Silversea Cruises charges a tiered cancellation fee depending on how far in advance you cancel. If you cancel early, you may only pay a non-refundable administrative fee (about $200–$250, often converted into a Future Cruise Credit) if done well before departure. As departure nears, penalties increase: 15–75% of the fare for mid-term cancellations and 100% of the cruise fare if canceled close to sailing or for no-shows.