Miami-based Regent Seven Seas Cruises announced recently it’s entered a definitive contract with the Fincantieri shipyard in Italy to build a 738-guest cruise ship.
The all-suite, all-balcony vessel will be called Seven Seas Explorer, and is expected to be delivered in summer 2016 at a cost of about $450 million.
The hefty contract price makes it the most-expensive luxury ship ever built, according to Regent.
The Seven Seas Explorer will be the largest ship in Regent’s fleet, which currently stands at three ships: Seven Seas Navigator, Seven Seas Mariner and Seven Seas Voyager More Top Picks Black Friday Cyber Monday Robot Vacuum Deals
“This new ship order is part of our disciplined growth strategy to expand our footprint in the luxury market,” said Regent’s President Kunal S. Kamlani, in a news release.