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The company was established by Torstein Hagen in St. Petersburg, Russia as Viking River Cruises in 1997. Hagen had become involved in cruising as a McKinsey and Company consultant who helped the Holland America Line survive the 1973 oil crisis, then was CEO of the Royal Viking Line from 1980 to 1984, made money in the Russian private equity markets, then bought a controlling stake in a Dutch ...
In May 2013, the company announced plans to start an ocean cruise division and changed its name to Viking Cruises. [ 8 ] [ 9 ] Its first ocean cruise was launched in 2015. [ 10 ] As of 2016, Hagen has disposed of 23% of Viking Cruises to TPG Capital and the Canada Pension Plan Investment Board for a total of $672 million. [ 6 ]
Norwegian Cruise Line Holdings (NCLH) is a holding company that is domiciled in Bermuda and based in the United States. [3] [4] It operates three cruise lines as wholly owned subsidiaries: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. With its subsidiaries combined, it is the third-largest cruise operator in the world.
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Viking, which has $5.4 billion in debt, is planning to go public next week. ... Viking Holdings, the European cruise line operator, is seeking to raise more than $1 billion in a public offering ...
As of 2021, the cruise industry was estimated to be around US$ 23.8 billion with 13.9 million passengers per year. The following is a list of the largest cruise lines with over 1,000 passengers per year and their market share by passengers and revenue as of 2021 according to Cruise Market Watch.
Norwegian Cruise Line (NCL) is an American cruise line founded in Norway in 1966, incorporated in the Bahamas and headquartered in Miami. [2] It is the fourth-largest cruise line in the world by passengers, controlling about 8.6% of the total worldwide share of the cruise market by passengers as of 2021 [update] . [ 3 ]
More than 100 Viking passengers became sick during a recent cruise, the Centers for Disease Control and Prevention said. The public health agency said 110 of the Viking Neptune ship’s 838 guests ...
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