Private company

Silversea Cruises

Logo: Silversea, Public domain, via Wikimedia Commons4

Luxury cruise line

Silversea is a luxury cruise line and expedition travel brand headquartered in Monaco. Founded in 1994 by the Vlasov Group of Monaco and the Lefebvre family of Rome, it pioneered all-inclusive cruising with its first ship, Silver Cloud. Since July 2020, it has been owned by Royal Caribbean Group.2 It was founded by Antonio Lefebvre d'Ovidio.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1994Founded1
  • Industrytransport1
  • HeadquartersMonaco1
  • Founded inMonaco1
  • Websitewww.silversea.com
  • Legal formInternational Business Company3
  • LEI5493000SU80NQC387X393
  • StatusActive3
  • LEI statusLapsed (not renewed)3
  • Registered addressPO Box SS-5383,, Nassau, Bahamas3

Silversea is a luxury cruise line and expedition travel brand headquartered in Monaco. Founded in 1994 by the Vlasov Group of Monaco and the Lefebvre family of Rome, it pioneered all-inclusive cruising with its first ship, Silver Cloud. Since July 2020, it has been owned by Royal Caribbean Group.2

Corporate structure

Silversea Cruises is part of a group headed by Royal Caribbean Group. 52 entities, 19 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Royal Caribbean Group Miami, Florida, United States
    • Silversea Cruises Nassau, Bahamas
    • Celebrity Cruises Subsidiary · Miami
    • Pullmantur Cruises Subsidiary · Madrid, Spain
    • Royal Caribbean International Subsidiary · Miami
    • Admiral Management Inc. Subsidiary · Liberia
    • Canodros CL Subsidiary · Ecuador
    • CATALONIA CRUISE TERMINAL G S.L. Subsidiary · Barcelona, Spain
    • CCL Holdings LLC Subsidiary · Liberia
    • CCL Ships LLC Subsidiary · Liberia
    • Celebrity Cruises Holdings Inc. Subsidiary · Liberia
    • Celebrity Cruises Inc., doing business as Celebrity Cruises Subsidiary · Liberia
    • GG Operations Inc. Subsidiary · Delaware, United States
    • Global Fleet Management LLC Subsidiary · Liberia
    • Island for Science, Inc. Subsidiary · Indiana, United States
    • Islas Galapagos Turismo y Vapores CA Subsidiary · Ecuador
    • Labadee Investments Ltd. Subsidiary · Cayman Islands
    • RCI Holdings LLC Subsidiary · Liberia
    • RCI Ships LLC Subsidiary · Liberia
    • RCL (UK) Ltd. Subsidiary · United Kingdom
    • RCL Celebrity Ships LLC Subsidiary · Liberia
    • RCL Cruise Holdings LLC Subsidiary · Liberia
    • RCL CRUISES LTD Subsidiary · Surrey, United Kingdom
    • RCL GEO LLC Subsidiary · Florida, United States
    • RCL Holdings Cooperatief U.A. Subsidiary · Netherlands
    • RCL Holdings LLC Subsidiary · Liberia
    • and 25 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

Founded by Antonio Lefebvre d'Ovidio in 1994, in Monaco.1

Founding

Silversea was founded in 1994 by a joint venture between V-Ships (previously known as Vlasov Group) of Monaco and Antonio Lefebvre d'Ovidio of Rome. The joint owners had previously been the co-owners of Sitmar Cruises.

As a marketing strategy the new line introduced all-inclusive fares including gratuities, beverages, port charges, travel insurance, and some complimentary shore excursions. As about 80 percent of Silversea's customers were expected to come from North America, the line established a sales office in Fort Lauderdale, Florida. The first president of Silversea would be John Bland, former president of Sitmar Cruises. The majority of the first office staff had worked together at Sitmar Cruises.

Silversea's first ship, Silver Cloud, which entered service in April 1994, was followed in January 1995 by a sister ship, Silver Wind.

In September 2000, the line launched Silver Shadow and Silver Whisper in January 2001. Both of these ships were enlarged versions of the original two ships, carrying about 100 more passengers.

In June 2001, Silversea announced that Manfredi Lefebvre d'Ovidio would become chairman of Silversea, assuming the position from his brother Francesco Lefebvre d’Ovidio.

Expedition division

In 2007, Silversea announced they would be starting an expedition division with the acquisition of the 144 passenger former World Discoverer. Silversea hired expedition guide Conrad Combrink with a mandate to create a luxury expedition product, something that did not yet exist in the cruise industry. The purchased ship was renamed Prince Albert II (now Silver Explorer) and christened by Prince Albert II of Monaco.

In December 2009, Silversea launched Silver Spirit, the first in a new class of ships.

On 18 June 2012, Silversea acquired Canodros S.A., an Ecuadorian tourism company that operated in the Galápagos Islands. The purchase of the line also included the former Renaissance ship Galapagos Explorer II. She was subsequently moved into the "Silversea Expeditions" brand along with Silver Explorer. Silver Galapagos entered service in September 2013.

Read the full text

On 10 September 2013, Silversea confirmed that it would be adding a third vessel to the "Silversea Expeditions" brand, Silver Discoverer, formerly sailing as Clipper Odyssey for Zegrahm Expeditions. Silver Discoverer was christened in Singapore in March 2014 and set sail on her inaugural voyage along Australia's Kimberley Coast on 2 April 2014.

Trio of newbuilds

Fincantieri delivered the fleet's ninth ship, Silver Muse to Silversea on 2 April 2017, at its Sestri Ponente shipyard. Silver Muse's debut cruise set sail on 10 April 2017, in the Mediterranean Sea. That same year, Silversea announced an order for Silver Moon, a sister ship to Silver Muse, to be built by Fincantieri and delivered in 2020. In May 2018, Silversea announced an order for Silver Dawn, another sister ship of Silver Muse, delivered by Fincantieri in 2021.

Acquired by Royal Caribbean

On 14 June 2018, Royal Caribbean purchased a majority stake in Silversea for approximately $1 billion from Manfredi Lefebvre d'Ovidio, son of cofounder Antonio Lefebvre d'Ovidio, and who had become the sole owner of the cruise line. The transaction was completed in July 2018. Following the announcement, Silversea ordered three new ships: two Evolution-class vessels to be built by Meyer Werft to be delivered beginning 2022 and one expedition vessel from Shipyard De Hoop to be delivered in March 2020.

In July 2020, Royal Caribbean Group acquired the remaining shares of Silversea from Heritage Cruise Holding in exchange for 5.2 million shares of Royal Caribbean Group stock. Silversea also took delivery of the new expedition ship the Silver Origin, built for their expedition fleet in the Galapagos Islands. This was the first new ship to be designed and completed under the new Royal Caribbean Group management.

On 14 June 2022, early reports came out that Silversea was very interested in purchasing Crystal Endeavor from the defunct Crystal Cruises brand, with records of the trademarked name Silver Endeavor being filled. However, it was further reported on 28 June, that both The Ritz-Carlton Yacht Collection and the former owners of Silversea, Heritage Cruise Holding (who recently purchased the two Crystal ships and the entire brand) were still interested in purchasing the vessel as well. Silversea's purchase was confirmed in July 2022, with a purchase price of $275 million, and the ship being renamed Silver Endeavor.

In December 2022, Barbara Muckerman replaced Roberto Martinoli as Silversea President and CEO.

Evolution class

In July 2023, Silversea took delivery of their twelfth ship, Silver Nova, part of the new Evolution class of vessel, and innovative asymmetrical design, and the largest ship for the line. The ship was named on 4 January 2024, which also kicked off Silversea's 30th anniversary year. The second ship, Silver Ray, entered service in 2024.

On 12 April 2024, it was announced that Bert Herndez replaced Barbara Muckermann as president of Silversea Cruises.

On 14 May 2024, Silversea took delivery of the second Evolution-class ship, Silver Ray, in Eemshaven, Netherlands, two days earlier than planned, with a maiden voyage scheduled for 15 June from Lisbon, Portugal.

From Wikipedia’s article on Silversea Cruises, shared under CC BY-SA 4.0.5

Leadership

Who has led Silversea Cruises, and when. Pick a name to see everywhere that person has worked.

Products and brands

  • cruise ship

Listed on Wikidata.1

Current fleet

The table lists the current fleet of ships operated by Silversea Cruises.

From Wikipedia’s article on Silversea Cruises, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Parent company

From Wikidata.1

Timeline

  1. Dec 2, 2019Parent Directly consolidated by Royal Caribbean Group3
  2. 1994Founded Founded in Monaco1

Sources

The numbers on this page point here. Each one links to the record it came from.

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