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Norwegian Cruise Line Holdings Ltd mentioned on Thursday it was taking a look at different ports across the Baltic area for its scheduled sailings over the summer season following Russia’s invasion of Ukraine.
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Ukraine’s forces battled Russian invaders as troops poured throughout its borders by land, air and sea, within the largest assault on a European state since World Warfare Two.
The U.S. cruise line mentioned roughly 5% of its whole capability, or about 50 sailings, anchor on the Russian port metropolis of St. Petersburg over the summer season season.
The cruise ship Norwegian Gem operated by Norwegian Cruise Line arriving at Port Canaveral in Florida. (iStock / iStock)
The corporate mentioned within the worst case situation, if its ships are unable to make stops at St. Petersburg or surrounding areas, there are a number of different ports within the Scandinavian area that it has the flexibility to name on.
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“It’s disappointing as a result of St. Petersburg is likely one of the crown jewels of the Scandinavia itineraries. However definitely, there are alternate options,” Chief Govt Officer Frank Del Rio mentioned on a post-earnings name.
It was “not a huge effect,” firm executives mentioned.