Suspension Contains All Voyages for Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises with Embarkation Dates from November 1 thru November 30, 2020
MIAMI, Oct. 05, 2020 (GLOBE NEWSWIRE) — Norwegian Cruise Line Holdings Ltd. (“Norwegian” or “the Corporate”) (NYSE: NCLH), a number one world cruise corporate which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises manufacturers, as of late introduced an extension of its in the past introduced suspension of worldwide cruise voyages to incorporate all voyages embarking between November 1 thru November 30, 2020 for its 3 cruise manufacturers. The Corporate will proceed to paintings in tandem with world executive and public well being government and its Wholesome Sail Panel knowledgeable advisors to take all important measures to give protection to its visitors, staff and the communities visited.
Visitors who’re these days booked on cancelled voyages on Norwegian Cruise Line, Oceania Cruises or Regent Seven Seas Cruises are requested to touch their go back and forth 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 world cruise corporate which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises manufacturers. With a blended 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 Relating to Ahead-Taking a look Statements
Probably the most statements, estimates or projections contained on this liberate are “forward-looking statements” throughout the which means of the U.S. federal securities regulations supposed to qualify for the protected harbor from legal responsibility established by way of the Non-public Securities Litigation Reform Act of 1995. All statements rather then statements of ancient details contained on this liberate, together with, with out limitation, the ones relating to our industry technique, monetary place, result of operations, plans, potentialities and targets of control for long term operations (together with the ones relating 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,” “await,” “objective,” “challenge,” “plan,” “consider,” “search,” “will,” “would possibly,” “forecast,” “estimate,” “intend,” “long term” and an identical phrases. Ahead-looking statements don’t ensure long term efficiency and would possibly contain dangers, uncertainties and different elements which might purpose our exact effects, efficiency or achievements to fluctuate materially from the longer term effects, efficiency or achievements expressed or implied in the ones forward-looking statements. Examples of those dangers, uncertainties and different elements come with, however aren’t restricted to, the have an effect on 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 relief 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 need of other people to go back and forth (together with on cruises), which can be anticipated to proceed to adversely have an effect on our effects, operations, outlook, plans, targets, enlargement, popularity, money flows, liquidity, call for for voyages and proportion worth; our skill to expand methods to improve 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 world public well being government to take precautions to give protection to the well being, security and safety of visitors, staff and the communities visited and the implementation of this sort of precautions; the accuracy of any value determinations of our belongings because of the have an effect on of COVID-19 or differently; our luck in lowering working bills and capital expenditures and the have an effect on of this sort of discounts; our visitors’ election to take money refunds in lieu of long term cruise credit or the continuation of any tendencies when it comes to 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 relief in, industrial airline services and products; our skill to paintings with lenders and others or differently pursue choices to defer or refinance our present debt profile, near-term debt amortization, newbuild similar bills and different duties and to paintings with bank card processors to meet present or possible long term calls for for collateral on money complex from shoppers when it comes to long term cruises; opposed occasions impacting the protection of go back and forth, akin to terrorist acts, armed battle and threats thereof, acts of piracy, and different world occasions; opposed incidents involving cruise ships; opposed normal financial and similar elements, akin 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 shoppers or shopper self belief; our possible long term want for added financing, which will not be to be had on favorable phrases, or in any respect, and is also dilutive to present shareholders; any longer impairment of our logos, industry names or goodwill; breaches in knowledge safety or different disturbances to our data era and different networks or our exact or perceived failure to conform to necessities relating to knowledge privateness and coverage; adjustments in gas costs and the kind of gas we’re accepted to make use of and/or different cruise working prices; mechanical malfunctions and upkeep, delays in our shipbuilding program, upkeep and refurbishments and the consolidation of certified shipyard amenities; the dangers and higher prices related to working across the world; fluctuations in foreign currencies alternate charges; overcapacity in key markets or globally; our growth into and investments in new markets; our lack of ability to acquire good enough insurance plans; our indebtedness and restrictions within the agreements governing our indebtedness that require us to handle minimal ranges of liquidity and differently prohibit our flexibility in working our industry, together with the numerous portion of belongings which might be collateral below those agreements; pending or threatened litigation, investigations and enforcement movements; volatility and disruptions within the world credit score and fiscal markets, which would possibly adversely have an effect on our skill to borrow and may building up our counterparty credit score dangers, together with the ones below our credit score amenities, derivatives, contingent duties, insurance coverage contracts and new send growth fee promises; our lack of ability to recruit or retain certified workforce or the lack of key workforce or worker family members problems; our reliance on 3rd events to offer lodge control services and products for sure ships and sure different services and products; our lack of ability to stay tempo with traits in era; adjustments involving the tax and environmental regulatory regimes through which we function; and different elements set forth below “Possibility Elements” in our maximum not too long ago filed Annual File on Shape 10-Ok, Quarterly File on Shape 10-Q and next filings with the Securities and Change Fee. Moreover, many of those dangers and uncertainties are these days 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’s not 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 aren’t exhaustive and new dangers emerge every so often. Such forward-looking statements are according to our present ideals, assumptions, expectancies, estimates and projections relating to our provide and long term industry methods and the surroundings through which we predict to function one day. Those forward-looking statements talk handiest as of the date made. We expressly disclaim any legal responsibility or enterprise to liberate publicly any updates or revisions to any forward-looking observation to replicate any trade in our expectancies with reference thereto or any trade of occasions, prerequisites or cases on which this sort of observation was once based totally, except for as required by way of legislation.
Investor Family members & Media Touch
Andrea DeMarco(305) 468-2339
Jessica John(786) 913-2902
Supply: Norwegian Cruise Line Holdings Ltd.