Norwegian Cruise Line Holdings Secures Charter Contracts for Four Ships

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) revealed today that it has finalized long-term charter agreements for four vessels across its three brands as part of its fleet optimization efforts under its Charting the Course strategy.

The company has inked deals for two Norwegian Cruise Line ships, Norwegian Sky and Norwegian Sun, to be chartered to Cordelia Cruises, a premium cruise operator in India. These charters are expected to commence in 2026 and 2027, respectively.

Additionally, Seven Seas Navigator from Regent Seven Seas Cruises and Insignia from Oceania Cruises will be chartered to Crescent Seas, a residential cruise line. These agreements are set to begin in 2026 and 2027, respectively.

Harry Sommer, president and CEO of Norwegian Cruise Line Holdings Ltd., emphasized the importance of these agreements in optimizing the fleet. He highlighted the strategic repurposing of these vessels into markets beyond the company’s core business as a way to create value for shareholders while focusing on a modernized fleet that enhances guests’ vacation experiences.

Sommer expressed excitement about the opportunity for Norwegian Sky and Norwegian Sun to embark on new journeys in the Indian cruise market under the long-term partnership with Cordelia Cruises, a prominent operator in the region. He also expressed satisfaction that Regent Seven Seas Cruises and Oceania Cruises vessels will continue to offer exceptional experiences worldwide.

Norwegian Cruise Line Holdings is dedicated to expanding its fleet with plans for 12 new ships across its three brands by 2036, including seven for Norwegian Cruise Line, three for Oceania Cruises, and two for Regent Seven Seas Cruises. These forthcoming vessels are expected to feature innovative design and elevated guest experiences, ensuring that the company maintains a leading position in the cruise industry.

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a global cruise company that operates three distinct brands: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With a collective fleet of 33 ships and approximately 70,050 berths, NCLH offers itineraries to approximately 700 destinations worldwide. The company plans to introduce 12 additional ships across its three brands by 2036, adding approximately 37,500 berths to its fleet.

While the future performance of the company cannot be guaranteed, Norwegian Cruise Line Holdings continues to monitor and address potential risks and uncertainties that could impact its operations. These risks include adverse economic conditions, market volatility, indebtedness, overcapacity, and other factors outlined in the company’s financial filings.

Investors and media representatives interested in learning more about Norwegian Cruise Line Holdings and its recent charter agreements may contact Sarah Inmon at InvestorRelations@nclcorp.com or call (786) 812-3233 for further information.