Seabourn Announces Sale of Seabourn Odyssey to MOL Group for delivery in September 2024

Rhea-AI Summary

Seabourn has announced the sale of its ultra-luxury cruise ship, Seabourn Odyssey, to Mitsui O.S.K. Lines, Ltd. (MOL). The vessel will continue to operate scheduled voyages until August 22, 2024, before being delivered to MOL after a charter agreement. President Natalya Leahy highlighted the fleet's optimization and mentioned the introduction of Seabourn Pursuit, boosting the fleet's modernity with an average age of just seven years. This strategic move allows Seabourn to expand its offerings in ultra-luxury expedition travel, promising new itineraries across all continents with enhanced guest capacity.

Positive

• Sale of Seabourn Odyssey provides strategic financial opportunity.
• Introduction of Seabourn Pursuit adds modernity to the fleet.
• Expansion in ultra-luxury expedition market increases itineraries and guest capacity.

Negative

• None.

Seabourn to Operate All Published Voyages Through August 22, 2024

SEATTLE, March 16, 2023 /PRNewswire/ -- Seabourn, the leader in ultra-luxury cruising and expedition travel announced the sale of Seabourn Odyssey to Mitsui O.S.K. Lines, Ltd. (MOL). Following the sale, Seabourn will continue to operate all published voyages through August 22, 2024, under a charter arrangement. Seabourn Odyssey will be delivered to MOL after the charter agreement.

"We are proud that Seabourn Odyssey carried our guests across the world for the last 14 years and are happy to see her join a great company, MOL," said Seabourn President Natalya Leahy. "As we prepare to say farewell to Odyssey in September 2024, I am excited to further optimize our fleet as we grow our expedition business. With the addition of Seabourn Pursuit this summer, Seabourn will have one of the most modern fleets in the ultra-luxury segment with an average age of just seven years."

Seabourn's fleet expansion into the ultra-luxury expedition market allows for a more diverse offering of deployment opportunities, which will lead to new and exciting itineraries across all seven continents with a higher guest capacity compared to 2019 even after Seabourn Odyssey's departure.

"With this elite, modern fleet, Seabourn continues as the leader in ultra-luxury travel, providing highly curated and immersive experiences and unique 'Seabourn Moments' for our guests," Leahy said.

About Seabourn: 
Seabourn represents the pinnacle of ultra-luxury ocean and expedition travel and operates a suite of six modern ships with one under construction. The all-inclusive, boutique ships offer all-suite accommodations with oceanfront views; award-winning dining; complimentary premium spirits and fine wines available at all times; renowned service provided by an industry-leading crew; a relaxed, sociable atmosphere that makes guests feel at home; a pedigree in expedition travel through the Ventures by Seabourn program and two new ultra-luxury purpose-built expedition ships, including Seabourn Venture that launched in 2022 and Seabourn Pursuit scheduled to enter service in 2023. Seabourn takes travelers to every continent on the globe, visiting more than 400 ports including marquee cities and lesser-known ports and hideaways. Guests of Seabourn experience extraordinary offerings and programs, including partnerships with leading entertainers, dining, personal health and wellbeing, and engaging speakers.

For more details about Seabourn, or to explore the worldwide selection of Seabourn cruising options, contact a professional travel advisor, call Seabourn at 1-800-929-9391 or visit www.seabourn.com.

Seabourn is a brand of Carnival Corporation and plc (NYSE/LSE: CCL and NYSE: CUK).

Find Seabourn on Twitter, Facebook, Instagram, YouTube and Pinterest. 

Notes to Editors: 

Seabourn is consistently ranked among the world's top travel choices by professional critics and the discerning readers of prestigious travel publications such as Departures, Travel + Leisure and Condé Nast Traveler. Its stylish, distinctive cruising vacations are renowned for: 

• Intimate ships with a private club atmosphere
• Intuitive, personalized service provided by staff passionate about exceeding guests expectations
• Curated voyages to all seven continents delivering award-winning experiences
• All ocean-front suites, luxuriously appointed
• Complimentary premium spirits and fine wines available on board at all times
• Welcome Champagne and complimentary in-suite bar stocked with your preferences
• Tipping is neither required, nor expected
• Finest resort at sea that is masterfully designed
• World-class dining, further enhanced through a culinary partnership with Chef Thomas Keller
• All dining venues are complimentary, dine where, when and with whom you wish
• Seabourn Conversations, connecting with visionary experts
• Ventures by Seabourn™, optional shore excursions, enhance and extend your experience in select destinations*^
• Spa & Wellness with Dr. Andrew Weil, featuring an exclusive mindful living program*
• An evening entertainment experience in collaboration with Sir Tim Rice, produced exclusively by Belinda King Creative Productions †
• Committed to environmental stewardship and sustainability 

*Optional programs, for additional charge 
^Available on Seabourn Odyssey, Seabourn Sojourn, Seabourn Quest, Seabourn Encore, Seabourn Ovation 
†Not available on board Seabourn Venture and Seabourn Pursuit

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SOURCE Seabourn

FAQ

What is the sale of Seabourn Odyssey to Mitsui O.S.K. Lines?

Seabourn has sold the Seabourn Odyssey to Mitsui O.S.K. Lines, Ltd. The ship will operate until August 22, 2024, under a charter agreement.

When will Seabourn Odyssey be delivered to MOL?

Seabourn Odyssey is scheduled to be delivered to Mitsui O.S.K. Lines in September 2024.

How does the sale affect Seabourn's fleet operations?

Seabourn will continue operating all published voyages of Seabourn Odyssey until August 22, 2024, while optimizing its fleet by adding Seabourn Pursuit.

What is the average age of Seabourn's fleet after adding Seabourn Pursuit?

With the addition of Seabourn Pursuit, the average age of Seabourn's fleet will be just seven years.

What opportunities does the sale create for Seabourn?

The sale allows Seabourn to expand its ultra-luxury expedition offerings and develop new itineraries across all seven continents.