The Seven Seas Navigator will become a residential cruise ship as part of a $230 million deal, undergoing a $50 million refurbishment to feature 210 residences, and set to sail in December 2026.

Built in 1999, the 490-guest vessel will be leaving the Regent Seven Seas Cruises ’ fleet and joining Crescent Seas, a new residential cruise line. According to Bloomberg, the ship handoff is part of ...