Regent Seven Seas Cruises, voted the world’s #1 small-ship operator in 2007 by readers of Condé Nast Traveler, has reached an agreement with ship owner Paul Gauguin Shipping Limited (PGSL) that extends Regent Seven Seas’ exclusive contract to operate and manage the 330-guest ship Paul Gauguin through January of 2010.

The new agreement extends Regent Seven Seas’ previous contract with PGSL by one year. The pact will be reviewed annually and extended based upon mutual agreement between PGSL and Regent Seven Seas Cruises.

Paul Gauguin has been an extremely popular ship that has transformed the cruise marketplace in French Polynesia,” said Mark Conroy, president of Regent Seven Seas Cruises. “As we approach the tenth anniversary of uninterrupted South Pacific cruising with the Gauguin, we are very pleased to continue the operation and management of this magnificent luxury vessel.”

Named for the famous 19th century post-Impressionist artist who found his inspiration in the lifestyle and people of French Polynesia, Paul Gauguin was launched at the end of 1997 and immediately began its year-round operations from Papeete. The ship has offered French Polynesia voyages ever since and has become a South Seas legend, having carried over 100,000 cruise guests to this magical destination.