Princess Cruises, a leading global cruise brand of Carnival Corporation & plc, the world’s largest leisure travel company, announced a memorandum of agreement with Italian shipbuilder Fincantieri S.p.A. to build two new cruise ships on a next-generation platform. The new builds are slated to be delivered in late 2023 and spring 2025, respectively.

The new vessels will be Princess Cruises’ first ships to be dual-fuel powered—primarily by Liquefied Natural Gas (LNG)—which will significantly reduce air emissions and marine gasoil (MGO). The new ships, which will be the largest by capacity in the Princess Cruises fleet, will be built at Fincantieri’s shipyard in Monfalcone, Italy.

The two ships will be 175,000 gross tons and will accommodate approximately 4,300 guests (lower berths). Specification details for the ship design, along with anticipated features and amenities of this all-new platform design for Princess Cruises, will be shared in the future.

The agreement for Princess Cruises’ next-generation cruise ships represent Carnival Corporation’s 10^th and 11^th contracted LNG-based vessels. Carnival Corporation currently has 20 new ships under contract and scheduled for delivery between 2018 and 2025.