Kvaerner To Build Cruise Ship For Carnival

Carnival Corporation contracted with Finland's Kvaerner Masa-Yards for the construction of a new 86,000-ton cruise ship for its Carnival Cruise Lines unit. The 2,124-passenger vessel, the fourth in Carnival's "Spirit-class," will cost approximately $375 million and is expected to enter service in spring 2004.

To be named Carnival Miracle, the new vessel will join sister ships Carnival Spirit, set to debut April 29, 2001, and Carnival Pride and Carnival Legend, which are expected to be delivered late 2001 and summer 2002, respectively.