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Norwegian Cruise Line Holdings Ltd., a leading global cruise company which operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands, today celebrated the groundbreaking of the new and dedicated Norwegian Cruise Line terminal at PortMiami. The Miami-Dade County Board of Commissioners approved the project on April 10, 2018, with construction beginning May 1. Present at the ceremony, which took place at PortMiami's Terminal B, were Frank Del Rio, president and chief executive officer of Norwegian Cruise Line Holdings Ltd., Andy Stuart, president and chief executive officer of Norwegian Cruise Line, Howard Sherman, executive vice president of onboard revenue and destination services, Miami-Dade County Mayor Carlos A. Gimenez, Miami-Dade County commissioner Rebeca Sosa, PortMiami director and chief executive officer Juan Kuryla, Florida State Representative Cynthia Stafford and leading executives from the architecture and construction firms on record, Bermello Ajamil & Partners and the NV2A-Haskell joint venture. The state-of-the-art terminal is scheduled for completion by the fall of 2019, as Norwegian Encore, the newest ship of the Breakaway Plus class, debuts in Miami with seasonal cruises to the Caribbean.
"This iconic terminal represents our continued partnership with Miami-Dade County, our commitment to excellence and Miami as a world capital," said Frank Del Rio, president and chief executive officer of Norwegian Cruise Line Holdings Ltd.. "As a global cruise company we're transforming and elevating guest experiences through design and innovation on our ships, and this new terminal at PortMiami is the next step in that journey. We are honored to be here today alongside the team dedicated to making this dream a reality."
At nearly 166,500 square feet, the Norwegian terminal will accommodate ships of up to 5,000 passengers and will feature state-of-the-art technology to support faster and more efficient embarkation and disembarkation, as well as expedited security screening and luggage check-in. A dedicated lounge and service area will offer a warm and welcoming arrival for guests, and a new parking garage and valet parking area with direct access to the terminal will streamline the entire arrival and departure process for more efficiency.
"As Miami continues to develop as a global tourist destination, we view investing in PortMiami's infrastructure as imperative to sustainable growth," said Mayor Gimenez. "The construction of a new cruise terminal with the capacity to berth an additional 5,000-passenger cruise ship allows for the creation of thousands of jobs and increased opportunities for our community. We are eager to witness the incredible beauty the terminal will bring to our city skyline and grateful for Norwegian Cruise Line's steadfast partnership.”
Aside from improved functionality and efficiency, the terminal, which is being constructed to LEED-Silver standards, is set to be a modern architectural masterpiece and the new "pearl" of Miami's stunning skyline. Drawing inspiration from the Fibonacci nautilus, a natural example of the golden ratio of perfection, the spiraled and multi-level façade, transcendental and glass-encased building offers stunning ocean views that embody the freedom and flexibility of the Norwegian cruising experience.
"We are incredibly honored to be working with Norwegian and PortMiami on this innovative project," said Luis Ajamil, president and chief executive officer of Bermello Ajamil & Partners. "Having the opportunity to design a building that is sure to become an iconic Miami destination is very exciting, and we look forward to establishing the new standard for passenger comfort and experience."
"NV2A and Haskell share a passion for construction and a commitment to excellence. As builders, we play an integral role and have great responsibility to the development and growth of the community," said Agustin Arellano Sr., chairman of NV2A Group and board member of the NV2A-Haskell joint venture. "It is an honor and privilege to be part of a project that will have an everlasting impact on the city. We look forward to delivering this incredible new terminal for Norwegian Cruise Line, PortMiami and Miami-Dade County."
For additional information or to book a cruise aboard a Norwegian ship, contact a travel professional, call Norwegian at 888-NCL-CRUISE (625-2784), or visit www.ncl.com.
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About Norwegian Cruise Line Holdings Ltd.
Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) is a leading global cruise company which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands.
With a combined fleet of 26 ships with approximately 54,400 berths, these brands offer itineraries to more than 450 destinations worldwide. The Company will introduce six additional ships through 2025, and has an option to introduce two additional ships for delivery in 2026 and 2027.
Norwegian Cruise Line is the innovator in cruise travel with a 51-year history of breaking the boundaries of traditional cruising. Most notably, Norwegian revolutionized the cruise industry by offering guests the freedom and flexibility to design their ideal cruise holiday on their schedule with no set dining times, a variety of entertainment options and no formal dress codes. Today, Norwegian invites guests to enjoy a relaxed, resort- style cruise vacation on some of the newest and most contemporary ships at sea with a wide variety of accommodations options, including The Haven by Norwegian®, a luxury enclave with suites, private pool and dining, concierge service and personal butlers. Norwegian Cruise Line sails around the globe, offering guests the freedom and flexibility to explore the world on their own time and experience up to 27 dining options, award-winning entertainment, superior guest service and more across all of the brand's 16 ships.
Celebrating its 15th anniversary in 2018, Oceania Cruises is the world’s leading culinary- and destination-focused cruise line. The line’s six intimate and luxurious ships which carry only 684 or 1,250 guests offer an unrivaled vacation experience featuring the finest cuisine at sea and destination-rich itineraries that span the globe. Expertly crafted voyages aboard designer-inspired, intimate ships call on more than 450 ports across Europe, Alaska, Asia, Africa, Australia, New Zealand, New England-Canada, Bermuda, the Caribbean, Panama Canal, Tahiti and the South Pacific and epic Around The World Voyages that range from 180 to 200 days.
Regent Seven Seas Cruises offers the industry's most inclusive luxury experience aboard its all-suite fleet. Seven Seas Mariner's 2018 dry-dock refurbishment will conclude the line's $125 million refurbishment program to elevate the elegance of the whole fleet to the standard set by Seven Seas Explorer. In early 2020, Regent will perfect luxury with the launch of Seven Seas Splendor. A voyage with Regent Seven Seas Cruises includes all-suite accommodations, round-trip air, highly personalized service, exquisite cuisine, fine wines and spirits, unlimited internet access, sightseeing excursions in every port, gratuities, ground transfers and a pre-cruise hotel package for guests staying in concierge-level suites and higher.
About Bermello Ajamil & Partners Inc.
Bermello Ajamil & Partners Inc. (B&A) is a global Architecture, Engineering, Planning, Landscape Architecture, Interior Design and Construction Services firm. The firm operates on 6 continents from its offices in Florida, New York, California and Denmark and is the most experienced and respected firm in the cruise sector, developing master plans, market studies, financial studies, tourism studies, and cruise terminals. B&A has developed cruise facilities at all major US ports, in Europe, Australia, Asia and the Middle East. For more information, please visit www.bermelloajamil.com.
About the NV2A-Haskell Joint Venture
NV2A Group and The Haskell Company have joined forces to offer their combined expertise for the construction of the Terminal B facility at PortMiami dedicated to Norwegian Cruise Line. Over the past 30 years, members of the NV2A-Haskell team have been directly responsible or personally involved in complex and high-profile projects, including the Miami Seaport Redevelopment Program, Miami International Airport's North and South Terminals, and the Adrienne Arsht Center for the Performing Arts-a project that brought Haskell and the principals of NV2A Group together for the first time. This partnership provides Norwegian Cruise Line and PortMiami a highly qualified, industry leading team of professionals with local, international, in-depth experience to successfully deliver another one of Miami's most iconic buildings. For more information, please visit www.nv2agroup.com and www.haskell.com.
PortMiami is among America's busiest ports and recognized across the globe as the Cruise Capital of the World and Global Gateway. PortMiami contributes more than $41.4 billion annually to Miami-Dade County and generates 324,000 direct, indirect, and induced jobs. For more information please visit www.portmiami.biz.
Cautionary Statement Concerning Forward-Looking Statements
Certain statements in this release constitute forward-looking statements within the meaning of the U.S. federal securities laws intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained in this release, including, without limitation, those regarding our business strategy, financial position, results of operations, plans, prospects and objectives of management for future operations (including expected fleet additions, development plans, objectives relating to our activities and expected performance in new markets), are forward-looking statements. Many, but not all, of these statements can be found by looking for words like "expect," "anticipate," "goal," "project," "plan," "believe," "seek," "will," "may," "forecast," "estimate," "intend," "future," and similar words. Forward-looking statements do not guarantee future performance and may involve risks, uncertainties and other factors which could cause our actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements. Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; adverse incidents involving cruise ships; adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; the spread of epidemics and viral outbreaks; our expansion into and investments in new markets; the risks and increased costs associated with operating internationally; breaches in data security or other disturbances to our information technology and other networks; changes in fuel prices and/or other cruise operating costs; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; the unavailability of attractive port destinations; our indebtedness and restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; our inability to recruit or retain qualified personnel or the loss of key personnel; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; our reliance on third parties to provide hotel management services to certain ships and certain other services; future increases in the price of, or major changes or reduction in, commercial airline services; amendments to our collective bargaining agreements for crew members and other employee relation issues; our inability to obtain adequate insurance coverage; future changes relating to how external distribution channels sell and market our cruises; pending or threatened litigation, investigations and enforcement actions; our ability to keep pace with developments in technology; seasonal variations in passenger fare rates and occupancy levels at different times of the year; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under "Risk Factors" in our most recently filed Annual Report on Form 10-K and subsequent filings by the Company with the Securities and Exchange Commission. The above examples are not exhaustive and new risks emerge from time to time. Such forward-looking statements are based on our current beliefs, assumptions, expectations, estimates and projections regarding our present and future business strategies and the environment in which we expect to operate in the future. These forward-looking statements speak only as of the date made. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement contained herein to reflect any change in our expectations with regard thereto or any change of events, conditions or circumstances on which any such statement was based, except as required by law.
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