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18	18	= Recent Developments =
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	20	+* On January 31, 2023, Oceania Cruises introduced Allura, the second Allura Class ship and sister ship to Vista which will set its maiden sail in May, 2023.
	21	+* Frank J. Del Rio has decided to retire and step down from his position as the Company’s President and Chief Executive Officer, and from its Board of Directors, effective June 30, 2023. Del Rio will serve in a consultant capacity as a Senior Advisor to the Board through 2025. Harry J. Sommer, who has served as President and Chief Executive Officer of NCL since 2020, has been appointed to succeed Del Rio and will also join the Company's Board of Directors, effective July 1, 2023.{{footnote}}https://www.nclhltd.com/news-media/press-releases/detail/535/norwegian-cruise-line-holdings-ltd-announces-ceo{{/footnote}}
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75	75	**Oceania Cruises**
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77		-Oceania Cruises has 6 ships, approximately 5,240 berths, and covers 400+ destinations around the world. The line positions itself as The Finest Cuisine at Sea®, Destination Specialists and Small & Luxurious Ships. The ships of this cruise line are Insignia, Marina, Nautica, Regatta, Riviera, and Sirena. Two additional Allura Class ships are in the pipeline to Oceania Cruises.
	79	+Oceania Cruises has 6 ships, approximately 5,240 berths, and covers 400+ destinations around the world. The line positions itself as The Finest Cuisine at Sea®, Destination Specialists and Small & Luxurious Ships. The ships of this cruise line are Insignia, Marina, Nautica, Regatta, Riviera, Sirena and Vista. One additional Allura Class ship is in the pipeline to Oceania Cruises, expected to be delivered in 2025.
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79	79	**Regent Seven Seas Cruises**
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89	89	Norwegian has expanded to other parts of the world, including Alaska, Europe, Bermuda, and Hawaii. Between 1997 and 2001 the company also operated cruises out of Australia under the name Norwegian Capricorn Line. Its subsidiary Orient Lines, founded in 1991 to run the //Marco Polo//, was acquired in 1998. Norwegian itself was acquired by the Star Cruises, subsidiary of Malaysia-based Genting Group, in 2000. Norwegian acquired the rights to move two ships built entirely outside the U.S. to the U.S. flag, making it possible to start a U.S.-flagged operation under the brand name NCL America. In August 2007, Star Cruises sold 50 percent of Norwegian for $1 billion to U.S.-based Apollo Management (owners of Oceania Cruises). In January 2013, Norwegian Cruise Lines filed for an IPO and got listed on the NASDAQ. The company sold 27.1 million shares for a net proceed of approximately $477.64 million. In September 2014, Norwegian Cruise Line purchased Prestige Cruise Holdings, the parent company of both Oceania Cruises and Regent Seven Seas Cruises in a cash and stock transaction of $3.025 billion, including the assumption of debt.
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	93	+= References =
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