STOCK TITAN

Norwegian Cruise Line Holdings Pledges $80,000 to American Red Cross for Hurricanes Milton and Helene Relief Efforts, Including a $50,000 Donation Match

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

Norwegian Cruise Line Holdings (NYSE: NCLH) has pledged $80,000 to the American Red Cross for Hurricane Milton and Hurricane Helene relief efforts. This includes a $30,000 donation for Hurricane Helene relief and a $50,000 donation match for Hurricane Milton relief. Both hurricanes caused significant damage in Florida and other Southern states, with Milton impacting major cities like Tampa, Fort Myers, and Orlando as a Category 3 storm.

NCLH's CEO, Harry Sommer, emphasized the company's commitment to helping communities in need, aligning with their 'Strengthening Our Communities' pillar of their Sail & Sustain program. The Red Cross has been important in supporting affected communities, providing shelters, food, and critical relief supplies. Anne McKeough, chief development officer at the American Red Cross, expressed gratitude for NCLH's support in helping families recover from these storms.

Loading...
Loading translation...

Positive

  • NCLH demonstrates corporate social responsibility by pledging $80,000 for hurricane relief efforts
  • The company's actions align with its 'Strengthening Our Communities' initiative, potentially enhancing brand image

Negative

  • None.

News Market Reaction 1 Alert

-0.22% News Effect

On the day this news was published, NCLH declined 0.22%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

MIAMI, Oct. 10, 2024 (GLOBE NEWSWIRE) -- In the wake of the devastation caused by Hurricane Milton and Hurricane Helene, Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) has announced a total contribution of $80,000 to the American Red Cross to help those in affected communities. In addition to the $30,000 it previously donated to the Red Cross to support Hurricane Helene relief efforts, it will match up to $50,000 more in public donations toward Hurricane Milton relief efforts. This contribution aims to provide immediate relief to the communities impacted by the storms.

Hurricane Milton made landfall as a Category 3 storm on Florida’s Gulf Coast, impacting major cities like Tampa, Fort Myers, and Orlando. Strong winds, heavy rains, and storm surges led to widespread flooding and power outages across Central Florida, with millions of residents affected. This followed Hurricane Helene’s destruction, which caused widespread devastation across the Florida’s Gulf Coast and several Southern states earlier this month.

“For decades, Florida has been home to NCLH, and we feel deeply connected to this community,” said Harry Sommer, president and CEO at Norwegian Cruise Line Holdings. “Seeing the devastation in our own backyard and neighboring states has been heartbreaking. ‘Strengthening Our Communities’ is a key pillar of our global Sail & Sustain program, and we are committed to helping those in need. Our donation to the American Red Cross is focused on providing direct relief, helping families rebuild their lives and regain a sense of stability and hope as they recover.”

The Red Cross, working with partners, has been crucial in supporting communities affected by Hurricanes Milton and Helene. For Helene, disaster workers set up shelters, distributed food, and provided critical relief supplies. In preparation for Milton, 83,000 people sought refuge in Red Cross shelters where they found a safe place to ride out the storm.

“With Hurricane Milton following closely in Hurricane Helene’s wake, the American Red Cross is on the ground helping families recover from these vicious storms,” said Anne McKeough, chief development officer at the American Red Cross. “We’re thankful to Norwegian Cruise Line Holdings for standing with us to provide help and hope as communities begin to navigate the long road to recovery.”

To join NCLH in supporting the Hurricane relief efforts by the Red Cross and donate towards the $50,000 match, please visit: American Red Cross.

About Norwegian Cruise Line Holdings Ltd.

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 32 ships and approximately 66,500 berths, NCLH offers itineraries to approximately 700 destinations worldwide. NCLH expects to add 13 additional ships across its three brands through 2036, which will add approximately 41,000 berths to its fleet. To learn more, visit www.nclhltd.com

Media Contact:

Sarah Inmon
(786) 812-3233
NCLHMedia@nclcorp.com


FAQ

How much did Norwegian Cruise Line Holdings (NCLH) pledge for hurricane relief efforts?

Norwegian Cruise Line Holdings (NCLH) pledged a total of $80,000 to the American Red Cross for Hurricane Milton and Hurricane Helene relief efforts.

What is the breakdown of NCLH's hurricane relief donation?

NCLH donated $30,000 for Hurricane Helene relief and is offering a $50,000 donation match for Hurricane Milton relief efforts.

Which areas were affected by Hurricane Milton according to the NCLH press release?

According to the press release, Hurricane Milton impacted major Florida cities including Tampa, Fort Myers, and Orlando, causing widespread flooding and power outages across Central Florida.

How can the public contribute to NCLH's hurricane relief efforts?

The public can contribute to NCLH's hurricane relief efforts by donating to the American Red Cross, with NCLH matching up to $50,000 in public donations for Hurricane Milton relief.
Norwegian Cruise Line Hldg Ltd

NYSE:NCLH

NCLH Rankings

NCLH Latest News

NCLH Latest SEC Filings

NCLH Stock Data

10.49B
452.34M
0.4%
79.82%
5.53%
Travel Services
Water Transportation
Link
United States
MIAMI