Tagged: NCL Corporation / NCLH

Strong demand for the debt and equity securities of Norwegian Cruise Line Holdings Ltd (NCLH) has removed fears the company expressed yesterday that it might not be able to continue as a going concern. (cruisebusiness.com)

In a securities filing given to the United States Securities and Exchange Commission on Tuesday, Norwegian Cruise Line Holdings Ltd. (NCL) warned it may have to seek bankruptcy protection, noting “management’s conclusion regarding substantial doubt about the Company’s ability to continue as a going concern.” (travelagentcentral.com)

One of the hardest hit industries by the COVID-19 outbreak is the cruise industry, which has undergone a “triple-whammy,” so to speak. First, it’s one of the most affected industries on a fundamental level, as no cruises can sail as long as the pandemic is a significant threat. (fool.com)

REUTERS: Norwegian Cruise Line Holdings Ltd has hired investment bank Goldman Sachs Group Inc to explore financing options that could include the sale of a stake in the company, people familiar with the matter said on Friday. (channelnewsasia.com)

Coronavirus concerns have pushed the $45 billion cruise line industry to cancel trips and reroute ships as it struggles to contain the impact from fearful travelers. But experts say the industry will bounce back after the outbreak is contained. (nbcnews.com)

Norwegian Cruise Line Holdings Ltd., a leading global cruise company which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands, today (Jan.16) reinforced its commitment to advancing the Company’s “Environmental, Social and Governance” (ESG) strategy with the creation of a new function focusing exclusively on ESG initiatives. (more…)

Norwegian Cruise Line Holdings (NCLH) CEO Frank Del Rio underscored his enthusiasm for Alaska on Thursday’s third quarter earnings call. He said the company will continue to make investments and cultivate partnerships in the region, noting the new pier NCLH has agreed to build in Ketchikan, its purchase of waterfront property in Juneau, and the construction of a second pier at Icy Point Strait. (cruiseindustrynews.com)

Norwegian Cruise Line Holdings and local officials in Cannes, France, have signed a Cruise Charter agreement, recognizing cruise operators that go above and beyonds in environmental protection, according to a statement. (cruiseindustrynews.com)

Norwegian Cruise Line Holdings Ltd.’s (NCLH – Free Report) expansion strategies and modest demand-supply growth are likely to persistently aid top-line growth. However, high costs, debt burden and Trump’s travel ban to Cuba are likely to hurt the company. Notably, Norwegian Cruise’s shares have gained 26.5% so far this year, outperforming the industry’s rally of 8.4%. (zacks.com)

“We entered 2019 in a record booked position and at higher prices,” said Frank Del Rio, president and CEO of Norwegian Cruise Line Holdings (NCLH), speaking on the company’s first quarter earnings call. (cruiseindustrynews.com)

Norwegian Cruise Line Holdings Ltd., a leading global cruise company, today announced plans for the development and construction of the Norwegian Cruise Line Center of Excellence, a new state-of-the-art shipboard team member training facility near Manila in the Philippines. (more…)