Independent journal on economy and transport policy
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Norwegian Cruise Line in negotiations in order to acquire Prestige Cruise Holdings
PCH work through the crocieristiche companies Oceania Cruises and Regent Seven Seas Cruises
September 1, 2014
the crocieristico group Norwegian Cruise Line (NCL) is in advanced phase of negotiations in order to acquire the American Prestige Cruise Holdings (PCH), societies to which are under responsibility the crocieristiche companies Oceania Cruises and Regent Seven Seas Cruises (RSSC), for approximately three billions of dollars. It has announced the news agency "Reuters" specifying that the announcement of the agreement would have to be diffuse in these days.
Prestige Cruise Holdings is constituted in 2007 in order to manage the investments in the crocieristico field of Apollo Global Management, than among other things it stops 20% of the capital of the same NCL. Regent Seven Seas Cruises has center to Miami and a fleet formed from the ships from cruise of luxury Seven Seas Voyager (ability 700 passengers), Seven Seas Mariner (700 pax) and Seven Seas Navigator (490 pax); a fourth ship, the Seven Seas Explorer, is currently under construction in the plant of Sestri West (Genoa) of the Fincantieri group and will be introduced in the fleet in the summer of 2016. Oceania Cruises, also it with center to Miami, work in the segment premium with the ships from Insignia cruise (684 pax), Nautical (684 pax), Regatta (684 pax), Navy (1,250 pax) and Coast (1,250 pax).
Norwegian Cruise Line has center to Miami and a fleet of 13 ships from cruise. The company has closed the second trimester of this year with a profit clearly of 111,6 million dollars on revenues for 765,9 million dollars respect to a net loss of -8,8 million dollars on revenues for 644,4 million dollars in the period April-june of 2013. The EBITDA is piled to 210,0 million dollars (+40%) and the operating result to 148,6 million dollars (+56%). "This trimester - it has remembered the president and managing director of NCL, Kevin Sheehan - is the first quarterly period of full operating employment of both the ships of class "Breakaway". With the Norwegian Epic, now these new and profitable ships of the segment premium represent little more than a third party of our ability and in the trimester they have contributed to the doubling of the profits".
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the crocieristico group Norwegian Cruise Line (NCL) is in advanced phase of negotiations in order to acquire the American Prestige Cruise Holdings (PCH), societies to which are under responsibility the crocieristiche companies Oceania Cruises and Regent Seven Seas Cruises (RSSC), for approximately three billions of dollars. It has announced the news agency "Reuters" specifying that the announcement of the agreement would have to be diffuse in these days.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
