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How much does it cost to have a cruise ship built?
How Much Does It – How Much Does It Cost to Build a Cruise Ship? The construction of a new cruise ship will typically begin at a cost of around $550 million. The cost of the most costly cruise ships is greater than one billion dollars. Cruise ships that can accommodate 2,000 to 3,000 passengers often cost close to one billion dollars each.
The price of a cruise vacation is determined by a number of different aspects, such as the ship’s size, its facilities, and its ambiance. When building a new cruise ship, mainstream cruise companies like Royal Caribbean, Carnival, Princess Cruises, MSC Cruises, and Norwegian Cruise Line frequently spend more than $800 million.
The Oasis class of ships owned by Royal Caribbean International ranges in price from $1.2 million to $1.4 million each individual ship in the fleet. (This picture was provided by Carnival Cruise Line.) The Carnival Celebration was first introduced in 2022 and set the company back one billion dollars.
- The Norwegian Prima made its premiere in the same year at a cost of around 850 million dollars.
- One such method of analyzing cost is to contrast the whole expenditure with the total number of beds (berths).
- This is the way that cruise lines prefer to use when comparing the overall cost to the number of passengers.
For instance, the Oasis of the Seas had a construction cost of around $250,000 per berth. And the cost per berth for Carnival’s Mardi Gras was almost $189,000. Luxury cruise lines often operate significantly smaller ships compared to other cruise lines.
They may also be constructed for a lower price than a megaship. A deluxe cruise ship, on the other hand, will have a greater cost-to-berth ratio. This is due to the fact that high-end services and furnishings are standard on luxury cruise ships. These aspects contribute to a relative cost that is greater than that of conventional cruise lines.
(Silversea Cruises is responsible for the image.) The construction of the luxury cruise ship Silver Dawn, operated by Silversea, set the company back $380 million. The ship had a capacity for 576 passengers, and the cost each berth was roughly $660,000.
How much does it cost to build a Carnival cruise ship?
How much does it cost to sail on a cruise ship? Listed in alphabetical order according to the name of the cruise line that owns and operates the vessel, the cruise ships that range in size from huge to biggest throughout the world each have a price tag in the millions of US dollars.
Passenger Ships by Line | Year Built | Volume (GT tons) | Capacity (passengers) | Cost to Build (millions USD) | Building Cost per Berth (USD) |
---|---|---|---|---|---|
AIDA Cruises | – | – | – | – | – |
AIDAaura | 2003 | 42,300 | 1266 | $350 | $207,000 |
AIDAbella | 2008 | 69,200 | 2050 | $390 | $146,000 |
AIDAblu | 2010 | 71,100 | 2194 | $420 | $149,000 |
AIDAcara | 1996 | 38,560 | 1180 | $300 | $218,000 |
AIDAcosma | 2021 | 183,900 | 5200 | $950 | $183,000 |
AIDAdiva | 2007 | 69,200 | 2050 | $390 | $146,000 |
AIDAluna | 2009 | 69,200 | 2050 | $390 | $146,000 |
AIDAmar | 2012 | 71,100 | 2194 | $420 | $149,000 |
AIDAnova | 2018 | 183,900 | 5200 | $950 | $183,000 |
AIDAperla | 2017 | 124,500 | 3400 | $645 | $190,000 |
AIDAprima | 2015 | 124,500 | 3400 | $645 | $190,000 |
AIDAsol | 2011 | 71,100 | 2194 | $420 | $149,000 |
AIDAstella | 2013 | 71,100 | 2194 | $420 | $149,000 |
AIDAvita | 2002 | 42,300 | 1266 | $350 | $207,000 |
AZAMARA Cruises | – | – | – | – | – |
Azamara Quest | 2000 | 30,280 | 710 | $150 | $196,000 |
Azamara Journey | 2000 | 30,280 | 710 | $150 | $196,000 |
Azamara Onward | 2002 | 30,300 | 710 | $150 | $196,000 |
Azamara Pursuit | 2001 | 30,280 | 710 | $150 | $200,000 |
CCL-CARNIVAL Cruise Line | – | – | – | – | – |
Carnival Breeze | 2012 | 130,000 | 3690 | $740 | $158,000 |
Carnival Celebration | 2022 | 183,900 | 5374 | $950 | $177,000 |
Carnival Conquest | 2002 | 110,000 | 2974 | $500 | $132,000 |
Carnival Sunshine-Destiny | 1996/2013 | 101,350 | 2642 | $400 / $155 refit (2013) | $125,000 |
Carnival Dream | 2009 | 130,000 | 3646 | $740 | $160,000 |
Carnival Ecstasy | 1991 | 70,400 | 2056 | $275 | $104,000 |
Carnival Elation | 1998 | 70,400 | 2052 | $300 | $114,000 |
Carnival Fantasy | 1990 | 70,400 | 2056 | $225 | $85,000 |
Carnival Fascination | 1994 | 70,400 | 2052 | $315 | $120,000 |
Carnival Freedom | 2007 | 110,000 | 2974 | $500 | $138,000 |
Carnival Glory | 2003 | 110,000 | 2974 | $500 | $138,000 |
Carnival Horizon | 2018 | 133,500 | 4700 | $800 | $170,000 |
Carnival Imagination | 1995 | 70,400 | 2052 | $330 | $125,000 |
Carnival Inspiration | 1996 | 70,400 | 2052 | $270 | $103,000 |
Carnival Legend | 2002 | 88,500 | 2124 | $375 | $140,000 |
Carnival Liberty | 2005 | 110,000 | 2974 | $500 | $138,000 |
Carnival Magic | 2011 | 130,000 | 3690 | $740 | $158,000 |
Carnival Mardi Gras | 2020 | 180,800 | 5282 | $950 | $180,000 |
Carnival Miracle | 2004 | 88,500 | 2124 | $375 | $140,000 |
Carnival Panorama | 2019 | 133,500 | 4700 | $780 | $166,000 |
Carnival Paradise | 1998 | 70,400 | 2052 | $300 | $114,000 |
Carnival Pride | 2002 | 88,500 | 2124 | $375 | $140,000 |
Carnival Sensation | 1993 | 70,400 | 2052 | $300 | $114,000 |
Carnival Spirit | 2001 | 85,900 | 2124 | $375 | $140,000 |
Carnival Splendor | 2008 | 113,300 | 3006 | $700 | $137,000 |
Carnival Sunrise-Triumph | 1999 | 101,500 | 2758 | $420 / $200 refit (2019) | $126,000 |
Carnival Valor | 2004 | 110,000 | 2974 | $500 | $138,000 |
Carnival Radiance-Victory | 2000 | 101,500 | 2758 | $410 / $200 refit (2021) | $123,000 |
Carnival Vista | 2016 | 133,500 | 4716 | $800 | $170,000 |
Grand Celebration | 1987 | 47,260 | 1486 | $130 | $68,000 |
Grand Holiday | 1985 | 46,050 | 1452 | $170 | $65,000 |
Grand Mistral | 1999 | 48,200 | 1248 | $245 | $153,000 |
CELEBRITY Cruises | – | – | – | – | – |
Celebrity Apex | 2021 | 129,500 | 3260 | $900 | $276,000 |
Celebrity Beyond | 2022 | 129,500 | 3276 | $900 | $275,000 |
Celebrity Constellation | 2002 | 91,000 | 2034 | $350 | $137,000 |
Celebrity Eclipse | 2010 | 122,000 | 2850 | $640 | $203,000 |
Celebrity Edge | 2018 | 129,500 | 3370 | $900 | $267,000 |
Celebrity Equinox | 2009 | 122,000 | 2850 | $640 | $203,000 |
Celebrity Flora | 2019 | 5,740 | 120 | $75 | $625,000 (expensive) |
Celebrity Infinity | 2001 | 91,000 | 2046 | $350 | $137,000 |
Celebrity Millennium | 2000 | 90,240 | 2034 | $350 | $138,000 |
Celebrity Reflection | 2012 | 122,400 | 3030 | $640 | $196,000 |
Celebrity Silhouette | 2011 | 122,400 | 2886 | $640 | $203,000 |
Celebrity Solstice | 2008 | 122,000 | 2850 | $640 | $203,000 |
Celebrity Summit | 2001 | 90,300 | 2034 | $350 | $137,000 |
COSTA Cruises | – | – | – | – | – |
Costa Atlantica | 2000 | 85,600 | 2114 | $335 | $125,000 |
Costa neoClassica | 1992 | 53,000 | 1308 | $290 | $173,000 |
Costa Concordia ( sank 2012) | 2006 | 114,140 | 3000 | $565 | $149,000 |
Costa Deliziosa | 2010 | 92,700 | 2260 | $550 | $195,000 |
Costa Diadema | 2014 | 132,500 | 4520 | $735 | $163,000 |
Costa Fascinosa | 2012 | 114,500 | 3000 | $565 | $149,000 |
Costa Favolosa | 2011 | 114,500 | 3016 | $565 | $149,000 |
Costa Firenze | 2021 | 135,225 | 4232 | $780 | $184,000 |
Costa Fortuna | 2003 | 101,350 | 2702 | $380 | $110,000 |
Costa Luminosa | 2009 | 92,700 | 2260 | $550 | $195,000 |
Costa Magica | 2004 | 102,600 | 2702 | $420 | $120,000 |
Costa Mediterranea | 2003 | 85,600 | 2114 | $335 | $125,000 |
Costa neoRiviera | 1999 | 48,200 | 1500 | $240 | $160,000 |
Costa neoRomantica | 1993 | 53,000 | 1576 | $325 | $168,000 |
Costa Pacifica | 2009 | 114,500 | 3008 | $565 | $149,000 |
Costa Serena | 2007 | 114,150 | 3000 | $565 | $149,000 |
Costa Smeralda | 2019 | 183,900 | 6520 | $950 | $146,000 |
Costa Toscana | 2021 | 183900 | 5322 | $950 | $179,000 |
Costa Venezia | 2019 | 135,500 | 5260 | $780 | $148,000 |
Costa Victoria | 1996 | 76,000 | 1928 | $390 | $163,000 |
(GHK) CRYSTAL Cruises | – | – | – | – | – |
Crystal Endeavor | 2018 | 25,000 | 200 | $960 | $4.800,000 |
Crystal Serenity | 2003 | 68,870 | 1096 | $350 | $276,000 |
Crystal Symphony | 1995 | 31,050 | 952 | $250 | $246,000 |
Asuka II (Crystal Harmony) | 1991 | 50,140 | 872 | $240 | $259,000 |
CUNARD | – | – | – | – | – |
ms Queen Elizabeth | 2010 | 92,000 | 2092 | $634 | $276,000 |
RMS Queen Mary 2 | 2004 | 151,400 | 2592 | $800 | $302,000 |
ms Queen Victoria | 2007 | 90,000 | 1980 | $522 | $243,000 |
DISNEY Cruises | – | – | – | – | – |
Disney Dream | 2011 | 128,000 | 2500 | $900 | $225,000 |
Disney Fantasy | 2012 | 128,000 | 2500 | $940 | $235,000 |
Disney Magic | 1998 | 83,000 | 1754 | $350 | $146,000 |
Disney Wish | 2022 | 144000 | 2500 | $ | $ |
Disney Wonder | 1999 | 85,000 | 1,754 | $350 | $146,000 |
FRED OLSEN | – | – | – | – | – |
MS Bolette (MS Amsterdam) | 2000 | 62,735 | 1380 | $400 | $241,000 |
MS Borealis (MS Rotterdam) | 1997 | 61,850 | 1404 | $250 | $145,000 |
ms Balmoral | 1988 | 43,540 | 1,230 | $180 | $243,900 |
ms Black Watch | 1972 | 28,620 | 820 | $50 | $119,000 |
ms Boudicca | 1972 | 28,400 | 900 | $23 | $51,100 |
ms Braemar | 1993 | 24,350 | 930 | $86 | $177,700 |
Hapag-Lloyd Cruises | – | – | – | – | – |
ms Europa | 1999 | 28890 | 408 | $157 | $385,000 |
Europa 2 | 2013 | 42830 | 516 | $360 | $698,000 |
Hanseatic Nature | 2019 | 15540 | 199 | $155 | $779,000 (world’s most expensive) |
Hanseatic Inspiration | 2019 | 15540 | 199 | $155 | $779,000 |
Hanseatic Spirit | 2021 | 15540 | 199 | $155 | $779,000 |
HAL-HOLLAND AMERICA Line | – | – | – | – | – |
ms Eurodam | 2008 | 86,300 | 2104 | $450 | $175,000 |
ms Koningsdam | 2016 | 99,500 | 2650 | $550 | $208,000 |
ms Maasdam | 1993 | 55,600 | 1258 | $215 | $140,000 |
ms Nieuw Amsterdam | 2010 | 86,700 | 2106 | $450 | $175,000 |
ms Nieuw Statendam | 2018 | 99,500 | 3194 | $520 | $163,000 |
ms Noordam | 2006 | 82,300 | 1918 | $400 | $170,000 |
ms Oosterdam | 2003 | 82,300 | 1916 | $400 | $170,000 |
ms Prinsendam | 2002 | 38,000 | 835 | $125 | $137,000 |
ms Nieuw Rotterdam | 2021 | 99,800 | 2668 | $520 | $195,000 |
ms Veendam | 1996 | 57,100 | 1350 | $215 | $132,000 |
ms Volendam | 1999 | 61,200 | 1432 | $300 | $172,000 |
ms Westerdam | 2004 | 82,300 | 1916 | $400 | $170,000 |
ms Zaandam | 2000 | 61,400 | 1432 | $300 | $172,000 |
ms Zuiderdam | 2002 | 82,300 | 1916 | $400 | $170,000 |
MSC Cruises | – | – | – | – | – |
MSC Armonia | 2001 | 58,180 | 1554 | $245 | $117,000 |
MSC Bellissima | 2019 | 171,600 | 5700 | $950 | $167,000 |
MSC Divina | 2012 | 139,000 | 3502 | $550 | $126,000 |
MSC Euribia | 2023 | 181541 | 4828 | $850 | $176,000 |
MSC Europa | 2022 | 205700 | 5264 | $1,255 billion | $238,000 |
MSC Fantasia | 2008 | 137,940 | 3274 | $550 | $139,000 |
MSC Grandiosa | 2019 | 181541 | 4888 | $850 | $174,000 |
MSC Lirica | 2003 | 58,830 | 1560 | $266 | $129,000 |
MSC Magnifica | 2010 | 93,330 | 2518 | $550 | $149,000 |
MSC Meraviglia | 2017 | 171,600 | 5700 | $950 | $167,000 |
MSC Musica | 2006 | 89,600 | 2550 | $360 | $120,000 |
MSC Opera | 2004 | 59,060 | 1712 | $266 | $129,000 |
MSC Orchestra | 2007 | 89,600 | 2550 | $360 | $120,000 |
MSC Poesia | 2008 | 93,330 | 2550 | $360 | $120,000 |
MSC Preziosa | 2013 | 139,400 | 3502 | $550 | $126,000 |
MSC Seaside | 2017 | 153,516 | 4134 | $745 | $180,000 |
MSC Seascape | 2022 | 169,500 | 4540 | $1 billion | $220,000 |
MSC Seashore | 2021 | 169,500 | 4540 | $1 billion | $220,000 |
MSC Seaview | 2018 | 153,516 | 4134 | $745 | $180,000 |
MSC Sinfonia | 2002 | 58,830 | 1554 | $245 | $117,000 |
MSC Splendida | 2009 | 130,000 | 3274 | $550 | $139,000 |
MSC Virtuosa | 2021 | 181541 | 4810 | $850 | $177,000 |
MSC World Europa | 2022 | 205700 | 5264 | $1,255 billion | $238,000 |
MSC Explora fleet (1,2,3,4) | 2023-24-25-26 | 64000 | tba | $ | $ |
NCL-NORWEGIAN Cruise Line | – | – | – | – | – |
Norwegian Bliss | 2018 | 164,600 | 4200 | $920 | $219,000 |
Norwegian Breakaway | 2013 | 144,000 | 4000 | $840 | $165,000 |
Norwegian Dawn | 2002 | 92,250 | 2340 | $400 | $97,000 |
Norwegian Encore | 2019 | 167,800 | 4200 | $920 | $219,000 |
Norwegian Epic | 2010 | 155,900 | 4228 | $1,2 billion | $230,000 |
Norwegian Escape | 2015 | 163,000 | 4200 | $920 | $219,000 |
Norwegian Gem | 2007 | 93,530 | 2394 | $390 | $109,000 |
Norwegian Getaway | 2014 | 143,500 | 4000 | $780 | $195,000 |
Norwegian Jade | 2006 | 93,560 | 2402 | $390 | $108,000 |
Norwegian Jewel | 2005 | 93,500 | 2376 | $390 | $109,000 |
Norwegian Joy | 2017 | 167,400 | 4400 | $920 | $209,000 |
Norwegian Pearl | 2006 | 93,530 | 2460 | $390 | $109,000 |
Norwegian Prima | 2022 | 142500 | 3215 | $850 | $264,000 |
Norwegian Sky | 1999 | 77,100 | 2004 | $330 | $123,000 |
Norwegian Spirit | 2004 | 75,400 | 2018 | $350 | $138,000 |
Norwegian Star | 2001 | 91,740 | 2348 | $400 | $96,000 |
Norwegian Sun | 2001 | 78,300 | 1936 | $330 | $111,000 |
Pride of America | 2005 | 80,440 | 2138 | $450 | $184,000 |
OCEANIA Cruises | – | – | – | – | – |
Insignia | 1998 | 30,300 | 698 | $150 | $180,000 |
Marina | 2011 | 66,000 | 1258 | $600 | $380,000 |
Nautica | 2000 | 30,300 | 698 | $150 | $180,000 |
Regatta | 1998 | 30,300 | 698 | $150 | $180,000 |
Riviera | 2012 | 66,000 | 1258 | $600 | $380,000 |
Sirena | 1999 | 30,300 | 684 | $150 | $192,000 |
P&O Cruises UK | – | – | – | – | – |
mv Arcadia | 2005 | 86,800 | 2016 | $400 | $189,000 |
mv Arvia | 2022 | 184,700 | 5206 | $950 | $182,000 |
mv Aurora | 2000 | 76,150 | 1870 | $375 | $192,000 |
mv Azura | 2010 | 115,060 | 3100 | $700 | $196,000 |
mv Britannia | 2015 | 141,000 | 4370 | $770 | $176,000 |
mv Iona | 2021 | 184,000 | 5206 | $950 | $182,000 |
mv Oceana | 2003 | 77,500 | 2016 | $300 | $132,000 |
mv Oriana | 1995 | 69,150 | 1880 | $320 | $162,000 |
mv Ventura | 2008 | 116,000 | 3076 | $700 | $196,000 |
P&O AUSTRALIA | – | – | – | – | – |
Pacific Aria | 1994 | 55,820 | 1260 | $220 | $174,600 |
Pacific Dawn | 2007 | 70,300 | 1596 | $277 | $137,000 |
Pacific Eden | 1993 | 55,820 | 1260 | $220 | $174,600 |
Pacific Explorer | 1997 | 77,500 | 1950 | $300 | $154,000 |
Pacific Jewel | 2009 | 70,300 | 1668 | $277 | $145,000 |
Phoenix Reisen | – | – | – | – | – |
ms Amadea | 1991 | 28,860 | 604 | $150 | $248,000 |
ms Artania | 1984 | 44,660 | 1260 | $165 | $131,000 |
ms Deutschland | 1998 | 22496 | 520 | $125 | $240,000 |
PRINCESS Cruises | – | – | – | – | – |
Caribbean Princess | 2004 | 113,000 | 3096 | $500 | $129,000 |
Coral Princess | 2003 | 91,600 | 1974 | $360 | $141,000 |
Crown Princess | 2006 | 113,000 | 3070 | $500 | $130,000 |
Diamond Princess | 2004 | 115,900 | 2674 | $400 | $121,000 |
Discovery Princess | 2022 | 143,700 | 3668 | $760 | $207,000 |
Enchanted Princess | 2021 | 143,700 | 3668 | $760 | $207,000 |
Emerald Princess | 2007 | 113,000 | 3066 | $500 | $130,000 |
Golden Princess | 2001 | 109,600 | 2592 | $450 | $141,000 |
Grand Princess | 1998 | 109,000 | 2588 | $450 | $141,000 |
Island Princess | 2003 | 91,600 | 1974 | $360 | $141,000 |
Majestic Princess | 2017 | 143,000 | 3560 | $760 | $213,000 |
Regal Princess | 2014 | 141,000 | 3600 | $760 | $211,000 |
Royal Princess | 2013 | 139,000 | 3600 | $735 | $175,000 |
Ruby Princess | 2008 | 116,000 | 3068 | $500 | $130,000 |
Sapphire Princess | 2004 | 116,00 | 2674 | $400 | $121,000 |
Sea Princess | 1998 | 77,500 | 2016 | $300 | $126,000 |
Sky Princess | 2019 | 142,700 | 4272 | $760 | $178,000 |
Star Princess | 2001 | 109,000 | 2592 | $450 | $141,000 |
Sun Princess | 1998 | 77,700 | 2016 | $300 | $127,000 |
RSSC-REGENT Seven Seas Cruises | – | – | – | – | – |
Seven Seas Explorer | 2016 | 55254 | 754 | $450 | $609,000 |
Seven Seas Grandeur | 2023 | 55254 | 754 | $478 | $634,000 (expensive) |
Seven Seas Mariner | 2001 | 48,100 | 708 | $240 | $311,000 |
Seven Seas Navigator | 1999 | 28,550 | 506 | $200 | $367,000 |
Seven Seas Splendor | 2020 | 55254 | 754 | $450 | $542,800 |
Seven Seas Voyager | 2003 | 42,400 | 706 | $240 | $316,000 |
RCI-ROYAL CARIBBEAN International | |||||
Adventure of the Seas | 2001 | 137,300 | 3114 | $500 | $131,000 |
Allure of the Seas | 2010 | 225,280 | 5412 | $1,43 billion | $240,000 |
Anthem of the Seas | 2015 | 167,000 | 4180 | $950 | $227,000 |
Brilliance of the Seas | 2002 | 90,100 | 2110 | $350 | $140,000 |
Empress Of The Seas | 1990 | 48,560 | 1870 | $170 | $90,900 |
Enchantment of the Seas | 1997 | 80,700 | 2252 | $300 | $110,000 |
Explorer of the Seas | 2000 | 137,300 | 3110 | $500 | $130,000 |
Freedom of the Seas | 2006 | 154,400 | 3634 | $800 | $183,000 |
Grandeur of the Seas | 1996 | 74,130 | 1950 | $300 | $123,000 |
Harmony Of The Seas | 2016 | 227,000 | 6780 | $1,35 billion | $199,000 |
Icon of the Seas | 2023 | 218000 | tba | $1,3 billion | $ |
Independence of the Seas | 2008 | 154,400 | 3634 | $830 | $190,000 |
Jewel of the Seas | 2004 | 90,090 | 2112 | $350 | $140,000 |
Liberty of the Seas | 2007 | 154,400 | 3634 | $800 | $183,000 |
Majesty of the Seas | 1992 | 73,940 | 2390 | $300 | $109,000 |
Mariner of the Seas | 2003 | 138,300 | 3114 | $500 | $131,000 |
Navigator of the Seas | 2002 | 138,300 | 3114 | $500 | $131,000 |
Oasis of the Seas | 2009 | 225,280 | 5412 | $1,3 billion | $240,000 |
Odyssey of the Seas | 2021 | 169,300 | 4284 | $750 | $175,000 |
Ovation Of The Seas | 2016 | 167,800 | 4820 | $1,1 billion | $228,000 |
Quantum of the Seas | 2014 | 158,000 | 4100 | $950 | $231,000 |
Radiance of the Seas | 2001 | 90,100 | 2139 | $350 | $138,000 |
Rhapsody of the Seas | 1997 | 78,500 | 1998 | $275 | $114,000 |
Serenade of the Seas | 2003 | 90,100 | 2112 | $350 | $140,000 |
Spectrum of the Seas | 2019 | 168,670 | 4246 | $940 | $221,000 |
Symphony Of The Seas | 2018 | 230,000 | 6870 | $1,35 billion | $196,500 |
Vision of the Seas | 1998 | 78,500 | 1998 | $275 | $114,000 |
Voyager of the Seas | 1999 | 137,300 | 3114 | $500 | $130,000 |
Wonder of the Seas | 2022 | 228,080 | 5518 | $1,35 billion | $244,600 |
SAGA Cruises | – | – | – | – | – |
Saga Pearl II | 1981 | 18,590 | 446 | $55 | $123,000 |
Saga Sapphire | 1982 | 37,300 | 752 | $120 | $104,000 |
Spirit of Adventure | 2020 | 55,900 | 999 | $350 | $350,000 |
Spirit of Discovery | 2019 | 55,900 | 999 | $350 | $350,000 |
SEABOURN Cruises | – | – | – | – | – |
Seabourn Encore | 2016 | 40,350 | 640 | $380 | $594,000 |
Seabourn Odyssey | 2009 | 32,350 | 450 | $250 | $540,000 |
Seabourn Ovation | 2018 | 40,350 | 650 | $380 | $585,000 |
Seabourn Quest | 2011 | 32,350 | 450 | $250 | $540,000 |
Seabourn Sojourn | 2010 | 32,350 | 450 | $250 | $540,000 |
Seabourn Venture | 2021 | 23,000 | 264 | $225 | $852,000 |
SEADREAM Yacht Club | – | – | – | – | – |
SeaDream I | 1984 | 43,300 | 110 | $34 | $309,000 |
SeaDream II | 1985 | 43,300 | 110 | $34 | $309,000 |
SeaDream Innovation (canceled) | 2023 | 15,600 | 220 | $210 | $954,000 (world’s most expensive |
SILVERSEA Cruises | – | – | – | – | – |
Silver Dawn | 2021 | 40,700 | 690 | $380 | $550,000 |
Silver Explorer | 1989 | 6,070 | 132 | $50 | $316,000 |
Silver Cloud | 1994 | 16,800 | 302 | $125 | $373,000 |
Silver Dawn | 2021 | 40,700 | 576 | $380 | $660,000 |
Silver Moon | 2020 | 40,700 | 690 | $380 | $550,000 |
Silver Muse | 2017 | 40,700 | 690 | $380 | $550,000 |
Silver Origin | 2021 | 5,800 | 102 | $75 | $735,000 |
Silver Shadow | 2000 | 28,260 | 388 | $150 | $350,000 |
Silver Spirit | 2009 | 36,000 | 540 | $250 | $412,000 |
Silver Whisper | 2001 | 28,260 | 388 | $150 | $350,000 |
Silver Wind | 1995 | 17,400 | 298 | $125 | $371,000 |
(GHK) STAR Cruises | – | – | – | – | – |
Star Pisces | 1990 | 40,050 | 1168 | $100 | $59,000 |
SuperStar Aquarius | 1993 | 51,040 | 1530 | $240 | $111,000 |
SuperStar Gemini | 1992 | 50,760 | 2150 | $240 | $112,000 |
SuperStar Libra | 1988 | 42,280 | 1476 | $120 | $67,000 |
SuperStar Virgo | 1999 | 75,340 | 1964 | $350 | $115,000 |
TUI MARELLA Cruises (Thomson UK) | – | – | – | – | – |
Marella Celebration | 1984 | 34,000 | 1250 | $160 | $119,000 |
Marella Dream | 1986 | 54,760 | 1506 | $150 | $86,000 |
Thomson Majesty / Celestyal Majesty | 1992 | 40,880 | 1970 | $230 | $117,000 |
Thomson Spirit | 1984 | 33,930 | 1254 | $150 | $111,000 |
Marella Discovery (Splendour of the Seas) | 1996 | 69,470 | 2070 | $280 | $135,000 |
Marella Discovery 2 (Legend of the Seas) | 1995 | 69,470 | 2200 | $280 | $127,000 |
Marella Explorer (TUI Mein Schiff 1) | 1996 | 77,000 | 2680 | $320 | $119,000 |
Marella Explorer 2 (Celebrity Century) | 1995 | 72,460 | 1814 | $450 | $248,000 |
TUI Cruises | – | – | – | – | – |
Mein Schiff 1 | 2018 | 111,500 | 2534 | $625 | $247,000 |
Mein Schiff 2 | 2019 | 111,500 | 2534 | $625 | $247,000 |
Mein Schiff 3 | 2014 | 99,300 | 2500 | $625 | $250,000 |
Mein Schiff 4 | 2015 | 99,300 | 2506 | $525 | $210,000 |
Mein Schiff 5 | 2016 | 99,800 | 2534 | $625 | $247,000 |
Mein Schiff 6 | 2017 | 99,800 | 2534 | $625 | $247,000 |
Mein Schiff 7 | 2023 | 111,500 | 2534 | $625 | $247,000 |
Mein Schiff 8 | 2024 | 111,500 | 2534 | $625 | $247,000 |
Mein Schiff Herz (the old Schiff 2) | 1997 | 77,300 | 1912 | $320 | $118,000 |
(ResidenSea) MS The World | 2002 | 43,520 | 385 | $366 | $185,000 |
(White Star Line) RMS Titanic ship cost | 1912 | 46,300 | 2435 | $7,5 ($176 in 2012/$400 in 2021) | $3,080 ($72K/$164K) |
(Blue Star Line) Titanic 2 ship | 2022 | 56,000 | 2345 | $500 | $213,000 |
In light of the present economic climate, which is marked by both volatility and complacency, the majority of cruise lines have opted to refurbish their existing ships rather than construct new ones. It is possible that the cost of ship rehabilitation programs and refurbishing projects for cruise lines would reach close to half a billion dollars.
Among the most mind-boggling examples of huge spending on fleet upgrades are Holland America’s SOE (“Signature of Excellence”) program (with a budget of USD 450 million) and Carnival’s Fun Ship 2.0 upgrades and ship enhancements. Both of these programs are aimed at improving the cruise lines’ fleets (total budget USD 800 million).
In most cases, these kind of refurbishments consist of either significant refits and enhancements (sometimes known as “upgrades” of older vessels with the company’s hallmark facilities, services, and programs) or regularly planned drydock refurbishments.
How much does it cost to build a huge cruise ship?
The cruise ship with the highest price tag is the It has been claimed that the construction of the Allure of the Seas by Royal Caribbean cost more than $1.4 billion dollars. This makes it the most costly cruise ship ever built. The more modern and expansive Harmony and Symphony of the Seas ships each have a price tag of around $1.3 billion.
The Allure of the Seas is Currently Being Built In comparison, the SeaDream I and SeaDream II, both owned by SeaDream Yacht Club, are the cruise ships that will be sailing in 2022 and will have required the least amount of money to construct. It only cost $35 million to construct each one, and construction began in 1984 and 1985, respectively.
Consider instead the cruise ship that has the highest price per berth, as this provides an additional basis for comparison. The construction of the most majority of cruise ships falls somewhere in the range of $100,000 to $350,000 per passenger, although there are a few outliers on each end of that spectrum.
The luxury adventure cruise ship Hanseatic Nature, which is operated by Hapag Lloyd for the German market, is currently the ship that holds the record for having the highest cost per berth of any cruise ship that has ever been constructed. The ship’s total cost was just $155 million, which is not a very high sum; yet, given that she can carry a maximum of 199 passengers, the cost per passenger comes out to a staggering $779,000.
The Hanseatic Way of Life The Oceania Marina and Riviera are the most expensive cruise ships that have a maximum capacity of at least 1,000 guests. These ships each have a capacity for 1,258 passengers and cost $380,000 per person to build. Of the cruise ships that can hold at least 1,000 guests, these two are the most expensive.
How much profit do cruise ships make?
The whole cruise business, which includes: Let’s take a short look at the big participants in the cruise industry, the amount of money they earn, and how they make it before we go into the topic of how cruise lines get around US taxes and laws. The international industry is made up of dozens of cruise lines and more than 250 ships altogether.
- However, about 75 percent of the market is controlled by just three companies: Carnival Corporation & PLC, Royal Caribbean Cruises LTD, and Norwegian Cruise Line HLD.
- The Hustle, Starring Zachary Crockett In 2018, these firms, which are in charge of an empire consisting of subsidiary cruise lines, brought in a total revenue of $34.2 billion combined.
There are two ways that cruise ships generate revenue: ticket sales and onboard purchases (such as alcoholic drinks, casino gambling, spa treatments, art auctions, and shore excursions), which passengers pay for with pre-loaded cruise cards and chip-equipped wristbands.
- Ticket sales generate the majority of revenue for cruise ships, followed by onboard purchases.
- Tickets provide for an average of 62% of overall income, while onboard sales account for the remaining 38% of revenue.
- According to the opinions of a number of industry professionals, although sales of tickets make for the vast majority of income, purchases made on board provide the majority of a company’s profit.
A cruise ship is a type of business that has large fixed costs and is dependent on getting as many customers onto the ship as possible, even if it means charging them at steep discounts. Most of the time, the main cruise companies will fill each ship to between 105% and 110% of its capacity, and then they will try to upsell their captive customers on extra amenities.
Ross A. Klein, a professor at Memorial University of Newfoundland who has conducted extensive research on the cruise ship industry, claims that those working in the cruise ship industry have “mastered the capacity to get their hands into people’s purses and to pull out every last dollar.” They are able to earn a profit even if they give a cabin out at absolutely no cost at all.
Even though there are substantial overhead costs associated with these enormous audiences, such as travel agent commissions, petrol, marketing, and payroll, there are still substantial profits to be made. The cruise line industry as a whole has net margins of 17%, which is over double the average of other significant hotel chains that are comparable in size: Profit after expenses for Carnival was $3.2 billion (17% margin).
Net profit for Royal Caribbean was $1.8 billion, representing a 19 percent margin.955 million dollars in net profit for Norwegian (16% margin) To put these numbers into a perspective that is a little easier to understand, this is what this translates to on a per-passenger basis for a trip that is seven days long: The Hustle, Starring Zachary Crockett A traveler will spend an average of $1,060 ($151 per day) on a ticket and $650 ($92 per day) on purchases made while onboard.
When operating expenses are subtracted from total revenue, a ship generates a net profit of around $291 per passenger for every cruise they sell. This indicates that a single ship like Royal Caribbean’s Symphony of the Seas, operating at maximum capacity, could produce $9.8 million in revenue for a single seven-day trip, of which $1.75 million would be profit.
That amounts to a daily profit of $239 000 while at sea. The fact that fifty percent of this revenue originates from American tourists suggests that the cruise business must be a significant contributor to the tax system in the United States. There is a catch, though, as these businesses are not, strictly speaking, American.
In addition to this, they are keeping what one legal expert refers to as a “dirty little secret.”
How much does a cruise ship captain make?
Although there are no specific compensation figures available, the average yearly income for a captain is $89,740 per year. This figure does not include tips or bonuses. There are several factors that might influence a captain’s salary, including the amount of experience they have in the field, their certificates, licenses, employers, and many other accreditations.
How long does it take to build a cruise ship?
When constructing a cruise ship, how long does the process typically take? From the moment the keel is laid to the time the ship is finally delivered, the amount of time it typically takes can range anywhere from one to eighteen months. This, of course, is contingent on the size of the ship and the cruise line that orders it.
How much does a Disney cruise ship cost to build?
The Disney Fantasy is the latest addition to the growing fleet of cruise ships operated by Disney Cruise Line. MEYER WERFT shipyards in Papenburg, Germany, were responsible for the vessel’s construction at an estimated cost of $940 million. The on-board amenities were custom-built with the needs of families in mind from the ground up.
How long does it take for a cruise ship to make its money back?
A In the majority of instances, refunds will be credited back to the original method of payment within seven to ten days after they have been completely processed. On the other hand, the posting of certain reimbursements might take up to a month. Your bank or other financial institution will decide how long it will take for you to get a refund; Royal Caribbean International® has no say in this matter.
How much does it cost to buy a retired cruise ship?
How much does it set you back to get your hands on a cruise ship? – Do you long to commission the construction of your very own luxury cruise ship? The size of the vessel will, of course, have an impact on the amount of money. You may compare the prices of building cruise ships and also view the top 50 mega-liners in the world based on their size and capacity by clicking on the following links.
- The current owner of the record for the biggest passenger ship in the world is Royal Caribbean, which spent $1.35 billion on the construction of the 228,081-ton Symphony Of The Seas.
- The price range for a newbuild liner of an average size is between 700 and 800 million USD.
- There are shipbrokers out there that could be able to assist you in purchasing a ship that was constructed in the 1980s or 1990s and was popular during that time period, but the cruise company that owned it has since upgraded to better boats.
The price of such an iconic vessel may range anywhere from ten to twenty million US dollars. Naturally, just like any used vessel, it is going to require a significant financial investment in order to be brought up to passenger-carrying condition, brought in compliance with modern marine safety requirements, and upgraded with the most modern conveniences.
For instance, in 2013, the shipowner Carnival Corporation spent around USD 155 million on the refurbishment of Carnival Destiny, which is now named Carnival Sunshine. When it was first constructed in 1996, the ship had a price tag of around USD 400 million. To put it another way, acquiring a cruise ship is a financially challenging endeavor.
Do not be discouraged, though, because you could find that renting a cabin on a cruise ship for a week more than satisfies your needs.
How much is gas for a cruise ship?
What Are the Expenses Involved in Running a Cruise Ship? – The size and amenities of a cruise ship may have a significant impact on the ship’s operational expenses. To be more specific, the following is a breakdown of the operational expenses for a typical cruise ship with 1,000 guests and 700 staff members: Gasoline: While traveling, you may anticipate using around 30 tons of fuel per day.
- If we assume that one ton of gasoline costs an average of $500, then the daily cost of fuel comes to $15,000.
- It seems to reason that the cost of gasoline for larger ships will be substantially higher.
- Crew: The average daily cost of labor for each member of the crew is roughly $150.
- As a result, the daily labor expenditures of a ship with 700 crew members are around $105,000.
If you finance $300 million at 5%, the daily asset finance fee will be $41,096. Finance If you finance $300 million at 5%, the charge will be $41,096. The overhead charges, which include marketing, sales, and administrative fees, come to around $214 every day.
Food: Plan on spending around $86 USD each day, per person, on food. About $170 will be deducted each day for depreciation and amortization. Commissions, transportation, and other costs equaled $236 each day. Obviously, these are only estimates, and the actual expenses might vary quite a bit from ship to ship.
According to this illustration, the daily operating costs of a cruise ship come to 161,802 dollars.
How long do cruise ships last?
There are now a record number of boats that are being constructed from scratch. However, the cruise industry is also devoting a significant amount of time and financial resources into the sector of refurbishing. A cruise ship can get a new lease on life through refurbishment and refitting, whether it’s just a light refresh to bring it in line with the newer ships in the fleet or a complete rebranding as it joins a new cruise line.
- Both types of refurbishment and refitting can breathe new life into an old vessel.
- How long can a cruise ship be expected to last, considering the apparently limitless prospects for refurbishment? If it is maintained properly and given occasional facelifts, a cruise ship that is in good health and well-built may often operate for up to 30 years.
However, the lifespan of certain cruise ships is far longer. We take a look at some of the oldest cruise ships that are still in operation today and map some of the many stages that they go through over the course of their lives. These ships have witnessed it all, from pirates to kings, and all in between.
Can you live permanently on a cruise ship?
Purchasing a Permanent Cabin for Retirement – The price may be more affordable for retirees who choose to set up shop as permanent inhabitants onboard a cruise ship. There are a number of cruise lines that offer vacationers the opportunity to purchase an apartment or condo onboard, which comes with complimentary meals and other amenities.
- On the other hand, depending on the kind of cabin that you decide to buy, this may be a significantly more expensive alternative.
- For instance, Storylines is a more recent cruise line that gives seniors and other passengers the chance to buy aboard residences starting at around $352,000 for 172 square feet.
Storylines is a luxury real estate development that provides permanent houses beginning at $3.2 million and spanning up to 1,690 square feet. The purchase price already incorporates all of the resident’s meals and beverages, as well as laundry service, onboard gratuities, and laundry service.
In addition, the cruise company provides a fresh goods store for passengers who would rather make their own meals in their staterooms. If retirees paid in full for an all-inclusive apartment that included meals rather than financing it over a lengthy period of time, this might significantly reduce the cost of living for them.
You will, however, need to take into consideration the yearly expenses for assessment. These fees pay for things like the upkeep of the ship, the provisioning of the crew, and their salaries. The typical daily assessment price for a condo at Storylines may run anywhere from $70 to $205 per person, depending on the apartment the resident chooses to live in.
- At such rate, the annual cost of living aboard permanently would range anywhere from $25,550 to $74,825, depending on the specifics of the situation.
- Booking a cruise for an extended period of time is an option to purchasing a condo or making back-to-back reservations on a cruise ship.
- Oceania has cruises around the world that are 180 days long and start at a price of $35,899 per person.
This price covers not just transportation to the ship’s dock but also all meals, drinks, and other facilities offered onboard as well. If two voyages were scheduled each year at that rate, the yearly cost of retiring aboard a cruise ship would be $71,798.
- This is assuming two cruises were booked each year.
- Assuming you are happy with having less room to yourself than you would if you were living on land, this does appear to be a cost-saving alternative to a conventional retirement.
- Of course, those figures would be different if you decided to keep your house even though you were going to be living on a cruise ship.
And even if you do decide to sell, you may still have to take into consideration additional land-side costs, such as storage for personal belongings or automobiles, or debts that you are still working to pay off.
What do cruise lines do with old ships?
What Happens to Old Cruise Ships? – As ships age, cruise lines have several options available to them. These options include extensively refurbishing vessels and relocating them to smaller regions that are less popular; transferring or selling them to other cruise lines; or sending them to a cruise ship junkyard to be scrapped.
How much money should I take on a 7 day cruise?
How Much Cash Should I Take on a Cruise? As a general guideline, you should plan to have between $50 and $100 each day in the currency of the country you will be visiting. You can also consider bringing an additional twenty dollars every day to tip the crew workers.
Make sure you add some bills with a lower denomination for the tips. At each port, you should only need between fifty and one hundred dollars each day to cover the cost of little purchases, gratuities, and food. However, you will still need to examine what you want to accomplish while you are on your cruise in order to determine whether or not you require a greater or smaller quantity than that.
Also, keep in mind that it can be more prudent to withdraw cash from an ATM after you get to your final location, especially if you are in a different country from where you started your trip. When you need to buy local currency, using an ATM can save you money by preventing you from having to pay for more expensive money-exchange services.
How much does a Disney cruise ship cost to build?
The Disney Fantasy is the latest addition to the growing fleet of cruise ships operated by Disney Cruise Line. MEYER WERFT shipyards in Papenburg, Germany, were responsible for the vessel’s construction at an estimated cost of $940 million. The on-board amenities were custom-built with the needs of families in mind from the ground up.
How long does it take to build a cruise ship?
When constructing a cruise ship, how long does the process typically take? From the moment the keel is laid to the time the ship is finally delivered, the amount of time it typically takes can range anywhere from one to eighteen months. This, of course, is contingent on the size of the ship and the cruise line that orders it.
How much does it cost to build a container ship?
Acquisition of vessels –
This article needs to be updated, Please help update this article to reflect recent events or newly available information. ( January 2018 ) |
In recent years, there has been an excess of container ship capacity, which has led to a decline in the cost of both new and secondhand ships. From the previous year, 2008, to the current year, 2009, prices for new container ships fell by 19–33%, while prices for 10-year-old container ships fell by 47–69%.
- In March of 2010, the average price for a geared container ship with 500 TEU was ten million dollars, whereas the average price for a gearless ship with 6,500 or 12,000 TEU was either seventy-four million or one hundred and five million dollars.
- While this was going on, the typical prices of secondhand geared container ships that were 10 years old and had capacities of 500, 2,500, and 3,500 TEU were accordingly $4 million, $15 million, and $18 million respectively.
In 2009, container ships that had been recently built were delivered totaling 11,669,000 gross tonnage. Over 85 percent of this additional capacity was developed in the People’s Republic of China, Japan, and the Republic of Korea, with Korea alone accounting for more than 57 percent of the global total.
How much did the Disney Wish cost to build?
What was the total cost of constructing the Disney Wish? – Neither Disney Cruise Line nor the shipbuilders, Meyer Werft, have made any public statements on the amount of money spent on the construction of the Disney Wish. The last ship owned by Disney, the Disney Fantasy, was built in 2012 at a cost of $940 million, therefore it is anticipated that the Disney Wish will cost at least $1 billion.