Tui Group is considering placing an order for two new new-build vessels for its UK cruise brand Marella Cruises to bolster its "ageing" fleet.
Marella Cruises currently operates five ocean-going ships
Europe’s largest travel group confirmed it is "in discussions" with shipyards with a view to ordering ships that will be built from 2031 onwards.
It estimates each new-build will generate earnings before interest and taxation between €130m and €150m per annum per ship and highlighted how its three cruise brands, Mein Schiff, Hapag-Lloyd Cruises and Marella, hold strong market positions in Germany and UK, respectively.
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