MSC and Fincantieri have finalised contracts for four luxury cruiseships worth more than EUR 2bn ($2.3bn).

Pierfrancesco Vago, executive chairman of MSC’s cruises division, said: “With this now firm order, MSC is entering a new segment that bears significant potential globally.

"While we already serve the premium market with the MSC Yacht Club featured on MSC Cruises’ fleet, our new true luxury brand will deliver to this separate and fast-growing segment with super-yacht vessels and an experience to match that."

An agreement was reached last October for the 64,000-gt vessels.

Delivery is set from spring 2023 up to 2026.

In June, MSC Cruises ordered a fifth LNG-powered Meraviglia-class cruiseship in a deal with STX France.

The EUR 900m 183,500-gt vessel will be delivered in 2023 with dual-fuel engines and an advanced wastewater treatment system compliant with the world’s most stringent regulatory standards.