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Saturday, September 5, 2026 · UTC
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Nor Cruises signs MOU for up to five cruise ships with China's CSSC

Nor Cruises signed an MOU for up to five 82,000-ton cruise ships to be built at Shanghai Waigaoqiao, a CSSC subsidiary.

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Nor Cruises signed a memorandum of understanding (MOU) for up to five 82,000-ton cruise ships to be built at Shanghai Waigaoqiao, a subsidiary of China State Shipbuilding Corporation (CSSC). [1] If confirmed, the MOU would represent the first large-ship order from a foreign company for CSSC. [2] The company's 2025 annual account filings say the company has been formed to build a cruise ship but will need to raise capital first; in 2025 it raised $1.4 million and has $180,000 in loans from shareholders, and in 2026 it has raised $310,000 with $100,000 in loans. [3] Cruise Industry News reports the vessels at roughly 82,000 gross tons, while the South China Morning Post, citing Waigaoqiao, reports 84,000 tons. [4] The agreement was signed at SMM Hamburg and remains an MOU rather than a final construction contract. [5] Few details have been disclosed about delivery dates, onboard product, deployment or how Nor Cruises plans to operate the proposed fleet. [6]
What this stands on
  1. Nor Cruises signed a memorandum of understanding (MOU) for up to five 82,000-ton cruise ships to be built at Shanghai Waigaoqiao, a subsidiary of China State Shipbuilding Corporation (CSSC). · Cruise Industry News | Cruise News
  2. If confirmed, the MOU would represent the first large-ship order from a foreign company for CSSC. · Cruise Industry News | Cruise News
  3. The company's 2025 annual account filings say the company has been formed to build a cruise ship but will need to raise capital first; in 2025 it raised $1.4 million and has $180,000 in loans from shareholders, and in 2026 it has raised $310,000 with $100,000 in loans. · Cruise Industry News | Cruise News
  4. Cruise Industry News reports the vessels at roughly 82,000 gross tons, while the South China Morning Post, citing Waigaoqiao, reports 84,000 tons. · Cruise Addicts
  5. The agreement was signed at SMM Hamburg and remains an MOU rather than a final construction contract. · Cruise Addicts
  6. Few details have been disclosed about delivery dates, onboard product, deployment or how Nor Cruises plans to operate the proposed fleet. · Cruise Addicts
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