Princess Cruises has agreed to sell Pacific Princess to an undisclosed buyer.

The sale is in line with parent company Carnival Corporation’s plan to accelerate the removal of less efficient ships.

Carnival stated in its latest financial information report that a total of 19 ships will leave the fleet.

Pacific Princess joined the Princess fleet in 2002 and sailed more than 1.6 million nautical miles and 11 world cruises for the line.

The boutique-style ship offered an intimate cruising environment, with a total of just 670 passengers, but incorporated many of the dining and entertainment options available on the line’s larger vessels, Princess said in a statement.

It originally entered service in 1999 as R3 for Renaissance Cruises. Three of R3’s sister ships currently belong to Azamara, the former Royal Caribbean Group brand that was recently sold to Sycamore Partners, a private equity firm.

Princess Cruises president Jan Swartz said: “Pacific Princess holds so many memories and cherished experiences to all who sailed upon her.

“Pacific Princess offered a traditional style of cruising to unique destinations. While it’s difficult to say goodbye to our ‘Love Boat,’ our world cruise and exotic itineraries continue on board our Medallion class-enabled Island Princess and Coral Princess, featuring the best wifi at sea, allowing guests to keep in touch with loved ones and share memories along the way.”

Guests with bookings will be notified, and along with their travel agents, will receive information on how to book another Princess cruise when operations resume.