Ponant is one step closer to expanding its fleet of nine cruiseships to 14 vessels by 2021.

The Jean-Emmanuel Sauvee-led cruise company plans to acquire Paul Gauguin Cruises' one 332-berth vessel, aptly named Paul Gauguin.

"We share the same core values," president Jean-Emaanuelle Sauvee said.

"The synergy between our operations makes this the perfect collaboration while preserving the unique DNA of both brand experiences.”