More Problems for NCL

Cruise line moves forward despite shipyard financial problems

Norwegian Cruise Line said it is moving forward with plans to complete the U.S.-flagged Pride of America “notwithstanding the shipyard’s financial restructuring” and added, in a separate statement, that efforts to refloat the ship are continuing with minor delays. Lloyd Werft, the German shipyard that is constructing the Pride of America, was to file for receivership last week.

The ship is “heavily insured,” NCL said, under a policy that will cover last month’s incident, where the Pride of America sank in its berth during a storm.

NCL said it planned to meet with Lloyd Werft executives last week to discuss the completion of the Pride of America and said it “is working with the yard to assist it in emerging from this setback.”

The Pride of America was going to launch the NCL America brand and its major expansion in Hawaii on July 4, but the shipyard accident delayed those plans. NCL now will start the Hawaii program with the Pride of Aloha, which is currently operating as the Norwegian Sky.