Tuesday, 5 April 2016

Regent Seven Seas Cruises orders fifth ship

Regent Seven Seas Cruises orders fifth ship


Regent Seven Seas New Builds

Regent Seven Seas Cruises said it has ordered a version of its 750-passenger Seven Seas Explorer, which will add a fifth ship to its fleet.  

The line said it reached an agreement with the Italian shipyard Fincantieri to deliver the ship in 2020 at a price of about $480 million.

The Seven Seas Explorer, due in July, has had record-breaking pre-delivery sales.

“We expect that the positive impact on earnings and impressive return on investment from Seven Seas Explorer will be significant. and that her sister vessel will make a similar contribution,” said Frank Del Rio, president and CEO of Norwegian Cruise Line Holdings, Regent's parent company.
Regent's three other ships are Seven Seas Voyager, Navigator and Mariner.

Several luxury cruise lines have new ships on order, including Seabourn (launching the Seabourn Encore at the end of the year), Silversea Cruises (gaining the Silver Muse next year), and Crystal Cruises (building a trio of ships for delivery starting in 2018).