The Costa Magica has been sold to Seajets, a Greek ferry operator, according to Greek media reports and multiple industry sources.

The ship represents another Carnival Corporation vessel leaving the Costa fleet as the world’s largest cruise operator continues to shed less economical capacity.

Of note, it is the newest and biggest vessel to exit a Carnival owned brand, with the Magica having capacity for 2,720 guests at double occupancy and having been built in 2004 at a cost of $400 million. It was one of three ships Carnival said would leave the fleet in December. The AIDAaura will also be retired, and a yet-to-be-named Costa ship will follow.

The Marios Iliopoulos-led Seajets has purchased multiple secondhand cruise ships since the start of the pandemic. A handful of ships have since been scrapped, while the former Maasdam was sold to French start up CFC and will soon enter service.

The Magica will soon join a number of other ships in lay up in Greece under the control of Seajets, including the former Veendam, Pacific Area, P&O Oceania and Majesty of the Seas.

While the former Maasdam was sold to CFC, Seajets has also retired some ships for scrap value including the Columbus and Magellan, two ships that it bought at auction following the demise of Cruise & Maritime Voyages