Fincantieri has won a contract worth more than €320m from Silversea Cruises for the construction of an ultra-luxury cruise ship.

Delivery of the new Silver Dawn vessel is scheduled to take place by the last quarter of 2021.

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When delivered, Silver Dawn will be a sister ship of Silversea’s Silver Muse vessel, which was launched from Fincantieri’s Sestri Ponente shipyard in Genoa, Italy, in April last year.

Silver Dawn represents the third ship of the Silver Muse class and the 11th ship of Silversea Cruises’ fleet.

Upon completion, the ship will be equipped with all-suite accommodations and will share many of Silver Muse’s qualities.

The latest contract follows a shipbuilding order placed by Silversea Cruises with Fincantieri in September. The order involved the construction of Silver Muse’s sister ship, Silver Moon, which is expected to be delivered in 2020.

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“Silver Dawn will bear the same hallmarks of quality that guests currently enjoy on our six-star ships.”

Silversea Cruises chairman Manfredi Lefebvre d’Ovidio said: “Silver Dawn will bear the same hallmarks of quality that guests currently enjoy on our six-star ships.

“We look forward to welcoming guests aboard in November 2021.”

Last year, Silversea Cruises added the expedition ships, namely Silver Explorer, Silver Galapagos, Silver Discoverer, and Silver Cloud, into its fleet.

The company currently offers luxury cruise services in the Mediterranean and Caribbean, as well as both Polar Regions and more than 900 destinations in between.

From 1990 until today, Fincantieri has built 82 cruise ships, while another 44 are currently being designed or built in the group’s yards.