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Costa Cruises Names Newbuild Costa Diadema, First Block Laid for 550 Million Euro Ship



Attending Costa Diadema’s block-laying
 ceremony were (from left) GiuseppeBono,
CEO of Fincantieri; Michael Thamm, CEO
of Costa Crociere S.p.A.; Ing. AttilioDapelo, 
Fincantieri’s Marghera shipyard director,
 and Gianni Onorato, president of Costa 
Crociere S.p.A.



At 132,500 gross tons and 4,947 guests, Costa Diadema will be the largest Italian flagged cruise ship afloat

GENOA (Dec. 10, 2012) — The first block of the hull was laid today at Fincantieri’s Marghera, Italy, shipyard forming the central part of Costa Diadema, the future flagship of Costa Cruises. Diadema in Italian means “tiara” and the name was selected for the new ship that will serve as the crown jewel and flagship of the Costa Cruises fleet.

Today’s ceremony was attended by Costa Crociere S.p.A. Chief Executive Officer Michael Thamm and President Gianni Onorato, with Fincantieri represented by its Chief Executive Officer Giuseppe Bono.

During the ceremony, the block — weighing approximately 496 tons, measuring 51.5 feet wide by 95 feet long — was lifted by a crane and laid in the dry dock where the ship will be built. Construction and fitting out will continue until Oct. 30, 2014, the scheduled date of delivery. Construction of Costa Diadema will employ approximately 1,000 shipyard workers plus another 2,500 employees of allied industries. About 400 contracted suppliers, most of which are Italian firms, will be involved in the project, especially regarding fitting out the ship’s interiors.

“The construction of the Costa Diadema is a tangible commitment to the future growth of our Company,” said Michael Thamm, CEO of Costa Crociere S.p.A. “It is significant not only for us but also for Italy in general and Venice in particular. The Costa Diadema consolidates our alliance with Fincantieri, which has already resulted in the building of 10 new ships for us since 2000, worth a total of almost 5 billion euros.”

"The end of year is approaching and it's time for us to take stock. 2012 has been an extremely difficult year, especially for shipbuilding,” said Giuseppe Bono, CEO of Fincantieri. “Today, as we start work on what will be another splendid ship for our friends at Costa, we’re looking to the future with a bit more certainty."

Costa will invest around 550 million euros in the new flagship. Costa Diadema will be the largest cruise ship flying the Italian flag, at 132,500 gross tons, 1,004 feet long, 122 feet in the beam, carrying 4,947 total guests and 1,253 crew members, with 1,854 guest cabins.

Costa Cruises is Europe’s no. 1 cruise company (www.costacruise.com). For more than 60 years its ships 
have plied the seas of the world, offering the best in Italian style, hospitality and cuisine. Its fleet, the largest in Europe, has 14 ships in service and one new ship to be delivered in October 2014. Costa Cruises has been certified by RINA (Italian Shipping Register) with the BEST4, an integrated system of voluntary certification for social accountability (SA 8000, issued in 2008), environment (UNI EN ISO 14001, 2004), safety (OHSAS 18001, 2007) and quality (UNI EN ISO 9001, 2008). All the ships in the Costa fleet have been assigned RINA’s Green Star notation certifying that they are operated in compliance with the highest environmental protection standards.
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