Norwegian Cruise Line Holdings announces charter agreements for four cruise ships

Norwegian Cruise Line Holdings has announced the execution of long-term charter agreements, each inclusive of purchase options, for four vessels across its three brands.

Two Norwegian Cruise Line vessels, Norwegian Sky and Norwegian Sun, are to be chartered to Cordelia Cruises, a cruise operator based in India. The charters are anticipated to begin in 2026 and 2027, respectively.

Seven Seas Navigator from Regent Seven Seas Cruises and Insignia from Oceania Cruises will be chartered to Crescent Seas, a residential cruise line. These charters are anticipated to begin in 2026 and 2027, respectively.

“These agreements are a testament to our disciplined approach to fleet optimisation," said Harry Sommer, President and CEO of Norwegian Cruise Line Holdings.

"By strategically repurposing these vessels into markets and uses outside of our core business, we continue to generate value for our shareholders while focusing on a modernised fleet that enhances our guests' vacation experiences.”

Norwegian Cruise Line Holdings currently has 12 ships on order through 2036 across its three brands, including seven for Norwegian Cruise Line, three for Oceania Cruises, and two for Regent Seven Seas Cruises.