Silversea signs for three new cruise ships

Malcolm Latarche
Malcolm Latarche

09 October 2018


Three new vessels are on the cards for Monaco-based luxury cruise specialist Silversea Cruises just months after Royal Caribbean Cruises paid a reported $1Bn for a 66.7 majority stake in the company.

A joint statement by the two yesterday announced agreements to build three new ships – two at Meyer Werft in Germany and one at De Hoop in the Netherlands.

The memorandum of understanding with German shipbuilder Meyer Werft is for two new vessels in a new Evolution Class. The first Evolution-class ship is expected to deliver in 2022. Silversea 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 ship is expected for delivery in March 2020.

Silver Cruise

“We are delighted to have entered into an agreement with Meyer Werft on the Silver Evolution series and De Hoop for Silver Origin,” says Manfredi Lefebvre d’Ovidio, Silversea’s Executive Chairman. “With our guests in mind, we are pushing the boundaries of ultra-luxury cruising, as well as expedition cruising in the Galápagos Islands and beyond, redefining the concept of immersive travel.”

“We are excited to get to work helping Silversea grow and realise its ambitions,” said Richard D. Fain, Chairman and CEO of Royal Caribbean Cruises Ltd., which finalised its two-thirds acquisition of Silversea earlier this year. “There is tremendous potential in the ultra-luxury and expedition markets of the cruise industry, and we believe discerning travellers will embrace the exciting designs Silversea is imagining for them.”

“We are very happy to build these new ships for Silversea Cruises. Together with Silversea we will create a new generation of environmentally friendly ships in the ultra-luxury cruise market,” said Tim Meyer, Managing Director of Meyer Werft.

“We are excited and proud to receive this order,” said Patrick A.B.M. Janssens MA, CEO, Shipyard De Hoop. “It is not only about building the best small expedition cruise vessel, but also about building and maintaining a high-quality partnership with Royal Caribbean and Silversea.”

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