Further details are now surfacing around Disney’s recent acquisition of a partially completed ship to join the Disney Cruise Line Fleet.

Disney announced in mid-November 2022 that it had purchased the ship previously known as the Global Dream in Wismar, Germany.

According to a report by capital.de, Disney purchased the “Global Dream” at a hugely discounted price of just 40 million euros ($41 million). The original price was closer to 1.8 billion euros, and the ship is 75% complete.

The report also says that Disney will assume all risk with the conversion of the ship, and will have no warranty claims on the ship. Disney is expected to spend just under 1 billion euros to finish the ship which is expected to set sail in 2025.

Disney has said that the new ship will be based outside the United States and will travel to new global destinations.

“Our cruise ships give us the unique opportunity to bring Disney magic to fans no matter where they are, and the addition of this ship will make a Disney Cruise Line vacation accessible to more families than ever before,” said Josh D’Amaro, chairman , Disney Parks, Experiences and Products.

You can read more about the new ship here.