Mystic Cruises confirmed in October 2020 that it had acquired Vasco Da Gama at auction.

Mario Ferreira, president of Mystic Invest Holding, then said that purchasing the former Cruise & Maritime Voyages established in 1993 was an opportunity to expand the current fleet of the company and to better position it after the COVID-19 pandemic for the anticipated market uptake.

“With the popular Vasco Da Gama, the latest addition to the fleet in the Nicko Cruises family, you can discover the world from 2021. Small enough for a family atmosphere, big enough for a fantastic onboard experience and personal freedom. Look forward to exciting routes in the Baltic States as well as Northern and Western Europe. More destinations are being planned," the cruise line announced via their website.

The 1,258-guest Vasco da Gama will help broaden the footprint of Nicko, and the ship, having sailed under the Transocean banner for Cruise & Maritime Voyages, already has a presence in the German-speaking market.

In July 2020, Cruise & Maritime Voyages went into administration.

Maritime Business World