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Eight New Ships on Order for Norwegian Cruise Line Holdings

Norwegian Cruise Line Holdings has unveiled the most comprehensive newbuild order in its history–8 new ships, 25,000 additional berths, new classes of ships for each of its three brands, and the construction of a multi-ship pier at Great Stirrup Cay.

In partnership with Italian shipbuilder Fincantieri, Norwegian Cruise Line Holdings is planning 8 new ships across all three of its brands between 2026 and 2036. Between 2025 and 2028, Norwegian Cruise Line will take delivery of four Prima-Plus cruise ships, and is expected to take delivery of four 200,000-gross ton ships with a guest capacity of 5,000 individuals each in 2030, 2032, 2034 and 2036.

Oceania Cruises will take delivery of its last Allura Class ship in 2025, and is expected to take delivery of two 86,000-gross ton ships with a guest capacity of 1,450 individuals each in 2027 and 2029. Additionally, Regent Seven Seas Cruises is expected to take delivery of two 77,000-gross ton ships with a guest capacity of 850 individuals each in 2026 and 2029. While the company has obtained financing for the Oceania Cruises and Regent Seven Seas Cruises ship orders, financing for the Norwegian Cruise Line ship orders is still in the process.

“This strategic new-ship order across all three of our award-winning brands provides for the steady introduction of cutting-edge vessels into our fleet and solidifies our long-term growth. It also allows us to significantly leverage our operating scale, strengthen our commitment to innovation and enhance our ability to offer our guests new products and experiences, all while providing opportunities to enhance the efficiency of our fleet,” said Harry Sommer, president and chief executive officer of Norwegian Cruise Line Holdings Ltd. “We are likewise excited with the addition of a new pier at Great Stirrup Cay to support our increased capacity in the Caribbean and multiple ships to call on the island, enhancing our guest experience and bringing seamless and reliable access to our private island year-round.”

Great Stirrup Cay, Norwegian’s private island in the Bahamas, is expected to break ground for its new pier development this summer 2024 and be completed by late 2025. Once the $150 million investment is completed, the pier will be able to accommodate two large vessels simultaneously.

Chief Financial Officer of Norwegian Cruise Line Holdings Ltd., Mark A. Kempa stated, “we expect that these strategic investments will secure our growth trajectory, significantly boost our earnings profile, and enhance shareholder value well into the future.”