Fincantieri has secured a contract worth roughly €310m from Monaco-based Silversea Cruises to construct a new ultra-luxury cruise ship.

The new vessel will feature a capacity of 40,700t and will be able to carry up to 596 passengers on-board. 

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It is currently scheduled for delivery by 2020.

The vessel is also set to feature small-ship characteristics and all-suite accommodations, and will help Silversea Cruises to expand its fleet to a total of ten ships.

The ship is tentatively named ‘Silver Moon’ and will be a sister ship of ‘Silver Muse’, which was delivered in April this year at Fincantieri’s yard in Sestri Ponente, Genoa, Italy.

Silversea Cruises chairman Manfredi d'Ovidio said: “Based on the high praise Silver Muse has earned with our guests, we are eager to build on our flagship's success and move forward with a sister ship, which will bring us closer to fulfilling my father's dream of a 12-ship fleet.”

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"Based on the high praise Silver Muse has earned with our guests, we are eager to build on our flagship's success and move forward with a sister ship."

The planned ship will include Green star 3 Design notation, which is a rating system assigned to units that are designed, built and equipped to prevent air and water pollution.

It will also feature ‘COMF-NOISE A PAX’ and ‘COMF-NOISE B CREW’ notations, which are designated on the basis of the ship's measurable noise levels.

Fincantieri CEO Giuseppe Bono said: “The ultra-luxury segment confirms to be among those embodying orders even after the peak of the past few years, and Fincantieri has again proved to be the undisputed shipbuilding group in this such prestigious market niche.”

Fincantieri has completed the construction of 78 cruise ships to date, and an additional 31 ships are currently being designed or built at the company’s yards.

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