Regent Seven Seas Cruises announces order for third explorer class ship
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 the standard for defining elegance at sea. With delivery scheduled in late 2023, the new vessel will be a sister ship to the award-winning Seven Seas Explorer ®, The Most Luxurious Ship EverBuilt™, 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 onboardexperiences will be revealed 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 chief executive 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-oldcompany, demonstrating the anticipation for 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 travel advisors.”
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 2020-2021Voyage Collection with 167 itineraries and new ports, introduced new relaxed outdoor evening dining venues on our ships, debuted the most immersive luxury Cuban voyage itineraries, revealed GoLocal Tours and Regent Choice small group shore excursions, and now we announce one more category-defining luxury cruise ship. These are exciting times for everyone associated with Regent SevenSeas 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 tocertain Italian government 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,” said Frank 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 diversify our product offerings and continue to drive shareholder returns.”
Fincantieri is currently building Seven Seas Splendor at its Ancona, Italy shipyard, with relentless focus on perfecting every detail during construction so the ship’s inspired design truly dazzles guests as a workof art.
“This agreement is the perfect seal of the work our Group has carried out over the years and the role we have gained in the market. We are able to enter and maintain a reference market presence inevery niche, including the most unique and competitive ultra-luxury one in which Regent Seven Seas Cruises operates. Quality is the shipowner’s hallmark and it entrusted Fincantieri once again,” statedGiuseppe Bono, CEO of Fincantieri.
About Regent Seven Seas Cruises
Regent Seven Seas Cruises is the world’s most inclusive luxury experience with a modern, six-ship fleet that visits more than 450 iconic and immersive destinations around the world. The cruise line’s faresinclude all- suite accommodations, the largest collection of free, unlimited shore excursions, unlimited internet access, highly personalised service, exquisite cuisine, fine wines and spirits, prepaidgratuities, ground transfers and one-night, pre-cruise hotel package for guests staying in Concierge-level suites and higher. In 2018 the cruise line concluded a $125 million refurbishment program of SevenSeas Mariner, Seven Seas Voyager and Seven Seas Navigator to elevate the fleet’s elegance to the benchmark set by Seven Seas Explorer and, in 2020, Seven Seas Splendor. For the latest news, please visit www.RSSC.com/news; like the line’s Facebook page; and follow @RegentCruises on Twitter.