Norwegian Cruise Line Holdings Ltd. Ordinary Shares - NCLH STOCK NEWS

Norwegian Cruise Line Holdings (NYSE: NCLH) has enhanced its commitment to responsible sourcing and animal welfare in its supply chain. Announced on June 6, 2022, the company introduced new standards focusing on chicken, eggs, pork, and seafood. Targets include sourcing 100% of chicken from GAP-certified suppliers by 2024, cage-free eggs by 2025, gestation crate-free pork by 2025, and certified sustainable seafood by 2025. These initiatives align with the company’s sustainability program, Sail & Sustain, as it aims to positively impact its supply chain.

Norwegian Cruise Line (NCL) has launched its Norwegian's Giving Joy campaign, awarding 100 teachers with free cruises aboard the new ship, Norwegian Prima, debuting in October 2022. Nominations for deserving educators can be submitted until June 3, 2022, with a chance to win up to $25,000 for their schools. The program, recognizing teacher dedication, has awarded 130 teachers and over $185,000 to schools since 2019. The awards ceremony will feature a performance by GRAMMY winner, Kelly Clarkson, on the cruise. Voting and nominations can be done at nclgivingjoy.com.

Oceania Cruises announced the successful launch of its 2024 Collection on May 4, 2022, marking one of its best booking days ever. More than 350 voyages are available, running from October 2023 to December 2024. Notably, all bookings are new cash transactions, without any dilution from Future Cruise Credits. A third of bookings are from first-time guests, with a significant interest in extended travel options. The 35-day Australia circumnavigation cruise for December 21, 2023, is the standout, with over 60% capacity filled in one day.

Norwegian Cruise Line Holdings has successfully returned its entire fleet back to service, completing a significant milestone in its recovery from the pandemic. In Q1 2022, the company reported revenues of $521.9 million, a sharp increase from $3.1 million in 2021, despite a GAAP net loss of $1 billion. Operating cash flow turned slightly positive in March, with occupancy rates improving each month. The company aims to exceed historical Net Yield levels in 2023 and has positive booking trends for the second half of 2022, but the ongoing Russia-Ukraine conflict led to 60 canceled sailings.

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) will release its first quarter 2022 financial results on May 10, 2022, at 7:00 a.m. ET, followed by a conference call at 10:00 a.m. ET. Investors can access the call via the Company’s Investor Relations website, where a replay will be available for 30 days. The Company operates several cruise brands with a fleet of 28 ships and plans to add nine more ships by 2027, expanding its capacity to nearly 60,000 berths.

Oceania Cruises announced its largest ever itinerary launch for 2024, featuring over 350 voyages across various global destinations, including Europe, Asia, and South America. The collection includes more than 130 Grand Voyages and has itineraries open for reservations as of May 4, 2022. New ports of call include Beppu, Japan and Bluff, New Zealand. The cruise line emphasizes enhanced guest experiences with new suites, culinary offerings, and personalized service, aiming to set a new standard for luxury travel.

Norwegian Cruise Line Holdings (NYSE: NCLH) announced its commitment to achieve net zero emissions by 2050 across its operations and value chain. This includes developing short- and near-term greenhouse gas reduction targets. The Company's inaugural Task Force on Climate-related Financial Disclosures (TCFD) report was also published, enhancing transparency for stakeholders. Key strategies include reducing carbon intensity, investing in technology, exploring alternative fuels, and implementing a carbon offset program.