Cruise Alert - NCL Files for IPO

Soon, U.S. Wall Street investors will be able to buy stock in Norwegian Cruise Line.  The company has filed for an Initial Public Offering to sell $250 million in common shares on the New York Stock Exchange.   No word yet (that I saw) on what their symbol will be.  (NCL is already in use by Nuveen Insured California Premium Income Municipal Fund.)

This will mean that the three main players in the U.S. cruise market will now be on the ticker.

The cruise line has said it also has plans for listing on the NASDAQ, as NCLH.

Wonder if NCL will be offering discounts or OBC's to stockholders?

Brand New Eclipse to the Rescue

Celebrity Cruises has made an alteration in the launch schedule of their brand new ship, the Celebrity Eclipse, in order to assist a boatload of U.K. travelers who have been stranded as a result of the eruption of Iceland's volcano.

The new ship was originally scheduled to begina 2 day launch celebration cruise today, but will, instead, sail for Bilbao, Spain. this evening, on a mission of mercy this evening. She'll arrive there very early Thursday, where she'll "collect" stranded travelers, and sail back to  Southampton, arriving late Friday evening. This special voyage replaces the scheduled two-night, round-trip launch celebration cruise from Southampton.

Company chairman and CEO of parent company Royal Caribbean Cruises Richard Fain said, ““Collecting stranded British and Irish holidaymakers is a fitting first mission for new ship Celebrity Eclipse – what better way for a ship dedicated to the UK to mark her arrival?”

KUDOS from Cruise Ready Store to Celebrity and parent company, Royal Caribbean International,  for once again sailing to the rescue!