As of December 31, 2022, the Companys advance ticket sales balance, including the long-term portion, was $2.7 billion, approximately 9% higher than the prior quarter and approximately 30% greater than at year-end 2019. The ratio of Passenger Cruise Days to Capacity Days. It cannot be applied towards an unpaid cruise balance. Norwegians free onboard credit program for shareholders only allows one shareholder per stateroom to use the benefit. To buy shares in any company, youll typically need to use a stockbroker. You can improve your location in the queue each time you refer someone who signs up with a valid email address. Adjusted Net Loss and Adjusted EPS were calculated as follows (in thousands, except share and per share data): Extinguishment and modification of debt (4), Diluted weighted-average shares outstanding - Net loss and Adjusted Net Loss. Double occupancy capacity per cabin (single occupancy per studio cabin) even though many cabins can accommodate three or more passengers. As of December 31, 2022, the Companys total debt position was $13.6 billion and the Companys liquidity was approximately $1.9 billion, consisting of cash and cash equivalents of $947 million and a $1 billion undrawn commitment. INVESTOR INSIGHTS. Norwegian Cruise Line announced the launch of its first-ever Military Appreciation Program to recognize active and retired U.S. military members, and their spouses, with special onboard experiences, amenities and cruise fare discounts. In addition, management uses Adjusted EPS as a performance measure for our incentive compensation during normal operations. Norwegian Cruise Line Holdings is the third-largest cruise company in the world, with a market capitalization of $13.3 billion. All investments involve risk and the past performance of a security or financial product does not indicate or guarantee future results or returns. Adjustments to reconcile net loss to net cash provided by (used in) operating activities: Provision for bad debts and inventory obsolescence. Youll need to own at least 100 shares of stock in Norwegian Cruise Line (NCLH) at the time of sailing to earn their free onboard credit benefit. Adjusted Net Loss. Sure wish they would have honored me being a shareholder. Sent my stock statement and the ncl form 2 weeks ago and have heard nothing. View Charts Historical Data Event. Net newbuild-related capital expenditures for the first quarter of 2023 are expected to be approximately $130 million. The email for Norwegian Cruise Line requests is shareholderbenefit@ncl.com. With a combined fleet of 29 ships with over 60,000 berths, these brands offer itineraries to approximately 500 destinations worldwide. Learn more, Norwegian Cruise Line Holdings announced key organizational changes at the senior executive leadership level effective January 1, 2023, as part of its robust succession planning process. In the past i would hear something in a few days. If you cruise on Norwegian Cruise Line, or another NCL-owned cruise line, you can get free onboard credit on every cruise, just for being a Norwegian stockholder! As a result, full year 2023 cumulative booked position is ahead of 2019 levels inclusive of the Companys approximately 19% increase in capacity, at continued higher pricing. Offer and combinability with other promotional offers is subject to change at any time per Norwegian Cruise Line, Oceania Cruises, and/or Regent Seven Seas Cruises discretion. Shareholders who qualify will be able to receive a: In order to receive the credit, a shareholder must download an application at www.nclhltdinvestor.com. Here are some examples of how you can use your free shareholder OBC: Just remember that some cruise lines will give you a discount if you prebook and prepay for some of these extrasbeforeyou sail. This exclusive benefit is reserved solely for shareholders owning a minimum of 100 shares of Norwegian Cruise Line Holdings Ltd. at time of sailing. Our three award-winning brands continue to resonate with loyal past guests and new guests alike, as evidenced by our strong guest satisfaction scores and the numerous booking records we have achieved in recent months, and we are excited to deliver memorable vacation experiences to the nearly three million guests we expect to welcome aboard in 2023. Government taxes and fees are additional. (4) Losses on extinguishments and modifications of debt are primarily included in interest expense, net. Thanks for spotting that Alex. This means you cant buy 200 shares, put 100 in your name and 100 in your partners name, and then share a stateroom and get double the onboard credit. Net cash provided by (used in) operating activities. How to buy shares in Norwegian Cruise Line Compare share trading platforms. Benefit is non-transferable, excludes Reduced Rate programs (e.g. *NCLH likes to periodically change the location of the Shareholder Benefit Request Form on its Investor Relations website. if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[468,60],'shouldbecruising_com-leader-2','ezslot_3',606,'0','0'])};__ez_fad_position('div-gpt-ad-shouldbecruising_com-leader-2-0');Just like any other cruise onboard credit you might receive in a special sale or via your travel agent, Norwegian shareholder onboard credit isnt transferable. Norwegian Cruise Line Ships Ranked Best To Worst, The Newest Norwegian Cruise Line Ships (In Order), https://d1io3yog0oux5.cloudfront.net/nclhltd/files/documents/Shareholder+Benefit+Offer.pdf, $250 onboard credit to spend per stateroom on sailings of 15 days or more, $100 onboard credit to spend per stateroom on sailings from 7 to 14 days, $50 onboard credit to spend per stateroom on sailings of 6 days or fewer. In evaluating our non-GAAP financial measures, you should be aware that in the future we may incur expenses similar to the adjustments in our presentation. Total cruise operating expense increased in 2022 compared to 2021, due to the continued resumption of voyages, which resulted in higher payroll, fuel, and direct variable costs of fully operating ships, compared to the prior year when only 16 ships were returned to service. The benefit has to be claimed in advance. Norwegian Cruise Line Shareholder Benefit Department 7665 Corporate Center Drive Miami, FL 33126 Email: ShareholderBenefit@ncl.com To learn more about Norwegian Cruise Line visit www.ncl.com Mailing Address: Oceania RegentCruises Shareholder Benefit Department 8300 Mailing Address:NWMailing Address:33rd Street Suite 100 Miami, FL 33122 Email: 10/31/2017. These non-GAAP financial measures also facilitate managements internal comparison to our historical performance. Onboard credit per stateroom, sailings of six days or fewer: $50 Onboard credit per stateroom, sailings of seven to 14 days: $100 Onboard credit per stateroom,. Reports, policies and documents related to our sustainability program, Sail & Sustain. Click the button above to compare the prices of cruises from all travel agents. You cant use it towards your cruise balance or for gratuities, and you cant transfer your credit to another person or another cruise. Youll need to mail or email the completed form with proof of your shares to your specific cruise line at least a few weeks before your sail date. Some 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. If you own Norwegian Cruise Line shares with another passenger in your stateroom, youre only eligible for one OBC per cruise. Adjusted EPS. Adjusted EBITDAis expected to be in the range of $1.8 to $1.95 billion. RSS News Feed; Quick Links. How long do you think this onboard credit offer will last? Successfully completed tests of biofuel blends on three additional ships, Norwegian Star, Norwegian Sun and Norwegian Epic. I'm looking into purchasing the stocks to get the Onboard Credit for future cruises. Invest with equal access and build long-term wealth on ShareClub. Hi, I owned 100 shares of NCL stock and contacted NCL about this at least 2 months prior to cruising. As of December 31, 2022, the Company had hedged approximately 50% of its total projected metric tons of fuel consumption for the full year 2023. Occupancy is expected to average approximately 100% for the first quarter and is on track to reach historical levels for the second quarter. Buying the stocks requires a brokerage account, but online brokerage sites like E-Trade, Fidelity and TD Ameritrade are options if you don't already have a stockbroker. If you are requesting shareholder onboard credit for two or more separate staterooms/ suites and shares are held jointly, a minimum of 100 shares per stateroom/suite booked must be held. 02. To answer your second question, you don't need to own the NCL stock for 60 days (or any other specific length of time) to use it. Debuting in 2025, Allura is the eighth vessel for the line and will be the sister ship to Vista, which sets sail in May 2023. The following reflects the Companys expectations regarding fuel consumption and pricing, along with accompanying sensitivities. We have a few cruises booked over the next 12 months, and I hope I can get OBC for all of them. Management believes Free Cash Flow and Adjusted Free Cash Flow provide investors with useful financial metrics to assess our ability to service and repay our debt and to pursue opportunities to enhance our growth after making the capital investments required to support ongoing business operations and long-term value creation. The cruise line says you need to be a shareholder at the time of sailing, but I've never heard of them actually checking after your OBC is approved. Generally accepted accounting principles in the U.S. Constant Currency. The consent submitted will only be used for data processing originating from this website. If youre an NCL stockholder, youre eligible for free onboard credit each time you cruise. Whats your favorite way to get free onboard credit on a cruise? UK PRA vs FCA What are the Differences? At the same time, the Company revised the commitment to reduce the amount to $650 million, which will be available through February 2024 with an option, at the Companys election, to extend through February 2025. (2) Non-cash deferred compensation expenses related to the crew pension plan and other crew expenses are included in payroll and related expense. Net Per Diem. The Company has taken the following additional actions to enhance its liquidity profile and financial flexibility since the end of the third quarter: We continue to make progress towards resuming our historic track record of achieving consistently improving financial results year after year, said Mark A. Kempa, executive vice president and chief financial officer of Norwegian Cruise Line Holdings Ltd. We remain steadfast in our commitment to deliver value for all of our stakeholders. The NCL stock benefits are for anyone who owns 100 shares or more in Norwegian Cruise Line Holdings. Adjusted Gross Margin per Capacity Day. Jenni Fielding is the founder of Cruise Mummy. In order to monitor results excluding these fluctuations, we calculate certain non-GAAP measures on a Constant Currency basis, whereby current period revenue and expenses denominated in foreign currencies are converted to U.S. dollars using currency exchange rates of the comparable period. May 9, 2022. . Hi Susan, excellent questions! (1) Includes derivatives representing accounting hedges as well as economic hedges. Each shareholder can qualify for one onboard credit per cruise. Proof of shareholder status could include: Be sure to also fill out the Shareholder Benefit Request Form completely, including your full name, address, phone number, and email. HomeBlogCruise Tips Cruise News Cruise DestinationsAboutContactResourcesFeatured PressPrivacy PolicyCookie PolicyDisclosure PolicyTerms of Use. All shareholder benefit requests must be received at least fifteen days prior to sailing date. Your submission has been received! $100 Onboard Credit per Stateroom on Sailings of 7-13 days. Thank you! QuoteMedia. Offer valid for any vacation on Norwegian Cruise Line, Oceania Cruises or Regent Seven Seas Cruises, excluding charter sailings. We use Adjusted Net Loss and Adjusted EPS as key performance measures of our earnings performance. It is not possible to predict or identify all such risks. Cruise travelers who own at least 100 shares of stock in Carnival Corporation (CCL), Royal Caribbean (RCL), or Norwegian Cruise Line (NCL) can receive up to $250 in onboard credits during their. Find addresses for the other brands and facts about the program on the company's investor website. We continue to expand on our environmental, social and governance efforts and our global sustainability program, Sail & Sustain. The Company is currently in the process of securing additional export-credit agency backed financing to cover the above costs. Do NCL shareholders get cruise discounts? We utilize Adjusted Gross Margin, Net Yield, and Net Per Diem to manage our business on a day-to-day basis and believe they are relevant measures of our revenue performance because they reflect revenue earned net of certain direct variable costs. Plus with Free Airfare^ , we'll fly your second guest for free! To redeem this special offer, simply complete the attached Shareholder Benefit Request Form and mail or email (with accompanying documentation) request at least 15 days prior to sailing to: Mailing Address: Norwegian Cruise Line Shareholder Benefit Department 7665 Corporate Center Drive Miami, FL 33126 Email: ShareholderBenefit@ncl.com These changes include the previously communicated modification and enlargement of the last four Prima Class vessels as well as additional modifications to the final two ships in this class to accommodate the use ofgreen methanol as an alternative fuel source in the future. I cant advise you which is the best, but I personally chose to buy my NCL shares through an investing platform called etoro. Royal Caribbean: Shareholders With Benefits, Carnival Cruises: Shareholders With Benefits, investing in opportunities where the odds are in your favour. Share your form with others. A photocopy of your shareholder proxy card; or. Thanks for the questions! This compares to Adjusted Net Loss and Adjusted EPS of $(765.0) million and $(1.95), respectively, in 2021. You may also like:Cruising with Kids: 19 Essential Tips. Net cash provided by operating activities was approximately $237 million and the Company reached another significant financial inflection point by generating positive Adjusted Free Cash Flow of approximately $71 million for the fourth quarter of 2022. In February 2023, the Company issued $600 million of aggregate principal amount of 8.375% senior secured notes due 2028 in a refinancing transaction. You are encouraged to evaluate each adjustment used in calculating our non-GAAP financial measures and the reasons we consider our non-GAAP financial measures appropriate for supplemental analysis. Be the first to rate this post. Adjusted EBITDA. If any of these situations apply to you, you also wont be able to get free OBC as a Norwegian shareholder: Unlike some cruise lines that allow you to use OBCbeforeyour cruise to pay for packages and services on board, NCL and its subsidiaries only allow you to use onboard credit once youre physically on the ship. The amounts are the same, meaning youll likely enjoy the benefit more on an NCL sailing since that $250 will stretch further. I chose this one because it is one of the most popular platforms with 20 million registered users and has great reviews and low fees. Residents of jurisdictions where ShareClub is registered will be notified first, based on their current position in line, and will be given an invitation to access ShareClub's account onboarding process. The way the offer is written, it's only possible to claim one onboard credit per cabin, not per person. Thanks for the info! Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a leading global cruise company which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. Net Per Diem is expected to increase in the range of 8.75 to 10.25% as-reported and 9.00 to 10.50% in Constant Currency versus 2019. NORWEGIAN CRUISE LINE HOLDINGS LTD. IS THRILLED TO OFFER OUR SHAREHOLDERS THE FOLLOWING BENEFITS: $250 Onboard Credit per Stateroom on Sailings of 15 Days or More. The Company has modified certain existing newbuild contracts which has resulted in an increase in ship contract costs of approximately 1.2 billion. See the table below to find out how much OBC you can be awarded on your next cruise. Terms of Use. Offer is valid only for new reservations made on or after January 7, 2019. There is no carryover. But, you can use your onboard credit for almost anything youd normally pay for once youre on the ship. Net income, adjusted for non-cash compensation expense and any potential impacts associated with financing activities. I'm so glad I could tell you all about how to get Norwegian shareholder credit, and that you could make use of it right away. OBC is awesome! (3) Non-cash share-based compensation expenses related to equity awards are included in marketing, general and administrative expense and payroll and related expense. Join thousands of investors who want to help us change the market, together. For anyone having trouble with Norwegian honoring the shareholder benefit for a similar reason, I'd advise also pasting the proof of shares into the body of your email, or mailing in hard copies of the form and proof well before your sailing date. Shareholder Benefit FAQs. RT=Real-Time, EOD=End of Day, W9 Form. Now, she helps over 1 million people per month to plan their perfect cruise holidays. Gratuitites. The amount of the benefit varies with the length of your cruise and cruise line. The brokerage statement must show that at least 100 shares are held directly by the individual. And the good news is, your shareholder benefit applies to those cruises as well so you get the Norwegian Cruise Line stock benefits whether youre sailing with NCL or one of the sister brands. The address to mail in a request is Norwegian Cruise Line Shareholder Benefit Department, 7665 Corporate Center Drive, Miami, FL 33126. Interest expense in the prior year included losses on extinguishment of debt and debt modification costs of $771.6 million related to the repurchase of certain exchangeable notes. In measuring our ability to control costs in a manner that positively impacts net income (loss), we believe changes in Adjusted Gross Margin, Net Cruise Cost and Adjusted Net Cruise Cost Excluding Fuel to be the most relevant indicators of our performance. Non-newbuild capital expenditures for the fourth quarter of 2022 were $89million. Norwegian Cruise Line Holdings Ltd. offers free OBC to shareholders on all of their cruise lines. James LePage. The benefit has to be claimed in advance. Total revenue per Passenger Cruise Day exceeded expectations, increasing approximately 23% as-reported and 24% in Constant Currency, compared to the same period in 2019. (3) Restructuring costs related to workforce reductions are included in marketing, general and administrative expense. Instructions and guidelines on Norwegian Cruise Line's safety and security policies. The following table provides amounts hedged and price per barrel of heavy fuel oil (HFO) which is hedged utilizing Brent and marine gas oil (MGO) which is hedged utilizing Gasoil. Costs were also impacted by inflationary pressures. You have to own the shares as an individual stocks owned as part of a mutual fund dont count. See Terminology for the definitions of these and other non-GAAP financial measures. Onboard credits can be used for purchases of drinks, food, souvenirs, excursions, or other types of onboard purchases. Norwegian Cruise Line Shareholder Benefit / Discount - Facts and FAQs. You can read more about me and about Should Be Cruising here. The proof you need to provide as a shareholder can either be a photocopy of your shareholder proxy card, or a photocopy of your current brokerage statement. 04/02/2018. You shouldnt invest in a cruise line just to get onboard credit you could lose a lot of money if something bad happened to the market. Net cash provided by operating activities was approximately $237 million. Form CT-1040 For DRS Use Only Connecticut Resident Income Tax Return CT-1040 Taxpayers must sign declaration on reverse How to start a chicken farm business 2012 form. 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. Hi Jerry, I'm sorry to hear about your experience with the NCL shareholder benefit. Adjusted Free Cash Flow. Earnings before interest, taxes, and depreciation and amortization. Norwegian is an American company that was founded in 1966 and is headquartered in Miami, FL. Is there a Norwegian Cruise Line shareholder benefit request form? 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. Investors should consider their investment objectives and risks carefully before investing. (1)Fuel consumption for the full year 2023 is expected to be split approximately evenly between heavy fuel oil and marine gas oil (2)Fuel prices are based on forward curves as of2/16/23. Bottom line I'd say go for it :) Enjoy your cruises! Additionally, shouldbecruising.com participates in various other affiliate programs, and we sometimes receive a commission from purchases made through our links. I'm so sorry that this post wasn't useful for you! Adjusted Gross Margin. ShareClub Inc. is not a registered investment advisor (RIA) or FINRA-licensed broker-dealer. Ive updated the info and added a link to the official document which youll also find here: https://d1io3yog0oux5.cloudfront.net/nclhltd/files/documents/Shareholder+Benefit+Offer.pdf. Learn more, Oceania Cruises announced that it would accelerate the debut of its new ship Vista. Sending in your proof of shares early and following up usually does the trick. We are focused on identifying new and incremental opportunities to reinforce our solid foundation and become an even stronger and more nimble organization, while continuing to provide unparalleled vacation experiences for our valued guests.. Type text, add images, blackout confidential details, add comments, highlights and more. You must own at least 100 shares of Norwegian for two months (or more) before you apply for the shareholder benefit. A former flight attendant, she now prefers cruise ships over airplanes and spends several months each year cruising and exploring cruise ports. Norwegian Cruise Line ; Oceania Cruises ; Regent Seven Seas Cruises ; Shareholder Benefit . We also believe that Adjusted EBITDA is a useful measure in determining our performance as it reflects certain operating drivers of our business, such as sales growth, operating costs, marketing, general and administrative expense and other operating income and expense. Check out the latest web stories from Should Be Cruising! Youll also need to provide the ship name, sailing date, and reservation number to ensure youre credited correctly on your cruise. I think there has been a mistake made on my Shareholder benefit .We we're credited $100.00 instead of the $250.00 on our 15 day cruise. Our presentation of our non-GAAP financial measures should not be construed as an inference that our future results will be unaffected by unusual or non-recurring items. A process whereby a ship is positioned in a large basin where all of the fresh/sea water is pumped out in order to carry out cleaning and repairs of those parts of a ship which are below the water line. Shareholder Benefit Offer ; Shareholder Benefit Request Form ; Shareholder Benefit FAQs ; Contact Us . While additional modifications will be needed in the future to fully enable the use of methanol in addition to traditional marine fuel on these ships, this reinforces the Companys commitment to decarbonization and represents an important step forward in the pursuit of net zero greenhouse gas emissions by 2050. Whenever youre investing in anything on the stock market, there is inherent risk. For more info, please read myDisclosure Policy. A photocopy of a brokerage statement is fine. 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. Dont let institutional investors be the only ones taking advantage of empowered & informed investing. Norwegian doesn't have a limit to how many times you can get the free shareholder OBC, so you'll be able to apply for it for all of your cruises. Gross Cruise Cost less commissions, transportation and other expense and onboard and other expense. All rights reserved. Open the ncl shareholder benefit and follow the instructions Easily sign the ncl shareholder benefit request form 2022 with your finger Send filled & signed rcl shareholder benefit request form or save Rate the ncl stockholder benefits form 4.5 Satisfied 93 votes Handy tips for filling out Ncl shareholder benefit form online In February 2023, the Company amended its $1 billion undrawn commitment. So use it before you lose it! Seven Seas Grandeur will set sail in November 2023, cruising 18 incredible voyages in the Caribbean and the Mediterranean. In addition, Adjusted Net Loss and Adjusted EPS are non-GAAP financial measures that exclude certain amounts and are used to supplement GAAP net loss and EPS. The shares need to be held in the name of a booked passenger to earn OBC. Check in on your investment. A replay of the conference call will also be available on the website for 30 days after the call. Its true! Its not applied automatically, and each time you apply youre only claiming it for your next cruise. Fourth Quarter and Full Year 2022 Financial Results Conference Call, Norwegian Cruise Line Holdings Reports Fourth Quarter and Full Year 2022 Financial Results, CELEBRITY CHEF GIADA DE LAURENTIIS NAMED GODMOTHER OF OCEANIA CRUISES' NEW SHIP VISTA, Norwegian Cruise Line Holdings to Hold Conference Call on Fourth Quarter and Full Year 2022 Financial Results, OCEANIA CRUISES SHOWCASES THE NATURAL WONDERS OF ALASKA'S "LAST FRONTIER" FROM A NEW PERSPECTIVE WITH AUTHENTIC, LOCALLY CURATED TRAVEL EXPERIENCES LED BY COMMUNITY MEMBERS, Regent Seven Seas Cruises and Shipbuilders Fincantieri Celebrate Float Out of Seven Seas Grandeur, NCL Corporation Ltd. $50 Onboard Credit per Stateroom on Sailings of 6 days or less. If you can't find an answer to your question, please contact us.

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