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Norwegian Cruise Line Holdings to Trim Fleet by Four Ships Through Charter Deals

NCL, Oceania, and Regent are all losing ships as part of the deals.

by Daniel McCarthy  April 07, 2025
Norwegian Sky cruise ship in the Bahamas

Photo: Darryl Brooks / Shutterstock.com

Norwegian Cruise Line Holdings (NCLH) is reducing the size of its fleet through two new charter agreements.

In total, four ships will leave the NCLH fleet under the deals.

Norwegian Sky and Norwegian Sun will be chartered to Cordelia Cruises, an India-based cruise company, beginning in 2026 and 2027, respectively.

Meanwhile, Regent’s Seven Seas Navigator and Oceania Cruises’ Insignia will be chartered to Crescent Seas, a residential cruise line, also starting in 2026 and 2027. Seven Seas Navigator is a legacy ship for Regent, having come into service when the brand was still Radisson Seven Seas Cruises in 1999. Insignia is also a legacy ship, originally built in 1998 for Renaissance Cruises.

NCLH President and CEO Harry Sommer said the moves are part of a broader “fleet optimization” strategy.

“We’re thrilled that Norwegian Sky and Norwegian Sun will begin new chapters in the Indian cruise market through a long-term agreement with Cordelia Cruises, a leading operator in the region who we look forward to collaborating with into the future,” Sommer said. “We’re also pleased that our Regent Seven Seas Cruises and Oceania Cruises ships will continue to sail around the world.”

While four ships are exiting the NCLH fleet, 12 new ships are currently on order across its three brands through 2026.

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