The shipbuilder didn’t provide a value for the order, placed by Norwegian Cruise Line, but a person familiar with the deal said the contract is valued around $9.3 billion.

Norwegian Line Holdings (NCL) and Italian shipbuilder Fincantieri said on Wednesday they had agreed a deal for four new cruise liners, which a source close to the matter said was worth around 9 billion euros ($9.

Fincantieri announced in a press release that its Letter of Intent with Norwegian Cruise Line Holdings, first disclosed on April 8, 2024, has been finalized into a firm order for four new cruise ships for the Norwegian Cruise Line (NCL) brand.

Norwegian Cruise Line had already announced it was planning to compete with Royal Caribbean in the big-ship game, but details on just how big its new Pinnacle class would be were revealed

An order by Norwegian Line Holdings with Italy's Fincantieri for four new cruise ships is worth around 9 billion euros ($9.34 billion), a source close to the matter said on Wednesday.

Norwegian Cruise Line (NCL) has confirmed an order for four new ships. The shipbuilder Fincantieri announced the letter of intent signed by the line on April 8, 2024, has been converted into a firm order for construction. Subject to financing and other customary conditions, the order represents a contract valued at over €2 billion.

Italian shipmaker Fincantieri locked up its largest ever order for cruise liners, agreeing to build four new vessels for Norwegian Cruise Line Holdings Ltd. for about €9 billion ($9.4 billion).