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From the Blogs

Norwegian Cruise Line buys Prestige Cruises and Regent Seven Seas Cruises.

Norwegian Cruise Line (NCL) announced it is buying Prestige Cruises International, holding company of Oceania and Regent Seven Seas Cruises. The move brings NCL into line with its large peers Carnival Cruise Lines (CCL) and Royal Caribbean Cruise Lines (RCCL) by adding upscale brands to diversify their offerings.

Royal Caribbean Orders 5th Quantum

This morning Royal Caribbean went public with news that it will purchase a fifth unit of the Quantum class. "It is such a pleasure to announce the order of another Quantum-class ship as we are welcoming Anthem of the Seas to North America," said Richard D. Fain, Chairman and CEO, Royal Caribbean Cruises Ltd. "These ships have been received with excitement, and performed exceptionally well, across the globe. We fully expect that momentum to continue as we add to this innovative class of ships."

"It is such a pleasure to announce the order of another Quantum-class ship as we are welcoming Anthem of the Seas to North America," said Richard D. Fain, Chairman and CEO, Royal Caribbean Cruises Ltd. "These ships have been received with excitement, and performed exceptionally well, across the globe. We fully expect that momentum to continue as we add to this innovative class of ships."

Royal Caribbean's press release alludes to the capacity increase the new ship would represent but also notes that the sale of existing ships is not taken into account.

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