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Norwegian Cruise Line

#1466

Rank

$12.14B

Marketcap

US United States

Country

Norwegian Cruise Line
Leadership team

Mr. Frank J. Del Rio (Pres, CEO & Director)

Mr. Mark A. Kempa (Exec. VP & CFO)

Mr. T. Robin Lindsay (Exec. VP of Vessel Operations)

Products/ Services
Transportation, Travel
Number of Employees
20,000 - 50,000
Headquarters
Miami, Florida, United States
Established
1966
Company Registration
SEC CIK number: 0001513761
Revenue
Above - 1B
Traded as
NCLH
Social Media
Overview
Location
Summary
Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various locations, including destinations in Scandinavia, Russia, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean. As of December 31, 2021, the company had 28 ships with approximately 59,150 berths. It distributes its products through retail/travel advisor and onboard cruise sales channels, as well as meetings, incentives, and charters. Norwegian Cruise Line Holdings Ltd. was founded in 1966 and is based in Miami, Florida.
History

The cruise line was founded in 1966 by Norwegian Knut Kloster and Israeli Ted Arison, with the 8,666-ton, 140-m long cruise ship/car ferry, Sunward, which in 1966 operated as a car ferry between Southampton UK and Gibraltar, for that one short season only. The Sunward was first managed under the Arison Shipping Company, and marketed as Ensign Cruises. Arison soon left to form Carnival Cruise Lines, while Kloster acquired additional ships for Caribbean service, with the line renamed and marketed as Norwegian Caribbean Line.

Norwegian Caribbean Line

Norwegian pioneered many firsts in the cruise industry, such as the first out island, Great Stirrup Cay in the Bahamas, the first combined air-sea program , which combined low-cost air fares with the cruise, and first shipline to develop new ports in the Caribbean, such as Ocho Rios in Jamaica.

First Newbuilds

Norwegians's second and third ship, the Starward and Skyward, were the first newly built ships designed for the cruise line. Like the original Sunward of 1966, they had the capability to carry automobiles through a well-concealed stern door. Later, this area was turned into cabins and a two-deck movie theater, later to be used as a casino. Norwegian was responsible for many of the cruise innovations that have now become standard throughout the industry.

Norwegian would order two additional ships, that would be their first true cruise ships without any car carrying capacity. This would be the Southward in 1971, and an intended identical sister the Seaward, that would never be delivered to the line, and would be completed for P&O Cruises instead. The line would sell its original ship the Sunward in 1973, being too small in inadequate for the modern cruise market. They would purchase the former Cunard Adventurer in 1977, refitting her with the trademark NCL funnels, and renamed Sunward II.

The SS Norway

Norwegian made headlines with the acquisition of the liner SS France in 1979, rebuilding the liner as a cruise ship and renaming her ''Norway'' The conversion cost more than US$100million. At 1,000 ft long and displacing 52,000 tons, the Norway was at the time significantly larger than any existing cruise ship, and exploited the extra space available by adding a greater-than-usual variety of onboard entertainment. Her success paved the way for a new era of giant cruise ships.

Mission
We understand that protecting our environment and our oceans is not only vital to our industry but also to our planet. Our Safety, Security, Health and Environmental Protection policy establishes our commitment to conduct our operations safely, securely and with sensitivity to the environment around us. Preserving our oceans and protecting our environment is one of our core company values that we strive to meet through our daily goals:
Vision
Norwegian Cruise Line’s vision is to be the global leader in leisure travel, creating unforgettable cruising vacations for our guests. We aim to be dedicated to exceeding the expectations of our guests, creating innovative products and services, and unparalleled customer service.
Key Team

Mr. Harry J. Sommer (Pres & CEO of Norwegian Cruise Line)

Mr. Jason M. Montague (Pres & CEO of Regent Seven Seas Cruises)

Ms. Faye L. Ashby (Sr. VP & Chief Accounting Officer)

Ms. Jessica John (VP of Investor Relations, Corp. Communications & ESG)

Mr. Daniel S. Farkas (Exec. VP, Gen. Counsel & Assistant Sec.)

Mr. Alex Xiang (Managing Director of China operations)

Mr. David Herrera (Sr. VP of Strategy & Corp. Devel.)

Recognition and Awards
Norwegian Cruise Line has been awarded numerous awards over the years, including being recognized as the “World’s Leading Cruise Line” 6 years in a row by the World Travel Awards, “Best Cruise Line for Couples” by Travel + Leisure in 2020, and “Best Cruise Line in Europe” by Cruise Critic in 2020.
References
Norwegian Cruise Line
Leadership team

Mr. Frank J. Del Rio (Pres, CEO & Director)

Mr. Mark A. Kempa (Exec. VP & CFO)

Mr. T. Robin Lindsay (Exec. VP of Vessel Operations)

Products/ Services
Transportation, Travel
Number of Employees
20,000 - 50,000
Headquarters
Miami, Florida, United States
Established
1966
Company Registration
SEC CIK number: 0001513761
Revenue
Above - 1B
Traded as
NCLH
Social Media