Marine Link
Thursday, September 29, 2016

NCL Announces Temporary Withdrawal of Pride of Hawai`i

April 12, 2007

NCL Corporation announced the temporary withdrawal of Pride of Hawai`i from the Hawai`i market effective February 2008. The ship will be deployed to Europe for the summer of 2008 as part of the Norwegian Cruise Line fleet. NCL's substantial 2006 losses, reported in February of this year, have been caused by downward pricing pressure in the Hawai`i market following the addition of Pride of Hawai`i to the fleet last summer, and the steep increase in the amount of foreign flag competition entering the Hawai`i market from the west coast.

According to Colin Veitch, NCL Corporation's president and CEO, NCL America has grown very quickly over three years, and its competitors have also surged, starting in 2006, offering almost 80 percent additional capacity days on top of NCL America's in 2007.



Maritime Reporter Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News