EXPLORA JOURNEYS CONFIRMS ORDERS TO FINCANTIERI FOR TWO NEW HYDROGEN-POWERED SHIPS TO JOIN THE FLEET
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EXPLORA JOURNEYS CONFIRMS ORDERS TO FINCANTIERI FOR TWO NEW HYDROGEN-POWERED SHIPS TO JOIN THE FLEET
Deal completes total investment in six luxury ships for Explora Journeys worth €3.5 billion
The ships will employ the newest technologies the world has to offer including hydrogen powered fuel cells for zero emission operations while in port Pierfrancesco Vago: “We will look to add even more new solutions as they become available.”
Geneva, Switzerland, September 21, 2023 – Explora Journeys today confirmed firm orders for two hydrogen-powered ships with the Italian shipbuilder Fincantieri and pledged to continue its push towards a net zero-carbon emissions target by 2050 by investigating additional new and advanced environmental technologies for the luxury ships. The deal completes a total investment of €3.5 billion in six luxury ships for Explora Journeys. The contracts are subject to access to financing as per industry practice.
EXPLORA V and EXPLORA VI will have new state-of-the-art energy efficiency measures and will also be capable of using alternative fuels such as bio and synthetic gas and methanol and the Cruise Division will work in the future with Fincantieri to equip the ships with future technologies including carbon capture, and more advanced waste management systems. The two confirmed additions to Explora Journeys’ fleet will be delivered in 2027 and 2028.
Pierfrancesco Vago, Executive Chairman - Cruise Division, MSC Group, said, “With Explora Journeys we have created a luxury brand that has been successful at redefining luxury at sea. We are seeing continued growth in the luxury segment and the investment in these two new ships shows our commitment to continue to grow within this sector as well as to invest in ships of the future. Together with Fincantieri we will study the newest technology that the world has to offer and continue with our commitment to introduce these technologies to drive efficiencies across the whole spectrum of ship performance. And of course we will continue to deliver the very best luxury travel experience, immersing our guests in the ocean state of mind with a sustainable soul.”
Michael Ungerer, Chief Executive Officer, Explora Journeys, added, “Sustainability in luxury is the new craftmanship and our new two confirmed orders are testament to our determination to preserve and protect our precious oceans. This is what the discerning traveler of tomorrow expects so it is an absolute imperative that we not only just deliver on that anticipation, but we must and will exceed such aspirations.”
The two new ships will pursue the use of liquid hydrogen with fuel cells for their hotel operations while docked in ports to eliminate carbon emissions with the vessels’ engines switched off. The ships will also feature a new generation of LNG engines that will further tackle the issue of methane slip with the use of containment systems.
LNG is one of the world’s cleanest marine fuels currently available at scale and is set to play a key role in the transition to the decarbonization of international shipping. It substantially reduces local air pollutant emissions with sulphur oxides falling by up to 99 percent and nitrogen oxides decreasing by up to 85 percent. LNG also plays a key role in climate change mitigation as it offers up to a 20 percent reduction in greenhouse gas emissions. Further environmental benefits are expected following the availability at scale of synthetic LNG.
Explora Journeys’ first ship, EXPLORA I was delivered by Fincantieri in July 2023 and is currently operating in Northern Europe. The ship will spend the autumn in North America, and the winter in the Caribbean Sea. She will sail during the spring 2024 off the U.S. West Coast and Hawaii before returning to Europe in summer 2024 for a series of journeys in the Mediterranean Sea
EXPLORA II will enter service in summer 2024 and operate until April 2025 in the Mediterranean Sea, the Middle East, the Indian Ocean and Africa visiting 82 ports in 26 countries. EXPLORA II first ‘touched water’ on September 6, 2023 at a ‘float out’ ceremony near Genoa in Italy.
EXPLORA III will enter service in summer 2026 and construction of the LNG-powered vessel started on September 6, 2023 with a steel-cutting ceremony. Construction of LNG-powered EXPLORA IV will begin in January 2024 and will be completed in early 2027.
All six ships in Explora Journeys’ fleet will be equipped with the latest environmental and marine technologies and will also feature the latest selective catalytic reduction technology to enable a reduction of nitrogen oxide emissions by 90 percent, be equipped with shore power plug-in connectivity to reduce emissions in port and fitted with underwater noise management systems to help protect marine life.
All six ships will also have a comprehensive range of onboard energy efficient equipment to optimize engine use to further reduce emissions.
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