Norwegian Cruise Line is making changes to its upcoming ship delivery schedule, citing shipyard delays due to supply chain constraints.
The Miami-based cruise line will now not get a new Prima Plus class ship in 2024, and instead round out the Prima class with Prima Plus class deliveries in 2025, 2026 and 2027, with 2026 featuring two new ship debuts, according to an investor presentation.
Originally, the company was set to get a single Prima Plus class ship in 2024, 2025, 2026 and 2027.
With the new Norwegian Prima debuting this past summer, the Norwegian Viva follows in 2023.
The Prima Plus class then rounds out the series of new Norwegian Cruise Line ships from Fincantieri, with four more ships scheduled for delivery. The Prima Plus ships are also bigger, going from 3,215 berths to 3,550 per ship.
Norwegian Cruise Line Holdings (NCLH) reported a net loss of $295.4 million on revenues of $1.6 billion for the third quarter ended Sept. 30, 2022; compared to a net income of $450.6 million on revenues of $1.9 billion for the third quarter of 2019, the last “normal” year.
Ticket revenue per passenger day was $277.69 in 2022 up from $254.99 in 2019, and onboard revenue per passenger was $127.95 this year, up from $100.24 in 2019.
Increased revenues, however, were offset by increased total operating costs: $311.08 per passenger cruise day in the third quarter of this year compared to $183.89 for the same period in 2019. The biggest cost drivers were fuel, which nearly doubled, and food costs, which were also up, as well as so-called “other” expenses.
Marketing and administrative costs were also up significantly as interest expenses.
Commenting on the cost picture, Mark Kemp, CFO and senior vice president, said the company is taking actions to right-size costs and noted that will settle as the inflation situation will not last. He noted that the cost for certain food categories was already trending down.
Norwegian Star arriving into Liverpool photo credit Spacejunkie2 (Flickr)
Norwegian Cruise Lines Holdings has announced its plans to source 100 per cent cage-free eggs globally by the end of 2025.
The global cruise company operating Norwegian Cruise Line, Oceania Cruises, and Regent Seven Sea Cruises, has planned a timeline which includes sourcing 25 per cent of cage-free eggs from U.S. suppliers in 2022, 50 per cent from global suppliers in 2023, 75% from global suppliers in 2025, and 100 per cent from global suppliers by the end of 2025.
“We applaud Norwegian Cruise Lines Holdings for publicly publishing their global cage-free implementation plans. As the demand for cage-free eggs increases worldwide, cage-free is becoming the industry standard. Other hospitality companies like Millennium Hotels and Langham Hospitality Group need to follow NCLH’s lead or risk losing business,” said Jennie Hunter, Senior Campaigns Coordinator, at The Open Wings Alliance.
The decision comes following a cage-free campaign steered by the Open Wing Alliance, which aims to create a unified front for ending the abuse of chickens worldwide. The Open Wing Alliance is a global coalition initiated by The Humane League and includes 93 animal protection organizations from 67 countries worldwide.
In 2021, two other cruise lines, Carnival Cruise Lines and Royal Caribbean have made similar commitments and have published their implementation plans for sourcing cage-free eggs by 2025.
As consumer demand for cage-free eggs continues to grow, companies worldwide are announcing their plans for cage-free commitments.
Over 100 companies, including some of the biggest corporations around the world, have made such commitments to switch to cage-free systems including Nestlé, Aldi, InterContinental Hotels, Sodexo, Kraft Heinz, Compass Group, Shake Shack, Famous Brands, Costa Coffee, Burger King, Dunkin’, Krispy Kreme, Unilever, and Barilla.
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