Disney Adding Three More Ships To Cruise Line

Disney Cruise Line’s (NYSE:DIS) fleet will be growing by three. The new ships would be similar in size to Disney’s newest ships, Disney Dream and Disney Fantasy. Each of those ships carry about 2,500 passengers at double occupancy. The company previously announced an order for two new ships last year.

Walt Disney Parks and Resorts Chairman Bob Chapek made the announcement about the third new ship at the D23 Expo in Anaheim, California. D23 Expo is organized by the Official Disney Fan Club. Chapek said, “We decided two ships wouldn’t be enough to hold all of the exciting new experiences we have been dreaming up to take family cruise vacations to a whole new level.”

The new additions will nearly double the line’s fleet from four vessels to seven. At 135,000 gross tons, they will be slightly larger than the 130,000 gross tons of Dream and Fantasy. The line’s first two vessels, Disney Magic and Disney Wonder, are its smallest vessels. The three ships are expected in 2021, 2022 and 2023. Chapek said that each ship would offer unique experiences.

Few details of the new ships were released. The statement said, “All ship names, design plans and itineraries are still in development.” The cruise line has not yet revealed where it will home port its new ships. The Disney Cruise Line currently sails from Port Canaveral in Orlando and Port Miami in Florida as well as Galveston, San Diego, New York City, Alaska, Europe, and San Juan, Puerto Rico.

All three of the new ships are being built at Germany’s Meyer Werft shipyard and will be powered by liquified natural gas (LNS). These will be the first LNS-powered ships for Disney. The move is necessary as more stringent maritime emission laws begin to take effect.

Disney entered into the cruise business in 1998. The four current ships have all had overhauls since 2013. Disney Dream and Disney Fantasy added features such as a water coaster called the AquaDuck and virtual portholes for interior staterooms. Disney Fantasy also added new Star Wars and Marvel spaces to its Oceaneer Club, along with a new ice cream and sweets shop and the first Tiffany & Co. store in the fleet this past May.

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