Italian shipbuilding major Fincantieri has secured a €600m order to build a new cruise ship for Princess Cruises, a brand of US cruise group, Carnival.
The 143,000t ship, which will have the capacity to carry about 3,560 passengers, is scheduled to enter service in 2017.
The new vessel will be built in-line with the design platform used by Princess Cruises for its existing fleet, Royal Princess and Regal Princess. The two sister ships entered service in 2013 and May, respectively.
Princess Cruises president Jan Swartz said: "We are incredibly excited to add this fabulous new ship to our already formidable fleet.
"Royal Princess and Regal Princess have been exceptionally successful for us and have received numerous accolades from guests, travel agents and media, so adding another sister ship will allow us to take Princess to the next level.
"We're very pleased that this new ship order is an indication of the confidence that our parent Carnival Corporation has in the future of the Princess brand."
Details about the ship's amenities and deployment will be revealed in the near future, the shipbuilder said.
Fincantieri CEO Giuseppe Bono said: "Our objective has always been to build ships of the future, and thanks to the Carnival Group, the leading market player, which has reconfirmed its well-founded confidence in us, we have proven over time not only to have kept faith with this ambitious goal but also to have been able to consolidate our world leadership in a segment of absolute technological excellence, like cruise ships."