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  September 5, 2001
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Home > Company Index > Leisure > Travel Agencies, Tour Operators & Other Travel Services > NCL Holding ASA

NCL Holding ASA
 PROFILE
Choppy seas have knocked NCL Holding off the stock market. The troubled company, which offers cruises through its flagship Norwegian Cruise Lines, was the target of a pitched takeover battle in early 2000 waged by #1 cruise operator Carnival and Hong Kong's Star Cruises. Carnival eventually dropped its bid, leaving Star and its affiliates with more than 95% of the company. NCL operates eight cruise ships, including the "Norway" (formerly the "S.S. France") and the 2,000 passenger "Norwegian Sky" (launched in 1999), offering tours to such locales as Alaska, Australia, the Caribbean, and South America. It also owns and operates Asia's Orient Lines and has agreed to buy 50% of Australia's Norwegian Capricorn Line.

 COMPETITION
Carnival Corporation (CCL)
P&O Princess Cruises plc (POC)
Royal Caribbean Cruises Ltd. (RCL)

 FINANCIAL OVERVIEW
2000 Sales (mil.): 1,326.70
1-Yr. Sales Growth: 52.4%

 KEY PEOPLE
• David Colin Sinclair Veitch
    CEO
• Lamarr B. Cooler
    CFO

 CONTACT INFO
Haakon VII's Gate 1
0161 Oslo, Norway
Phone: 47-23-11-89-50
Fax: 47-22-83-14-09
Online: Web Site

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