Norwegian Cruise Line Holdings (NCLH) has signed long-term charter agreements for four of its older vessels across three brands.
They each include purchase options.
The agreements include:
- Two Norwegian Cruise Line (NCL) vessels, ‘Norwegian Sky’ and ‘Norwegian Sun’, to be chartered to Cordelia Cruises, the Indian-based cruise operator. They are scheduled to start cruising for Cordelia in 2026 and 2027, respectively.
- ‘Seven Seas Navigator’ from Regent Seven Seas Cruises and ‘Insignia’ from Oceania Cruises will be chartered to Crescent Seas, a residential cruise line. These charters are also due to begin in 2026 and 2027, respectively.
“These agreements are a testament to our disciplined approach to fleet optimisation. By strategically re-purposing these vessels into markets and uses outside of our core business, we continue to generate value for our shareholders while focusing on a modernised fleet that enhances our guests’ vacation experiences,” said Harry Sommer, NCLH’s President and CEO.
“We’re thrilled that ‘Norwegian Sky’ and ‘Norwegian Sun’ will begin new chapters in the Indian cruise market through a long-term agreement with Cordelia Cruises, a leading operator in the region who we look forward to collaborating with into the future.
“We’re also pleased that our Regent Seven Seas Cruises and Oceania Cruises ships will continue to sail around the world,” he said.
NCLH stressed that it remained committed to growing its fleet with 12 ships on order through 2036 across its three brands. These include seven for NCL, three for Oceania Cruises, and two for Regent Seven Seas Cruises.
These newbuildings will bring innovative design and elevated guest experiences, ensuring that the company’s portfolio remains at the forefront of the cruise industry, the company claimed.
