Norwegian Cruise Line (NCL), founded in Norway in 1966, is headquartered in Miami, Florida, and incorporated in the Bahamas. As the fourth-largest cruise line globally by passenger volume in 2021, NCL held approximately 8.6% of the worldwide cruise market share. It operates as a wholly-owned subsidiary of Norwegian Cruise Line Holdings.
Norwegian Epic broke moorings in Catania, Italy, causing a guest to fall from the gangway and chaos during reboarding. Passengers faced delays and uncertainty.
In 1966, Norwegian Cruise Line was founded by Knut Kloster and Ted Arison with the ship Sunward, which operated as a car ferry between Southampton and Gibraltar. Arison soon left to form Carnival Cruise Lines, while Kloster acquired additional ships and renamed the line Norwegian Caribbean Lines.
Like the original Sunward of 1966, they had the capability to carry automobiles through a well-concealed stern door.
In 1971, Norwegian introduced the Southward, their first true cruise ship without car-carrying capacity.
In 1973, Norwegian sold its original ship, the Sunward, due to its inadequacy for the modern cruise market.
In 1977, Norwegian purchased the former Cunard Adventurer, refitting her and renaming her Sunward II.
In 1987, Norwegian attempted to catch up with competitors by ordering a new ship, the new Seaward, NCL's first new build since 1971.
In 1989, Kloster acquired Royal Cruise Line.
The text mentions the time period 1992-1993, but no specific events from 1992 are mentioned.
The text mentions the time period 1992-1993, but no specific events from 1993 are mentioned.
In the mid-1990s, specifically 1995, the Leeward ship was added to the fleet.
In 1996, the Crown Odyssey, part of NCL's subsidiary Royal Cruise Line, was transferred and became the Norwegian Crown.
In 1997, Norwegian acquired Majesty Cruise Line and added their two ships, which became the Norwegian Majesty and Norwegian Dynasty. During this time all ships renamed with the "Norwegian" prefix.
In 1998, Norwegian Cruise Line acquired Orient Lines.
In 2000, Norwegian was sold by Kloster to Star Cruises. Under the new ownership, the "freestyle cruising" concept was introduced with the Norwegian Sky.
Between 1997 and 2001, the company also operated cruises out of Australia under the name Norwegian Capricorn Line.
In 2001, the Norwegian Star debuted as part of an effort to replace older ships.
In 2002, Norwegian purchased the half-complete hull of the first Project America ship.
In 2002, the Norwegian Dawn debuted as part of an effort to replace older ships.
In May 2003, a boiler explosion forced Norwegian to withdraw the Norway from service.
In 2003, the company announced the purchase of the American-flagged liners United States and Independence.
The text mentions the period from 2003 to 2007, without detailing specific events from 2003.
In November 2006, two ships in the Epic class were ordered by NCL with an option for a third vessel.
In July 2007, Norwegian noted the sale of Independence, renamed SS Oceanic some time before, in their fiscal report.
In August 2007, Star Cruises sold 50% of Norwegian to Apollo Management to strengthen Norwegian's financial position.
On September 11, 2007, the India Supreme Court issued an order permitting the Blue Lady to be broken up at Alang, despite the presence of hazardous asbestos.
The text mentions the period from 2003 to 2007, without detailing specific events from 2007.
In February 2008, Norwegian reported that the Pride of Aloha would be withdrawn from service. It was later announced that she would return to the Norwegian international fleet as the Norwegian Sky, while the Norwegian Majesty and Norwegian Dream would be sold to Louis Cruise Lines.
In 2008, a dispute between NCL and STX resulted in the cancellation of the second Epic class ship.
The text mentions the period from 2008 to the present, without detailing specific events from 2008.
On 17 June 2010, the Norwegian Epic was delivered to NCL.
On July 1, 2010, the SS United States Conservancy struck a deal to buy SS United States for $3 million.
On February 1, 2011, the ownership of SS United States was officially transferred to the SS United States Conservancy.
On June 1, 2012, Norwegian announced the signing of an agreement to purchase Norwegian Sky.
On October 17, 2012, Meyer Werft and Norwegian reached an agreement for the construction of two new Breakaway Plus Class vessels.
Following an initial public offering and corporate reorganization in 2013, Norwegian became a wholly owned subsidiary of Norwegian Cruise Line Holdings (NCLH).
In 2013, Norwegian Breakaway started its service.
On July 14, 2014, two more vessels were ordered.
In 2014, Norwegian Getaway started its service.
Norwegian slated for delivery in October 2015
The text mentions October 2015 but does not provide any specific events occurring during that time.
The Norwegian Escape entered service in November 2015.
In December 2016, Norwegian Cruise Line announced it had reached an agreement with the Cuban government.
In February 2017, Norwegian ordered 4 new ships from Fincantieri under the codename Project Leonardo, to be delivered in 2022–2025.
On May 2, 2017, Norwegian Cruise Line announced a new PortMiami Terminal.
In May 2017, the Norwegian Sky was the first Norwegian Cruise Line vessel to ever visit Cuba.
The Norwegian Joy entered service in 2017.
Construction began on the new PortMiami Terminal on May 1, 2018.
In July 2018, NCL confirmed that they had ordered 2 more ships to be delivered in 2026–27.
In December 2018, Norwegian revealed plans to build a new pier in Alaska's Icy Strait Point.
In 2018, Norwegian Bliss entered service.
Norwegian continued operating Cuban routes until June 2019, when they came to a halt following new restrictions from the Trump Administration.
On December 9, 2019, the keel of the first ship was laid down and named Norwegian Prima.
Construction of the new PortMiami Terminal was completed in fall 2019.
In 2019, Norwegian Encore entered service.
On March 14, 2020, the U.S. Centers for Disease Control and Prevention (CDC) issued a No Sail Order for cruise ships.
In March 2020, it was reported that managers at Norwegian prepared responses to downplay the COVID-19 pandemic to customers, including false claims.
By March 28, 2020, Norwegian Cruise Line Holdings suspended all cruise voyages across its three brands, with all ships in port or at anchor and all passengers disembarked.
On May 5, 2020, Norwegian Cruise Line Holdings (NCLH) stated in a filing with the Securities and Exchange Commission that there is "substantial doubt" about its ability to continue as a "going concern."
On May 7, 2020, the CEO of NCLH announced that the company had secured enough liquidity to potentially survive 18 months with zero revenue and might resume cruising later in 2020.
The suspension of all cruise voyages was extended through June 30, 2020.
In August 2021, the Norwegian Prima was launched.
As of 2021, Norwegian Cruise Line controlled about 8.6% of the total worldwide share of the cruise market by passengers.
In 2022, the Norwegian Prima commenced sailing, and the second ship was named Norwegian Viva.
The Norwegian Viva is expected to be completed by 2023.
As of April 2024, Norwegian Cruise Line operates 19 cruise ships and has eight more on order. They have also owned or operated 19 other ships. Most ships are flagged to the Bahamas, except for the Pride of America, which operates cruises within the United States.
In 2024, senior secured notes are due, carrying a 12.25% interest rate, in addition exchangeable notes are due, at 6% interest rate, and exchangeable at any time into common shares at $13.75.
In 2025, Project Leonardo Ships To Be Delivered
In 2026, NCL confirmed that they had ordered 2 more ships to be delivered in 2026–27.
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