Carnival Corp. & plc announced that it had signed a memo of agreement with Fincantieri S.p.A., Italy to build 4 new cruise ships with final contracts executed in 2016.
With the new agreement, Carnival Corporation has 17 new ships scheduled to be delivered between 2016 and 2020.
The four new ships will be built by Fincantieri, at the company's shipyards in Monfalcone and Marghera, Italy, with deliveries expected in 2019 and 2020. The two new 135,500-ton ships for Costa Asia and one new ship for P&O Cruises Australia will carry 4,200 passengers.
Additionally, Princess Cruises' new 143,700-ton ship will carry 3,560 passengers and will be its fourth "Royal Princess" class vessel, featuring the design platform used on Royal Princess, Regal Princess and Majestic Princess scheduled for delivery in 2017.
Each of the four new ships will be specifically designed and developed for the brand and guests it will serve, and support the company's overall goal of providing exceptional vacation experiences for its guests.
Both Costa ships will be built for the Chinese market.
The new P&O Cruises Australia ship will join the leading cruise line's fleet that was recently expanded with the addition of Pacific Aria and Pacific Eden in November 2015 and will reach six total with the introduction of Pacific Explorer in 2017.
The new 4,200-passenger ship will have the largest passenger capacity from the line, with the next largest ship, Pacific Explorer, carrying 2,250 passengers, and will continue the brand's tradition of innovative ships that reflect modern Australia.