The Grand Classica ship will be the only vessel to depart daily from the Port of Palm Beach to Grand Bahama Island following the launch.
BPCL currently provides a year-round, two-night cruise service from the Port of Palm Beach with its existing vessel, Grand Celebration.
Both vessels are expected to transport a total of approximately 500,000 passengers annually to Freeport, Bahamas.
BPCL CEO Oneil Khosa said: “At 52,900t, Grand Classica complements Grand Celebration nicely.
“There are several additional public spaces, so we are excited to add some new offerings, as well as bring all the popular outlets that we have on Grand Celebration for consistency with our guests.
“Having two ships sailing daily to Grand Bahama Island will also give our guests the flexibility and convenience to take advantage of a two-night getaway any day of the week.
“Our daily departures also add a number of options to our unique Cruise & Resort Stay offering, with guests able to add any number of nights at a Grand Bahama Island hotel.”
Grand Classica previously underwent a comprehensive dry dock in October last year to improve its systems and infrastructure.
The ship is equipped with ten passenger decks and can carry up to 1,680 guests.
It also features 658 staterooms and a full range of dining, entertainment and recreational activities for all ages.
In addition, the Grand Classica vessel features a two-level theatre, bar and grill, casino, pool, conference centre, spa, fitness centre and salon, among other facilities.