Italian shipbuilding company Fincantieri has signed a memorandum of agreement (MoU) to build two new cruise ships for US leisure travel company Carnival.

The proposed vessels will be built at Fincantieri’s two separate shipyards in Marghera and Monfalcone in Italy, and be deployed for use at Carnival’s Holland America Line and Princess Cruises brands.

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The agreement includes production of a 99,500t ship for the Holland America Line and a 145,000t vessel for Princess Cruises; deliveries are expected to take place by 2022.

The newly signed deal has brought Carnival’s total number of new ships to 19, which are scheduled to be delivered between 2017 and 2022.

Carnival CEO Arnold Donald said: “Our goal is to exceed expectations of the 11.5 million guests who sail with us each year, and these new ships will offer more opportunities for our guests to create lifelong vacation memories, while generating added excitement around the fast-growing global demand for cruise vacations.

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“Using our strategic fleet enhancement plan to introduce new ships is an important part of our measured capacity growth strategy, which includes replacing less efficient ships with newer, larger and more efficient vessels.”

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"Using our strategic fleet enhancement plan to introduce new ships is an important part of our measured capacity growth strategy."

Once completed, the Holland America Line's new ship will be the brand's third ‘Pinnacle’ class vessel, and will be able to accommodate 2,660 guests.

Princess Cruises’ new addition, meanwhile, will be its sixth 'Royal' class vessel and will boast a 3,660 passenger capacity. The vessel will feature designs that were previously included in ships specifically build for the Chinese market.

Fincantieri is currently building two other Princess Cruises vessels, which are both scheduled to be delivered by 2019 and 2020.

Image: Rendering of a newly ordered ship for Carnival. Photo: courtesy of Carnival Corporation & plc.