According to the line, the 62-passenger vessel does not fit into the company’s post-pandemic plans.

Crystal Esprit was added to the fleet six years ago after the company was acquired by Asian firm Genting and had been operating for Genting’s Star Cruises brand before it was refurbished and renamed to join the Crystal fleet.

Crystal is notifying all affected guests and offering them future cruise credits equal to 115% of cruise fares paid on fully-paid bookings or a full refund.

The line extended its "heartfelt gratitude" to the officers and crew who worked onboard Esprit. 

"Crystal Esprit has been a wonderful part of the Crystal fleet offering a boutique yachting experience unmatched in the industry, earning the devotion of discerning travelers and winning awards since her debut in 2015," a Crystal spokesperson said.

"However, as we have been evaluating our focus post pandemic, the single, small yacht concept does not fit into future plans for the company as we continue to concentrate on the successful deployment of our Crystal Ocean, River and Expedition fleets, as well as exploring new builds for expansion."