Secondhand Market

The secondhand cruise ship market has traditionally been highlighted by two to three eight- to nine-figure transactions on an annual basis

As the existing cruise fleet grows larger and ages, the secondhand market was expected to grow minimally, as the pool of qualified buyers is limited in scope.

COVID-19, however, sent a shockwave through the world, and turned the secondhand ship market upside down over night. 

Cruise Industry News tracks the second hand cruise ship market, including vessel sales and key charters, along with ship withdrawals, with data extending back to 1983 in the Cruise Ship Secondhand Market Report.

Most Recent Cruise Ship Transactions:

Secondhand Market

 Cruise Ship Selling Party1 New Operator1 Tonnage Capacity Built Price/Terms Delivery
FTI Berlin FTI Group Laid-up 10,550 412 1980 Decommissioned July 2020
Inspiration Carnival Scrapped 70,367 2,040 1996 Scrapped July 2020
Fantasy Carnival Scrapped 70,367 2,044 1990 Scrapped July 2020
Sovereign Pullmantur Scrapped 73,192 2,276 1988 Scrapped July 2020
Monarch Pullmantur Scrapped 73,941 2,354 1991 Scrapped July 2020
Veendam Holland America Undisclosed 57,092 1,350 1996 N/A August 2020
Maasdam Holland America Undisclosed 55,575 1,258 1993 N/A August 2020
Rotterdam Holland America Fred. Olsen 61,849 1,404 1997 N/A Sept 2020
Amsterdam Holland America Fred. Olsen 62,735 1,380 2000 N/A Sept 2020
neoRomantica Costa Celestyal 53,049 1,800 1993 N/A August 2020

(1) May also represent chartering party.

For a full accounting of second hand market transactions dating back to 1983, please see the Cruise Ship Second Hand Market Report.

Last Updated August 26, 2020

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