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Regent Seven Seas to build the world’s most luxurious cruise ship

ETW STAFFMumbai

Regent Seven Seas Cruises has announced that it has entered into a definitive contract with Italy’s Fincantieri shipyard to build the most luxurious cruise ship in the era of modern cruising with delivery scheduled in summer 2016.

Accommodating just 738 guests, the new ship will be named Seven Seas Explorer and will be the luxury line’s third all-suite, all-balcony ship. At 54,000 gross-registered tons, Seven Seas Explorer will be the largest vessel in the Regent Seven Seas Cruises fleet. The contract price for the vessel is approximately US$ 450 million, making Seven Seas Explorer the most expensive luxury liner ever built. Financing for the project is being arranged by Crédit Agricole Corporate and Investment Bank with support from SACE, Italy’s export credit facility.

“This new ship order represents an exciting time of growth for our company as we build the next generation of cruise ships for the world’s most inclusive luxury cruise line,” said Frank J Del Rio,  chairman and CEO, Prestige Cruise Holdings. “Seven Seas Explorer will be the most luxurious cruise ship ever built, boasting one of the highest space ratios and staff-to-guest ratios ever seen in the modern era of cruising enabling us to deliver the highly personalized service and extraordinary experience that is the hallmark of the Regent brand.”

Seven Seas Explorer will feature spacious and sophisticated designer suites, ultra-elegant public areas, a wide-range of gourmet dining options, a world-class spa and many other amenities all created with the personality, warmth and soul of classic and timeless design. “At Regent, we believe more is best,” Del Rio quipped.