The group will be majority owned by Ambassador’s existing shareholders, Njord Partners, with investment management firm Cheyne Capital taking a minority stake.
Its fleet will comprise of the Ambience, Ambition and Renaissance ships offering sailings mainly to the “no-fly silver market”. The ships’ capacities range from 1,200 to 1,400 passengers.
Renaissance will enter dry dock this month to undergo a series of environmental upgrades to make the vessel IMO Tier III compliant with sister ships Ambience and Ambition. It will become IMO Tier III complaint from April 2025.
