MS Regatta was built by Renaissance cruises as an R class cruise ship, she is owned and operated by Oceania Cruises where she is part of their Regatta Class. She was built in 1998 by the Chantiers de l'Atlantique shipyard in St. Nazaire, France for Renaissance Cruises as R Two. Between 2002 and 2003 she sailed as Insignia before receiving her current name.