Norwegian Cruise Line Holdings Ltd. announced an order for the next generation of ships for Oceania Cruises. The two Allura-Class ships mark the next phase of the line's OceaniaNEXT initiative and will be designed and built by Fincantieri S.p.A. for delivery in 2022 and 2025. The two 67,000 gross ton Allura-Class ships will each accommodate approximately 1,200 guests. This new class of mid-size cruise vessels will retain all the warmth, popular design elements, and signature amenities of the line's award-winning Marina and Riviera while affording guests an elevated level of comfort and convenience with the addition of new luxury offerings. The contract price for each of the two vessels is approximately €575 million per ship. The Company has obtained export credit financing with favorable terms to fund 80% of the contract price of each ship, subject to certain Italian government approvals. With this announcement, Norwegian Cruise Line Holdings has ten ships on order for delivery through 2027 including seven ships on order for Norwegian Cruise Line, two for Oceania Cruises and one for Regent Seven Seas Cruises. The Company will take delivery of its newest ship, Norwegian Encore, in fall 2019.