Norwegian Cruise Line Holdings (BSP:N1CL34) Average Age of Fleet in Years : 0.00 (As of . 20)

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What is Norwegian Cruise Line Holdings Average Age of Fleet in Years?

Average Age of Fleet in Years indicates the average age of fleet of this coompany. Companies with a higher average age of fleet may need to spend more on buying new ships, which reduces cash position in the future. Usually it reflects that the company has financial problems and failed to buy new fleets. Under rare situations it reflects good maintenance for existing fleets and extending their life.

The historical rank and industry rank for Norwegian Cruise Line Holdings's Average Age of Fleet in Years or its related term are showing as below:

BSP:N1CL34's Average Age of Fleet in Years is not ranked ^*
in the Travel & Leisure industry.
Industry Median:
* Ranked among companies with meaningful Average Age of Fleet in Years only.

Norwegian Cruise Line Holdings Average Age of Fleet in Years Historical Data

The historical data trend for Norwegian Cruise Line Holdings's Average Age of Fleet in Years can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Norwegian Cruise Line Holdings Average Age of Fleet in Years Chart

Norwegian Cruise Line Holdings (BSP:N1CL34) Average Age of Fleet in Years Explanation

Companies with a higher average age of fleet may need to spend more on buying new ships, which reduces cash position in the future. Usually it reflects that the company has financial problems and failed to buy new fleets. Under rare situations it reflects good maintenance for existing fleets and extending their life. Companies with a lower average age of fleet may also have a higher depreciation.

According to the data from statista.com, as of 2020, the average age of all ships in the world merchant fleet was just over 20 years. General cargo ships were the oldest type of vessels with an average age of around 26 years; likewise, over 65 percent of the world's cargo ships were older than 14 years, in contrast with over 18 percent of bulk carriers.

Norwegian Cruise Line Holdings Average Age of Fleet in Years Related Terms

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Norwegian Cruise Line Holdings (BSP:N1CL34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Norwegian Cruise Line Holdings Ltd (BSP:N1CL34) » Definitions » Average Age of Fleet in Years

Comparable Companies

Traded in Other Exchanges

NCLH:USA NCLH:Mexico 1NC:Germany NCLH:Austria

Address

7665 Corporate Center Drive, Miami, FL, USA, 33126

Website

https://www.nclhltdinvestor.com

Norwegian Cruise Line is the world's third-largest cruise company by berths (at more than 66,000), operating 31 ships across three brands (Norwegian, Oceania, and Regent Seven Seas), offering both freestyle and luxury cruising. The company had redeployed its entire fleet as of May 2022. With six passenger vessels on order among its brands through 2028 (representing 16,500 incremental berths), Norwegian is increasing capacity faster than its peers, expanding its brand globally. Norwegian sails to around 700 global destinations.

Norwegian Cruise Line Holdings (BSP:N1CL34) Headlines

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