(6:41 a.m. EDT) -- French cruise line Compagnie du Ponant has signed a contract for a fourth Boreal-class cruise ship with Italian shipyard Fincantieri.
The new ship will be exactly the same as its sisters Le Soleal, L'Austral and Boreal. It is scheduled for delivery in spring 2015.
It will accommodate 264 passengers and 140 crew in 132 cabins and suites. All cabins have a sea view and 95 percent have a private balcony.
There will be two restaurants onboard, a theatre, a lounge and a small spa. Like its sister ships, the design will be similar to a minimalist boutique hotel, with inside décor in taupe, cream and white.
The ship's small size means it will be able to access destinations that other larger vessels cannot, and will also offer itineraries to far flung destinations such as Alaska during the summer and to Australia and New Zealand in the winter.