• Strategic Fleet Optimization: Norwegian Cruise Line Holdings is selling Oceania Sirena with a leaseback through spring 2028 as part of a plan to transition five older ships out of service over three years.
• Enhanced Oceania Product Fit: Oceania Cruises is focusing on more intimate, suite-forward vessels, highlighted by the transformation of Oceania Nautica into the upgraded Oceania Aurelia.
• Industry-Leading Suite Sizes: Regent Seven Seas Cruises is expanding entry-level suites across its Seven Seas Explorer-class ships, creating the largest entry-level suites in the ultra-luxury segment.
• Disciplined Long-Term Growth: Supported by sixteen new ships on order through 2037, the company prioritizes fleet quality, guest space ratios, and enhanced service over simple capacity expansion

Norwegian Cruise Line Holdings is taking strategic steps to elevate its high-end portfolio, positioning both Oceania Cruises and Regent Seven Seas Cruises for sustainable success and refined traveler experiences. Under the leadership of President and Chief Executive Officer John Chidsey, the cruise company is executing a deliberate plan to align ship hardware closely with premium brand identity, driving higher service standards and distinct market differentiation.

A key highlight of this fleet strategy includes the planned sale of Oceania Sirena with a leaseback agreement, allowing the vessel to remain in active service through spring 2028 before transitioning out of the fleet. This move forms part of a broader initiative to streamline Oceania’s fleet toward intimate, suite-forward vessels. A prime example is the reimagining of Oceania Nautica into Oceania Aurelia, which will welcome guests with upgraded accommodations, enhanced service levels, and a cozy atmosphere.

Concurrently, Regent Seven Seas Cruises is enhancing its award-winning luxury offerings by introducing redesigned entry-level suites across its Seven Seas Explorer-class ships. This ambitious renovation gives Regent the largest entry-level suites in the entire ultra-luxury cruise sector while boosting space ratios and guest-to-crew ratios for maximum personal comfort.

Overall, Norwegian Cruise Line Holdings expects five older vessels to transition out of its fleet over the next three years while managing a robust orderbook of sixteen innovative newbuilds across its three brands. Chief Financial Officer Mark Kempa emphasized that these strategic actions focus on improving overall fleet quality rather than growing capacity alone. By combining modern hardware upgrades, thoughtful space expansion, and disciplined portfolio management, Norwegian Cruise Line Holdings continues to raise the bar for premium ocean travel, delivering uncompromised quality, spacious accommodations, and world-class service for discerning vacationers around the globe.