A big weekend for the world's largest cruise company as Carnival Corporation finalizes contracts with Italian shipbuilder Fincantieri to build five new cruise ships costing more than $3.4 billion.

The final order adds a fifth ship to a memorandum of agreement between Carnival and Fincantieri announced in December 2015 calling for the construction of just four ships by 2020.

The ships include two that will be built for Costa Asia for deployment in China, two for Princess Cruises and one designated for P&O Cruises Australia, with deliveries expected in 2019 and 2020, Carnival said over the weekend.

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Source: http://gcaptain.com/