Norwegian Cruise Line Hldg Ltd Stock Price, News & Analysis

Norwegian Cruise Line Holdings Ltd. (NCLH) has announced a $100,000 donation in Visa gift cards to members of the International Longshoremen’s Association Local 1416, who have been adversely affected by the prolonged suspension of cruises in the U.S. This initiative aims to support workers impacted by the cruise halt. Additionally, NCLH launched the 'Safe to Sail' campaign, advocating for the resumption of cruise operations by July, backed by a plan for mandatory vaccinations and enhanced health protocols. The resumption is vital for restoring jobs and boosting the cruise ecosystem.

Norwegian Cruise Line Holdings (NCLH) announced its phased return to cruising with initial voyages outside the U.S. set to begin in July 2021, allowing sailings from Jamaica, Dominican Republic, and Greece. The company aims to resume U.S. operations by July 4, contingent on CDC approval. All guests and crew will be required to be vaccinated, supported by the multi-layered SailSAFE health program, which includes universal COVID-19 testing. The SailSAFE Global Health and Wellness Council, led by former FDA Commissioner Dr. Scott Gottlieb, has been formed to oversee health protocols.

Norwegian Cruise Line Holdings (NYSE: NCLH) announced its plan to resume cruise operations from U.S. ports starting July 4, 2021. In compliance with CDC guidelines, the company will require 100% vaccination for guests and crew as part of its SailSAFE Health and Safety Program. Norwegian believes that this initiative, alongside health protocols developed by the Healthy Sail Panel, will create a safe environment for cruising. The cruise operator aims to gradually increase its capacity, starting at 60%, to meet consumer demand and reinstate jobs while contributing significantly to the U.S. economy.

Oceania Cruises has announced the introduction of its new ship, Vista, part of the Allura Class, set to launch in 2023, with a sister ship in 2025. Built by Fincantieri S.p.A., the ship will accommodate 1,200 guests and is staffed by 800 crew members. Vista aims to deliver an exceptional cruising experience, featuring nine unique dining options and luxurious public spaces. The inaugural voyages will be available for booking in September 2021. Oceania Cruises, owned by Norwegian Cruise Line Holdings Ltd. (NCLH), emphasizes culinary excellence and destination-rich itineraries.

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) announced an extension of its suspension of all global cruise voyages through June 30, 2021. This decision affects voyages for Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises, as the company works towards compliance with the CDC’s Framework for Conditional Sailing Order. The company is focused on ensuring safety for guests and crew while coordinating with global health authorities. Guests impacted by cancellations are advised to contact their travel advisors for more information.

Norwegian Cruise Line Holdings has successfully completed a public offering of 52,577,947 ordinary shares, including 5,000,000 shares purchased by underwriters at $30.00 per share. This offering will help fund general corporate purposes. Goldman Sachs acted as the sole underwriter. The offering is part of an automatic shelf registration statement filed with the SEC on November 17, 2020. This press release clarifies that it does not constitute an offer to sell or buy securities in jurisdictions where such offers would be illegal.

Norwegian Cruise Line Holdings Ltd. (NCLH) has successfully completed its public offering of 47,577,947 ordinary shares priced at $30.00 per share. The underwriter has the option to acquire an additional 5,000,000 shares. The net proceeds from this offering will primarily be directed towards repurchasing exchangeable senior notes due 2026 held by an affiliate of L Catterton. Remaining proceeds will be allocated for general corporate purposes. Goldman Sachs served as the sole underwriter, with the offering conducted under the SEC’s automatic shelf registration.

Norwegian Cruise Line Holdings (NYSE: NCLH) announced the pricing of its public offering of 47,577,947 ordinary shares at $30.00 each, expected to close on March 9, 2021. An underwriter option allows for the purchase of an additional 5,000,000 shares. The net proceeds will be used to repurchase exchangeable senior notes due 2026 from NCL Corporation, with remaining funds allocated for general corporate purposes. Goldman Sachs is the sole underwriter, and the offering is registered with the SEC.