Fincantieri has entered into a memorandum of agreement (MoA) with Princess Cruises, brand of Carnival Corporation, for the construction of two next-generation 175,000-ton cruise ships. The Italian shipbuilder said that the newbuilds, to be delivered in late 2023 and in spring 2025, would be the largest ships built so far in Italy.

The vessels will hold  around 4,300 guests and will be based on a next-generation platform design. They will be Princess Cruises' first ships to be dual-fuel powered primarily by liquefied natural gas (LNG).

According to Jan Swartz, President of Princess Cruises, this revolutionary platform for next-generation, LNG-powered cruise ships will introduce innovative design and leisure experiences driven by the future vacation and lifestyle trends of their guests.