Sources have told Cruise Industry News that Imperial Majesty Cruise Line bought the Prinsesse Ragnhild from Color Line Cruises in early August to replace the 1953-built Regal Empress.

Norway-based Color Line and its parent company, Color Group, sold the 1981-built Prinsesse Ragnhild for 23 million euros on August 8 to Celebration Cruise Holdings, which sources say bought the ship on behalf of Florida-based Imperial Majesty.

Imperial Majesty, which currently sails the Regal Empress from Ft. Lauderdale on two-night Bahamas cruises, did not confirm nor deny that they were the buyer when reached by Cruise Industry News on Thursday.