P&O, the shipping group, has ordered two new ships at a cost of around $850m (pounds 522m) to be build in Italy. The two ships will be sisters to Grand Princess, will weigh 109,000 tons and carry 2,600 passengers. It said the ships would be delivered in the spring and autumn of 2001. Together with the other three Princess ships currently under construction, these new orders will double the size of the Princess Cruises fleet.
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