Silversea Cruises Places Orders for Three New Ships

  • Business & Finance

The ultra-luxury and expedition cruise company Silversea Cruises, which recently joined the Royal Caribbean Cruises family, has unveiled its intention to order three new cruise ships.

Silversea signed a memorandum of understanding with German shipbuilder Meyer Werft to build two new vessels in a new Evolution Class. The first Evolution-class ship is expected to join its owner in 2022.

The company also signed a contract with Dutch shipbuilder Shipyard De Hoop to construct a new expedition vessel, named Silver Origin, that will serve the Galapagos Islands itinerary currently sailed by Silver Galapagos. The new 100-guest ship would be delivered in March 2020.

“There is tremendous potential in the ultra-luxury and expedition markets of the cruise industry, and we believe discerning travelers will embrace the exciting designs Silversea is imagining for them,” said Richard D. Fain, Chairman and CEO of Royal Caribbean Cruises, which finalized its two-thirds acquisition of Silversea earlier this year.

The agreements are subject to certain contingencies which are expected to be completed in the first quarter of 2019.

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