Two brand new ships will be added to Disney Cruise Line in the latest expansion announced today at the Walt Disney Company 2016 Annual Meeting of Shareholders.

The ships are projected to be completed in 2021 and 2023 with design plans, ship names and itineraries still in development, said Bob Chapek, chairman of Walt Disney Parks and Resorts.

“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 CEO Robert A. Iger at the annual meeting held this year in Chicago.

A company press release has these details:

Each new ship will be approximately 135,000 gross tons – slightly larger than the newest Disney Cruise Line ships, the Disney Dream and the Disney Fantasy – and each is currently planned to include about 1,250 guest staterooms.

Disney Cruise Line later celebrated the news with a special Sail Away Party onboard the Disney Magic, the very first Disney ship.

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Inside the Magic will have more news on this developing story as it comes in.