NCL announced some exciting news today. Here is the official press release…
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MIAMI – June 1, 2012 – Norwegian Cruise Line (NCL Corporation Ltd., “Norwegian” or “the Company”) today announced the signing of a memorandum of agreement to exercise its option to purchase Norwegian Sky. The transaction is expected to close shortly.
The Company currently operates Norwegian Sky under a Bareboat Charter with a purchase option from Ample Avenue, an indirect wholly-owned subsidiary of Genting Hong Kong Limited, a 50% owner of the Company. The purchase price is approximately $260 million pursuant to the option under the Bareboat Charter. Financing is being provided by the seller.
The 2,002-berth Norwegian Sky currently operates three and four-night voyages year-round from Miami, Florida.
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So basically, instead of “renting” the ship from its parent company every so often, NCL will fully own the Sky. I wonder why they have chosen to purchase the ship now?
Other Norwegian News
- Norwegian Getaway to Call Miami Home (mikeyscruiseblog.com)
- Norwegian Breakaway Keel Laid (mikeyscruiseblog.com)
- Trouble on Caribbean Princess & New Spaces For NCL Breakaway (mikeyscruiseblog.com)
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Header image: my Mom