Crystal, one of the finest ultra-luxury cruise lines in the world, has finalized financing for two brand new state-of-the-art cruise ships that will double the size of their fleet.
The financing will allow Crystal to move forward with their fleet expansion program. The new cruise ships will be 61,800 gross tons in size but carry only 650 passengers.
This new class of ships will represent the next generation of luxury cruising.
They will have the following features:
- All cabins will be a suite with a balcony
- Single occupancy suites for solo cruisers
- One of the highest crew-to-passenger ratios in the industry
Manfredi Lefebvre d’Ovidio, Executive Chairman of A&K Travel Group, Crystal’s parent company, said the following:
“Securing this financing represents a decisive step forward in Crystal’s expansion and demonstrates the strong market confidence in our strategy.
“We are grateful for the trust placed in us by our banking partners, led by Citibank, N.A. London Branch, along with Banco Santander, S.A., CaixaBank, S.A., UK Branch, Cassa Depositi e Prestiti S.p.A., Credit Agricole Corporate and Investment Bank, Banca Monte Dei Paschi Di Siena S.p.a., and Bper Banca S.p.A. This consortium’s backing validates our position in the ultra-luxury cruise segment.”
The ships will be built by Fincantieri with the first one delivered to Crystal in 2028. The second will follow at a date that’s yet to be announced.
This financing milestone reinforces the cruise line’s position as a leader in luxury cruising and demonstrates the strong confidence of the international financial community in the company’s future growth and market position.
Crystal currently has two ships in their fleet, Crystal Symphony and Crystal Serenity.
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