Norwegian Cruise Line Holdings Ltd. Declares Extension of Suspension of Voyages

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Suspension Contains All Voyages for Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises with Embarkation Dates from October 1 thru October 31, 2020

MIAMI, July 29, 2020 (GLOBE NEWSWIRE) — Norwegian Cruise Line Holdings Ltd. (“Norwegian” or “the Corporate”) (NYSE: NCLH), a number one international cruise corporate which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises manufacturers, these days introduced an extension of its up to now introduced suspension of world cruise voyages to incorporate all voyages embarking between October 1 and October 31, 2020 for its 3 cruise manufacturers. So as to supply further transparency, starting in August, the Corporate plans to supply an replace on the finish of each and every month in regards to the standing of voyage suspensions, together with any possible extensions.

The Corporate just lately introduced a collaboration with Royal Caribbean Staff to broaden enhanced cruise well being and protection requirements in accordance with the COVID-19 international pandemic. The Wholesome Sail Panel is constructed from most sensible mavens in public well being, infectious illness, biosecurity, hospitality and maritime operations, and is tasked with collaboratively growing suggestions for cruise traces to advance their public well being reaction to COVID-19, beef up protection, and reach readiness for the secure resumption of operations. The Corporate will proceed to paintings in tandem with the U.S. Facilities for Illness Keep an eye on and Prevention (CDC), the government and international public well being government to take all important measures to give protection to its visitors, group and the communities visited. 

Visitors who’re lately booked on cancelled voyages on Norwegian Cruise Line, Oceania Cruises or Regent Seven Seas Cruises are requested to touch their shuttle guide or the cruise line for more info.

About Norwegian Cruise Line Holdings Ltd.

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a number one international cruise corporate which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises manufacturers.  With a mixed fleet of 28 ships with roughly 59,150 berths, those manufacturers be offering itineraries to greater than 490 locations international. The Corporate will introduce 9 further ships thru 2027.

Cautionary Observation Regarding Ahead-Taking a look Statements

One of the crucial statements, estimates or projections contained on this unencumber are “forward-looking statements” inside the that means of the U.S. federal securities regulations supposed to qualify for the secure harbor from legal responsibility established by way of the Personal Securities Litigation Reform Act of 1995. All statements as opposed to statements of historic info contained on this unencumber, together with, with out limitation, the ones referring to our trade technique, monetary place, result of operations, plans, potentialities and targets of control for long term operations (together with the ones referring to anticipated fleet additions, our voluntary suspension, our skill to climate the affects of the COVID-19 pandemic, operational place, call for for voyages) are forward-looking statements. Many, however no longer all, of those statements may also be discovered by way of searching for phrases like “be expecting,” “look ahead to,” “purpose,” “mission,” “plan,” “imagine,” “search,” “will,” “would possibly,” “forecast,” “estimate,” “intend,” “long term” and identical phrases. Ahead-looking statements don’t ensure long term efficiency and would possibly contain dangers, uncertainties and different elements which might reason our exact effects, efficiency or achievements to range materially from the long run effects, efficiency or achievements expressed or implied in the ones forward-looking statements. Examples of those dangers, uncertainties and different elements come with, however don’t seem to be restricted to, the affect of: the unfold of epidemics, pandemics and viral outbreaks and in particular, COVID-19, on our monetary situation and operations, which adversely impacts our skill to acquire applicable financing in an quantity equivalent to the ensuing aid in money from operations, and the present, and unsure long term, different affects of the COVID-19 outbreak, together with its impact at the skill or want of folks to shuttle (together with on cruises), which can be anticipated to proceed to adversely affect our effects, operations, outlook, plans, objectives, enlargement, recognition, money flows, liquidity, call for for voyages and percentage value; our skill to broaden methods to strengthen our well being and protection protocols to evolve to the present pandemic atmosphere’s distinctive demanding situations as soon as operations resume and to differently safely resume our operations when prerequisites permit; coordination and cooperation with the CDC, the government and international public well being government to take precautions to give protection to the well being, security and safety of visitors, group and the communities visited and the implementation of such a precautions; the accuracy of any value determinations of our property because of the affect of COVID-19 or differently; our luck in decreasing working bills and capital expenditures and the affect of such a discounts; our visitors’ election to take money refunds in lieu of long term cruise credit or the continuation of any tendencies in the case of such election; tendencies in, or adjustments to, long term bookings and our skill to take long term reservations and obtain deposits similar thereto; the unavailability of ports of name; long term will increase in the cost of, or main adjustments or aid in, industrial airline products and services; our skill to paintings with lenders and others or differently pursue choices to defer or refinance our current debt profile, near-term debt amortization, newbuild similar bills and different tasks and to paintings with bank card processors to meet present or possible long term calls for for collateral on money complex from consumers in the case of long term cruises; antagonistic occasions impacting the protection of shuttle, comparable to terrorist acts, armed warfare and threats thereof, acts of piracy, and different global occasions; antagonistic incidents involving cruise ships; antagonistic basic financial and similar elements, comparable to fluctuating or expanding ranges of unemployment, underemployment and the volatility of gas costs, declines within the securities and actual property markets, and perceptions of those prerequisites that lower the extent of disposable source of revenue of customers or client self belief; our possible long term want for added financing, which might not be to be had on favorable phrases, or in any respect, and is also dilutive to current shareholders; to any extent further impairment of our logos, business names or goodwill; breaches in information safety or different disturbances to our knowledge era and different networks or our exact or perceived failure to agree to necessities referring to information privateness and coverage; adjustments in gas costs and the kind of gas we’re authorised to make use of and/or different cruise working prices; mechanical malfunctions and maintenance, delays in our shipbuilding program, upkeep and refurbishments and the consolidation of certified shipyard amenities; the hazards and larger prices related to working the world over; fluctuations in foreign currencies change charges; overcapacity in key markets or globally; our enlargement into and investments in new markets; our incapacity to acquire ok insurance policy; our indebtedness and restrictions within the agreements governing our indebtedness that require us to care for minimal ranges of liquidity and differently prohibit our flexibility in working our trade, together with the numerous portion of property which can be collateral below those agreements; pending or threatened litigation, investigations and enforcement movements; volatility and disruptions within the international credit score and fiscal markets, which would possibly adversely impact our skill to borrow and may building up our counterparty credit score dangers, together with the ones below our credit score amenities, derivatives, contingent tasks, insurance coverage contracts and new send growth cost promises; our incapacity to recruit or retain certified group of workers or the lack of key group of workers or worker members of the family problems; our reliance on 3rd events to supply resort control products and services for positive ships and likely different products and services; our incapacity to stay tempo with tendencies in era; adjustments involving the tax and environmental regulatory regimes through which we function; and different elements set forth below “Chance Components” in our maximum just lately filed Annual Record on Shape 10-Okay, Quarterly Record on Shape 10-Q and next filings with the Securities and Change Fee. Moreover, many of those dangers and uncertainties are lately amplified by way of and can proceed to be amplified by way of, or one day is also amplified by way of, the COVID-19 outbreak. It isn’t imaginable to expect or establish all such dangers. There is also further dangers that we believe immaterial or which can be unknown. The above examples don’t seem to be exhaustive and new dangers emerge once in a while. Such forward-looking statements are according to our present ideals, assumptions, expectancies, estimates and projections referring to our provide and long term trade methods and the surroundings through which we think to function one day. Those forward-looking statements talk simplest as of the date made. We expressly disclaim any legal responsibility or enterprise to unencumber publicly any updates or revisions to any forward-looking commentary to replicate any trade in our expectancies in regards thereto or any trade of occasions, prerequisites or cases on which such a commentary was once primarily based, excluding as required by way of legislation.

Investor Family members & Media Touch

Andrea DeMarco(305) 468-2339
InvestorRelations@nclcorp.com

Jessica John(786) 913-2902

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Supply: Norwegian Cruise Line Holdings Ltd.



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