Disney announces two new cruise ships

CHICAGO -- Disney CEO Bob Iger announced on Thursday Disney Cruise Line will add two new cruise ships to its existing fleet over the next several years.

The announcement was made during the company's annual meeting of shareholders. Iger said the new ships will launch in 2021 and 2023.

The cruise line current has four ships -- Magic, Wonder, Dream, Fantasy. The most recent addition to the fleet, the Fantasy, entered service in 2012.

"We pride ourselves on the unforgettable vacation experiences we deliver to our guests each and every day, and the expansion of our Disney fleet will allow us to create even more magical memories for families at sea and in incredible cruise destinations around the world,” said Iger.

The Meyer Werft shipyard in Germany will build the ships.

The new ships will be approximately 135,000 gross tons. The Dream and Fantasy are both listed at just under 130,000 gross tons. The new ships will have 1,250 guest staterooms, the same number as the Dream and Fantasy.

The company's first ship, the Disney Magic, entered service in 1998. The company has introduced several firsts for the cruising industry including fireworks at sea, virtual portholes, and water coasters at sea.