In a new twist, the Swedish-initiated Panta Rei five-ship building program, will instead reportedly be launched under the name of Swedish American Cruises reminiscent of the former Swedish America Line.

Plans call for five 12,000-ton, 266-passenger cruise vessels to be built by Cantiere Navale Ferrari at a cost of about $143 million each. The vessels will be aimed at the very top end of the luxury market targeting individual passengers as well as the incentive market.

Cruise Industry News Email Alerts