Norwegian Cruise Line Holdings Confirms Newbuild Order for Third Prestige-Class Ship for Regent Seven Seas Cruises
MIAMI, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH), a leading global cruise company operating Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises, today announced it has confirmed a newbuild order with Fincantieri to construct a third vessel in the Prestige-Class series for its ultra-luxury brand, Regent Seven Seas Cruises. The ship is scheduled for delivery in 2033, marking the continued expansion of the company's growth strategy in the luxury segment.
Following the debut of the highly anticipated Seven Seas Prestige™ in 2026 and a second Prestige Class ship in 2030, the third vessel will build upon the hallmark design and elevated guest experience that has defined the brand's legacy in all-inclusive, unrivaled cruising.
"This newbuild order continues our measured, strategic expansion within the luxury space, providing guests with yet another way to experience the unrivaled aboard The World's Most Luxurious Fleet," said Jason Montague, Chief Luxury Officer at Norwegian Cruise Line Holdings Ltd. "It reflects our confidence in the growing demand for Regent's best-in-class offering and reaffirms our long-standing partnership with Fincantieri, one rooted in craftsmanship and shared pursuit of perfection."
"Our long-term strategic expansion with Norwegian Cruise Line Holdings Ltd., established over the past years through multiple successful orders, continues to strengthen our collaboration, especially within the ultra-luxury segment represented by Regent Seven Seas Cruises," commented Pierroberto Folgiero, CEO and Managing Director of Fincantieri. "This latest contract confirms the trust NCLH places in Fincantieri's expertise to deliver innovative, sustainable, and exquisitely crafted ships that meet the evolving aspirations of the luxury cruise market."
Regent's Prestige-Class ships begin a new legacy in ultra-luxury travel, marking Regent's first new ship class in 10 years, following the tremendous success of the line's Explorer-Class vessels. Seven Seas Prestige will be 40 percent larger than previous Regent ships yet accommodates only 10 percent more guests, delivering truly Unrivaled Space at Sea. At 77,000 tons and carrying just 822 guests with 630 dedicated crew members, the ship offers one of the highest space-to-guest and crew-to-guest ratios in the cruise industry. Beautifully appointed all-balcony suites usher in a new era of ultra-luxury accommodation with 12 distinctive categories, including four all-new suite types, including the largest all-inclusive, ultra luxury cruise ship suite in history: the Skyview Regent Suite, and two-level Skyview and Grand Loft Suites. Elegant public spaces are thoughtfully designed from the sophisticated, light-filled Starlight Atrium to the art-inspired Galileo's Bar. Offering Regent guests the chance to indulge in Epicurean Perfection like never before, Seven Seas Prestige provides a curated culinary journey across 11 dining experiences with a further brand-new dining venue being revealed at a later date. These include Azure, a new mezze-style Mediterranean concept, and signature favorites like Chartreuse, Prime 7, and Pacific Rim.
About Norwegian Cruise Line Holdings
Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) is a leading global cruise company that operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. With a combined fleet of 34 ships and more than 71,000 berths, NCLH offers itineraries to approximately 700 destinations worldwide. NCLH expects to add 14 additional ships across its three brands through 2036, which will add over 39,200 berths to its fleet. To learn more, visit www.nclhltd.com.
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Some of the statements, estimates or projections contained in this release are "forward-looking statements" within the meaning of the U.S. federal securities laws intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained, or incorporated by reference, in this release, including, without limitation, our expectations regarding our results of operations, future financial position, including our liquidity requirements and future capital expenditures, plans, prospects, actions taken or strategies being considered with respect to our liquidity position, including with respect to refinancing, amending the terms of, or extending the maturity of our indebtedness, our ability to comply with covenants under our debt agreements, expectations regarding our exchangeable notes, valuation and appraisals of our assets, expectations regarding our deferred tax assets, and valuation allowances, expected fleet additions, including expected timing thereof, our expectations regarding the impact of macroeconomic conditions and recent global events, and expectations relating to our sustainability program and decarbonization efforts may be forward-looking statements. Many, but not all, of these statements can be found by looking for words like "expect," "anticipate," "goal," "project," "plan," "believe," "seek," "will," "may," "forecast," "estimate," "intend," "future" and similar words. Forward-looking statements do not guarantee future performance and may involve risks, uncertainties and other factors which could cause our actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements. Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic factors, such as fluctuating or increasing levels of interest rates, inflation, unemployment, underemployment, tariff increases and trade wars, the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; our indebtedness and restrictions in the agreements governing our indebtedness that require us to maintain minimum levels of liquidity and be in compliance with maintenance covenants and otherwise limit our flexibility in operating our business, including the significant portion of assets that are collateral under these agreements; our ability to work with lenders and others or otherwise pursue options to defer, renegotiate, refinance or restructure our existing debt profile, near-term debt amortization, newbuild related payments and other obligations and to work with credit card processors to satisfy current or potential future demands for collateral on cash advanced from customers relating to future cruises; our need for additional financing or financing to optimize our balance sheet, which may not be available on favorable terms, or at all, and our outstanding exchangeable notes and any future financing which may be dilutive to existing shareholders; the unavailability of ports of call and the impacts of port and destination fees and expenses; future increases in the price of, or major changes, disruptions or reductions in, commercial airline services; changes involving the tax and environmental regulatory regimes in which we operate, including new and existing regulations aimed at reducing greenhouse gas emissions; the accuracy of any appraisals of our assets; our success in controlling operating expenses and capital expenditures; adverse events impacting the security of travel, or customer perceptions of the security of travel, such as terrorist acts, armed conflict or threats thereof, acts of piracy, and other international events; public health crises, and their effect on the ability or desire of people to travel (including on cruises); adverse incidents involving cruise ships; our ability to maintain and strengthen our brand; breaches in data security or other disturbances to our information technology systems and other networks or our actual or perceived failure to comply with requirements regarding data privacy and protection; changes in fuel prices and the type of fuel we are permitted to use and/or other cruise operating costs; mechanical malfunctions and repairs, delays in our shipbuilding program, maintenance and refurbishments and the consolidation of qualified shipyard facilities; the risks and increased costs associated with operating internationally; our inability to recruit or retain qualified personnel or the loss of key personnel or employee relations issues; impacts related to climate change and our ability to achieve our climate-related or other sustainability goals; our inability to obtain adequate insurance coverage; implementing precautions in coordination with regulators and global public health authorities to protect the health, safety and security of guests, crew and the communities we visit and to comply with related regulatory restrictions; pending or threatened litigation, investigations and enforcement actions; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; our reliance on third parties to provide hotel management services for certain ships and certain other services; fluctuations in foreign currency exchange rates; our expansion into new markets and investments in new markets and land-based destination projects; overcapacity in key markets or globally; and other factors set forth under "Risk Factors" in our most recently filed Annual Report on Form 10-K and subsequent filings with the Securities and Exchange Commission. The above examples are not exhaustive and new risks emerge from time to time. There may be additional risks that we currently consider immaterial or which are unknown. Such forward-looking statements are based on our current beliefs, assumptions, expectations, estimates and projections regarding our present and future business strategies and the environment in which we expect to operate in the future. You are cautioned not to place undue reliance on the forward-looking statements included in this release, which speak only as of the date made. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in our expectations with regard thereto or any change of events, conditions or circumstances on which any such statement was based, except as required by law.
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