Norwegian Cruise Line Holdings Ltd. (NCLH) - Experts & Thought Leaders

The keel laying ceremony for "Seven Seas Prestige", the ultra-luxury cruise ship which Fincantieri is building for Regent Seven Seas Cruises, took place at Fincantieri's shipyard in Marghera (Venice). The vessel is scheduled for delivery in 2026. Cruise industry milestone The ceremony was attended, among others, by Harry Sommer, President & Chief Executive Officer of Norwegian Cruise Line Holdings Ltd, Jason Montague, Chief Luxury Officer of Regent Seven Seas Cruises, Patrik Dahlgren, Executive Vice President, Chief Vessel Operations and Newbuild Officer Norwegian Cruise Line Holdings Ltd., Daniele Fanara, Fincantieri Senior Vice President New Building and After Sales, and Marco Lunardi, Senior Vice President Marghera shipyard. Crafted for luxury Three specially chosen coins were welded onto the bottom of the ship as part of a longstanding maritime traditionDuring the event, three specially chosen coins were welded onto the bottom of the ship as part of a longstanding maritime tradition and a symbol of good luck and blessing for the vessel. With a gross tonnage of 77,000 tons and a length of 257 meters, "Seven Seas Prestige" will accommodate approximately 850 passengers in 434 spacious suites, offering one of the highest guest-to-space ratios in the industry. The ship will embody sophist cation and refinement that is the epitome of timeless elegance, integrating the most advanced environmental technologies and introducing new accommodation categories, new dining and many more incredible experiences for luxury travelers. Luxury redefined "Seven Seas Prestige" will be the first vessel in the new Prestige Class, a generation of ships following the highly successful Explorer series, also built by Fincantieri: "Seven Seas Explorer" (2016), "Seven Seas Splendor" (2020), and "Seven Seas Grandeur" (2023), delivered respectively from the Sestri Ponente (Genoa) and Ancona shipyards.

Watson Farley & Williams (“WFW”) advised a syndicate of lenders led by BNP Paribas (“BNPP”), SACE SpA and SIMEST SpA on the financing and delivery of the cruise vessel Norwegian Aqua, owned by Norwegian Cruise Line Holdings Ltd. group (“NCLH”) and built at Fincantieri’s Marghera shipyard in Italy. Norwegian Aqua is the third of NCLH’s Prima-class vessels and, at approximately 156,000 gt, is the largest vessel to be built at the Marghera shipyard. It can accommodate approximately 3,550 passengers and offers travellers a 10% increase in size and capacity to its guests compared to its sister vessels. Comparable cruise lines Norwegian Aqua's design reflects Norwegian Cruise Line's commitment to sustainability and innovation for a responsible cruise experience. First, it is designed to be spacious, offering up to 36% more space per guest than comparable cruise lines. It also stands out as one of the most visually striking ships ever constructed with the design of the hull artwork signed from artist Allison Hueman. As part of its numerous advanced technological features, Norwegian Aqua debuts the Aqua Slidecoaster, the world’s first hybrid roller coaster and water slide at sea using a magnetic lift system to launch guests through twists and turns. Its Glow Court is a first-of-its-kind interactive space that transforms a high-tech LED sport arena by day into a nightclub. Responsible cruise experience The NCLH group expects to add 12 additional ships across its three brands through 2036 NCLH is a global cruise company which operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. With a combined fleet of 33 ships and approximately 70,000 berths, they offer itineraries to approximately 700 destinations worldwide. The NCLH group expects to add 12 additional ships across its three brands through 2036, which will add approximately 37,000 berths to its fleet. The cross-border WFW Finance team that advised the lenders was led by Paris Partner Alexia Russell, supported by London Associate Parit Patani, Paris Associate Panagiotis Pantos and Trainee Solicitor Emma Devenish. Alexia commented: “We are delighted to have assisted BNPP and the lenders on another successful delivery for NCLH, having most recently advised the syndicate of lenders on the deliveries of Seven Seas Grandeur and Vista in 2023. We wish both the vessel and NCLH all the best as it enters into service.”

Fincantieri is pleased to announce that the Letter of Intent signed with Norwegian Cruise Line Holdings Ltd. (NCLH) on April 8, 2024, has been successfully converted into a firm order for the construction of four new cruise ships for the Norwegian Cruise Line (NCL) brand. This significant agreement, subject to financing and other customary conditions, represents a contract valued at over €2 billion. Comfort, technology, and sustainability With a gross tonnage of approximately 226,000 tons, these vessels will be the largest ever built for NCL. They will be constructed at Fincantieri’s Monfalcone shipyard, with deliveries scheduled for 2030, 2032, 2034, and 2036. Each ship will feature over 5,100 berths, accommodating more than 8,300 people, including crew, while incorporating the latest standards in comfort, technology, and sustainability. New order This new order strengthens the long-standing partnership between Fincantieri and NCLH. Fincantieri has previously delivered two ships for the NCL brand—Norwegian Prima and Norwegian Viva with Norwegian Aqua, the first unit of the Prima Plus class, set for delivery in the coming months. Additionally, three other vessels are currently in various stages of design and construction.