Top luxury line Regent Seven Seas Cruises in July will launch what’s being billed as the most luxurious cruise ship ever – the Seven Seas Explorer – and now it’s got a new deal with an Italian shipyard to build another “Explorer Class” vessel. The second Explorer ship will debut in 2020.
Regent’s parent company, Norwegian Cruise Line Holdings, says the new Explorer-class vessel will build on the runaway success of Seven Seas Explorer, the first newbuild for Regent Seven Seas Cruises in 14 years. “Guests can anticipate exquisite gourmet dining, plush lounges and spacious accommodations, including a rendition of the Regent Suite, a new class of ultra-luxurious suite that will debut on Seven Seas Explorer,” it says. Expanded details for the new ship, which will be built by Fincantieri, will be announced later.
“When we began conceptualizing Seven Seas Explorer a little over four years ago, we knew from the onset that she would be something special and make an immediate and lasting impression in the marketplace,” says Frank Del Rio, president and chief executive officer of Norwegian Cruise Line Holdings. “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.”
“We knew immediately from the overwhelmingly positive response we received from travel partners and past guests that Seven Seas Explorer was going to resonate with guests searching for the ultimate in luxury travel,” adds Jason Montague, president and chief operating officer of Regent Seven Seas Cruises. “The extraordinary demand generated by Seven Seas Explorer, including record-breaking booking volumes, reinforced our decision to expand our fleet with an additional ship that mirrors the same incredibly high standards of luxury.”
The contract price for the vessel is $481 million and the company says it has committed financing in place from a syndicate of banks for export credit financing in connection with the order.
Meanwhile, the maiden voyage of Seven Seas Explorer will be a 14-night sailing from Monte Carlo to Venice on July 20, 2016. The ship will remain in Europe for the majority of its inaugural season, sailing 11 voyages that crisscross the Mediterranean before making its North American debut in Miami in December. A 10-night Venice to Rome in August starts at $9,799 per person, double.