norwegian cruise line who owns

Who owns Norwegian Cruise Line? Here’s who owns NCL and its two sister brands

With a fleet of 19 ships that offer great food, award-winning entertainment and top-deck jaw-droppers like laser tag, go-karts and waterslides, Norwegian Cruise Line is one of the cruise industry's most popular brands.

But who owns Norwegian Cruise Line?

NCL is owned by Norwegian Cruise Line Holdings, a publicly traded parent company that owns three total brands. And if you're wondering who owns Oceania Cruises or who owns Regent Seven Seas Cruises, the answer is the same – NCLH.

Below is the list of cruise lines owned by NCLH, along with a brief explanation of each and how it came to be under NCLH control.

Norwegian Cruise Line

Originally founded as Norwegian Caribbean Lines in 1966, Norwegian Cruise Line was officially born in 1987, four years after Norwegian Caribbean Lines purchased and merged with Royal Viking Line.

As a forerunner among cruise lines, NCL was the first to sail weekly cruises from Florida to the Caribbean and the first cruise line to have a private island destination. It pioneered the concept of Freestyle Cruising, which has no formal dress codes and no set dining times or tablemates — a departure from the classic cruise style of the early days.

In its most modern iterations, the line features astounding technology that ranges from a giant virtual-reality arcade and laser tag to nearly full-scale Broadway productions.

In 2013, the line went public under Norwegian Cruise Line Holdings. One year later, NCLH acquired Prestige Cruises International, Inc. — the former parent company of Oceania Cruises and Regent Seven Seas Cruises — from a private equity firm and rolled all three brands under the NCLH umbrella.

Related: All you need to know about Norwegian Cruise Line

Oceania Cruises

Created in 2002 by Frank Del Rio, longtime president and CEO of NCLH, Oceania Cruises is a luxury line that's a bit more affordable than some of the other luxury brands because it doesn't have as many amenities included in its fares.

It has seven (soon to be eight) elegant midsize ships, carrying from 670 to 1,250 passengers each. One of the line's main focuses is food. Oceania's culinary offerings are second to none in the industry, but that's expected with an executive culinary director as prestigious as French chef Jacques Pepin.

Oceania joined NCLH when Norwegian acquired Prestige Cruises International, Inc., in 2014.

Related: All you need to know about Oceania Cruises

Regent Seven Seas Cruises

In 1992, two brands — Seven Seas Cruises and Radisson Cruises — combined to form Radisson Seven Seas Cruises. In 2006, its name was changed to Regent Seven Seas Cruises, which is what it remains today.

When the line changed hands in 2008, Prestige Cruises International, Inc. was created as an umbrella company for Regent and Oceania. Prestige was eventually purchased by NCLH in 2014, which brought Regent into the Norwegian family of cruise lines.

Regent operates as an ultra-luxury, nearly all-inclusive brand — perhaps the most lavish and expensive of any cruise line. It features fine linens, fantastic food, cooking classes, extensive onboard art collections and marble bathrooms. Its fares include things like gratuities, alcohol, Wi-Fi and even some shore excursions.

The fleet's six vessels are on the smaller side, with the largest carrying just 750 passengers. That makes for more intimate experiences and fewer onboard crowds.

Related: All you need to know about Regent Seven Seas Cruises

Norwegian Cruise Line Holdings FAQ

Who is the sister company of norwegian cruise line.

NCL has two sister companies, Oceania Cruises and Regent Seven Seas Cruises.

Is Royal Caribbean owned by Norwegian?

No. Royal Caribbean is owned and operated by Royal Caribbean Group.

Is Carnival Cruise Line owned by Norwegian Cruise Line?

No. Carnival Cruise Line is owned and operated by Carnival Corporation & PLC.

Is Princess Cruises owned by Norwegian?

No. Princess Cruises is owned and operated by Carnival Corp.

Planning a cruise? Start with these stories:

• 5 ways cruise lines are nickel-and-diming worse than ever
• The 5 most desirable cabin locations on any cruise ship
• A beginners guide to picking a cruise line
• The 8 worst cabin locations on any cruise ship
• The ultimate guide to what to pack for a cruise
• A quick guide to the most popular cruise lines
• 21 tips and tricks that will make your cruise go smoothly
• Top ways cruisers waste money
• The ultimate guide to choosing a cruise ship cabin

Who owns Norwegian Cruise Line? Here’s who owns NCL and its two sister brands

W ith a fleet of 19 ships that offer great food, award-winning entertainment and top-deck jaw-droppers like laser tag, go-karts and waterslides, Norwegian Cruise Line is one of the cruise industry's most popular brands.

But who owns Norwegian Cruise Line?

NCL is owned by Norwegian Cruise Line Holdings, a publicly traded parent company that owns three total brands. And if you're wondering who owns Oceania Cruises or who owns Regent Seven Seas Cruises, the answer is the same – NCLH.

Below is the list of cruise lines owned by NCLH, along with a brief explanation of each and how it came to be under NCLH control.

For more cruise guides, news, reviews and tips, sign up for TPG's cruise newsletter .

Norwegian Cruise Line

Originally founded as Norwegian Caribbean Lines in 1966, Norwegian Cruise Line was officially born in 1987, four years after Norwegian Caribbean Lines purchased and merged with Royal Viking Line.

As a forerunner among cruise lines, NCL was the first to sail weekly cruises from Florida to the Caribbean and the first cruise line to have a private island destination. It pioneered the concept of Freestyle Cruising, which has no formal dress codes and no set dining times or tablemates — a departure from the classic cruise style of the early days.

In its most modern iterations, the line features astounding technology that ranges from a giant virtual-reality arcade and laser tag to nearly full-scale Broadway productions.

In 2013, the line went public under Norwegian Cruise Line Holdings. One year later, NCLH acquired Prestige Cruises International, Inc. — the former parent company of Oceania Cruises and Regent Seven Seas Cruises — from a private equity firm and rolled all three brands under the NCLH umbrella.

Related: All you need to know about Norwegian Cruise Line

Oceania Cruises

Created in 2002 by Frank Del Rio, longtime president and CEO of NCLH, Oceania Cruises is a luxury line that's a bit more affordable than some of the other luxury brands because it doesn't have as many amenities included in its fares.

It has seven (soon to be eight) elegant midsize ships, carrying from 670 to 1,250 passengers each. One of the line's main focuses is food. Oceania's culinary offerings are second to none in the industry, but that's expected with an executive culinary director as prestigious as French chef Jacques Pepin.

Oceania joined NCLH when Norwegian acquired Prestige Cruises International, Inc., in 2014.

Related: All you need to know about Oceania Cruises

Regent Seven Seas Cruises

In 1992, two brands — Seven Seas Cruises and Radisson Cruises — combined to form Radisson Seven Seas Cruises. In 2006, its name was changed to Regent Seven Seas Cruises, which is what it remains today.

When the line changed hands in 2008, Prestige Cruises International, Inc. was created as an umbrella company for Regent and Oceania. Prestige was eventually purchased by NCLH in 2014, which brought Regent into the Norwegian family of cruise lines.

Regent operates as an ultra-luxury, nearly all-inclusive brand — perhaps the most lavish and expensive of any cruise line. It features fine linens, fantastic food, cooking classes, extensive onboard art collections and marble bathrooms. Its fares include things like gratuities, alcohol, Wi-Fi and even some shore excursions.

The fleet's six vessels are on the smaller side, with the largest carrying just 750 passengers. That makes for more intimate experiences and fewer onboard crowds.

Related: All you need to know about Regent Seven Seas Cruises

Norwegian Cruise Line Holdings FAQ

Who is the sister company of norwegian cruise line.

NCL has two sister companies, Oceania Cruises and Regent Seven Seas Cruises.

Is Royal Caribbean owned by Norwegian?

No. Royal Caribbean is owned and operated by Royal Caribbean Group.

Is Carnival Cruise Line owned by Norwegian Cruise Line?

No. Carnival Cruise Line is owned and operated by Carnival Corporation & PLC.

Is Princess Cruises owned by Norwegian?

No. Princess Cruises is owned and operated by Carnival Corp.

Planning a cruise? Start with these stories:

• 5 ways cruise lines are nickel-and-diming worse than ever
• The 5 most desirable cabin locations on any cruise ship
• A beginners guide to picking a cruise line
• The 8 worst cabin locations on any cruise ship
• The ultimate guide to what to pack for a cruise
• A quick guide to the most popular cruise lines
• 21 tips and tricks that will make your cruise go smoothly
• Top ways cruisers waste money
• The ultimate guide to choosing a cruise ship cabin

Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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Norwegian Cruise Line has been the premier innovator in the cruise line industry for over 57 years. We were the first to eliminate set dining times and provide guests with the freedom to cruise on their timetable to over 450 incredible destinations around the world. Our award-winning fleet provides an unparalleled onboard experience and will continue to expand with the arrival of our Prima Class ships.

Guests are welcomed aboard with a wide variety of complimentary and speciality dining options, entertainment that ranges from live music and comedy to shows straight from Broadway and our wide range of accommodations that are perfect for any type of traveller.

In the coming years, Norwegian’s commitment to innovation will continue to raise the bar for the cruise industry.

• Ship 17 Award-Winning Cruise Ships
• Destinations 17 Cruise Destinations
• Dining x Dining Options
• Accommodations x Types of Accommodation
• Entertainment x Ways to Entertain
• Awards x Awards

Why We Are The Innovators in Cruise Travel

• Destinations
• Accommodation
• Entertainment

Our award-winning fleet is constantly being improved and expanded. From our newest ships, like Norwegian Prima and Norwegian Viva, to vessels that have been updated from bow to stern and beyond, our guests are provided with the best on board experience.

Where to next? Norwegian Cruise Line will take you there. Only Norwegian Pride of America sails year-round from Honolulu and takes you to 4 islands in 7 days. The best way to experience Alaska is with the youngest fleet cruising the Last Frontier. Visit the Old Continent with "Europe's Leading Cruise Line" 13 years running. Our private island paradise, Great Stirrup Cay, and The Caribbean's premier resort-style destination, Harvest Caye, along with our amazing sailings, have earned us the title of "Caribbean's Leading Cruise Line" eight years in a row.

Get a taste of the world without leaving the ship. With a variety of superb restaurants and no set dining times, you can enjoy our wide selection of up to 28 speciality and complimentary dining options on your timetable . A three-course meal awaits you however, whenever, and with whoever you want at our three main dining rooms. Starbucks ® cafes and kiosks are now available fleetwide so you can start your day in your favourite way. Take a tour of Italy with the authentic Tuscan cuisine at La Cucina. Premium cuts of steak will welcome you on The Waterfront at Cagney’s Steakhouse. Want to step outside your comfort food zone? Food Republic will take your taste buds on a culinary expedition.

Find your home away from home no matter where you roam in our wide selection of contemporary staterooms. Cruise in the lap of luxury in The Haven, our exclusive enclave with our most luxurious accommodations located at the top of the ship. Enjoy the spacious and beautifully appointed Concierge Class accommodations aboard Norwegian Joy. If you're looking to start your days with ocean views, our Balcony Suites will greet you with seaside sights every morning. Bringing the whole family? Our larger and connecting staterooms will let everyone cruise in comfort. For those cruising alone, our award-winning Studios are specially designed for solo travellers and include access to an exclusive private lounge.

Norwegian Cruise Line offers an incredible lineup of award-winning entertainment. From Broadway hits like Kinky Boots, Jersey Boys and Rock of Ages, to the breathtaking acrobatics of Cirque Dreams and the Latin rhythms of Burn the Floor, it's never-ending excitement on board. Our fleet has a wide variety of venues where guests can enjoy live music, stop by for a hilarious comedy show or watch a live performance of their favourite shows, like Deal or No Deal. It's never a dull moment with Norwegian Cruise Line.

Get to Know Our Leadership Team

Harry Sommer

President and Chief Executive Officer, Norwegian Cruise Line Holdings Ltd.

David J. Herrera

President, Norwegian Cruise Line

Senior Vice President of Guest Services, Norwegian Cruise Line

Adam Malone

Chief Marketing Officer, Norwegian Cruise Line

John Chernesky

Senior Vice President of North America Sales, Norwegian Cruise Line

Michael Tomoleoni

Chief Consumer Sales Officer, Norwegian Cruise Line

Daniela Jolodosky

Vice President, Brand Finance & Strategy Norwegian Cruise Line

Jason Krimmel

Chief International Sales and Marketing Officer, Norwegian Cruise Line

Neil Brodie

Vice President of Experiences At Sea, Charters, Meetings, and Incentives, Norwegian Cruise Line Holdings Ltd.

Sail & Sustain Our Environmental Commitment

We remain committed to being a responsible corporate citizen by fostering a culture of awareness and respect for our world's resources. Our core company values extend beyond our ships and encourages the preservation of the precious natural resources that are integral to our success. Our ability to offer fantastic guest experiences relies on the clean and healthy marine environment and well-being of the destinations we visit.

Awards & Accomplishments

From award-winning dining and entertainment, to year after year of itinerary accolades, Norwegian Cruise Line has been on hot lists and readers' choice awards since 2003. Visit our awards page for nearly two decades' worth of accomplishments.

We Take Great Effort to Maintain Safety & Security

Norwegian Cruise Line takes great effort in maintaining a safe and clean environment. We have stringent protocols in place for cleaning and sanitation on all of our vessels. According to CDC sanitation inspection reports over the last 10 years, Norwegian is one of the most hygienic cruise lines. Here is a link to an article detailing our sanitation record:

Join Our Team Career Opportunities

Corporate Employment

We have exciting land-based opportunities at our corporate offices in Miami, Florida. In addition, we have sales and reservations offices in Sunrise, Florida and Mesa, Arizona. If you think you have what it takes to be a part of our future, click below to view available opportunities.

Shipboard Employment at Norwegian Cruise Line

Travelling as fast as 25 knots, it's tough to have a slow day at work. Find your place in the world at any of the hundreds of positions on board our fleet of ships to some of the world's best destinations.

For Our Investors

Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a leading global cruise company which operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. With a combined fleet of 32 ships and approximately 66,500 berths, NCLH offers itineraries to approximately 700 destinations worldwide. NCLH expects to add 13 additional ships across its three brands through 2036, which will add approximately 41,000 berths to its fleet.

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Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean. It distributes its products through retail/travel advisor and onboard cruise sales channels, as well as meetings, incentives, and charters. Norwegian Cruise Line Holdings Ltd. was founded in 1966 and is based in Miami, Florida.

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Who Owns Norwegian Cruise Line

Published: December 16, 2023

Modified: December 28, 2023

by Lexi Crossley

Introduction

Welcome to the fascinating world of Norwegian Cruise Line (NCL), a renowned name in the cruising industry. As you embark on your journey through this article, we will delve into the captivating world of NCL and explore the intricate web of ownership that governs this celebrated cruise line.

Since its inception, Norwegian Cruise Line has been synonymous with exceptional voyages, unparalleled experiences, and unforgettable memories. With a rich history spanning several decades, NCL has become a global leader in the cruise industry, offering a wide range of itineraries to destinations all over the world.

As with any successful company, understanding the ownership structure of Norwegian Cruise Line is key to unraveling its intricate dynamics. In this article, we will shed light on the major shareholders of NCL and examine the potential impacts of the ownership structure on the company’s operations and strategies.

Whether you are a cruising enthusiast, a potential investor, or simply curious about the inner workings of the cruise industry, this article will provide you with valuable insights into the ownership control of Norwegian Cruise Line.

Brief History of Norwegian Cruise Line

Founded in 1966 under the name Norwegian Caribbean Line, Norwegian Cruise Line (NCL) has come a long way to become one of the most recognizable names in the cruising world. The company was originally established as a joint venture between Norwegian shipowner Knut Kloster and Ted Arison, an Israeli shipping magnate.

In the early years, NCL operated its first cruise ship, the MS Sunward, catering primarily to the Caribbean market. The company quickly gained a reputation for its innovative approach to cruising, introducing the concept of freestyle cruising – a flexible and relaxed onboard experience where guests can dine, dress, and play at their leisure.

The 1980s saw Norwegian Cruise Line expand its fleet and venture into new destinations, including Alaska and Europe. In 1995, the company underwent a significant transformation as it was acquired by the Malaysia-based Genting Group. Under Genting’s ownership, NCL experienced rapid growth, with the addition of new ships, innovative onboard amenities, and expanded itineraries.

In recent years, NCL has continued to innovate and push boundaries in the cruise industry. The company introduced their Breakaway and Breakaway Plus class ships, featuring thrilling amenities such as water parks, go-kart racing tracks, and Broadway-style entertainment. NCL has also focused on sustainability efforts, implementing environmentally friendly practices and technologies across its fleet.

With its rich history of innovation and a commitment to providing exceptional guest experiences, Norwegian Cruise Line has firmly established itself as a global leader in the cruise industry.

Ownership Structure of Norwegian Cruise Line

To fully understand the ownership structure of Norwegian Cruise Line (NCL), it is essential to examine the relationships between its parent company, subsidiaries, and major stakeholders. At the core of NCL’s ownership structure is a complex web of relationships that governs decision-making and control within the company.

Norwegian Cruise Line Holdings Ltd. (NCLH) serves as the parent company of NCL, and it is publicly traded on the New York Stock Exchange under the ticker symbol “NCLH”. NCLH owns multiple subsidiary brands, including Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises.

As of [current year], the largest shareholder of Norwegian Cruise Line Holdings is Genting Hong Kong Ltd., an investment holding company based in Hong Kong. Genting Hong Kong holds a significant stake in NCLH and has a substantial influence over the strategic direction and decision-making processes of the company.

In addition to Genting Hong Kong, other notable shareholders of NCLH include institutional investors and mutual funds. These entities hold varying levels of ownership in NCLH and play a significant role in shaping the company’s governance.

Furthermore, it is important to mention that NCLH operates as a publicly traded company, meaning that shares of the company can be bought and sold on the stock market by individual and institutional investors. This open ownership structure allows for increased liquidity and transparency in NCLH’s operations.

It is worth noting that the ownership structure of Norwegian Cruise Line is subject to change, as shareholders may buy or sell their stakes, and companies may engage in mergers, acquisitions, or divestitures. Therefore, it is vital for investors and stakeholders to stay informed about any updates or developments in NCL’s ownership landscape.

Overall, the ownership structure of Norwegian Cruise Line is characterized by its parent company, Norwegian Cruise Line Holdings Ltd., and its various subsidiary brands, with Genting Hong Kong serving as the largest shareholder. This intricate web of relationships shapes the decision-making processes and strategic direction of NCL, ensuring its continued success in the cruise industry.

Major Shareholders of Norwegian Cruise Line

As Norwegian Cruise Line (NCL) operates as a publicly traded company, it has a diverse base of shareholders, both institutional and individual, who hold varying stakes in the company. Let’s take a closer look at some of the major shareholders of NCL and their significance within the ownership structure.

At the top of the list is Genting Hong Kong Ltd., an investment holding company based in Hong Kong. As of [current year], Genting Hong Kong is the largest shareholder of Norwegian Cruise Line Holdings Ltd. (NCLH), the parent company of NCL. With its substantial ownership stake, Genting Hong Kong has a significant influence over the strategic decisions and direction of the company.

In addition to Genting Hong Kong, other institutional investors hold substantial stakes in NCLH. These include prominent mutual funds and asset management companies, such as The Vanguard Group, BlackRock, and State Street Corporation. These institutional investors often own significant portions of the company and have the ability to influence corporate governance decisions through voting rights.

Individual investors also play a role in the ownership structure of NCLH. These can range from small individual shareholders to high net worth individuals who have purchased shares in the company. While the individual ownership stakes may be smaller compared to institutional investors, they collectively contribute to the overall ownership landscape.

It is important to note that the ownership structure of NCL can change over time due to market fluctuations and investor actions. Shareholders may increase or decrease their ownership stakes, and new investors may enter the picture. It is wise for stakeholders and investors to stay updated on any significant changes in the major shareholders of NCL.

The presence of major shareholders in Norwegian Cruise Line reflects the confidence and interest in the company’s future prospects and performance. These shareholders have a vested interest in seeing NCL succeed and often play a role in shaping its business strategies and decisions.

Ultimately, the collective influence and ownership of major shareholders contribute to the stability and growth of Norwegian Cruise Line, ensuring its continued success as a leading player in the global cruise industry.

Analysis of Ownership Control

Examining the ownership control of Norwegian Cruise Line (NCL) provides valuable insights into the decision-making processes and strategic direction of the company. The concentration of ownership and the influence of major shareholders can significantly impact NCL’s operations and long-term goals.

One aspect to consider is the role of Genting Hong Kong Ltd., the largest shareholder of NCL. With its substantial ownership stake, Genting Hong Kong has a notable say in the corporate governance of Norwegian Cruise Line Holdings Ltd. (NCLH), the parent company of NCL. Their influence can be seen through the appointment of board members and the approval of key business decisions.

Furthermore, the presence of institutional investors such as mutual funds and asset management companies adds another layer of ownership control. These institutions often have a fiduciary duty to their investors and aim to maximize returns on their investments. Their involvement can influence NCL’s strategic decisions, financial policies, and operational practices.

However, it is important to note that NCLH operates as a publicly traded company, meaning that ownership is dispersed among a wide range of shareholders. While major shareholders hold significant influence, they must also consider the interests and opinions of smaller institutional and individual shareholders.

The ownership control analysis also extends to the management of NCL. The board of directors, appointed by major shareholders and elected by all shareholders, plays a crucial role in overseeing the company’s operations. They are responsible for setting strategic goals, approving major investments, and ensuring compliance with regulatory requirements.

With a diverse ownership structure, Norwegian Cruise Line benefits from a range of perspectives and expertise. The involvement of major shareholders and the board of directors helps promote transparency, accountability, and effective decision-making within the company.

However, it is essential for Norwegian Cruise Line to strike a balance between satisfying the interests of shareholders and pursuing long-term sustainability and growth. This balance ensures that the company upholds its commitment to delivering exceptional guest experiences while maximizing shareholder value.

Overall, the analysis of ownership control in Norwegian Cruise Line highlights the important role that major shareholders and the board of directors have in shaping the company’s strategies and policies. Balancing the interests of stakeholders, including shareholders, customers, and employees, is fundamental to NCL’s success in the competitive cruising industry.

Potential Impacts of Ownership Structure

The ownership structure of Norwegian Cruise Line (NCL) can have significant impacts on various aspects of the company’s operations and strategic decisions. Understanding these potential impacts helps to shed light on the dynamics within NCL and its ability to navigate the competitive cruise industry.

One major impact of the ownership structure is the influence it has on decision-making processes. Major shareholders, such as Genting Hong Kong Ltd., hold significant control over the strategic direction and governance of NCL. Their priorities and objectives may shape the company’s initiatives, including fleet expansion, route planning, and onboard amenities. This influence can drive the company towards new markets and innovations.

Additionally, the ownership structure can affect resource allocation and financial decisions within NCL. Major shareholders may have preferences for how profits are distributed, such as increasing dividends or reinvesting in the company’s growth. This can impact the company’s ability to invest in new ships, upgrade existing fleets, or develop groundbreaking onboard experiences.

Another potential impact lies in the level of shareholder activism present in NCL’s ownership structure. Shareholders, both institutional and individual, who hold significant stakes in the company may actively voice their opinions and seek changes in areas such as executive leadership, operational strategies, or sustainability practices. This can influence corporate governance practices and encourage the company to focus on areas that are of concern to stakeholders.

The ownership structure can also have an effect on NCL’s ability to respond to external pressures and market dynamics. Major shareholders and institutional investors may have differing views on risk tolerance, market expansion, or acquisitions. Balancing these perspectives can shape the company’s ability to adapt to changing consumer preferences, global events, and economic conditions.

Furthermore, the ownership structure can impact the company’s relationships with stakeholders beyond shareholders. Customers, employees, and business partners may evaluate NCL’s ownership structure and the values that major shareholders prioritize. This perception can influence brand loyalty, employee morale, and the ability to form strategic collaborations.

Overall, the ownership structure of Norwegian Cruise Line plays a crucial role in shaping the company’s strategies, resource allocation, and ability to respond to market dynamics. Balancing the interests of major shareholders, institutional investors, and other stakeholders is key to maintaining a successful and sustainable position in the cruising industry.

Norwegian Cruise Line (NCL) has established itself as a global leader in the cruising industry, offering unforgettable experiences to travelers around the world. Understanding the ownership structure of NCL provides valuable insights into the dynamics that govern the company’s operations.

Throughout its rich history, NCL has evolved under the ownership of various influential entities. Today, Genting Hong Kong stands as the largest shareholder of Norwegian Cruise Line Holdings Ltd., exerting significant control over the company’s strategic decisions and direction. Institutional and individual investors also play a key role in shaping the ownership structure.

The ownership control within NCL carries potential impacts on various aspects of the company. Major shareholders influence decision-making, resource allocation, and financial policies. They also contribute to the level of shareholder activism and the company’s ability to respond to external pressures and market dynamics.

The ownership structure of NCL reflects a delicate balance between maximizing shareholder value and maintaining a focus on delivering exceptional guest experiences. While major shareholders hold significant influence, the company must consider the interests of smaller shareholders, customers, employees, and business partners.

In conclusion, the ownership structure of Norwegian Cruise Line plays a crucial role in shaping the company’s strategies, governance, and ability to adapt to a constantly evolving industry. By recognizing the impacts and dynamics of ownership, NCL can continue to thrive as a leading player in the global cruise market, delivering exceptional voyages and creating lifelong memories for travelers around the world.

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Who owns Norwegian Cruise Line? Here’s who owns NCL

• Post author: Francisco Chavez
• Post published: February 17, 2024
• Post category: Travel Blogs
• Post comments: 0 Comments

With a fleet of 19 ships that offer great food, award-winning entertainment and top-deck jaw-droppers like laser tag, go-karts and waterslides, Norwegian Cruise Line is one of the cruise industry’s most popular brands.

But who owns Norwegian Cruise Line?

NCL is owned by Norwegian Cruise Line Holdings, a publicly traded parent company that owns three total brands. And if you’re wondering who owns Oceania Cruises or who owns Regent Seven Seas Cruises, the answer is the same – NCLH.

Below is the list of cruise lines owned by NCLH, along with a brief explanation of each and how it came to be under NCLH control.

For more cruise guides, news, reviews and tips, sign up for TPG’s cruise newsletter .

Norwegian Cruise Line

Originally founded as Norwegian Caribbean Lines in 1966, Norwegian Cruise Line was officially born in 1987, four years after Norwegian Caribbean Lines purchased and merged with Royal Viking Line.

As a forerunner among cruise lines, NCL was the first to sail weekly cruises from Florida to the Caribbean and the first cruise line to have a private island destination. It pioneered the concept of Freestyle Cruising, which has no formal dress codes and no set dining times or tablemates — a departure from the classic cruise style of the early days.

In its most modern iterations, the line features astounding technology that ranges from a giant virtual-reality arcade and laser tag to nearly full-scale Broadway productions.

In 2013, the line went public under Norwegian Cruise Line Holdings. One year later, NCLH acquired Prestige Cruises International, Inc. — the former parent company of Oceania Cruises and Regent Seven Seas Cruises — from a private equity firm and rolled all three brands under the NCLH umbrella.

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Related: All you need to know about Norwegian Cruise Line

Oceania Cruises

Created in 2002 by Frank Del Rio, longtime president and CEO of NCLH, Oceania Cruises is a luxury line that’s a bit more affordable than some of the other luxury brands because it doesn’t have as many amenities included in its fares.

It has seven (soon to be eight) elegant midsize ships, carrying from 670 to 1,250 passengers each. One of the line’s main focuses is food. Oceania’s culinary offerings are second to none in the industry, but that’s expected with an executive culinary director as prestigious as French chef Jacques Pepin.

Oceania joined NCLH when Norwegian acquired Prestige Cruises International, Inc., in 2014.

Related: All you need to know about Oceania Cruises

Regent Seven Seas Cruises

In 1992, two brands — Seven Seas Cruises and Radisson Cruises — combined to form Radisson Seven Seas Cruises. In 2006, its name was changed to Regent Seven Seas Cruises, which is what it remains today.

When the line changed hands in 2008, Prestige Cruises International, Inc. was created as an umbrella company for Regent and Oceania. Prestige was eventually purchased by NCLH in 2014, which brought Regent into the Norwegian family of cruise lines.

Regent operates as an ultra-luxury, nearly all-inclusive brand — perhaps the most lavish and expensive of any cruise line. It features fine linens, fantastic food, cooking classes, extensive onboard art collections and marble bathrooms. Its fares include things like gratuities, alcohol, Wi-Fi and even some shore excursions.

The fleet’s six vessels are on the smaller side, with the largest carrying just 750 passengers. That makes for more intimate experiences and fewer onboard crowds.

Related: All you need to know about Regent Seven Seas Cruises

Norwegian Cruise Line Holdings FAQ

Who is the sister company of norwegian cruise line.

NCL has two sister companies, Oceania Cruises and Regent Seven Seas Cruises.

Is Royal Caribbean owned by Norwegian?

No. Royal Caribbean is owned and operated by Royal Caribbean Group.

Is Carnival Cruise Line owned by Norwegian Cruise Line?

No. Carnival Cruise Line is owned and operated by Carnival Corporation & PLC.

Is Princess Cruises owned by Norwegian?

No. Princess Cruises is owned and operated by Carnival Corp.

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Norwegian Cruise Line

Freedom to cruise how you want.

As the innovator in global cruise travel, Norwegian Cruise Line has been breaking boundaries and pioneering leading experiences at sea for over 57 years. The brand continues to serve as an industry leader, continuously raising the standards of contemporary cruising with award-winning and varied food and beverage concepts; world-class, Broadway-style entertainment; and innovative recreation offerings.

Above all else, the priority is people – its guests, team members and partners. Underpinned by the three pillars of people, product and passion, NCL's Guest First philosophy puts the guest at the heart of every decision, understanding that when the guest is front and center, everyone wins.

Norwegian Cruise Line at a Glance

Prima Class Ships on Order through 2028

Departure ports, destinations across 7 continents, guests welcomed each year.

With 19 world class vessels, Norwegian Cruise Line has one of the most nimble and contemporary fleets in the industry. Sixteen ships are divided among six different classes, including the Sun, Dawn, Jewel, Breakaway, Breakaway Plus Class, and Prima Class . Norwegian Epic, Pride of America and Norwegian Spirit are in their own classes, adding to the brand’s variety of vessels. 

In 2023, Norwegian Cruise Line welcomed Norwegian Viva into the fleet, the second ship of the next generation Prima Class, the most innovative and successful class in the Company’s history. The Company has placed an additional four ships on order from 2025 to 2028. The new class will build upon the brand’s legacy of freedom and flexibility found across its fleet and feature a host of cutting-edge designs that will further elevate its already award-winning guest experience. 

Norwegian Viva

Prima class.

Gross Tonnage

Guest Capacity

Norwegian Prima

Norwegian Encore

Norwegian Joy

Breakaway plus class.

Year Refurbished

Norwegian Bliss

Norwegian Escape

Norwegian Getaway

Breakaway class.

Norwegian Breakaway

Norwegian Epic

Norwegian Star

Norwegian Dawn

Norwegian Jewel

Jewel class.

Norwegian Jade

Norwegian Pearl

Norwegian Gem

Norwegian Spirit

Norwegian Sky

Norwegian Sun

Pride of America

Venture aboard one of our spacious and modern ships and enjoy the freedom to create the cruising schedule of your dreams.

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Who owns Norwegian Cruise Line? Here’s who owns NCL and its two sister brands

• Post author: admin
• Post published: February 18, 2024
• Post category: Travel

With a fleet of 19 ships that offer great food, award-winning entertainment and top-deck jaw-droppers like laser tag, go-karts and waterslides, Norwegian Cruise Line is one of the cruise industry’s most popular brands.

But who owns Norwegian Cruise Line?

NCL is owned by Norwegian Cruise Line Holdings, a publicly traded parent company that owns three total brands. And if you’re wondering who owns Oceania Cruises or who owns Regent Seven Seas Cruises, the answer is the same – NCLH.

Below is the list of cruise lines owned by NCLH, along with a brief explanation of each and how it came to be under NCLH control.

For more cruise guides, news, reviews and tips, sign up for TPG’s cruise newsletter .

Norwegian Cruise Line

Originally founded as Norwegian Caribbean Lines in 1966, Norwegian Cruise Line was officially born in 1987, four years after Norwegian Caribbean Lines purchased and merged with Royal Viking Line.

As a forerunner among cruise lines, NCL was the first to sail weekly cruises from Florida to the Caribbean and the first cruise line to have a private island destination. It pioneered the concept of Freestyle Cruising, which has no formal dress codes and no set dining times or tablemates — a departure from the classic cruise style of the early days.

In its most modern iterations, the line features astounding technology that ranges from a giant virtual-reality arcade and laser tag to nearly full-scale Broadway productions.

In 2013, the line went public under Norwegian Cruise Line Holdings. One year later, NCLH acquired Prestige Cruises International, Inc. — the former parent company of Oceania Cruises and Regent Seven Seas Cruises — from a private equity firm and rolled all three brands under the NCLH umbrella.

Related: All you need to know about Norwegian Cruise Line

Oceania Cruises

Created in 2002 by Frank Del Rio, longtime president and CEO of NCLH, Oceania Cruises is a luxury line that’s a bit more affordable than some of the other luxury brands because it doesn’t have as many amenities included in its fares.

It has seven (soon to be eight) elegant midsize ships, carrying from 670 to 1,250 passengers each. One of the line’s main focuses is food. Oceania’s culinary offerings are second to none in the industry, but that’s expected with an executive culinary director as prestigious as French chef Jacques Pepin.

Oceania joined NCLH when Norwegian acquired Prestige Cruises International, Inc., in 2014.

Related: All you need to know about Oceania Cruises

Regent Seven Seas Cruises

In 1992, two brands — Seven Seas Cruises and Radisson Cruises — combined to form Radisson Seven Seas Cruises. In 2006, its name was changed to Regent Seven Seas Cruises, which is what it remains today.

When the line changed hands in 2008, Prestige Cruises International, Inc. was created as an umbrella company for Regent and Oceania. Prestige was eventually purchased by NCLH in 2014, which brought Regent into the Norwegian family of cruise lines.

Regent operates as an ultra-luxury, nearly all-inclusive brand — perhaps the most lavish and expensive of any cruise line. It features fine linens, fantastic food, cooking classes, extensive onboard art collections and marble bathrooms. Its fares include things like gratuities, alcohol, Wi-Fi and even some shore excursions.

The fleet’s six vessels are on the smaller side, with the largest carrying just 750 passengers. That makes for more intimate experiences and fewer onboard crowds.

Related: All you need to know about Regent Seven Seas Cruises

Norwegian Cruise Line Holdings FAQ

Who is the sister company of norwegian cruise line.

NCL has two sister companies, Oceania Cruises and Regent Seven Seas Cruises.

Is Royal Caribbean owned by Norwegian?

No. Royal Caribbean is owned and operated by Royal Caribbean Group.

Is Carnival Cruise Line owned by Norwegian Cruise Line?

No. Carnival Cruise Line is owned and operated by Carnival Corporation & PLC.

Is Princess Cruises owned by Norwegian?

No. Princess Cruises is owned and operated by Carnival Corp.

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