Please ensure Javascript is enabled for purposes of website accessibility
Free Article Join Over 1 Million Premium Members And Get More In-Depth Stock Guidance and Research

Carnival Takes Possession of First LNG-Powered Cruise Ship in North America

By Rich Duprey - Dec 18, 2020 at 12:00PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The Mardi Gras will also have the first at-sea roller coaster.

Carnival ( CCL 10.73% )( CUK 10.24% ) took delivery of its newest, most innovative cruise ship, the Mardi Gras, on Friday. The Mardi Gras is a liquified natural gas (LNG) powered ship, the first of its kind in North America, and is part of the cruise line operator's decarbonization program.

Scheduled to make its inaugural voyage on April 24, 2021, the Mardi Gras features another first for a cruise ship: an at-sea rollercoaster.

Artist rendition of BOLT roller coaster

Artist rendition of the cruise industry's first at-sea roller coaster, the BOLT. Image source: Carnival.

Cruising to a greener future

LNG is a fast-growing option for a cruise industry wanting to switch from heavy fuel oil diesel engines and marine gas oil for gas turbine engines.

Carnival was one of the very first cruise ship operators to make the switch, using LNG in 2015 to supply its AIDA Cruises' AIDAsol while in port. Three years later it launched the AIDAnova, the first cruise ship anywhere that could be powered at sea or in port by LNG. It followed with the Costa Smeralda in 2019.

The Mardi Gras will be the first LNG-powered vessel to ply the waters around the southeastern coast of the U.S. The Carnival Celebration will follow in 2022.

LNG ships are not especially common yet because there have been few LNG refueling ports available. Carnival has partnered with Royal Dutch Shell ( RDS.A 2.58% )( RDS.B 2.60% ) to use the oil giant's LNG bunker barge that will let cruise ships like the Mardi Gras refuel while they are in port.

Carnival worked with Port Canaveral in Florida to build an Excel-class port to handle ships of the size of the Mardi Gras. The new 180,000 gross ton vessel can accommodate 5,200 guests and 2,000 crew. It features 2,600 staterooms and 180 suites, and will also have the world's first roller coaster, the BOLT, that will operate while at sea.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis – even one of our own – helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Carnival Corporation Stock Quote
Carnival Corporation
$19.05 (10.73%) $1.84
Royal Dutch Shell plc Stock Quote
Royal Dutch Shell plc
$44.70 (2.58%) $1.12
Royal Dutch Shell plc Stock Quote
Royal Dutch Shell plc
$44.55 (2.60%) $1.13
Carnival Corporation Stock Quote
Carnival Corporation
$17.54 (10.24%) $1.63

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning service.

Stock Advisor Returns
S&P 500 Returns

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 12/06/2021.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Our Most Popular Articles

Premium Investing Services

Invest better with the Motley Fool. Get stock recommendations, portfolio guidance, and more from the Motley Fool's premium services.