Carnival orders two Princess newbuildings

The agreement is subject to execution of a definitive contract, financing and other customary closing conditions.

The new ships, which will have an all-in cost of approximately euro 155,000 per lower berth, are scheduled to enter service in spring 2013 and spring 2014. At 139,000 grt each, the as-yet-unnamed ships will be the largest in the Princess Cruises fleet.