Carnival orders a new ship

[David Harrison]

Carnival orders a new ship costing $738 mn
The new 3,690-passenger ship, is scheduled to enter service in 2012.

The third in the Carnival 'Dream Class' of ships to be built at Fincantieri (Italy), will feature an aqua park with a 300-foot water slide, a live entertainment venue and a 23,750-square foot spa.

Miami-based Carnival told analysts last month that another new ship order could be announced by the end of this year.