The Walt Disney Company is expanding its cruise business by adding two new ocean liners, President and CEO Bob Iger said. Scheduled to launch in 2011 and 2012, the ships will more than double the passenger capacity for Disney Cruise Line. The company signed a letter of intent with Meyer Werft shipyard, based in Papenburg, Germany, to negotiate a contract to build the 122,000-ton new cruise liners, which will be two decks taller than the existing 83,000-ton ships, the Disney Magic and the Disney Wonder. Each ship will have 1,250 staterooms. Specific design plans and itineraries for the yet-unnamed ships are still in development and will be unveiled at a later date.