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Regent Seven Seas Cruises orders new cruise ship

Seven Seas Explorer

Norwegian Cruise Line Holdings Ltd. announced an order for a new ship for Regent Seven Seas Cruises.  The new vessel will be a sister ship to Seven Seas Explorer. The ship will be designed and built by Fincantieri S.p.A. for delivery in late 2023.

Accommodating up to 750 guests, the new ship will be Regent's sixth-all-suite vessel. Details regarding her itineraries, accommodations, dining venues, amenities and onboard experiences will be revealed leading up to her 2023 debut. Voyages for the ship’s inaugural season will go on sale in 2021.

“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.”

The contract price for the vessel is approximately €475 million.  The Company has obtained export credit financing with favorable terms to fund 80 percent of the contract price of the ship, subject to certain Italian government approvals.