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Norwegian Cruise Line

name

Norwegian Cruise Line

id

NCLH

summary

Norwegian Cruise Line (NCL), also known in short as Norwegian, is an American cruise line founded in Norway in 1966, incorporated in Bermuda and headquartered in Miami. It is the fourth-largest cruise line in the world by passengers, controlling about 8.6% of the total worldwide share of the cruise market by passengers as of 2021. It is wholly owned by parent company Norwegian Cruise Line Holdings. Norwegian pioneered many firsts in the cruise industry, including the first exclusive private island, Great Stirrup Cay in the Bahamas, the first combined air-sea program (marketed as 'Cloud 9 Cruises'), which combined low-cost air fares with the cruise, Freestyle Cruising, which is a form of relaxed and informal cruising, and first shipline to develop new ports in the Caribbean, such as Ocho Rios in Jamaica. Norwegian has expanded to other parts of the world, including Alaska, Europe, Bermuda, and Hawaii. Between 1997 and 2001, the company also operated cruises out of Australia under the name Norwegian Capricorn Line and acquired Orient Lines in 1998. Following an initial public offering and corporate reorganisation in 2013, Norwegian was made a wholly owned subsidiary of Norwegian Cruise Line Holdings (NCLH), while Norwegian's previous owners Genting Hong Kong, Apollo Management and TPG Capital exchanged their stakes in Norwegian for shares in the newly listed NCLH. As of August 2023, Norwegian Cruise Line operates 19 cruise ships, with four on order. It has also previously owned or operated 19 other ships. All its ships are flagged to the Bahamas, except for the Pride of America, which operates cruises within the United States and is flagged and registered in the US, as well as being owned by a US-registered subsidiary, NCL America.

founded

1966

headquarters

Miami, Florida, U.S.

key_people

Harry Sommer (CEO)

revenue

$6.06 billion (2018)

parent

Norwegian Cruise Line Holdings

website

ncl.com

area_served

Worldwide

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