TRIESTE - Carnival (NYSE:CCL) Corporation, a dominant force in the global cruise industry, is nearing the completion of a significant agreement with Fincantieri, the renowned Italian shipbuilding company. This ambitious project aims to shatter records by creating the largest cruise ships in the world, with each vessel exceeding 200,000 gross tons.The deal, estimated at over $5 billion (€7 billion), includes the construction of an initial set of four ships. The first of these innovative vessels is scheduled for launch by Q4 of 2028. These mega cruise ships will be designed to house an impressive number of guests, with the capacity to accommodate approximately 7,000 guests and an additional 2,500 crew members.Fincantieri, currently involved in the completion of the Sun Princess and Star Princess for Princess Cruises and the Queen Anne for Cunard Line, anticipates the Queen Anne to make its grand debut later this year.While competitors such as Royal Caribbean (NYSE:RCL) and MSC Cruises currently operate within this ship class range, specific details regarding Carnival's upcoming giants' design features and energy sourcing are yet to be revealed. This venture represents a significant step forward in the cruise industry's capacity and demonstrates Carnival Corporation's commitment to pushing boundaries in their offerings.
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