In mid-2020 we booked a 14-day cruise leaving Barcelona, Spain on April 30 this year. Paid in full as well. According to my understanding of Oceania's 'Travelers Assurance Program' (and confirmed by several phone calls to Oceania), we could cancel at any time prior to just before departure and if Oceania cancelled the cruise we could either get a full refund or get 125% of what we paid put towards a future cruise.
The cruise was canceled in mid-January and we are eligible for a full refund. Oceania also emailed with a few suggestions for cruises with similar itineraries. However, somehow