Fincantieri announced today that it has signed a contract with Marc-Henry Cruise Holdings, which is the joint owner/operator of Four Seasons Yacht, for the construction of a third ultra-luxury cruise ship.

Delivery of the new vessel is scheduled for 2031. It is the third ship in a new class of ultra-luxury cruise ships designed and built by Fincantieri at its Ancona shipyard. The Four Seasons I debuted earlier this year and will be followed by a sister ship in early 2028, according to the Italian shipbuilder.

The new ship will retain the same residential-style, “all-suite” concept that characterizes the first vessel in the class. the companies said.

Pierroberto Folgiero, CEO and General Manager of Fincantieri, stated: “This new order represents another significant step in the development of our partnership with Marc-Henry Cruise Holdings LTD, which has become a benchmark for innovation in luxury hospitality at sea. The decision to expand the fleet with a third vessel reflects the strength of a long-term industrial vision and confirms market appreciation for a concept that has successfully created a new segment combining luxury hospitality with advanced shipbuilding. Designed and built at our Ancona shipyard, the vessel further reinforces the site’s role as a Fincantieri center of excellence for the construction of ultra-luxury ships, where innovation, craftsmanship, and industrial expertise come together to deliver the highest standards of quality and refinement.”