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Stock Market & Financial Investment News

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May 20, 2014
09:32 EDTNCLHNorwegian Cruise Line to invest over $250M in 'Norwegian NEXT' program
Norwegian Cruise Line announced that it is investing more than $250M in "Norwegian NEXT," a program that encompasses ship revitalizations, dining enhancements, new entertainment and activities experiences, innovations in technology, and new tropical destinations. Through 2015, the company has plans to revitalize a number of vessels, including Norwegian Jewel, which just re-entered service following dry dock, along with Norwegian Pearl, Norwegian Sky and Norwegian Spirit, which were also recently refurbished.
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July 14, 2014
12:29 EDTNCLHNorwegian Cruise Line reaches agreemeent for two new cruise ships
Norwegian Cruise Line announced that it has reached an agreement with MEYER WERFT GmbH of Germany to build two new Breakaway-Plus class cruise ships for delivery in the second quarter 2018 and the fourth quarter 2019. Each ship will be 164,600 gross tons and include 4,200 passenger berths. The contract price for both ships is approximately euro 1.6 billion. The company has export credit financing in place for each ship, arranged and underwritten by KfW IPEX-Bank GmbH of Germany.

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