Tag Archives: Norwegian Bliss

Norwegian Takes Delivery of New Bliss

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From left: Bernard Meyer of Meyer Werft, and Andy Stuart, president of Norwegian Cruise Line

Norwegian Cruise Line has officially taken delivery of the new 167,800-ton Norwegian Bliss in Bremerhaven, Germany, following a handover from Meyer Werft shipyard.

The Norwegian Bliss is the 11th ship built for Norwegian Cruise Line by the Papenburg-based shipyard.

“This is our 13th cruise ship we delivered to Norwegian within the last 15 years. Our team made has done a great job. I am proud and thankful for their contribution”, said Tim Meyer, Managing Director of Meyer Werft.

Following the delivery, the ship will sail for Southampton, where the ship will be presented to the public for the first time. After a crossing, she will be previewed to media and VIPs in New York and christened later in May in Seattle ahead of her debut summer season in Alaska.

Norwegian Bliss – Main Data

Tonnage 167,800 GRT
Overall length 333.46 m
Width 41.4 m
Number of decks 20
Draught 8.40 m
Machine output MAN 3x 12 V 2x 14V total 76,800 kW
Propulsion power 44,000 kW
Speed 23.2 kn
Passengers 3998
No. of passenger cabins 2043
Number of outside cabins (incl. suites) 1599
No. of inner cabins 444
Crew max. 1,716
Theatre seating capacity 858
No. of restaurants 18
No. of bars/lounges 12
Total weight of applied paint approx. 300 t
Total length of installed cables. 2,200 km
Total length of installed pipes approx. 400 km
Flag Bahamas
Class DNVGL

Norwegian Cruise Line Approves $1 Billion Share Repurchase Program

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Norwegian Jewel

Norwegian Cruise Line Holdings today announced that its Board of Directors authorized a three-year, $1 billion share repurchase program.

The company said it may repurchase its ordinary shares from time to time, in amounts, at prices and at such times as it deems appropriate, subject to market conditions and other considerations.

Norwegian said it may make repurchases in the open market, in privately negotiated transactions, in accelerated repurchase programs or in structured share repurchase programs, and any repurchases may be made pursuant to Rule 10b5-1 plans. The program will be conducted in compliance with applicable legal requirements and will be subject to market conditions and other factors.

“The $1 billion share repurchase program authorization reflects our ongoing confidence in our financial strength and the long-term outlook of our business,” said Frank Del Rio, president and chief executive officer of Norwegian Cruise Line Holdings Ltd. “Our strong and growing cash flow will allow us to deepen our commitment to provide returns to our shareholders while continuing to invest in our product, innovation and growth.”

Largest Cruise Companies Projecting Significant 10-Year Annual Capacity Growth

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MSC Magnifica
MSC Magnifica.

The five largest cruise companies are projected to see dramatic capacity growth over the next 10 years, ranging from 114 percent for MSC Cruises to 36 percent for Royal Caribbean Cruises.

The projections are based on new ships to be introduced and known ship withdrawals and deployment changes.

Carnival Corporation is expected to grow its annual passenger capacity from approximately 11.1 million to 15.8 million passengers, for a 42 percent increase, and the largest industry-wide hike in terms of actual passengers, 4.7 million more passengers over 10 years.

MSC will see the second largest estimated increase in terms of actual passenger capacity, going from 2.1 million to 4.6 million, an increase of 2.5 million passengers, or 114 percent.

Royal Caribbean is projected to grow its annual passenger capacity from approximately 6.2 million to 8.4 million passengers, for 2.2 million more passengers, an increase of about 36 percent.

Norwegian Cruise Line Holdings will see its capacity go from 2.5 million to 3.5 million, climbing 1 million, a 40 percent increase.

Genting Hong Kong will grow its capacity from 1.2 million passengers to 2.0 million, for a 66 percent increase.

The largest industry-wide growth year will be 2020 with global passenger capacity increasing 7.9 percent from the previous year.