The MS Marco Polo was dropping anchor during high winds near Leknes, in Norway's Lofoten Islands, when it got stuck in soft mud, according to its British owner Cruise & Maritime Voyages (CMV).
The Marco Polo, which sailed from Tilbury in Essex, got stuck with 763 passengers on board in the Lofoten Islands on Saturday.
Rescue services had earlier said they were hoping to pull the 176-metre long (580ft) ship free after tugboats and a coastguard vessel had tried in vain by pushing it from the starboard side.
Owners Cruise & Maritime Voyages said it was freed in an operation at high tide at about 19:30 GMT.
Officials say there were no injuries, and no damage to the ship had been found.
Norwegian media reported the cruise liner briefly ran aground in a nearby archipelago in March. The cause of that incident was unknown.
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