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Norwegian Cruise Line Holdings Ltd. (NCLH)

Norwegian Cruise Line Holdings Ltd. (NCLH)

MIAMI, Aug. 08, 2022 (GLOBE NEWSWIRE) – Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (the “Company”) immediately introduced revisions to its SailSAFE well being and security protocols which additional align the Company to the broader journey, leisure and hospitality business worldwide. Vaccinated company aged 12 and over will not have any pre-cruise COVID-19 associated protocols and unvaccinated company might embark with a adverse COVID-19 check taken inside 72 hours previous to departure, topic to native rules. This coverage will go into impact throughout Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises for all sailings that begin on or after September 3, 2022. Requirements might differ for company touring on voyages departing from or visiting locations with particular native rules, together with however not restricted to Canada, Greece and Bermuda. The Company continues to strongly suggest all company be updated on vaccination protocols and check at their comfort previous to journey.

“Our long-awaited revisions to our testing and vaccination requirements bring us closer in line with the rest of society, which has learned to adapt and live with COVID-19, and makes it simpler and easier for our loyal guests to cruise on our three best-in-class brands. Health and safety is our top priority and we will continue to modify our robust SailSAFE program as the public health environment evolves,” stated Frank Del Rio, President and Chief Executive Officer of Norwegian Cruise Line Holdings Ltd. “The relaxation of protocols coupled with continued easing of travel restrictions and the reopening to cruise in more ports around the globe are meaningfully positive for our business as it reduces friction, expands the addressable cruise market, brings variety to itineraries and provides additional catalysts on the road to recovery.”

Key fleetwide protocols modifications, topic to native rules, efficient September 3, 2022 embrace:

  • Vaccinated company aged 12 and older will not have any pre-cruise COVID-19 associated protocols
  • Unvaccinated company, aged 12 and older, or those that can not or decline to supply proof of vaccination, might want to current a adverse medically administered PCR or Antigen COVID-19 check taken not more than 72 hours previous to boarding
  • Guests aged 11 and below is not going to be topic to vaccination necessities or testing protocols of any type
  • Vaccinated company should meet the generally-accepted definition of “fully vaccinated” based mostly on the vacation spot they’re embarking and/or touring to and should present proof of vaccination

About Norwegian Cruise Line Holdings Ltd.

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a number one world cruise firm which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises manufacturers. With a mixed fleet of 29 ships with over 62,000 berths, these manufacturers supply itineraries to roughly 500 locations worldwide. The Company has eight further ships scheduled for supply by 2027, comprising over 20,000 berths.

Cautionary Statement Concerning Forward-Looking StatementsSome of the statements, estimates or projections contained on this launch are “forward-looking statements” inside the which means of the U.S. federal securities legal guidelines supposed to qualify for the secure harbor from legal responsibility established by the Private Securities Litigation Reform Act of 1995. All statements aside from statements of historic info contained on this launch, together with, with out limitation, these concerning our enterprise technique, monetary place, outcomes of operations, plans, prospects, actions taken or methods being thought of with respect to our liquidity place, valuation and value determinations of our property and targets of administration for future operations (together with these concerning anticipated fleet additions, our expectations concerning the impacts of the COVID-19 pandemic, Russia’s invasion of Ukraine and common macroeconomic situations, our expectations concerning cruise voyage occupancy, the implementation of and effectiveness of our well being and security protocols, operational place, demand for voyages, plans or objectives for our sustainability program and decarbonization efforts, our expectations for future money flows and profitability, financing alternatives and extensions, and future value mitigation and money conservation efforts and efforts to cut back working bills and capital expenditures) are forward-looking statements. Many, however not all, of those statements will be discovered by searching for phrases like “expect,” “anticipate,” “goal,” “project,” “plan,” “believe,” “seek,” “will,” “may,” “forecast,” “estimate,” “intend,” “future” and comparable phrases. Forward-looking statements don’t assure future efficiency and will contain dangers, uncertainties and different components which might trigger our precise outcomes, efficiency or achievements to vary materially from the long run outcomes, efficiency or achievements expressed or implied in these forward-looking statements. Examples of those dangers, uncertainties and different components embrace, however usually are not restricted to the influence of: the unfold of epidemics, pandemics and viral outbreaks, together with the COVID-19 pandemic, and their impact on the power or want of individuals to journey (together with on cruises), which is predicted to proceed to adversely influence our outcomes, operations, outlook, plans, objectives, development, fame, money flows, liquidity, demand for voyages and share worth; implementing precautions in coordination with regulators and world public well being authorities to guard the well being, security and safety of company, crew and the communities we go to and to adjust to regulatory restrictions associated to the pandemic; laws prohibiting corporations from verifying vaccination standing; our indebtedness and restrictions within the agreements governing our indebtedness that require us to keep up minimal ranges of liquidity and be in compliance with upkeep covenants and in any other case restrict our flexibility in working our enterprise, together with the numerous portion of property which are collateral below these agreements; our capability to work with lenders and others or in any other case pursue choices to defer, renegotiate, refinance or restructure our current debt profile, near-term debt amortization, newbuild associated funds and different obligations and to work with bank card processors to fulfill present or potential future calls for for collateral on money superior from clients referring to future cruises; our want for added financing or financing to optimize our stability sheet, which might not be obtainable on favorable phrases, or in any respect, and our excellent exchangeable notes and any future financing which can be dilutive to current shareholders; the unavailability of ports of name; future will increase within the worth of, or main modifications or discount in, industrial airline companies; modifications involving the tax and environmental regulatory regimes during which we function, together with new rules aimed toward decreasing greenhouse fuel emissions; the accuracy of any value determinations of our property because of the influence of the COVID-19 pandemic or in any other case; our success in controlling working bills and capital expenditures; tendencies in, or modifications to, future bookings and our capability to take future reservations and obtain deposits associated thereto; hostile occasions impacting the safety of journey, akin to terrorist acts, armed battle, akin to Russia’s invasion of Ukraine, and threats thereof, acts of piracy, and different worldwide occasions; hostile incidents involving cruise ships; hostile common financial and associated components, together with because of the influence of the COVID-19 pandemic, Russia’s invasion of Ukraine or in any other case, akin to fluctuating or growing ranges of rates of interest, inflation, unemployment, underemployment and the volatility of gas costs, declines within the securities and actual property markets, and perceptions of those situations that lower the extent of disposable revenue of shoppers or shopper confidence; breaches in knowledge safety or different disturbances to our data expertise and different networks or our precise or perceived failure to adjust to necessities concerning knowledge privateness and safety; modifications in gas costs and the kind of gas we’re permitted to make use of and/or different cruise working prices; mechanical malfunctions and repairs, delays in our shipbuilding program, upkeep and refurbishments and the consolidation of certified shipyard amenities; the dangers and elevated prices related to working internationally; our incapacity to recruit or retain certified personnel or the lack of key personnel or worker relations points; our incapacity to acquire ample insurance coverage protection; pending or threatened litigation, investigations and enforcement actions; any additional impairment of our logos, commerce names or goodwill; volatility and disruptions within the world credit score and monetary markets, which can adversely have an effect on our capability to borrow and will improve our counterparty credit score dangers, together with these below our credit score amenities, derivatives, contingent obligations, insurance coverage contracts and new ship progress cost ensures; our reliance on third events to supply resort administration companies for sure ships and sure different companies; fluctuations in international forex alternate charges; our enlargement into new markets and investments in new markets and land-based vacation spot initiatives; overcapacity in key markets or globally; and different components set forth below “Risk Factors” in our most lately filed Annual Report on Form 10-Ok, Quarterly Report on Form 10-Q and subsequent filings with the Securities and Exchange Commission. Additionally, many of those dangers and uncertainties are at present amplified by and can proceed to be amplified by, or sooner or later could also be amplified by, the COVID-19 pandemic, Russia’s invasion of Ukraine and the influence of common macroeconomic situations. It isn’t attainable to foretell or establish all such dangers. There could also be further dangers that we take into account immaterial or that are unknown. The above examples usually are not exhaustive and new dangers emerge infrequently. Such forward-looking statements are based mostly on our present beliefs, assumptions, expectations, estimates and projections concerning our current and future enterprise methods and the surroundings during which we anticipate to function sooner or later. These forward-looking statements communicate solely as of the date made. We expressly disclaim any obligation or endeavor to launch publicly any updates or revisions to any forward-looking assertion to mirror any change in our expectations with regard thereto or any change of occasions, situations or circumstances on which any such assertion was based mostly, besides as required by regulation.

Investor Relations & Media Contact

Jessica John(305) 468-2339InvestorRelations@nclcorp.comNCLHMedia@nclcorp.com

Source: Norwegian Cruise Line Holdings Ltd.

Released August 8, 2022

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