Norwegian Cruise Line Holdings Completes Biofuel Trial

PRIO, a producer of biofuels in Portugal, and Norwegian Cruise Line Holdings in collaboration with World Fuel Services (WFS), have successfully completed the first trials with sustainable biofuels produced in Portugal, according to a press release.

Following the launch of ECO Bunkers B15 and taking the first step towards the decarbonization of maritime transport in the Iberian Peninsula, PRIO has announced a blend of Biofuels with 30 per cent renewable base material.

This milestone was achieved in collaboration with Norwegian Cruise Line Holdings and the Florida-based energy and services company World Fuel Services.

The new fuel, ECO Bunkers B30, contains a blend of 30 per cent of advanced biofuel from waste raw materials and it is produced at PRIO’s biodiesel plant in Aveiro. This enables the company to scale up production as demand increases and to adjust the percentage of Biodiesel blends (up to a 100 per cent renewable product).

Luis Nunes, a member of PRIO’s Executive Board said: “Advanced biofuels, produced from residual raw materials, i.e., the result of circular economy, are the solution of the present and that allows us to immediately meet the growing needs of our clients. They are “drop-in” solutions, meaning that they did not require any modifications to the engine or tank of Norwegian Cruise Line Holdings’ cruise ships and, in this way, allowed an immediate impact without any need for additional investment in these ships.

“We are at a crucial moment in the world’s response to climate and biodiversity emergencies, so PRIO believes we can already accelerate the energy transition if we increase the contribution of advanced biofuels in the maritime sector,” he added.

PRIO has established itself as the ideal partner for maritime companies on the road toward decarbonization of the sector.

With the help of World Fuel Services, two Norwegian Cruise Line Holdings ships were fueled with a total of 400 tons of B30 supplied by PRIO last year.

The Norwegian Star received 200 tons of ECO Bunkers B30 in Lisbon in November.

The following week, the Norwegian Epic, received another 200 tons of ECO Bunkers B30. This has enabled the cruise company to avoid approximately 440 tons of CO2 emissions.

Norwegian Cruise Line Confident in Europe 2023 Despite Baltic Limitations

Norwegian Cruise Line Holdings is increasing its capacity by six per cent in Europe in 2023, coming at the expense of the Caribbean, according to Frank Del Rio, president and CEO, speaking on the company’s third-quarter earnings call.

He said that yields on ticket prices and onboard revenue for cruises in Europe were “dramatically better.”

And this is in despite of limitations in the Baltic, with ships not calling at Russia’s Saint Petersburg. 

“If you had asked me what is the single city in the world, port in the world that you cannot live without, I’d tell you it’s Saint Petersburg, and we lost it,” Del Rio said. “Very, very high yields, incredible shore excursion sales. So onboard revenue was just higher than any other itineraries that I can think of, and it’s a relatively long season. You can get (there) in mid-May and you can leave in mid-September.”

That limitation in 2022 sent one Norwegian ship elsewhere, as the Getaway moved to the Caribbean for the summer sailing from Port Canaveral.

“It did affect load factors and no question, it affected pricing. And the impact on EBITDA has to be in the tens of millions of dollars,” Del Rio explained.

But both the Baltic and the Mediterranean look encouraging for 2023, with Del Rio noting that Americans travelling to Europe book the highest cabin categories earliest.

“This revenge travel or pent-up demand that we’ve been talking about for months is really alive and well for Americans going to Europe,” he said.

“We believe that Europe is poised for an incredible 2023 season. That’s why we increased our capacity there by 6 percentage points of occupancy at the expense of the Caribbean. And I’ll take that trade all day long because the yields both on a ticket and on onboard revenue are so dramatically better for European cruises that we’ll take that trade.”

Norwegian Cruise Line Holdings: 13 Ships Set To Be In Service Soon

With its three cruise brands now back in service, Norwegian Cruise Line Holdings plans to have 13 ships sailing commercially by Dec. 1.

While Norwegian leads the way, with nine vessels slated to sail, Oceania and Regent are also speeding up their restart plans.

Here is the latest brand by the brand update:

Norwegian Cruise Line
Status: Six ships currently in service; three more sets to follow by Dec. 1
Ships: Norwegian Jade, Norwegian Encore, Norwegian Gem, Norwegian Epic, Norwegian Getaway and Norwegian Breakaway currently in service; Norwegian Bliss, Norwegian Escape and Norwegian Joy set to follow
Regions: Mediterranean, Caribbean, Bermuda, Alaska and West Coast

After a 500-day operational pause, Norwegian Cruise Line resumed service in July with a series of Eastern Mediterranean cruises.

Currently, the brand has six vessels back in revenue operations, offering cruises in North America, the Caribbean and Europe.

With three more ships returning by Dec. 1, the company is set to return to additional destinations, including the West Coast – where the Norwegian Bliss is welcoming guests back on Oct. 24. Based in Los Angeles, the 4,200-guest ship offers a program of Mexican Riviera cruises through 2022.  

While two other vessels are returning in 2021, the balance of the 17-ship fleet is slated to resume service next year.

Oceania Cruises
Status:
 Two ships currently in service
Ships: Marina and Riviera
Regions: Mediterranean and Atlantic

Oceania Cruises resumed revenue service in August with the Marina. The vessel welcomed passengers back in Denmark for a series of cruises to Western Europe, the Mediterranean, and the Greek Isles.

A second ship, the Riviera, joined the active lineup recently, offering additional itinerary choices in the Mediterranean.

In December, the upper-premium brand is also resuming service with the Insignia – which is set to offer a Panama Canal cruise before kicking off it’s epic six-month-long “Around the World in 180 Days” voyage.

Phased restart dates for the balance of the Oceania Cruises fleet continue next, with three more vessels resuming guest operations in 2022.

Regent Seven Seas
Status:
 Two ships currently in service
Ships: Seven Seas Splendor and Seven Seas Explorer
Regions: Northern Europe, Mediterranean, Caribbean and Panama Canal

With two ships now in service, Regent Seven Seas Cruises plans to have its entire fleet back in action by early 2022.

The luxury brand first restarted revenue operations in September, with the 2019-built Seven Seas Splendor. After resuming its inaugural season in Northern Europe, the vessel is currently sailing in the Mediterranean ahead of a winter season in the Caribbean.

The Seven Seas Explorer joined the active lineup recently, offering additional voyages in Europe.

A third Regent ship returning in December. The vessel is slated to sail a Panama Canal cruise before beginning an epic World Cruise in January.