Quarterly report [Sections 13 or 15(d)]

Description of Business and Organization

v3.25.3
Description of Business and Organization
9 Months Ended
Sep. 30, 2025
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Description of Business and Organization

1.   Description of Business and Organization

We are a leading global cruise company, which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. As of September 30, 2025, we had 34 ships with approximately 71,300 Berths. The Company has orders for 13 additional ships to be delivered from 2026 through 2036.

We have three Prima Class Ships on order with currently scheduled delivery dates from 2026 through 2028. We also have orders for three new classes of ships: four Sonata Class Ships with deliveries currently scheduled from 2027 through 2035, two Prestige Class Ships with deliveries currently scheduled from 2026 through 2030 and four Norwegian Cruise Line ships with deliveries currently scheduled from 2030 through 2036. In July 2025, we confirmed that we will not exercise the options to cancel the orders for the last two Sonata Class Ships.