Advertisement

NCL: More shares unloaded

Following the Initial Public Offering in January 2013 and secondary offerings in August and December last year, Norwegian Cruise Line Holdings has now announced a third such share sale. Prior to the IPO NCL was held 50 per cent by Genting (owners of Star Cruises) and 37.5 per cent by Apollo Management, the venture capital group that also owns Regent Seven Seas and Oceania Cruises.

This offering of 15 million shares will reduce Genting’s holding to 27.7 per cent and Apollo’s to 19.9 per cent. Genting has filed to dispose of the remainder of its investment within the next 12 months and the current offering is expected to raise something in the order of $500 million based on a current share price of around $33.

Ships Montly - January 2024

Ships Monthly July issue out now

SHIPS MONTHLY July  2025 The July 2025 issue of Ships Monthly is out now, and is packed with all the usual news and outstanding articles...
Advertisement

Related articles

Ships Monthly July issue out now

SHIPS MONTHLY July  2025 The July 2025 issue of Ships Monthly is out now, and is packed with all...

Damen delivers ASD Tug 3010 ICE to Sundsvall Hamn

Damen Shipyards Group has delivered an ASD Tug 3010 ICE to Sweden’s Sundsvall Hamn (Port of Sundsvall). The...

Ocean Network Express latest newbuilding ONE Singapore joins fleet

Ocean Network Express (“ONE”) cdelebrated the naming of ONE Singapore, the sixth vessel in a series of 20...

VARD Ships Lead on Cyber Resilience and Sustainability

VARD, the Norwegian subsidiary of the Fincantieri Group and one of the major global designers and shipbuilders of...