Princess Cruises Signs Final Contracts for Two Next-Gen Cruise Ships

Princess Cruises will officially take delivery of two new next-generation cruise ships in late 2023 and spring 2025, the cruise line announced Wednesday.

The world's fastest-growing premium cruise line has signed the final contracts with Fincantieri—one of the world's largest shipbuilding groups—to move forward on a pair of 175,000-ton vessels, which will be the largest ships ever built so far in Italy.

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Each ship will accommodate approximately 4,300 guests. Both will be the first Princess Cruises ships to be dual-fuel powered primarily by Liquefied Natural Gas (LNG), the marine industry’s most environmentally friendly advanced fuel technology and the world’s cleanest fossil fuel. The result will be significantly-reduced air emissions and marine gasoil usage.

"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," said Princess Cruises President Jan Swartz in a statement. "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."

"This result proves, once again, the trust we receive from the market, which allows us to look to the future with ambition," added Giuseppe Bono, CEO of Fincantieri. "It honors our great work focused on innovation thanks to which we have been able to offer to the client a record-breaking proposal not only in terms of size. Besides, we firmly believe that a new class of Princess Cruises’ ships, one of Carnival Group’s top brands, can stem from this promising project. In fact, for Princess Cruises, we have received orders for 21 ships, another unprecedented result in this industry."

Princess Cruises now has five ships being built over the next six years.

Princess Cruises recently activated Princess MedallionClass experiences onboard Caribbean Princess and Regal Princess and is expected to roll out MedallionClass vacations on Royal Princess—which just arrived at the Port of Los Angeles—Crown Princess and Sky Princess by the end of the year.