Italian shipbuilder Fincantieri has secured final contracts from Princess Cruises for the construction of two next-generation 175,000t cruise ships.

The latest contract follows the initial signing of a memorandum of agreement between the companies in July.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Deliveries of the two cruise ships are scheduled to take place in late 2023 and 2025, respectively.

Each vessel is based on next-generation platform design and will be capable of accommodating about 4,300 guests at lower berth.

Vessels will be dual-fuel powered primarily by the environmentally friendly advanced fuel technology liquefied natural gas (LNG), which will reduce air emissions and marine gas oil usage.

Each vessel will be designed to include the line’s MedallionClass platform and will be powered by their wearable device OceanMedallion technology.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
“Princess Cruises continues to grow globally, adding new ships to our fleet built by our long-time trusted shipbuilding partner.”

Princess Cruises president Jan Swartz said: “Princess Cruises continues to grow globally, adding new ships to our fleet built by our long-time trusted shipbuilding partner, Fincantieri, who brings decades of expertise to these next-generation cruise ships.

“Even more exciting is that these two ships are being designed to include our MedallionClass platform, powered by OceanMedallion, the most advanced wearable device available within the global hospitality industry.”

The technology, which delivers personalised service and interactive entertainment, is currently available on Caribbean Princess and Regal Princess.

By the end of the year, MedallionClass platform will be activated on Royal Princess, Crown Princess, and Sky Princess ships.

In January, Norwegian Cruise Line placed an order with Fincantieri for the construction of two Allura-Class ships for its Oceania Cruises brand.