Merion_Mom Posted November 2, 2020 #1 Share Posted November 2, 2020 https://www.ncl.com/suspended-sailings Link to comment Share on other sites More sharing options...
Rare bobmacliberty Posted November 2, 2020 #2 Share Posted November 2, 2020 Just a matter of time before the rest of the dominoes fall. Link to comment Share on other sites More sharing options...
Rare twangster Posted November 2, 2020 #3 Share Posted November 2, 2020 NCL stated they opted for cold layups for the entire fleet a couple of months ago. Depending how cold they went it could take more time for NCL to bring their fleet back into service. In theory we should see NCL continue to extend their cancellations further out compared to the rest. Link to comment Share on other sites More sharing options...
Coralc Posted November 2, 2020 #4 Share Posted November 2, 2020 Not surprising when looking at the conditions for sailing. Thanks for posting the announcement. 1 Link to comment Share on other sites More sharing options...
Merion_Mom Posted November 2, 2020 Author #5 Share Posted November 2, 2020 And RC has followed in just a matter of hours. 2 Link to comment Share on other sites More sharing options...
Rare BirdTravels Posted November 3, 2020 #6 Share Posted November 3, 2020 8 hours ago, twangster said: NCL stated they opted for cold layups for the entire fleet a couple of months ago. More of a technically incorrect term used in PR for the media. None of NCL's ships went into cold layup. Link to comment Share on other sites More sharing options...
Rare twangster Posted November 3, 2020 #7 Share Posted November 3, 2020 (edited) 1 hour ago, BirdTravels said: More of a technically incorrect term used in PR for the media. None of NCL's ships went into cold layup. My bad. Took the investor statements at face value. My apologies. May 14, 2020 http://www.nclhltdinvestor.com/news-releases/news-release-details/norwegian-cruise-line-holdings-reports-first-quarter-2020 COVID-19 Action Plan The Company has taken swift, proactive measures to mitigate the financial and operational impacts of COVID-19. This action plan includes cost reduction and cash conservation levers the Company has deployed to preserve and enhance liquidity while also securing additional capital. Reduced Operating Expenses The Company anticipates estimated ongoing ship operating expenses and administrative operating costs combined to range from approximately $70 million to $110 million1 per month during the suspension of operations as a result of the following cost reduction measures: Meaningfully reducing cruise operating expense which includes reducing expenses associated with crew payroll, food, fuel, insurance and port charges. The majority of ships in the Company’s fleet are currently transitioning to cold layup. Edited November 3, 2020 by twangster Link to comment Share on other sites More sharing options...
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