Disney Cruise Line is owned by The Walt Disney Company and headquartered in Celebration, Florida. The business is run by President Tom McAlpin as part of the Walt Disney Parks and Resorts division.

It operates two cruise ships, the Disney Magic and the Disney Wonder, along with Castaway Cay, a private island in the Bahamas designed as an exclusive port of call for Disney's ships.

The Disney Magic began operation July 30, 1998. The Disney Wonder began operation August 15, 1999. The Disney Magic and Disney Wonder have 875 and 874 staterooms respectively. The ships are virtually identical in their design, with a few variations in restaurants and entertainment venues. Both contain areas designed exclusively for various age groups, including toddlers, young children, teens, and adults.

They are the first in the industry to be designed and built from the keel up as family cruise liners, with the goal of accommodating parents and children. In October 2006, additional family amenities were added to the Disney Wonder including features specifically geared toward toddlers, making the ship even more suitable for families with young children.

Disney Cruise Line was created in 1995 when the company commissioned its two ships at Fincantieri in Italy, ending an arrangement with Premier Cruises for the maritime segment of its vacation packages.

In February, 2007, Disney Cruise Line announced plans to build two new ocean ships. The ships are approximately 50% larger than the Magic and Wonder, and are scheduled to launch in 2011 and 2012. The company signed a letter of intent to negotiate a contract to build the 122,000-ton new cruise ship with Meyer Werft shipyard, based in Papenburg, Germany.

Disney Cruise Line offers three-, four- and seven-night cruises to various destinations in the Caribbean; a daytime stop at Castaway Cay is included in all itineraries. Cruises depart from Disney's Art Deco-themed terminal in Port Canaveral, Florida. Some "land and sea" packages include a stay at Walt Disney World Resort as well as transportation to the pier 50 miles away.