 That same year, Princess unveiled Princess Bay, located at Saline Bay on the Caribbean island of Mayreau.Princess Bay was the cruise line's second private island resort, replacing Palm Island, and was marketed as "every castaway's first choice," primarily featured on the cruise line's Caribbean itineraries from San Juan, Puerto Rico, but is now no longer a Princess private resort.P&O Princess Cruises acquired Sitmar Line in 1988 and transferred all of its major tonnage to Princess, including three cruise ships then under construction.