Crescent Seas has announced the addition of a second ship to its portfolio, confirming it will buy the current Oceania Insignia for its second residential cruise ship, set to sail alongside the Regent Navigator.

The 1998-built Insignia will undergo a more than $50 million comprehensive revitalization and will feature 290 residences priced from $650,000 to $10,000,000, the company said.

Amenities will include private butler service, refined gourmet dining, bespoke on-deck experiences, Starlink internet connection and more.

In agreement with the ship’s owners, Oceania Cruises, a subsidiary of Norwegian Cruise Line Holdings, the ship will join Crescent Seas at the end of 2027 and depart on its inaugural voyage for New Years of 2027.

Insignia residence sales will open to the public in late summer 2025 from the sales gallery on the 8th floor of the Gale Miami Hotel & Residences.

Insignia will join Crescent Seas’ first ship, the Navigator, which will feature 210 residences, ranging from $750,000 to $8 million. The Navigator sets sail in December 2026, and sales open April 9. Crescent Seas also plans to announce three more luxury residence ships over the next five years.

“As a developer, I know real estate has always been defined by location, location, location, as we say. With Crescent Seas, we’ve eliminated that limitation. Residents will have a view corridor like never before.  Now, your home isn’t bound to a single address – it moves with you, taking you to the world’s most breathtaking destinations,” said Russell W. Galbut, Co Founder & Managing Principal, Crescent Heights and Founder and Chairman of Crescent Seas.

Marisa Galbut, President of Crescent Seas, stated, “Imagine traveling the world without ever leaving the comfort of your own home. With our ownership model, families can share once-in-a-lifetime experiences seamlessly. Forget the hassle of planning vacations—embrace the freedom of remote work while exploring the world from your own residence at sea.”