Norwegian Cruise Line Holdings Ltd. announced an order with Fincantieri S.p.A. of Italy to construct four Project Leonardo Class ships which are expected to be delivered in 2022, 2023, 2024 and 2025, with an option for two additional ships expected to be delivered in 2026 and 2027. On July 12, 2018, NCLH confirmed its previously announced option with Fincantieri S.p.A. for the fifth Project Leonardo Class ship for delivery in 2026 (the Leo 5 Vessel) and the sixth Project Leonardo Class ship for delivery in 2027 (the Leo 6 Vessel). The effectiveness of the order for the Leo 5 Vessel and the Leo 6 Vessel is subject to certain conditions, including certain approvals by SACE S.p. A (SACE) and Società Italiana per Le Imprese all' Estero - SIMEST S.p.A. (SIMEST). The contract price for each ship will be €800,000,000 and is subject to adjustment under certain circumstances. On January 8, 2019, NCLH announced an order with Fincantieri S.p.A. of Italy to construct two additional ships, which are expected to be delivered in 2022 (the OCI 1 Vessel) and 2025 (the OCI 2 Vessel” and, together with Leo 5 Vessel, Leo 6 Vessel, and OCI 1 Vessel, the Ships). The effectiveness of the order for the OCI 2 Vessel is subject to certain conditions, including certain approvals by SACE and SIMEST. The contract price for each ship will be €578,700,000 and is subject to adjustment under certain circumstances.