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Carnival's China joint venture Adora Cruises sells a vintage ship

10/18/2023| 2:59:41 PM|

Adora currently has two newbuildings on order since late November 2022.

Carnival Corp has confirmed that its Adora Cruises joint venture with China State Shipbuilding Corp has sold a vintage vessel.

Adora has offloaded the 2,100-berth cruise ship Costa Atlantica, Carnival spokeswoman Jody Venturoni told TradeWinds on Monday.

The ship has a market value of $64.6m, according to VesselsValue. The platform lists Florida-based Margaritaville at Sea as the owner of the 1,680-berth Margaritaville at Sea Paradise.

Adora currently has two newbuildings on order since late November 2022 at Shanghai Waigaoqiao Shipbuilding but no other ships, according to VesselsValue.

Adora expects to take delivery of the 5,246-berth Adora Magic City, which has an estimated newbuilding value of $804m and a market value of $634m, in late November of this year. The ship is set to embark on its first journey in January 2024 from Shanghai, according to Adora’s website.

It plans to take delivery of a 5,000-berth to-be-named ship in late October 2024. It has a newbuilding value of $802m and a market value of $685m, according to VesselsValue.

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TAGS: Carnival Corp | Adora Cruises | vintage vessel | newbuildings | cruise ship
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