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Expanding Luxury: Regent Seven Seas Cruises® Announces Order For Third Explorer-Class Ship

January 17, 2019 Cruise News No Comments
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Regent Seven Seas Cruises®, the leading luxury ocean cruise line, today announced an order with Italy’s Fincantieri S.p.A. to build another stunning cruise ship that will continue to set thestandard for defining elegance at sea. http://www.Germany.travel/en/index.htmlWith delivery scheduled in late 2023, the new vessel will be a sister ship to the award-winning Seven Seas Explorer ®, The Most Luxurious Ship Ever Built™, and Seven Seas Splendor TM,the ship that perfects luxury.

Accommodating up to 750 guests, the intimate and spacious new ship will be Regent Seven Seas Cruises’ sixth-all-suite vessel. Details about her itineraries, suites, restaurants, amenities and onboard experiences will berevealed leading up to her 2023 debut. Voyages for the ship’s inaugural season will go on sale in 2021.

“Since debuting in 2016, Seven Seas Explorer has solidified her reputation as the most luxurious ship ever built based on the continuous awards and guest accolades she earns,” said Jason Montague, president and chiefexecutive officer of Regent Seven Seas Cruises. “When Seven Seas Splendor’s inaugural season went on sale in April 2018 we set a new single-day booking record for our 26-year-old company, demonstrating the anticipationfor her 2020 arrival. Each new ship is progressively more successful. Our growth is a reflection of the amazing people who work across our fleet, our valued shoreside employees, our loyal guests and their trusted traveladvisors.”

Montague added, “Over the past 12 months Regent Seven Seas Cruises has completed a $125 million remodeling of our fleet, started construction on Seven Seas Splendor, unveiled our 2020-2021 Voyage Collection with167 itineraries and new ports, introduced new relaxed outdoor evening dining venues on our ships, debuted the most immersive luxury Cuban voyage itineraries, revealed Go Local Tours and Regent Choice smallgroup shore excursions, and now we announce one more category-defining luxury cruise ship. These are exciting times for everyone associated with Regent Seven Seas Cruises and we can’t wait to show you what’s next.”

The contract price for the vessel is approximately €475 million. The Company has obtained export credit financing with favourable terms to fund 80 percent of the contract price of the ship, subject to certain Italiangovernment approvals. Regent Seven Seas Cruises is owned by Norwegian Cruise Line Holdings Ltd., which also owns Norwegian Cruise Line and Oceania Cruises.

“We are excited to build on the spectacular success of Seven Seas Explorer and Seven Seas Splendor as we embark on bringing to life a new vessel that will set an even higher benchmark for elegance, luxury and style,” saidFrank Del Rio, president and chief executive officer of Norwegian Cruise Line Holdings Ltd.

“This new ship further strengthens our Company’s robust yet measured growth profile with vessels now on order for all three of our award-winning brands, enabling us to expand our presence globally, further diversifyour product offerings and continue to drive shareholder returns.”

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