Philippe Videau, president of Exploris Expeditions & Cruises, has shed light on the liquidation of the company via an interview with Mer et Marine .

After being placed into administration in early October, the French cruise line is ceasing its operations later this week .

Videau told the French website that, after a difficult start Exploris was seeing its business grow significantly in 2025.

“In 2024, we generated 11 million euros in revenue with 1,100 individual passengers, and in 2025, we were on track to reach nearly 20 million euros and almost 2,000 passengers,” he said, pointing to a 17 percent increase in Antarctica.

Exploris launched service in late 2023 with the 1989-built Exploris One, which was acquired from Silversea.

For 2026 and beyond, the company was working on sig

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