Norwegian Cruise Line Holdings Ltd. (the “Company”) (NYSE: NCLH), a
leading global cruise company which operates the Norwegian Cruise
Line, Oceania Cruises and Regent Seven Seas Cruises brands, is
pleased to report that today Judge Williams ruled in its favor
granting a preliminary injunction which paves the way for the
Company’s three brands to require documentation confirming a
guest’s vaccination status prior to boarding. This order will now
allow the Company to operate in the safest way possible with 100%
vaccinationi of all guests and crew when sailing from Florida
ports. Nothing takes priority over the health and safety of the
Company’s guests, crew and the communities visited and its
commitment to them is paramount. The Company’s first sailing from
Florida is scheduled on August 15, 2021 on Norwegian Gem departing
from Miami.
“The health and safety
of our guests, crew and the communities we visit is our number one
priority, today, tomorrow and forever. It’s not a slogan or a
tagline, we fiercely mean it and our commitment to these principles
is demonstrated by the lengths our Company has gone through to
provide the safest possible cruise experience from Florida. We want
nothing more than to sail from Miami, the Cruise Capital of the
World, and from the other fabulous Florida ports and we welcome
today’s ruling that allows us to sail with 100% fully vaccinated
guests and crew which we believe is the safest and most prudent way
to resume cruise operations amid this global pandemic,” said Frank
Del Rio, president and chief executive officer of Norwegian Cruise
Line Holdings Ltd. “The public health environment continues to
evolve around the globe and our robust science-backed health and
safety protocols, with vaccines at its cornerstone, allow us to
provide what we believe is the safest vacation experience for
people who long to get back to their everyday lives and explore the
world once again.”
“We are pleased that
Judge Williams saw the facts, the law and the science as we did and
granted the Company’s motion for preliminary injunction allowing us
to operate cruises from Florida with 100% vaccinated guests and
crew,” said Daniel S. Farkas, executive vice president and general
counsel of Norwegian Cruise Line Holdings Ltd. “While litigation is
a strategic tool of last resort, our Company has fought to do what
we believe is right and in the best interest of the welfare of our
guests, crew and communities we visit in an effort to do our part
as responsible corporate citizens to minimize, to the greatest
extent possible, further spread of COVID-19 as we gradually
relaunch our vessels.”
The swift deployment of vaccines has been the
primary vehicle for people to safely get back to their everyday
lives while containing the spread of the virus. The Company
invested heavily in its comprehensive, multi-layered
SailSAFE™ health and safety program with science-backed
protocols developed in conjunction with the nation’s top scientific
and public health experts. The Company’s policy of 100% vaccination
of guests and crew was in place without issue in every port it
sails from around the world except for Florida. Despite the ongoing
global pandemic and the accelerating spread of the Delta variant,
Florida prohibited the Company from requiring vaccine documentation
which the Company believed would enable it to resume sailing in the
safest way possible.
About
Norwegian Cruise Line Holdings
Ltd.
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH)
is a leading global cruise company which operates the Norwegian
Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands.
With a combined fleet of 28 ships with approximately 60,000 berths,
these brands offer itineraries to more than 490 destinations
worldwide. The Company has nine additional ships scheduled for
delivery through 2027, comprising approximately 24,000 berths.
Cautionary Statement Concerning
Forward-Looking Statements
Some of the statements, estimates or projections
contained in this release are “forward-looking statements” within
the meaning of the U.S. federal securities laws intended to qualify
for the safe harbor from liability established by the Private
Securities Litigation Reform Act of 1995. All statements other than
statements of historical facts contained in this release,
including, without limitation, those regarding our business
strategy, financial position, results of operations, plans,
prospects, actions taken or strategies being considered with
respect to our liquidity position, valuation and appraisals of our
assets and objectives of management for future operations
(including those regarding expected fleet additions, our suspension
of certain cruise voyages, our ability to weather the impacts of
the COVID-19 pandemic, our expectations regarding the resumption of
cruise voyages and the timing for such resumption of cruise
voyages, the implementation of and effectiveness of our health and
safety protocols, operational position, demand for voyages,
financing opportunities and extensions, and future cost mitigation
and cash conservation efforts and efforts to reduce operating
expenses and capital expenditures) are forward-looking statements.
Many, but not all, of these statements can be found by looking for
words like “expect,” “anticipate,” “goal,” “strategy,” “project,”
“plan,” “believe,” “seek,” “will,” “may,” “forecast,” “estimate,”
“intend,” “future” and similar words. Forward-looking statements do
not guarantee future performance and may involve risks,
uncertainties and other factors which could cause our actual
results, performance or achievements to differ materially from the
future results, performance or achievements expressed or implied in
those forward-looking statements. Examples of these risks,
uncertainties and other factors include, but are not limited to the
impact of: the spread of epidemics, pandemics and viral outbreaks
and specifically, the COVID-19 pandemic, including its effect on
the ability or desire of people to travel (including on cruises),
which are expected to continue to adversely impact our results,
operations, outlook, plans, goals, growth, reputation, cash flows,
liquidity, demand for voyages and share price; our ability to
comply with the U.S. Centers for Disease Control and Prevention’s
(“CDC”) Framework for Conditional Sailing Order and any additional
or future regulatory restrictions on our operations and to
otherwise develop enhanced health and safety protocols to adapt to
the pandemic’s unique challenges once operations resume and to
otherwise safely resume our operations when conditions allow;
legislation prohibiting companies from verifying vaccination
status; coordination and cooperation with the CDC, the federal
government and global public health authorities to take precautions
to protect the health, safety and security of guests, crew and the
communities visited and the implementation of any such precautions;
our ability to work with lenders and others or otherwise pursue
options to defer, renegotiate or refinance our existing debt
profile, near-term debt amortization, newbuild related payments and
other obligations and to work with credit card processors to
satisfy current or potential future demands for collateral on cash
advanced from customers relating to future cruises; our need for
additional financing, which may not be available on favorable
terms, or at all, and may be dilutive to existing shareholders; our
indebtedness and restrictions in the agreements governing our
indebtedness that require us to maintain minimum levels of
liquidity and otherwise limit our flexibility in operating our
business, including the significant portion of assets that are
collateral under these agreements; the accuracy of any appraisals
of our assets as a result of the impact of the COVID-19 pandemic or
otherwise; our success in reducing operating expenses and capital
expenditures and the impact of any such reductions; our guests’
election to take cash refunds in lieu of future cruise credits or
the continuation of any trends relating to such election; trends
in, or changes to, future bookings and our ability to take future
reservations and receive deposits related thereto; the
unavailability of ports of call; future increases in the price of,
or major changes or reduction in, commercial airline services;
adverse events impacting the security of travel, such as terrorist
acts, armed conflict and threats thereof, acts of piracy, and other
international events; adverse incidents involving cruise ships;
adverse general economic and related factors, such as fluctuating
or increasing levels of unemployment, underemployment and the
volatility of fuel prices, declines in the securities and real
estate markets, and perceptions of these conditions that decrease
the level of disposable income of consumers or consumer confidence;
any further impairment of our trademarks, trade names or goodwill;
breaches in data security or other disturbances to our information
technology and other networks or our actual or perceived failure to
comply with requirements regarding data privacy and protection;
changes in fuel prices and the type of fuel we are permitted to use
and/or other cruise operating costs; mechanical malfunctions and
repairs, delays in our shipbuilding program, maintenance and
refurbishments and the consolidation of qualified shipyard
facilities; the risks and increased costs associated with operating
internationally; fluctuations in foreign currency exchange rates;
overcapacity in key markets or globally; our expansion into and
investments in new markets; our inability to obtain adequate
insurance coverage; pending or threatened litigation,
investigations and enforcement actions; volatility and disruptions
in the global credit and financial markets, which may adversely
affect our ability to borrow and could increase our counterparty
credit risks, including those under our credit facilities,
derivatives, contingent obligations, insurance contracts and new
ship progress payment guarantees; our inability to recruit or
retain qualified personnel or the loss of key personnel or employee
relations issues; our reliance on third parties to provide hotel
management services for certain ships and certain other services;
our inability to keep pace with developments in technology; changes
involving the tax and environmental regulatory regimes in which we
operate; and other factors set forth under “Risk Factors” in our
most recently filed Annual Report on Form 10-K, Quarterly Report on
Form 10-Q and subsequent filings with the Securities and Exchange
Commission. Additionally, many of these risks and uncertainties are
currently amplified by and will continue to be amplified by, or in
the future may be amplified by, the COVID-19 pandemic. It is not
possible to predict or identify all such risks. There may be
additional risks that we consider immaterial or which are unknown.
The above examples are not exhaustive and new risks emerge from
time to time. Such forward-looking statements are based on our
current beliefs, assumptions, expectations, estimates and
projections regarding our present and future business strategies
and the environment in which we expect to operate in the future.
These forward-looking statements speak only as of the date made. We
expressly disclaim any obligation or undertaking to release
publicly any updates or revisions to any forward-looking statement
to reflect any change in our expectations with regard thereto or
any change of events, conditions or circumstances on which any such
statement was based, except as required by law.
Investor Relations &
Media Contact |
|
Andrea DeMarco |
|
(305)
468-2339InvestorRelations@nclcorp.comJessica John(786)
913-2902 |
|
i Limited exceptions may be made pursuant to valid medical or
religious exemptions.
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