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Company Further Enhances Growth Profile with
Eleven Ships on Order
Across Portfolio of Three Award-Winning Brands
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Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH), (together with
NCL Corporation Ltd., "Norwegian Cruise Line Holdings",
"Norwegian" or the "Company") announced an order for a new
ship for Regent Seven Seas Cruises yesterday. The new vessel will be a sister
ship to Seven Seas Explorer®, the most luxurious ship ever built, and Seven
Seas SplendorTM, the ship that perfects luxury. The ship will be designed and
built by Fincantieri S.p.A. for delivery in late 2023.
Building on the success of its
predecessors, Regent Seven Seas Cruises’ newest addition will continue to set
the standard for defining elegance at sea. Accommodating up to 750 guests, the
intimate and spacious new ship will be the brand’s sixth-all-suite vessel.
Details regarding her itineraries, accommodations, dining venues, amenities and
onboard experiences will be revealed leading up to her 2023 debut. Voyages for
the ship’s inaugural season will go on sale in 2021.
“We are excited to build on the
spectacular success of Seven Seas Explorer and Seven Seas Splendor as we embark
on bringing to life a new vessel that will set an even higher benchmark for
elegance, luxury and style,” said Frank Del Rio, president and chief executive
officer of Norwegian Cruise Line Holdings Ltd. “This new ship further
strengthens our Company’s robust yet measured growth profile with vessels now
on order for all three of our award-winning brands, enabling us to expand our
presence globally, further diversify our product offerings and continue to
drive shareholder returns.”
Since debuting in 2016, Seven
Seas Explorer has solidified her reputation as the most luxurious ship ever
built with numerous industry awards and continued accolades from guests across
the globe. The eagerly anticipated Seven Seas Splendor, set for delivery in
early 2020, is following in her predecessor’s footsteps, driving the line’s
single-day booking record when voyages for her inaugural season were opened for
sale in April 2018.
“Over the past 12 months Regent
Seven Seas Cruises has completed a $125 million revitalization of our fleet,
began construction on Seven Seas Splendor, unveiled our 2020-2021 Voyage
Collection with 167 itineraries and new ports, introduced new relaxed outdoor
evening dining venues, debuted the industry’s most immersive Cuba itineraries,
revealed Go Local Tours shore excursions, and today we announce the order for
our newest category-defining luxury cruise ship," said Jason Montague,
president and chief executive officer of Regent Seven Seas Cruises. "Our
growth is a reflection of the amazing people who work across our fleet, our
valued shoreside employees, our loyal guests and their trusted travel advisors.
These are exciting times for everyone associated with Regent Seven Seas Cruises
and we can’t wait to show you what’s next.”
The
contract price for the vessel is approximately €475 million. The Company has
obtained export credit financing with favorable terms to fund 80 percent of the
contract price of the ship, subject to certain Italian government approvals.
With
yesterday's announcement, Norwegian Cruise Line Holdings has eleven ships on
order for delivery through 2027 including seven ships on order for Norwegian
Cruise Line, two for Oceania Cruises and two for Regent Seven Seas Cruises. The
Company will take delivery of its newest ship, Norwegian Encore, in fall 2019.
“This
agreement is the perfect seal of the work our Group has carried out over the
years and the role we have gained on the market. We are able to enter and
maintain a reference market presence in every niche, including the most unique
and competitive as the ultra-luxury one, in which Regent Seven Seas Cruises
operates. Quality is the ship owner’s hallmark and it entrusted Fincantieri
once again”, stated Giuseppe Bono, CEO of Fincantieri. “Today we have 10 ships
on order for Norwegian Cruise Line Holdings Ltd. in our order book, 5 of which
have been secured in the last 5 months, for all the three brands in their
portfolio: this result confirms the strength of the strategies we carried out,
allowing us to reiterate our leadership in the sector at a global level”.
ABOUT NORWEGIAN CRUISE LINE
As the innovator in global cruise travel, Norwegian Cruise Line has been breaking
the boundaries of traditional cruising for over 52 years.
Most notably, the cruise line revolutionized the industry
by offering guests the freedom and flexibility to design their ideal vacation
on their preferred schedule with no assigned dining and entertainment times and
no formal dress codes. Today, its fleet of 16 contemporary ships sail to nearly
300 of some of the world’s most desirable destinations, including Great Stirrup
Cay, the company’s private island in the Bahamas and its resort destination
Harvest Caye in Belize. Norwegian Cruise
Line not only provides superior guest service from land to sea, but also offers
a wide variety of award-winning entertainment and dining options as well as a
range of accommodations across the fleet, including solo-traveler staterooms,
mini-suites, spa-suites and The Haven by Norwegian®, the
company’s ship-within-a-ship concept. For more information or to book a cruise, please call +852 2165 6000 (English, Cantonese and
Mandarin assistance), contact your preferred travel professional or visit
ncl.com. For the latest news and exclusive content, visit the media center and
follow Norwegian Cruise line on
Facebook, Instagram and YouTube @NorwegianCruiseLine; and Twitter and Snapchat
@CruiseNorwegian.