Colin Veitch is a name we haven’t heard much of in the last few years - make that since the end of 2008. He was the visionary CEO who took Norwegian Cruise Line from a conventional cruise line to almost where it is today.
He had a non-compete clause in his contract with Norwegian, so it wasn’t surprising that he dropped off the radar of cruise news for a while. And it’s not surprising to learn that he’s been involved with Richard Branson and his new Virgin Cruises venture. But it now seems that he’s probably not going to be involved anymore.
Details appeared in the March 11 edition of Cruise News Daily.
Showing posts with label Norwegian Cruise Line. Show all posts
Showing posts with label Norwegian Cruise Line. Show all posts
Wednesday, March 11, 2015
Do You Know Where Your Drugs Have Been?
According to federal authorities, some Norwegian Cruise Line crew members stuff more than socks in their underwear. Five of them were arrested in connection with a scheme involving carrying cocaine off Norwegian Sun in Tampa last weekend in their Spandex underwear.
The complete story appeared in the March 11 edition of Cruise News Daily.
The complete story appeared in the March 11 edition of Cruise News Daily.
Thursday, February 5, 2015
Norwegian Makes Five Top Appointments
Norwegian Cruise Line Holdings Ltd. Announces Chief Executive Officer Direct Reports
MIAMI – February 5, 2015 – Norwegian Cruise Line Holdings Ltd. (Nasdaq: NCLH) (“Norwegian Cruise Line Holdings”, “Norwegian” or “the Company”), today announced executive appointments reporting directly to President and Chief Executive Officer Frank J. Del Rio.
The new appointments are:
· Bob Binder, President of International Operations
· Howard Sherman, Executive Vice President, Revenue Management
· Robin Lindsay, Executive Vice President, Vessel Operations
· Victor Gonzalez, Executive Vice President, Supply Chain and Logistics Management
· Harry Sommer, Senior Vice President and Chief Integration Officer
Drew Madsen and Jason Montague will continue as President and Chief Operating Officers of Norwegian Cruise Line (Madsen) and Oceania Cruises / Regent Seven Seas Cruises (Montague). Wendy Beck will continue in her role as Executive Vice President and Chief Financial Officer with additional responsibilities for support services.
“Norwegian Cruise Line Holdings is on an incredible growth trajectory. The Board of Directors and I have been working closely to fine-tune our vision for the future and how we can best channel the core competencies of our three great brands and the talents of our 30,000 team members,” said Del Rio. “To that end, we have crafted an organizational structure with both centralized and brand-specific functions and selected seasoned leaders that will carry out that vision.”
Source: Norwegian Cruise Line Holdings
MIAMI – February 5, 2015 – Norwegian Cruise Line Holdings Ltd. (Nasdaq: NCLH) (“Norwegian Cruise Line Holdings”, “Norwegian” or “the Company”), today announced executive appointments reporting directly to President and Chief Executive Officer Frank J. Del Rio.
The new appointments are:
· Bob Binder, President of International Operations
· Howard Sherman, Executive Vice President, Revenue Management
· Robin Lindsay, Executive Vice President, Vessel Operations
· Victor Gonzalez, Executive Vice President, Supply Chain and Logistics Management
· Harry Sommer, Senior Vice President and Chief Integration Officer
Drew Madsen and Jason Montague will continue as President and Chief Operating Officers of Norwegian Cruise Line (Madsen) and Oceania Cruises / Regent Seven Seas Cruises (Montague). Wendy Beck will continue in her role as Executive Vice President and Chief Financial Officer with additional responsibilities for support services.
“Norwegian Cruise Line Holdings is on an incredible growth trajectory. The Board of Directors and I have been working closely to fine-tune our vision for the future and how we can best channel the core competencies of our three great brands and the talents of our 30,000 team members,” said Del Rio. “To that end, we have crafted an organizational structure with both centralized and brand-specific functions and selected seasoned leaders that will carry out that vision.”
Source: Norwegian Cruise Line Holdings
Monday, December 1, 2014
Cruise News Daily Headlines for December 1, 2014
* Seabourn to Keep Building
Seabourn and Fincantieri announced today that the luxury line has exercised an option to build a second vessel in the series the line ordered last January.
* Other Things You’ll Want to Know
CND subscribers also read about NCLH making executive changes ... Australia's largest ship arriving home ... and cruising with a Partridge.
The complete articles appeared in the e-mail edition of Cruise News Daily delivered to our subscribers.
Seabourn and Fincantieri announced today that the luxury line has exercised an option to build a second vessel in the series the line ordered last January.
* Other Things You’ll Want to Know
CND subscribers also read about NCLH making executive changes ... Australia's largest ship arriving home ... and cruising with a Partridge.
The complete articles appeared in the e-mail edition of Cruise News Daily delivered to our subscribers.
NCLH Appoints New President and CEO for Prestige
Norwegian Cruise Line Holdings Ltd. Appoints Jason Montague President and Chief Operating Officer for Prestige Cruise Holdings
MIAMI, Dec. 1, 2014 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH) announced today that Jason Montague has been named President and Chief Operating Officer of Prestige Cruise Holdings, Inc. effective today, following the resignation of Kunal S. Kamlani. Montague was instrumental in launching Oceania Cruises in 2002 and is widely regarded as one of the original co-founders of the company.
"As we continue to refine the future organization, Jason stands out as a leader who is knowledgeable about the brands and is so passionate about them," said Kevin Sheehan, president and chief executive officer of Norwegian Cruise Line Holdings Ltd. "Jason's financial background also aligns well with our corporate culture and strong focus on financial discipline."
Prestige Cruise Holdings, Inc. Chief Executive Officer Frank Del Rio noted that Montague had played a key part in creating the great brands that have been built at Prestige. "We are confident that both the Oceania Cruises and Regent Seven Seas Cruises brands will continue to prosper and grow with Jason at the helm," said Del Rio.
Most recently, Montague served as Executive Vice President and Chief Integration Officer for Norwegian Cruise Line Holdings Ltd. Prior to the acquisition of Prestige, he served as Chief Financial Officer and Executive Vice President of Prestige Cruise Holdings, Inc. During his twelve year tenure, he helped Del Rio launch Oceania Cruises in 2002 and has seen the company through the purchase of its initial three R-class vessels, the equity investment by Apollo Management, the acquisition and integration of Regent Seven Seas Cruises, the financing and delivery of Oceania Cruises' Marina and Riviera new builds and the recent acquisition by Norwegian Cruise Line Holdings Ltd.
"I am truly excited to take the helm of these two amazing brands which have had so much success and have such a bright future ahead," said Montague. "I look forward to building relationships with the travel agent community, delivering an exceptional product for our loyal guests, and engaging our hard-working team members."
Prior to joining Oceania Cruises, Montague operated a successful consulting practice focused on strategic planning and development of small to medium-sized companies. Previously, he held the position of Vice President Finance for Alton Entertainment Corporation, a brand equity marketer who was majority owned by the Interpublic Group of Companies. Montague holds a BBA in Accounting from the University of Miami.
About Norwegian Cruise Line Holdings Ltd.
Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH) is a diversified cruise operator of leading global cruise lines spanning market segments from contemporary to luxury under the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands.
These brands operate a combined 21 ships with approximately 40,000 lower berths visiting more than 430 destinations worldwide. The company's brands will introduce six new ships through 2019.
Norwegian Cruise Line is the innovator in cruise travel with a history of breaking the boundaries of traditional cruising, most notably with the introduction of Freestyle Cruising, which revolutionized the industry by giving guests more freedom and flexibility on the most contemporary ships at sea. Oceania Cruises is the market leader in the upper-premium cruise segment featuring the finest cuisine at sea, gourmet culinary experiences, elegant accommodations, impeccable service and destination-driven itineraries. Regent Seven Seas Cruises is the market leader in the luxury cruise segment with all-suite accommodations, highly personalized service and the industry's most inclusive luxury experience featuring round-trip air, fine wines and spirits and unlimited shore excursions among its numerous included amenities.
Source: Norwegian Cruise Line Holdings
 |
| Jason Montague |
"As we continue to refine the future organization, Jason stands out as a leader who is knowledgeable about the brands and is so passionate about them," said Kevin Sheehan, president and chief executive officer of Norwegian Cruise Line Holdings Ltd. "Jason's financial background also aligns well with our corporate culture and strong focus on financial discipline."
Prestige Cruise Holdings, Inc. Chief Executive Officer Frank Del Rio noted that Montague had played a key part in creating the great brands that have been built at Prestige. "We are confident that both the Oceania Cruises and Regent Seven Seas Cruises brands will continue to prosper and grow with Jason at the helm," said Del Rio.
Most recently, Montague served as Executive Vice President and Chief Integration Officer for Norwegian Cruise Line Holdings Ltd. Prior to the acquisition of Prestige, he served as Chief Financial Officer and Executive Vice President of Prestige Cruise Holdings, Inc. During his twelve year tenure, he helped Del Rio launch Oceania Cruises in 2002 and has seen the company through the purchase of its initial three R-class vessels, the equity investment by Apollo Management, the acquisition and integration of Regent Seven Seas Cruises, the financing and delivery of Oceania Cruises' Marina and Riviera new builds and the recent acquisition by Norwegian Cruise Line Holdings Ltd.
"I am truly excited to take the helm of these two amazing brands which have had so much success and have such a bright future ahead," said Montague. "I look forward to building relationships with the travel agent community, delivering an exceptional product for our loyal guests, and engaging our hard-working team members."
Prior to joining Oceania Cruises, Montague operated a successful consulting practice focused on strategic planning and development of small to medium-sized companies. Previously, he held the position of Vice President Finance for Alton Entertainment Corporation, a brand equity marketer who was majority owned by the Interpublic Group of Companies. Montague holds a BBA in Accounting from the University of Miami.
About Norwegian Cruise Line Holdings Ltd.
Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH) is a diversified cruise operator of leading global cruise lines spanning market segments from contemporary to luxury under the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands.
These brands operate a combined 21 ships with approximately 40,000 lower berths visiting more than 430 destinations worldwide. The company's brands will introduce six new ships through 2019.
Norwegian Cruise Line is the innovator in cruise travel with a history of breaking the boundaries of traditional cruising, most notably with the introduction of Freestyle Cruising, which revolutionized the industry by giving guests more freedom and flexibility on the most contemporary ships at sea. Oceania Cruises is the market leader in the upper-premium cruise segment featuring the finest cuisine at sea, gourmet culinary experiences, elegant accommodations, impeccable service and destination-driven itineraries. Regent Seven Seas Cruises is the market leader in the luxury cruise segment with all-suite accommodations, highly personalized service and the industry's most inclusive luxury experience featuring round-trip air, fine wines and spirits and unlimited shore excursions among its numerous included amenities.
Source: Norwegian Cruise Line Holdings
Wednesday, November 26, 2014
Cruise News Daily Headlines for November 26, 2014
* The Rules of the Game Are Changing
Next month Port Canaveral will open a new cruise terminal which they needed to urgently build due to two newly contracted ship coming to the port. Last week a consultant hired by the port to study their future needs reported to them that he believes the port will need to build three more cruise terminals in the next 25 years.
Port officials feel wonderful because if you believe the consultant, cruise lines will be lined up to come to Port Canaveral.
There are three important factors which weren’t mentioned, however. If they were considered, it may well have changed the finding that the port will need more terminals or at least tempered it.
* Other Things You’ll Want to Know
CND subscribers also read about it being that time of year again in Tampa ... and O'Sheehan's is open for business.
The complete articles appeared in the e-mail edition of Cruise News Daily delivered to our subscribers.
Photo courtesy of Norwegian Cruise Line. All rights reserved. May not be copied or used without permission.
Next month Port Canaveral will open a new cruise terminal which they needed to urgently build due to two newly contracted ship coming to the port. Last week a consultant hired by the port to study their future needs reported to them that he believes the port will need to build three more cruise terminals in the next 25 years.
Port officials feel wonderful because if you believe the consultant, cruise lines will be lined up to come to Port Canaveral.
There are three important factors which weren’t mentioned, however. If they were considered, it may well have changed the finding that the port will need more terminals or at least tempered it.
* Other Things You’ll Want to Know
CND subscribers also read about it being that time of year again in Tampa ... and O'Sheehan's is open for business.
The complete articles appeared in the e-mail edition of Cruise News Daily delivered to our subscribers.
 |
| The new O'Sheehan's Neighborhood Bar & Grill aboard Norwegian Gem |
Wednesday, November 19, 2014
Cruise News Daily Headlines for November 19, 2014
* Done Deal
Norwegian Cruise Line Holdings Ltd announced today they had completed the acquisition of Prestige Cruise Holdings, giving Norwegian ownership of two additional cruise brands (Oceania Cruises and Regent Seven Seas Cruises) for $3.025 billion in cash and stock.
* Itineraries Fit for a King
Holland America Line today announced that Koningsdam will debut in the eastern Mediterranean. Fincantieri will deliver the ship on February 15, 2016 at Marghera, and its Premier Voyage will sail from Civitavecchia (Rome) on February 20.
* Seems Like Billy Joel Has Taken up Residence on Crystal Serenity
Beginning on the current voyage, passengers aboard Crystal Serenity are enjoying a new type of production show, “My Life: The Music of Billy Joel.”
The complete articles appeared in the e-mail edition of Cruise News Daily delivered to our subscribers.
Norwegian Cruise Line Holdings Ltd announced today they had completed the acquisition of Prestige Cruise Holdings, giving Norwegian ownership of two additional cruise brands (Oceania Cruises and Regent Seven Seas Cruises) for $3.025 billion in cash and stock.
* Itineraries Fit for a King
Holland America Line today announced that Koningsdam will debut in the eastern Mediterranean. Fincantieri will deliver the ship on February 15, 2016 at Marghera, and its Premier Voyage will sail from Civitavecchia (Rome) on February 20.
* Seems Like Billy Joel Has Taken up Residence on Crystal Serenity
Beginning on the current voyage, passengers aboard Crystal Serenity are enjoying a new type of production show, “My Life: The Music of Billy Joel.”
The complete articles appeared in the e-mail edition of Cruise News Daily delivered to our subscribers.
Tuesday, September 10, 2013
Cruise News Daily Headlines for September 10, 2013
* Something Different and Something Silver Coming to Take You off the Beaten Track
Silversea announced their eighth ship - and third expedition ship - today. The intimate ship will allow the line to expand their expedition voyages in the remote areas of Micronesia, Melanesia, Polynesia in addition to the Russian Far East, Southeast Asia, New Zealand and Australia, with a special emphasis on the Kimberley in Australia.
The 5,218-ton ship will be named Silver Discoverer. It is the former Clipper Odyssey, and it will undergo extensive refurbishment before it is rechristened in Singapore on February 24, 2014.
* Involving the Fans
Once again, Norwegian Cruise Line is asking their customers to help them name their next two ships, but this time we notice two things they are doing differently.
The complete articles appeared in the e-mail edition of Cruise News Daily delivered to our subscribers.
Silversea announced their eighth ship - and third expedition ship - today. The intimate ship will allow the line to expand their expedition voyages in the remote areas of Micronesia, Melanesia, Polynesia in addition to the Russian Far East, Southeast Asia, New Zealand and Australia, with a special emphasis on the Kimberley in Australia.
The 5,218-ton ship will be named Silver Discoverer. It is the former Clipper Odyssey, and it will undergo extensive refurbishment before it is rechristened in Singapore on February 24, 2014.
* Involving the Fans
Once again, Norwegian Cruise Line is asking their customers to help them name their next two ships, but this time we notice two things they are doing differently.
The complete articles appeared in the e-mail edition of Cruise News Daily delivered to our subscribers.
Tuesday, September 3, 2013
Cruise News Daily Headlines for September 3, 2013
CND was not published on Monday, September 2, due to the Labor Day holiday in the US.
* Harvest Caye Contract Near Finalization with Changes
Belize and Norwegian Cruise Line are getting near to signing a final contract for the development of Norwegian’s Harvest Caye in the southern part of the country, but the Prime Minister says there are a couple of vitally important points that were inadvertently left out of the memorandum of understanding signed last month.
* Victoria Celebrates Milestone
A honeymoon couple from California helped the port of Victoria (BC) celebrate a significant milestone last Friday when they became the port's five millionth passenger.
* David Frost Dies aboard Queen Elizabeth
Noted British broadcaster and interviewer Sir David Frost died suddenly aboard Cunard’s Queen Elizabeth from a suspected heart attack on Sunday. Frost was aboard the ship for Cunard’s Insights program, which brings interesting speakers aboard the ship for the enrichment of passengers.
The complete articles appeared in the e-mail edition of Cruise News Daily delivered to our subscribers.
* Harvest Caye Contract Near Finalization with Changes
Belize and Norwegian Cruise Line are getting near to signing a final contract for the development of Norwegian’s Harvest Caye in the southern part of the country, but the Prime Minister says there are a couple of vitally important points that were inadvertently left out of the memorandum of understanding signed last month.
* Victoria Celebrates Milestone
A honeymoon couple from California helped the port of Victoria (BC) celebrate a significant milestone last Friday when they became the port's five millionth passenger.
* David Frost Dies aboard Queen Elizabeth
Noted British broadcaster and interviewer Sir David Frost died suddenly aboard Cunard’s Queen Elizabeth from a suspected heart attack on Sunday. Frost was aboard the ship for Cunard’s Insights program, which brings interesting speakers aboard the ship for the enrichment of passengers.
The complete articles appeared in the e-mail edition of Cruise News Daily delivered to our subscribers.
Friday, August 23, 2013
Cruise News Daily Headlines for August 23, 2013
* Millennium Underway
RCCL confirmed to CND today that Celebrity Millennium is underway and en route to Freeport. The passengers finished disembarking in Ketchikan on Thursday, and the ship left shortly thereafter.
The ship is apparently sailing with just one of the two propulsion systems operating, something the Coast Guard said they wouldn’t allow with passengers aboard. The ship can safely operate with just one system, of course, but the reason for having two, besides more speed, is a back up, in case one goes out, the ship won’t be powerless in open sea.
RCCL said that they will replace the motor which has failed twice now, causing the disruption of two sailings in a row.
There are several things RCCL hasn’t talked about, however.
* Other Things You’ll Want to Know
CND subscribers also read about a Dawn departure ... and rushin' to get shore power.
The complete articles appeared in the e-mail edition of Cruise News Daily delivered to our subscribers.
RCCL confirmed to CND today that Celebrity Millennium is underway and en route to Freeport. The passengers finished disembarking in Ketchikan on Thursday, and the ship left shortly thereafter.
The ship is apparently sailing with just one of the two propulsion systems operating, something the Coast Guard said they wouldn’t allow with passengers aboard. The ship can safely operate with just one system, of course, but the reason for having two, besides more speed, is a back up, in case one goes out, the ship won’t be powerless in open sea.
RCCL said that they will replace the motor which has failed twice now, causing the disruption of two sailings in a row.
There are several things RCCL hasn’t talked about, however.
* Other Things You’ll Want to Know
CND subscribers also read about a Dawn departure ... and rushin' to get shore power.
The complete articles appeared in the e-mail edition of Cruise News Daily delivered to our subscribers.
Thursday, August 8, 2013
NCL Announces Pricing of Secondary Public Offering
Norwegian Cruise Line Announces Pricing of Secondary Public Offering by Principal Shareholders
MIAMI, Aug. 8, 2013 -- Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH) ("Norwegian") announced today the pricing of a secondary public offering of 20 million of its ordinary shares by Star NCLC Holdings Ltd. and certain funds affiliated with Apollo Global Management, LLC and TPG Global, LLC (together, the "Selling Shareholders") at a price of $29.75 per ordinary share. The Selling Shareholders have granted the underwriters a 30-day option to purchase an aggregate of up to 3 million additional ordinary shares. Norwegian is not selling any ordinary shares in the offering and will not receive any of the proceeds from the offering.
UBS Investment Bank and Barclays are acting as bookrunners and the representatives of the underwriters for the offering. Citigroup, Deutsche Bank Securities, Goldman, Sachs & Co. and J.P. Morgan are also acting as bookrunners for the offering. Credit Agricole CIB, DNB Markets, HSBC, SunTrust Robinson Humphrey and Nomura are acting as co-managers for the offering.
A registration statement relating to these securities has been filed with, and declared effective on August 8, 2013 by the United States Securities and Exchange Commission (the "SEC"). A copy of the registration statement can be obtained from the SEC's website at www.sec.gov.
The offering is being made only by means of a written prospectus forming part of the registration statement. A copy of the final prospectus relating to the offering will be filed with the SEC and may be obtained by contacting:
UBS Securities LLC
Attn: Prospectus Department
299 Park Avenue
New York, NY 10171
(888) 827-7275
Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Barclaysprospectus@broadridge.
(888) 603-5847
This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Norwegian Cruise Line
Norwegian Cruise Line is a global cruise line operator, offering cruise experiences for guests with itineraries in North America (including Alaska and Hawaii), the Caribbean, Bermuda, the Mediterranean and the Baltic.
Forward Looking Statements
This press release contains "forward-looking" statements within the meaning of the federal securities laws. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Norwegian expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements include but are not limited to forward-looking statements about the proposed offering of ordinary shares of Norwegian and the business of Norwegian. There can be no assurance that actual results will not differ from those expected by management of Norwegian. For more information concerning factors that could cause actual results to differ materially from those conveyed in the forward-looking statements, please refer to the "Risk Factors" section of the registration statement on Form S-1 (as amended and supplemented), initially filed by Norwegian with the SEC on July 30, 2013 and the information included in subsequent amendments and other filings. These forward-looking statements are based on and include Norwegian's expectations as of the date hereof. Norwegian does not undertake any obligation to update or revise such forward-looking statements to reflect events or circumstances that occur, or of which Norwegian becomes aware, after the date hereof.
Source: Norwegian Cruise Line Holdings
MIAMI, Aug. 8, 2013 -- Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH) ("Norwegian") announced today the pricing of a secondary public offering of 20 million of its ordinary shares by Star NCLC Holdings Ltd. and certain funds affiliated with Apollo Global Management, LLC and TPG Global, LLC (together, the "Selling Shareholders") at a price of $29.75 per ordinary share. The Selling Shareholders have granted the underwriters a 30-day option to purchase an aggregate of up to 3 million additional ordinary shares. Norwegian is not selling any ordinary shares in the offering and will not receive any of the proceeds from the offering.
UBS Investment Bank and Barclays are acting as bookrunners and the representatives of the underwriters for the offering. Citigroup, Deutsche Bank Securities, Goldman, Sachs & Co. and J.P. Morgan are also acting as bookrunners for the offering. Credit Agricole CIB, DNB Markets, HSBC, SunTrust Robinson Humphrey and Nomura are acting as co-managers for the offering.
A registration statement relating to these securities has been filed with, and declared effective on August 8, 2013 by the United States Securities and Exchange Commission (the "SEC"). A copy of the registration statement can be obtained from the SEC's website at www.sec.gov.
The offering is being made only by means of a written prospectus forming part of the registration statement. A copy of the final prospectus relating to the offering will be filed with the SEC and may be obtained by contacting:
UBS Securities LLC
Attn: Prospectus Department
299 Park Avenue
New York, NY 10171
(888) 827-7275
Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Barclaysprospectus@broadridge.
(888) 603-5847
This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Norwegian Cruise Line
Norwegian Cruise Line is a global cruise line operator, offering cruise experiences for guests with itineraries in North America (including Alaska and Hawaii), the Caribbean, Bermuda, the Mediterranean and the Baltic.
Forward Looking Statements
This press release contains "forward-looking" statements within the meaning of the federal securities laws. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Norwegian expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements include but are not limited to forward-looking statements about the proposed offering of ordinary shares of Norwegian and the business of Norwegian. There can be no assurance that actual results will not differ from those expected by management of Norwegian. For more information concerning factors that could cause actual results to differ materially from those conveyed in the forward-looking statements, please refer to the "Risk Factors" section of the registration statement on Form S-1 (as amended and supplemented), initially filed by Norwegian with the SEC on July 30, 2013 and the information included in subsequent amendments and other filings. These forward-looking statements are based on and include Norwegian's expectations as of the date hereof. Norwegian does not undertake any obligation to update or revise such forward-looking statements to reflect events or circumstances that occur, or of which Norwegian becomes aware, after the date hereof.
Source: Norwegian Cruise Line Holdings
Wednesday, August 7, 2013
NCL Announces Secondary Public Offering
Norwegian Cruise Line Announces Launch of Secondary Public Offering by Principal Shareholders
MIAMI, Aug. 7, 2013 -- Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH) ("Norwegian") announced today the launch of a secondary public offering of 20 million of its ordinary shares by Star NCLC Holdings Ltd. and certain funds affiliated with Apollo Global Management, LLC and TPG Global, LLC (together, the "Selling Shareholders") pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission (the "SEC"). The Selling Shareholders will grant the underwriters a 30-day option to purchase an aggregate of up to 3 million additional ordinary shares. Norwegian will not sell any ordinary shares in the offering and will not receive any of the proceeds from the offering.
UBS Investment Bank and Barclays are acting as bookrunners and the representatives of the underwriters for the offering. Citigroup, Deutsche Bank Securities, Goldman, Sachs & Co. and J.P. Morgan are also acting as bookrunners for the offering. Credit Agricole CIB, DNB Markets, HSBC, SunTrust Robinson Humphrey and Nomura are acting as co-managers for the offering.
The offering of these ordinary shares will be made only by means of a prospectus. A written prospectus, which meets the requirements of Section 10 of the Securities Act of 1933, may be obtained here or by contacting:
UBS Securities LLC
Attn: Prospectus Department
299 Park Avenue
New York, NY 10171
(888) 827-7275
Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Barclaysprospectus@broadridge.
(888) 603-5847
A registration statement relating to these securities has been filed with the SEC, but has not yet been declared effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Norwegian Cruise Line
Norwegian Cruise Line is a global cruise line operator, offering cruise experiences for guests with itineraries in North America (including Alaska and Hawaii), the Caribbean, Bermuda, the Mediterranean and the Baltic.
Forward Looking Statements
This press release contains "forward-looking" statements within the meaning of the federal securities laws. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Norwegian expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements include but are not limited to forward-looking statements about the proposed offering of ordinary shares of Norwegian and the business of Norwegian. There can be no assurance that actual results will not differ from those expected by management of Norwegian. For more information concerning factors that could cause actual results to differ materially from those conveyed in the forward-looking statements, please refer to the "Risk Factors" section of the registration statement on Form S-1 (as amended and supplemented), initially filed by Norwegian with the SEC on July 30, 2013 and the information included in subsequent amendments and other filings. These forward-looking statements are based on and include Norwegian's expectations as of the date hereof. Norwegian does not undertake any obligation to update or revise such forward-looking statements to reflect events or circumstances that occur, or of which Norwegian becomes aware, after the date hereof.
Source: Norwegian Cruise Line Holdings
MIAMI, Aug. 7, 2013 -- Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH) ("Norwegian") announced today the launch of a secondary public offering of 20 million of its ordinary shares by Star NCLC Holdings Ltd. and certain funds affiliated with Apollo Global Management, LLC and TPG Global, LLC (together, the "Selling Shareholders") pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission (the "SEC"). The Selling Shareholders will grant the underwriters a 30-day option to purchase an aggregate of up to 3 million additional ordinary shares. Norwegian will not sell any ordinary shares in the offering and will not receive any of the proceeds from the offering.
UBS Investment Bank and Barclays are acting as bookrunners and the representatives of the underwriters for the offering. Citigroup, Deutsche Bank Securities, Goldman, Sachs & Co. and J.P. Morgan are also acting as bookrunners for the offering. Credit Agricole CIB, DNB Markets, HSBC, SunTrust Robinson Humphrey and Nomura are acting as co-managers for the offering.
The offering of these ordinary shares will be made only by means of a prospectus. A written prospectus, which meets the requirements of Section 10 of the Securities Act of 1933, may be obtained here or by contacting:
UBS Securities LLC
Attn: Prospectus Department
299 Park Avenue
New York, NY 10171
(888) 827-7275
Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Barclaysprospectus@broadridge.
(888) 603-5847
A registration statement relating to these securities has been filed with the SEC, but has not yet been declared effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Norwegian Cruise Line
Norwegian Cruise Line is a global cruise line operator, offering cruise experiences for guests with itineraries in North America (including Alaska and Hawaii), the Caribbean, Bermuda, the Mediterranean and the Baltic.
Forward Looking Statements
This press release contains "forward-looking" statements within the meaning of the federal securities laws. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Norwegian expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements include but are not limited to forward-looking statements about the proposed offering of ordinary shares of Norwegian and the business of Norwegian. There can be no assurance that actual results will not differ from those expected by management of Norwegian. For more information concerning factors that could cause actual results to differ materially from those conveyed in the forward-looking statements, please refer to the "Risk Factors" section of the registration statement on Form S-1 (as amended and supplemented), initially filed by Norwegian with the SEC on July 30, 2013 and the information included in subsequent amendments and other filings. These forward-looking statements are based on and include Norwegian's expectations as of the date hereof. Norwegian does not undertake any obligation to update or revise such forward-looking statements to reflect events or circumstances that occur, or of which Norwegian becomes aware, after the date hereof.
Source: Norwegian Cruise Line Holdings
Friday, August 2, 2013
Cruise News Daily Headlines for August 2, 2013
* Ready to Plant Their Flag
Finalization of a deal between Norwegian Cruise Line and the government of Belize to build a new private resort destination and cruise port in the southern part of the country seems to be imminent.
* Quantum Class Taking Shape
Two of Royal Caribbean’s Quantum-class ships took significant steps in their construction today at Meyer Werft in Germany. More
The complete articles appeared in the e-mail edition of Cruise News Daily delivered to our subscribers.
Finalization of a deal between Norwegian Cruise Line and the government of Belize to build a new private resort destination and cruise port in the southern part of the country seems to be imminent.
* Quantum Class Taking Shape
Two of Royal Caribbean’s Quantum-class ships took significant steps in their construction today at Meyer Werft in Germany. More
The complete articles appeared in the e-mail edition of Cruise News Daily delivered to our subscribers.
Tuesday, July 30, 2013
Cruise News Daily Headlines for July 30, 2013
* A Godmother with a History
Lin Arison will be the godmother of Carnival Sunshine, officially naming the ship in New Orleans on November 17.
Mrs Arison comes to the job with experience and a very notable connection to Carnival Cruise Lines.
* Other Things You’ll Want to Know
CND subscribers also read about a bonus day at sea ... an interesting barometer ... where cruise lines can now put the pedal to the metal ... and two more lines cancel Egyptian calls.
The complete articles appeared in the e-mail edition of Cruise News Daily delivered to our subscribers.
Lin Arison will be the godmother of Carnival Sunshine, officially naming the ship in New Orleans on November 17.
Mrs Arison comes to the job with experience and a very notable connection to Carnival Cruise Lines.
* Other Things You’ll Want to Know
CND subscribers also read about a bonus day at sea ... an interesting barometer ... where cruise lines can now put the pedal to the metal ... and two more lines cancel Egyptian calls.
The complete articles appeared in the e-mail edition of Cruise News Daily delivered to our subscribers.
Monday, July 29, 2013
Cruise News Daily Headlines for July 29, 2013
* Our Readers Would Have Told Them Differently
There were several interesting comments during Norwegian Cruise Line’s earnings call today for financial analysts. Much of the call was technical about earnings and forecasts, but there were a couple of comments we thought would be of interest to our readers.
* Another Perfect Day on Carnival
Carnival Dream aced its latest US Public health inspection at Port Canaveral.
The complete articles appeared in the e-mail edition of Cruise News Daily delivered to our subscribers.
There were several interesting comments during Norwegian Cruise Line’s earnings call today for financial analysts. Much of the call was technical about earnings and forecasts, but there were a couple of comments we thought would be of interest to our readers.
* Another Perfect Day on Carnival
Carnival Dream aced its latest US Public health inspection at Port Canaveral.
The complete articles appeared in the e-mail edition of Cruise News Daily delivered to our subscribers.
Thursday, July 18, 2013
Cruise News Daily Headlines for July 18, 2013
* Scrub a Dub Dub
Earlier we told readers how the new Emission Control Areas (ECA’s) were going to have a major impact on cruising, especially in areas where the itineraries call for lots of coastal cruising. We’ve looked at the sizable added fuel cost, and recently we saw Carnival relocate a ship to a different home port due to the impact the ECA would have on the itineraries it sails. We’ve also seen cruise lines beginning programs to retrofit their ships with scrubbers to make their ships exhaust emissions cleaner and compliant with the ECA’s 0.1% sulphur limits.
Today, Norwegian Cruise Line announced they would be building Green Tech Marine scrubbers right into the design of their two Breakaway Plus ships that will be built by Meyer Werft.
* Other Things You’ll Want to Know
CND subscribers also read about the pyramids will wait ... and the Schettinno trail opens.
The complete articles appeared in the e-mail edition of Cruise News Daily delivered to our subscribers.
Earlier we told readers how the new Emission Control Areas (ECA’s) were going to have a major impact on cruising, especially in areas where the itineraries call for lots of coastal cruising. We’ve looked at the sizable added fuel cost, and recently we saw Carnival relocate a ship to a different home port due to the impact the ECA would have on the itineraries it sails. We’ve also seen cruise lines beginning programs to retrofit their ships with scrubbers to make their ships exhaust emissions cleaner and compliant with the ECA’s 0.1% sulphur limits.
Today, Norwegian Cruise Line announced they would be building Green Tech Marine scrubbers right into the design of their two Breakaway Plus ships that will be built by Meyer Werft.
* Other Things You’ll Want to Know
CND subscribers also read about the pyramids will wait ... and the Schettinno trail opens.
The complete articles appeared in the e-mail edition of Cruise News Daily delivered to our subscribers.
Thursday, June 20, 2013
Cruise News Daily Headlines for June 20, 2013
* Loss of Twinkies Means Cruise Line’s Gain
Entertainers in the shows aboard cruise ships rotate on and off the ships all the time. When they get to the ship, they’re expected to be ready to be in the shows right away. There’s no time for them to learn the songs or the dances once they’re aboard the ship. So where do they learn their parts if they don’t do it on the ship?
In Norwegian Cruise Line’s case, the answer is just outside Tampa, Florida.
* Other Things You’ll Want to Know
CND subscribers also read about the more "useful" side of the ship ... and duck, duck, goose!
The complete articles appeared in the e-mail edition of Cruise News Daily delivered to our subscribers.
Entertainers in the shows aboard cruise ships rotate on and off the ships all the time. When they get to the ship, they’re expected to be ready to be in the shows right away. There’s no time for them to learn the songs or the dances once they’re aboard the ship. So where do they learn their parts if they don’t do it on the ship?
In Norwegian Cruise Line’s case, the answer is just outside Tampa, Florida.
* Other Things You’ll Want to Know
CND subscribers also read about the more "useful" side of the ship ... and duck, duck, goose!
The complete articles appeared in the e-mail edition of Cruise News Daily delivered to our subscribers.
Friday, April 26, 2013
Double Transit
Norwegian Pearl and Norwegian Sun (front) transited the Panama Canal at the same time yesterday (April 25, 2013) providing this rare photo opportunity.
Thursday, April 25, 2013
First Look Inside Norwegian Breakaway
Meyer Werft delivered the 146,600-ton Norwegian Breakaway to Norwegian Cruise Line this morning at Bremerhaven. This is the first chance to really look around inside the ship.
Photos courtesy of Meyer Werft
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| Norwegian Breakaway at sea. But where's the New York skyline atop the ship that we always see in the commercials? |
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| The Raw Bar |
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| The Prime Meridian Bar |
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| The Manhattan Room |
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| Savor Restaurant |
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| The Casino |
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| The 678 Ocean Place complex surrounds the ship's atrium. |
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| A suite in the Haven, which is a ship within a ship. |
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| The Freefall Waterslide |
Photos courtesy of Meyer Werft
Tuesday, February 26, 2013
Norwegian Breakaway Undocked at Meyer Werft
Norwegian Breakaway began making her first public appearance this morning just after 7:00am in Germany as the giant door to Meyer Werft's covered building dock was opened and the 146,600-ton ship was towed out into the lagoon.
Regular readers will note that the ship is coming out bow first. While Meyer's ships usually make their appearance stern first, this isn't unprecedented, as last spring AIDAmar also came out bow first.
Norwegian Breakaway is the largest ship produced to date by Meyer, but it will be eclipsed by Quantum of the Seas when it is delivered a year and a half from now.
With its Peter Max hull art, Norwegian Breakaway is one of the most colorful ships Meyer has ever delivered.
The next event for Norwegian Breakaway is its river conveyance, which is tentatively set for March 10. Delivery is scheduled for April 25.
The complete story appeared in the February 26, 2013 edition of Cruise News Daily.
Photos and video courtesy of Meyer Werft
Regular readers will note that the ship is coming out bow first. While Meyer's ships usually make their appearance stern first, this isn't unprecedented, as last spring AIDAmar also came out bow first.
Norwegian Breakaway is the largest ship produced to date by Meyer, but it will be eclipsed by Quantum of the Seas when it is delivered a year and a half from now.
With its Peter Max hull art, Norwegian Breakaway is one of the most colorful ships Meyer has ever delivered.
The next event for Norwegian Breakaway is its river conveyance, which is tentatively set for March 10. Delivery is scheduled for April 25.
The complete story appeared in the February 26, 2013 edition of Cruise News Daily.
Photos and video courtesy of Meyer Werft
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