Norwegian Cruise Line Hldg Ltd Stock Price, News & Analysis

Norwegian Cruise Line (NCLH) announced the debut of its newest ship, Norwegian Encore, in Alaska this summer, replacing Norwegian Bliss. The company plans to resume voyages from multiple U.S. ports including New York, Los Angeles, Port Canaveral, and Miami, starting summer 2021, contingent on obtaining a Conditional Sailing Certificate from the CDC. The voyages will prioritize fully vaccinated guests and crew, aligning with the SailSAFE health program. Norwegian plans to phase in 23 of its 28 ships through early 2022.

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) has announced the relaunch of eight additional ships starting Fall 2021 across its three brands: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. The fully vaccinated voyages will operate under the Company’s SailSAFE™ health and safety program. Key highlights include Norwegian Joy relaunching from Miami, with additional ships resuming operations through early 2022. Meanwhile, some itineraries have been canceled, impacting guests who will be notified directly.

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) announced its planned return to U.S. cruising with Alaska voyages on Norwegian Bliss starting August 7, 2021, pending CDC authorization. All passengers and crew must be fully vaccinated as part of the multi-layered SailSAFE^TM health program. CEO Frank Del Rio emphasized the importance of cruise travel to Alaska's economy and expressed gratitude to the Alaska congressional delegation for legislative support. The company anticipates a phased resumption of operations while complying with health protocols and considering public health guidelines.

Oceania Cruises has unveiled the signature lounges, bars, and wellness facilities of Vista, its first Allura Class ship, set to launch in 2023. This 67,000-gross-ton luxury vessel will accommodate 1,200 guests and feature a variety of social and wellness spaces across its decks. Key attractions include The Grand Staircase, Martinis bar, The Grand Lounge, and a dedicated Aquamar Spa + Vitality Center. The second ship in the class is scheduled for debut in 2025. Inaugural voyages for Vista will open for sale in September 2021.

Norwegian Cruise Line unveils Norwegian Prima, its most in-demand ship, achieving record bookings on its launch day and week. The ship, part of the new Prima Class, will start voyages in August 2022. Norwegian Prima features extensive amenities including The Haven suites, Ocean Boulevard, and Infinity Beach. The company highlights high staffing levels and space ratios, enhancing guest experience. CEO Harry Sommer notes the record-breaking sales signify strong demand for premium cruising options.

Oceania Cruises has launched the OceaniaNEXT program to enhance its luxury cruise experience with a range of new offerings. Scheduled to roll out starting August, the enhancements will debut on the Marina and subsequently on other vessels. The program includes a revamped menu with over 50 new dishes, from appetizers to main courses featuring international flavors. Service improvements are also highlighted, such as increased staffing and an electronic ordering system for better efficiency. This initiative aims to elevate guest experiences across the brand's six ships, reinforcing Oceania Cruises' reputation for fine dining.

Norwegian Cruise Line unveiled the Norwegian Prima, the first ship in its new Prima Class, marking the brand's first new class of vessels in nearly a decade. Set to sail in summer 2022, the 965-foot ship boasts a capacity of 3,215 guests. Norwegian Prima will feature top staffing levels, the largest variety of suite categories at sea, and the most outdoor deck space among new cruise ships. Key highlights include a transformed Haven complex with exclusive amenities, Ocean Boulevard with expansive dining options, and unique outdoor experiences.

Norwegian Cruise Line Holdings (NCLH) reported a first-quarter 2021 net loss of $(1.4) billion, or EPS of $(4.16), a decrease from the prior year's net loss of $(1.9) billion. Revenue plummeted to $3.1 million from $1.2 billion due to cruising suspension. The SailSAFE health and safety program mandates vaccinations and testing to ensure safe voyages. Bookings have improved, with future demand exceeding 2019 levels. The company raised $1.6 billion through equity offerings, while total debt reached $12.2 billion, with $3.5 billion in cash and cash equivalents.