunday’s approval by TUI’s Supervisory Board and today’s confirmation of the slot availability by the shipbuilder Fincantieri S.p.A, the first ship delivery is expected in financial year 2031, with the second ship expected to follow in financial year 2033." This new direction signals a major shift as Marella moves from refurbishing older vessels to introducing brand new ships into its fleet.
The collaboration with Fincantieri is not only a strategic step for TUI but also reinforces its existing relationship with the shipbuilder, which has previously delivered vessels for TUI Cruises, a partnership between TUI and Royal Caribbean. In February 2025, Fincantieri delivered the "Mein Schiff Relax," a dual-fuel powered vessel, to TUI Cruises, with another ship, the "Mein Schiff Flow," scheduled for delivery in 2026.
As the cruise industry continues to rebound from the impacts of the COVID-19 pandemic, TUI's investment in new ships demonstrates a commitment to meeting the evolving expectations of modern cruise passengers. The focus on sustainability and high-quality design aligns with broader trends in the travel industry, where consumers are increasingly prioritizing eco-friendly options.
With the introduction of these new vessels, Marella Cruises aims to enhance its reputation as a premium cruise line, offering unique experiences tailored to the preferences of its clientele. The new ships will boast innovative features and amenities designed to provide an exceptional cruising experience.
As the delivery dates approach, the excitement surrounding Marella Cruises' new ships is palpable among industry insiders and potential travelers alike. This development is expected to attract a new wave of customers eager to explore the high seas in style and comfort.
In summary, TUI Group's partnership with Fincantieri marks a significant milestone for Marella Cruises, setting the stage for a new era in the cruise line's history. With a focus on sustainability, innovation, and luxury, these forthcoming vessels are poised to redefine the cruising experience for British travelers.
