SEATTLE, October 18, 2013 - Seabourn announced today that it has signed a Letter of Intent for the construction of a new ultra-luxury cruise ship with Italian shipbuilder Fincantieri. The new ship will be modeled after the line's three newest vessels, Seabourn Odyssey, Seabourn Sojourn, and Seabourn Quest, and will encompass the features that have made these ships so successful. Delivery is planned for the second half of 2016.

The vessel will replace the capacity that is leaving the Seabourn brand with the sale of Seabourn Pride, Seabourn Spirit and Seabourn Legend. These ships will be transferred to their new owners in April 2014, April 2015 and May 2015, respectively.

"We are pleased to be moving forward with the plans we announced earlier this year to build a fourth ship similar to the highly regarded new design we introduced with Seabourn Odyssey, Seabourn Sojourn, and Seabourn Quest," said Seabourn President Richard Meadows. "The experience and amenities offered by these award-winning ships have raised the bar in ultra-luxury cruising."