Carnival’s brands include Carnival Cruise Lines, Holland America Line, Princess Cruises, Seabourn, AIDA Cruises, Costa Cruises, Cunard, Ibero Cruises, P&O Cruises in Australia, and P&O Cruises in Britain.
Foschi, speaking on the sidelines of a press conference, cited industry forecasts that cruise liners will see a total of seven million passengers a year by 2020 in Asia, up from just above one million now.
The Sapphire Princess will be deployed to Singapore from November 2014 to February 2015.
The luxury liner, which can carry 2,670 passengers, will bring travellers from Singapore to cities and exotic destinations in countries like Indonesia, Malaysia, Thailand and Vietnam.
Carnival already has a presence in China through its Costa Cruises brand, while Princess Cruises is setting up shop in Japan this month.