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NCL orders Two new ships



 
 
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  #1  
Old December 17th, 2004, 05:02 PM
George Leppla
external usenet poster
 
Posts: n/a
Default NCL orders Two new ships

NCL ORDERS TWO NEW SHIPS
FOR DELIVERY IN 2007


NCL announced today that it will build two new 2,400-berth Freestyle
Cruising ships with delivery dates in time for the summer season of 2007.
One ship will be built at Meyer Werft in Papenburg, Germany and will be
delivered in February 2007. The other ship will be built at the Helsinki,
Finland yard of Aker Finnyards and will be delivered in May 2007.

The orders are subject to documentation and certain conditions being
fulfilled before becoming effective, including inter alia, the securing of
specified financing packages. The aggregate effective all-up cost of the two
ships is estimated to be ?770 million, or approximately $1 billion at today's
exchange rates.

The Meyer ship will be an exact repeat of the Norwegian Jewel,
currently under construction at that yard and due for delivery in August
2005. It will have 2,384 lower berths, 10 restaurants, an expansive
top-of-ship complex of Garden Villas and Courtyard Villas, multiple lounges,
bars, and entertainment venues, and some 540 staterooms and suites with
private balconies.

The Aker Finnyards ship will be a new design, incorporating all of the
features of the series of purpose-built Freestyle Cruising ships that NCL
has introduced since 2001. Slightly larger in capacity than the Meyer ship,
it will have around 2,430 berths. Additionally, it will have over 840
staterooms and suites with private balconies. In a first for the industry,
every outside stateroom on this huge ship will have its own private balcony.

The Aker Finnyard's order will include an option for a second ship,
for delivery in early 2008, with exercise of the option by end of August
2005.

Commenting on the new orders, Star Cruises chairman Tan Sri K T Lim
said: "These new orders confirm our strong confidence in this business and
our commitment to rapidly renewing the NCL fleet and putting ourselves in
the position very soon of having the youngest fleet in the industry."

The two new ships will be the eighth and ninth new ships introduced to
the NCL fleet since Star took control of the company in early 2000, bringing
the investment in new ships since that time to over $3.75 billion.

According to Colin Veitch, President and CEO of NCL, "We are very
pleased to have been able to strike these deals at prices that make sense
for us in spite of the weak dollar exchange rate. We will be building with
two excellent shipyards and we know that these will be top quality,
high-earning ships and strong additions to our Freestyle Cruising fleet.

"We are very pleased indeed to be continuing our relationship with
Meyer Werft, a relationship that has spanned almost a decade and that has
resulted in the delivery already of four world class ships to our group, and
now a total of three more on order. With Meyer we know what we are getting
and we are very satisfied with that."

Since 1998, Meyer has delivered Superstar Leo (now Norwegian Spirit),
Superstar Virgo, Norwegian Star, and Norwegian Dawn, and is building
Norwegian Jewel, Pride of Hawai`i, and now this additional repeat of
Norwegian Jewel.

"We are equally pleased", Veitch said, "to be re-opening our
relationship with Aker Finnyards after an interval of roughly 16 years since
the same shipyard delivered the NCL ship Seaward in 1988. And we are excited
at the design solution we and the yard have been able to arrive at that
gives an unprecedented number of balcony cabins on a Panamax ship. It will
be the "richest" ship in the NCL fleet in terms of revenue potential."

NCL has a program in place to transfer to Star Cruises, all six of the
mid-size middle-aged ships that constitute the core NCL fleet from pre-Star
days. Between 2005 and 2009 over 8,000 berths will leave the NCL fleet, and
therefore a major new building program is under way not only to replace
those transferred berths but also to continue to grow the fleet at the same
time. By expanding its building activities beyond its traditional one yard,
NCL will access greater capacity to meet these needs.

"We wanted two new ships in time for the summer of 2007," Veitch said,
"and no one yard could do that for us so we are now at the point where it
makes sense for us to start working with more than one yard."

NCL Corporation ("NCL") is an innovative cruise company headquartered
in Miami, Florida, with a fleet of 14 ships in service and under
construction. The corporation oversees the operations of Norwegian Cruise
Line, NCL America, and Orient Lines. On July 4, 2004, NCL made U.S. maritime
history when it introduced the reflagged Pride of Aloha, the first modern
U.S.-flagged cruise ship in nearly 50 years. The 2,002 passenger ship is
100% U.S.-crewed, and sails year-round in Hawaii under the NCL America brand
alongside Norwegian Wind from sister brand, Norwegian Cruise Line. The
company is currently building three ships, including two more for the NCL
America brand in Hawai`i - Pride of America (delivery in June 2005) and
Pride of Hawai`i (delivery in April 2006). Norwegian Jewel will join the
Norwegian Cruise Line fleet in August 2005.

For further information on NCL or NCL America, agents in the U.S. and
Canada may contact NCL at (800) 327-7030.




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  #2  
Old December 17th, 2004, 06:14 PM
Chrissy Cruiser
external usenet poster
 
Posts: n/a
Default

Thanks for posting and not *SPAMADVERTSING* RTC, George.

MM

================================================

On Fri, 17 Dec 2004 12:02:12 -0500, George Leppla wrote:

NCL ORDERS TWO NEW SHIPS
FOR DELIVERY IN 2007

NCL announced today that it will build two new 2,400-berth Freestyle
Cruising ships with delivery dates in time for the summer season of 2007.
One ship will be built at Meyer Werft in Papenburg, Germany and will be
delivered in February 2007. The other ship will be built at the Helsinki,
Finland yard of Aker Finnyards and will be delivered in May 2007.

The orders are subject to documentation and certain conditions being
fulfilled before becoming effective, including inter alia, the securing of
specified financing packages. The aggregate effective all-up cost of the two
ships is estimated to be ?770 million, or approximately $1 billion at today's
exchange rates.

The Meyer ship will be an exact repeat of the Norwegian Jewel,
currently under construction at that yard and due for delivery in August
2005. It will have 2,384 lower berths, 10 restaurants, an expansive
top-of-ship complex of Garden Villas and Courtyard Villas, multiple lounges,
bars, and entertainment venues, and some 540 staterooms and suites with
private balconies.

The Aker Finnyards ship will be a new design, incorporating all of the
features of the series of purpose-built Freestyle Cruising ships that NCL
has introduced since 2001. Slightly larger in capacity than the Meyer ship,
it will have around 2,430 berths. Additionally, it will have over 840
staterooms and suites with private balconies. In a first for the industry,
every outside stateroom on this huge ship will have its own private balcony.

The Aker Finnyard's order will include an option for a second ship,
for delivery in early 2008, with exercise of the option by end of August
2005.

Commenting on the new orders, Star Cruises chairman Tan Sri K T Lim
said: "These new orders confirm our strong confidence in this business and
our commitment to rapidly renewing the NCL fleet and putting ourselves in
the position very soon of having the youngest fleet in the industry."

The two new ships will be the eighth and ninth new ships introduced to
the NCL fleet since Star took control of the company in early 2000, bringing
the investment in new ships since that time to over $3.75 billion.

According to Colin Veitch, President and CEO of NCL, "We are very
pleased to have been able to strike these deals at prices that make sense
for us in spite of the weak dollar exchange rate. We will be building with
two excellent shipyards and we know that these will be top quality,
high-earning ships and strong additions to our Freestyle Cruising fleet.

"We are very pleased indeed to be continuing our relationship with
Meyer Werft, a relationship that has spanned almost a decade and that has
resulted in the delivery already of four world class ships to our group, and
now a total of three more on order. With Meyer we know what we are getting
and we are very satisfied with that."

Since 1998, Meyer has delivered Superstar Leo (now Norwegian Spirit),
Superstar Virgo, Norwegian Star, and Norwegian Dawn, and is building
Norwegian Jewel, Pride of Hawai`i, and now this additional repeat of
Norwegian Jewel.

"We are equally pleased", Veitch said, "to be re-opening our
relationship with Aker Finnyards after an interval of roughly 16 years since
the same shipyard delivered the NCL ship Seaward in 1988. And we are excited
at the design solution we and the yard have been able to arrive at that
gives an unprecedented number of balcony cabins on a Panamax ship. It will
be the "richest" ship in the NCL fleet in terms of revenue potential."

NCL has a program in place to transfer to Star Cruises, all six of the
mid-size middle-aged ships that constitute the core NCL fleet from pre-Star
days. Between 2005 and 2009 over 8,000 berths will leave the NCL fleet, and
therefore a major new building program is under way not only to replace
those transferred berths but also to continue to grow the fleet at the same
time. By expanding its building activities beyond its traditional one yard,
NCL will access greater capacity to meet these needs.

"We wanted two new ships in time for the summer of 2007," Veitch said,
"and no one yard could do that for us so we are now at the point where it
makes sense for us to start working with more than one yard."

NCL Corporation ("NCL") is an innovative cruise company headquartered
in Miami, Florida, with a fleet of 14 ships in service and under
construction. The corporation oversees the operations of Norwegian Cruise
Line, NCL America, and Orient Lines. On July 4, 2004, NCL made U.S. maritime
history when it introduced the reflagged Pride of Aloha, the first modern
U.S.-flagged cruise ship in nearly 50 years. The 2,002 passenger ship is
100% U.S.-crewed, and sails year-round in Hawaii under the NCL America brand
alongside Norwegian Wind from sister brand, Norwegian Cruise Line. The
company is currently building three ships, including two more for the NCL
America brand in Hawai`i - Pride of America (delivery in June 2005) and
Pride of Hawai`i (delivery in April 2006). Norwegian Jewel will join the
Norwegian Cruise Line fleet in August 2005.

For further information on NCL or NCL America, agents in the U.S. and
Canada may contact NCL at (800) 327-7030.

  #3  
Old December 17th, 2004, 06:14 PM
Chrissy Cruiser
external usenet poster
 
Posts: n/a
Default

Thanks for posting and not *SPAMADVERTSING* RTC, George.

MM

================================================

On Fri, 17 Dec 2004 12:02:12 -0500, George Leppla wrote:

NCL ORDERS TWO NEW SHIPS
FOR DELIVERY IN 2007

NCL announced today that it will build two new 2,400-berth Freestyle
Cruising ships with delivery dates in time for the summer season of 2007.
One ship will be built at Meyer Werft in Papenburg, Germany and will be
delivered in February 2007. The other ship will be built at the Helsinki,
Finland yard of Aker Finnyards and will be delivered in May 2007.

The orders are subject to documentation and certain conditions being
fulfilled before becoming effective, including inter alia, the securing of
specified financing packages. The aggregate effective all-up cost of the two
ships is estimated to be ?770 million, or approximately $1 billion at today's
exchange rates.

The Meyer ship will be an exact repeat of the Norwegian Jewel,
currently under construction at that yard and due for delivery in August
2005. It will have 2,384 lower berths, 10 restaurants, an expansive
top-of-ship complex of Garden Villas and Courtyard Villas, multiple lounges,
bars, and entertainment venues, and some 540 staterooms and suites with
private balconies.

The Aker Finnyards ship will be a new design, incorporating all of the
features of the series of purpose-built Freestyle Cruising ships that NCL
has introduced since 2001. Slightly larger in capacity than the Meyer ship,
it will have around 2,430 berths. Additionally, it will have over 840
staterooms and suites with private balconies. In a first for the industry,
every outside stateroom on this huge ship will have its own private balcony.

The Aker Finnyard's order will include an option for a second ship,
for delivery in early 2008, with exercise of the option by end of August
2005.

Commenting on the new orders, Star Cruises chairman Tan Sri K T Lim
said: "These new orders confirm our strong confidence in this business and
our commitment to rapidly renewing the NCL fleet and putting ourselves in
the position very soon of having the youngest fleet in the industry."

The two new ships will be the eighth and ninth new ships introduced to
the NCL fleet since Star took control of the company in early 2000, bringing
the investment in new ships since that time to over $3.75 billion.

According to Colin Veitch, President and CEO of NCL, "We are very
pleased to have been able to strike these deals at prices that make sense
for us in spite of the weak dollar exchange rate. We will be building with
two excellent shipyards and we know that these will be top quality,
high-earning ships and strong additions to our Freestyle Cruising fleet.

"We are very pleased indeed to be continuing our relationship with
Meyer Werft, a relationship that has spanned almost a decade and that has
resulted in the delivery already of four world class ships to our group, and
now a total of three more on order. With Meyer we know what we are getting
and we are very satisfied with that."

Since 1998, Meyer has delivered Superstar Leo (now Norwegian Spirit),
Superstar Virgo, Norwegian Star, and Norwegian Dawn, and is building
Norwegian Jewel, Pride of Hawai`i, and now this additional repeat of
Norwegian Jewel.

"We are equally pleased", Veitch said, "to be re-opening our
relationship with Aker Finnyards after an interval of roughly 16 years since
the same shipyard delivered the NCL ship Seaward in 1988. And we are excited
at the design solution we and the yard have been able to arrive at that
gives an unprecedented number of balcony cabins on a Panamax ship. It will
be the "richest" ship in the NCL fleet in terms of revenue potential."

NCL has a program in place to transfer to Star Cruises, all six of the
mid-size middle-aged ships that constitute the core NCL fleet from pre-Star
days. Between 2005 and 2009 over 8,000 berths will leave the NCL fleet, and
therefore a major new building program is under way not only to replace
those transferred berths but also to continue to grow the fleet at the same
time. By expanding its building activities beyond its traditional one yard,
NCL will access greater capacity to meet these needs.

"We wanted two new ships in time for the summer of 2007," Veitch said,
"and no one yard could do that for us so we are now at the point where it
makes sense for us to start working with more than one yard."

NCL Corporation ("NCL") is an innovative cruise company headquartered
in Miami, Florida, with a fleet of 14 ships in service and under
construction. The corporation oversees the operations of Norwegian Cruise
Line, NCL America, and Orient Lines. On July 4, 2004, NCL made U.S. maritime
history when it introduced the reflagged Pride of Aloha, the first modern
U.S.-flagged cruise ship in nearly 50 years. The 2,002 passenger ship is
100% U.S.-crewed, and sails year-round in Hawaii under the NCL America brand
alongside Norwegian Wind from sister brand, Norwegian Cruise Line. The
company is currently building three ships, including two more for the NCL
America brand in Hawai`i - Pride of America (delivery in June 2005) and
Pride of Hawai`i (delivery in April 2006). Norwegian Jewel will join the
Norwegian Cruise Line fleet in August 2005.

For further information on NCL or NCL America, agents in the U.S. and
Canada may contact NCL at (800) 327-7030.

 




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