Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) (“NCLH” or the
“Company”), a leading global cruise company that operates the
Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas
Cruises brands, today welcomed cruise industry veteran Patrik
Dahlgren as the Company’s new Executive Vice President, Vessel
Operations. Dahlgren will oversee marine and technical operations,
hotel operations, entertainment, cruise programs and security
across NCLH’s three brands, reporting to NCLH President and
CEO-Elect, Harry Sommer. Dahlgren succeeds Robin Lindsay who will
serve as Executive Vice President, Newbuild and Refurbishment,
overseeing the company’s robust newbuild program and refurbishment
projects.
“We are pleased to welcome Patrik and are confident his breadth
of experience will greatly complement our executive leadership
team,” said Harry Sommer, president and chief executive
officer-elect of Norwegian Cruise Line Holdings Ltd. “Patrik is a
dynamic and forward-thinking strategic leader with a profound
understanding of all facets of cruise operations, developed over
the course of an impressive 20-plus-year career in the industry,
making him uniquely qualified to assume this role. His
accomplishments also include a track record of successfully
building diverse, inclusive, and performance-oriented teams, which
aligns closely with NCLH’s core values and is an invaluable asset
as we grow our fleet and strive to deliver on our business and
financial goals.”
Sommer continued, “We would also like to congratulate Robin as
he focuses on overseeing our robust newbuild program – including
seven exciting new ships scheduled for delivery across our three
brands through 2028 – as well as refurbishment projects across the
existing fleet. Having already led the introduction of 10
groundbreaking vessels during his tenure at the company, Robin was
the natural choice for this role.”
Dahlgren joins NCLH after having spent more than 23 years in
leadership positions at Royal Caribbean Group, most recently as
Senior Vice President of Global Marine Operations from 2016 to
2022. In that role, Dahlgren managed maritime operations and fleet
optimization across all brands for more than 60 ships, providing
direction for more than 10,000 team members. His responsibilities
included working on design development of newbuild and innovation
projects and steering the operator's energy and decarbonization
program. Dahlgren was also instrumental to the cruise industry’s
post-COVID comeback as he served as a member of the Healthy Sail
Panel, a group of world-renowned experts brought together in a
collaborative effort between NCLH and Royal Caribbean Group.
Dahlgren’s previous roles at the company also included Vice
President of Technical Operations (2014-2016) and Director of
Newbuild and Innovation (2011-2013). Prior to joining shoreside
management, he spent over a decade at sea including serving as
Captain across a range of cruise ships, giving him firsthand
knowledge of the ins and outs of ship operations.
“It’s a tremendous honor to join the passionate and talented
team at NCLH, a trio of brands that offers extraordinary vacations
for its guests worldwide and upholds a consistent world-class
product across its fleet and private island destinations,” said
Patrik Dahlgren, executive vice president, Vessel Operations of
Norwegian Cruise Line Holdings Ltd. “I began working on cruise
ships in 1999 and this truly unique industry has had a special
place in my heart ever since. I am excited for the opportunity to
write the next chapter of my maritime career at an impressive
organization like NCLH.”
Dahlgren continued, “As a relationship-driven leader, I am a big
believer in empowering people and strengthening cross functional
collaboration to accelerate progress and achieve desired outcomes.
As we look to the future, I hope to combine tradition, innovation
and the power of digitalization and technology to help take NCLH to
new heights. I am eager to hit the ground running and bring a fresh
perspective as we collectively work to deliver exceptional vacation
experiences for our guests and drive a positive impact on society
and the environment.”
About Norwegian Cruise Line Holdings Ltd.Norwegian
Cruise Line Holdings Ltd. (NYSE: NCLH) is a leading global cruise
company that operates Norwegian Cruise Line, Oceania Cruises and
Regent Seven Seas Cruises. With a combined fleet of 30 ships and
more than 60,000 berths, NCLH offers itineraries to approximately
700 destinations worldwide. NCLH has seven additional ships
scheduled for delivery across its three brands, comprising nearly
19,000 berths. To learn more, visit www.nclhltd.com
Cautionary Statement Concerning Forward-Looking
StatementsSome of the statements, estimates or projections
contained in this release are “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, or incorporated by
reference, in this release, including, without limitation, those
regarding our business strategy, financial position, results of
operations, plans, prospects, actions taken or strategies being
considered with respect to our liquidity position, valuation and
appraisals of our assets and objectives of management for future
operations (including those regarding expected fleet additions, our
expectations regarding the impacts of the COVID-19 pandemic,
Russia’s invasion of Ukraine and general macroeconomic conditions,
our expectations regarding cruise voyage occupancy, the
implementation of and effectiveness of our health and safety
protocols, operational position, demand for voyages, plans or goals
for our sustainability program and decarbonization efforts, our
expectations for future cash flows and profitability, financing
opportunities and extensions, and future cost mitigation and cash
conservation efforts and efforts to reduce operating expenses and
capital expenditures) 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 general economic factors, such as fluctuating or increasing
levels of interest rates, inflation, 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, pandemics and viral outbreaks,
including the COVID-19 pandemic, and their effect on the ability or
desire of people to travel (including on cruises), which may
continue to adversely impact our results, operations, outlook,
plans, goals, growth, reputation, cash flows, liquidity, demand for
voyages and share price; implementing precautions in coordination
with regulators and global public health authorities to protect the
health, safety and security of guests, crew and the communities we
visit and to comply with regulatory restrictions related to the
pandemic; our indebtedness and restrictions in the agreements
governing our indebtedness that require us to maintain minimum
levels of liquidity and be in compliance with maintenance covenants
and otherwise limit our flexibility in operating our business,
including the significant portion of assets that are collateral
under these agreements; our ability to work with lenders and others
or otherwise pursue options to defer, renegotiate, refinance or
restructure our existing debt profile, near-term debt amortization,
newbuild related payments and other obligations and to work with
credit card processors to satisfy current or potential future
demands for collateral on cash advanced from customers relating to
future cruises; our need for additional financing or financing to
optimize our balance sheet, which may not be available on favorable
terms, or at all, and our outstanding exchangeable notes and any
future financing which may be dilutive to existing shareholders;
the unavailability of ports of call; future increases in the price
of, or major changes, disruptions or reduction in, commercial
airline services; changes involving the tax and environmental
regulatory regimes in which we operate, including new regulations
aimed at reducing greenhouse gas emissions; the accuracy of any
appraisals of our assets as a result of the impact of the COVID-19
pandemic or otherwise; our success in controlling operating
expenses and capital expenditures; trends in, or changes to, future
bookings and our ability to take future reservations and receive
deposits related thereto; adverse events impacting the security of
travel, or customer perceptions of the security of travel, such as
terrorist acts, armed conflict, such as Russia’s invasion of
Ukraine, and threats thereof, acts of piracy, and other
international events; adverse incidents involving cruise ships;
breaches in data security or other disturbances to our information
technology and other networks or our actual or perceived failure to
comply with requirements regarding data privacy and protection;
changes in fuel prices and the type of fuel we are permitted to use
and/or other cruise operating costs; mechanical malfunctions and
repairs, delays in our shipbuilding program, maintenance and
refurbishments and the consolidation of qualified shipyard
facilities; the risks and increased costs associated with operating
internationally; our inability to recruit or retain qualified
personnel or the loss of key personnel or employee relations
issues; our inability to obtain adequate insurance coverage;
pending or threatened litigation, investigations and enforcement
actions; 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; any
further impairment of our trademarks, trade names or goodwill; our
reliance on third parties to provide hotel management services for
certain ships and certain other services; fluctuations in foreign
currency exchange rates; our expansion into new markets and
investments in new markets and land-based destination projects;
overcapacity in key markets or globally; and other factors set
forth under “Risk Factors” in our most recently filed Annual Report
on Form 10-K, Quarterly Report on Form 10-Q and subsequent filings
with the Securities and Exchange Commission. Additionally, many of
these risks and uncertainties are currently amplified by and will
continue to be amplified by, or in the future may be amplified by,
the COVID-19 pandemic, Russia’s invasion of Ukraine and the impact
of general macroeconomic conditions. It is not possible to predict
or identify all such risks. There may be additional risks that we
consider immaterial or which are unknown. 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 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.
Investor Relations & Media
Contact Jessica John(305)
468-2339InvestorRelations@nclcorp.comNCLHmedia@nclcorp.com
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