Wednesday, April 10, 2024

UPDATE: Work Begins On Disney Cruise Lines Global Dream Ship, Could Be Delayed Until 2026 WDW News Today

global dream cruise ship

The onboard retail shops cover an area of ~18000 ft2 (1680 m2) and sell ultra-premium merchandise in the categories Food & Gifts, Beauty & Fragrance, Fashion & Accessories, Watches & Jewelry, with product introductions, brand-firsts and unique promotions. With GT 204,000 tons and max passenger capacity 9500, Global Dream is one of the largest passenger liners in the world. For comparison, the ever-largest (Royal Caribbean's Oasis-Class) have GT tonnage 228,000 tons. The brand already has two more new vessels on order for delivery in 2024 and 2025.

Global Dream in the News

In order to expand the Disney Cruise Line vacation experience to new international locations, Disney has been negotiating to acquire a mega cruise ship that was only about 75% complete when the original company went bankrupt. The cruise ship then known as the Global Dream will be finished in Wismar, Germany, by Disney and the prestigious Meyer Werft shipbuilding business. On January 9, 2017, MV WERFTEN signed a contract with ABB for the delivery of Azipods (power-propulsion units), automation systems and the marine software for all 5 new Genting ships ordered for the brands Crystal and Star. The three Crystal vessels are from the Crystal Endeavor series superyachts (Polar Class 6) - the first purpose-built ships for the contemporary Chinese market regarding onboard amenities and services (food, culture events, shows, enrichment programs, shopping, tours/excursions. The building of cruise ships is a new challenge and the great chance to prove that shipbuilding in Mecklenburg-Western Pomerania has a future,” said the Prime Minister of Mecklenburg- Western Pomerania, Manuela Schwesig.

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The cruise line has also revealed that Disney Adventure will feature innovative Disney experiences along with the entertainment, dining and guest service features found throughout Disney Cruise Line's fleet. Overall gross tonnage -- actually a measurement of space, not weight -- is set at roughly 208,000. By passenger volume, this makes the ship slightly smaller in size compared to Royal Caribbean's existing Oasis-class ships like Wonder of the Seas or the upcoming Icon of the Seas and even MSC Cruises’ new megaship, MSC World Europa. Under construction since 2018 and delayed due to the pandemic, the ship -- initially dubbed Global Dream -- was previously set to launch for Dream Cruises, catering mostly to Asian travelers, in 2022. However, Genting Hong Kong, the line's parent company, went bankrupt in early 2022, causing the unfinished ship to be put up for sale. After the completion of the Disney Wish, two more ships were expected to join the fleet.

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The administrator Christoph Morgen reportedly told a press conference on Friday that the ship needed to be moved out of MV Werften’s Wismar shipyard by the end of the year because the yard had been sold to Thyssenkrupp’s naval unit, which plans to build military vessels there. Disney expects that its new ship will accommodate approximately 6,000 passengers with around 2,300 crew members. The 342-metre liner, about as long as a football field and designed to carry 9,500 passengers, was heralded as ushering in a new era of mega ships that could tap Asia’s growing cruising market. The newbuilds were planned for assembly at 3 different MV Werften-owned shipyards. GHK's total investment in this shipbuilding project was ~EUR 3,1 billion (~USD 3,44 billion).

global dream cruise ship

The liquidator for the shipyard had been seeking a buyer for the cruise ship preferring a company that would complete the ship in Germany to also provide employment for the workers of the closed shipyard in Wismar. Disney had emerged as the front-runner in October after a group led by Stena dropped out. Disney reports under the terms of the acquisition it has agreed to complete the ship, which will be renamed, at the Wismar shipyard with Meyer Werft supervising the project. Employees of the former MV Werften will be offered work that would keep them employed until Thyssenkrupp Marine Systems (TKMS) begins operations at the site in 2024. TKS had previously agreed with the liquidators that the yard facilities could be used to complete the cruise ship.

On July 31, 2018, the shipbuilder MV WERFTEN Wismar GmbH contracted Almaco Group to install the new ship's staterooms (pre-fabricated cabin modules) and other equipment. By this deal, Almaco will install all the Wismar Shipyard-produced staterooms (all passenger and crew cabins), various crew-only areas, hallways and staircases. Almaco will manufacture and supply all the ship's suite cabins, which will be installed at the Warnemunde-Rostock Shipyard. Space Cruiser has 300 m (985 ft) long track and 3 Spike carts (with positive locking devices and powerful electric motors).

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Her sister ship, also under construction but not nearly as completely finished, is to be scrapped. Speculation not only included the idea of another line purchasing the vessel, but also that the ship might have been scrapped before it was ever completed. Now, the finishing will be completed according to Disney Cruise Line’s specifications. The ship will have capacity for approximately 6,000 guests and will come methanol-ready. Originally ordered for Genting’s Dream Cruises and under construction in Germany at MV Werften, Disney bought the ship in a half-finished state following Genting’s demise in 2022.

A sixth ship -- Disney Treasure -- is currently under construction and is expected to join the fleet in 2024. “MV Werften planned to finish construction of the vessel, repay all debt, repay the state and have some equity value left,” said Morgen. Most of the interested parties are cruise ship companies or operators backed by private equity, he said. Some serious investors have already signed non-disclosure agreements to engage in talks.

global dream cruise ship

Mr Morgen declined to give a price for how much it will cost to complete the ship but said he wants interested buyers to bid for the whole value of the completed vessel and not simply “completion costs plus a little on top". Its powerplant is based on Wartsila 32 methanol engines as opposed to the popular dual-fuel engines running on either LNG or conventional marine diesel fuels (LFO-Light Fuel Oil, HFO-Heavy Fuel Oil, or biofuel). MS Global Dream has a huge duty-free shopping mall (DFS-T Gallery at Sea) operated via partnership between Genting Cruise Lines, DFS and Starboard Cruise Services. DFS Group (1960-founded, Hong Kong China-based travel retailer) and Starboard Cruise Services (1958-founded premier cruise retailer) are both subsidiaries of LVMH (1987-founded, Paris France-headquartered multinational).

With facial recognition, there will be minimal queuing for boarding, disembarkation and payments; contextual marketing to even out demand on ship facilities and other artificial intelligent systems. The keel laying ceremony for the Global-Class flagship took place at MV WERFTEN’s Rostock shipyard on September 11, 2018. The video of the ceremony is embedded below, but at the time of publication can only be watched on YouTube.

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He is optimistic a deal will be struck before or by summer, when the shipyard in Wismar, Germany that is building the mega Global Dream runs out of money. Once that happens, it will be harder for the shipyard to return to normal operations, he said. MV Werften’s provisional insolvency in early January was a critical turning point for the company, which became the world’s biggest cruise operator to seek court assistance to protect its assets during the Covid-19 pandemic when it filed a wind-up petition days later. The vessel's waste and water management system was provided by Evac (the world's leading company building integrated waste-wastewater-water management systems). The company's Complete Cleantech Solution package includes a vacuum collection system, wastewater treatment plant, dry and wet waste treatment plant, freshwater desalination plants (based on reverse osmosis). The freshwater generation plants have capacity to produce 3000+ m3 of freshwater per day.

Disney Cruise Line acquires the unfinished Global Dream cruise ship, a 208,000 gross ton vessel expected to set sail in 2025. Weighing in at about 208,000 gross tons, the ship is expected to be the first to run on green methanol, an emerging fuel source with lower emission levels than liquefied natural gas. Demand for cruise ships has collapsed since the start of the coronavirus pandemic.

It also said the vessel, which will be renamed, would be based outside of the United States. It’s also worth noting that the Walt Disney Company umbrella has experienced a massive executive shakeup lately, with former CEO Bob Iger being brought back to replace Bob Chapek. Whether this development will affect these “new” ship plans for Disney Cruise Line is still to be seen. Reports indicate it was likely the price that swayed Disney to acquire the ship -- once valued at 1.8 billion Euros -- for a staggering discount of only 40 million Euros. Disney Cruise Line is scheduled to embark on a new adventure in Asia with its upcoming ship -- the appropriately named Disney Adventure. Keeping its original name, the vessel is now in service for its new operators – who are tied to the former owners of Dream Cruises – in Southeast Asia.

Global Dream II, which was designed to hold more than 9,000 passengers, had almost been completed at a shipyard on Germany’s Baltic coast. However, the shipbuilder MV Werften filed for bankruptcy in January 2022 and the administrators cannot find a buyer for Global Dream II. The Global class is a class of cruise ships constructed by the German shipbuilder MV Werften for Genting Hong Kong.

Both sites will be needed to manufacture the 204,000 gross ton Global Class ship, the largest to be built in Germany. GLOBAL DREAM, the flagship of the Global series was originally set to leave the MV WERFTEN Wismar shipyard in 2021. There was a second sister ship under construction as well, but that was sold for scrap. Disney Cruise Line officially announced the acquisition of the partially completed GLOBAL DREAM cruise ship yesterday and provided a single early conceptual rendering of the exterior. No matter what happens to the ship, it will be a better fate than befell its sibling.

Global Dream II was also in the process of being built by MV Werften when the company declared bankruptcy. Earlier this year, the project was scrapped entirely, despite having already cost $1.4 billion, according to Jalopnik. Nearly a quarter of a billion dollars would be required to complete construction, which might explain why no one has attempted to salvage the project.

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