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Brief -- Carnival Corp.

September 7, 2016
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Carnival Corp. has struck separate agreements with shipbuilders Meyer Werft and Meyer Turku to deliver three cruise ships fully powered by liquefied natural gas (LNG). Two of the ships are intended for the Carnival Cruise Line brand and are to be built by Meyer Turku at its shipyard in Turku, Finland, with delivery dates expected in 2020 and 2022. A new ship for P&O Cruises UK would be built by Meyer Werft at its shipyard in Papenburg, Germany, with an expected delivery in 2020. The company now has agreements in place to build seven LNG-fueled cruise ships across four of its 10 global cruise brands in coming years. The first of these ships is expected to be in service for AIDA Cruises and Costa Cruises in 2019. The new ships would use LNG to generate 100% of their power, both in port and on the open sea, which the company said "will significantly reduce exhaust emissions."

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