Germany's KfW IPEX-Bank has unveiled a financing deal worth more than EUR 2.5bn ($2.97bn) for Royal Caribbean's two new dual-fuel cruiseships at Meyer Turku.

It is leading a consortium backed by Finnish export credit agency (ECA) Finnvera and the German equivalent Hermes to fund the 200,000-gt Project Icon vessels, which are due from the Finnish yard in 2022 and 2024.