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Old April 17th, 2007, 02:51 PM
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Default Pride of Hawaii Renamed

THE PRIDE OF HAWAII will be renamed the Norwegian Jade, reflagged and redeployed to Europe in 2008, NCL Corp. said. The company said that its 2006 losses were caused by downward pricing pressure in the Hawaii market following the addition of the Pride of Hawaii to the fleet last summer, combined with an increase in foreign-flag competition in the market. The company said the withdrawal would be temporary. "We take this action with regret, but sure in the knowledge that a temporary retrenchment is the right thing to do for the good of the business and the good of Hawaii in the long run," CEO Colin Veitch said.

THE NORWEGIAN JADE will be reflagged into the Bahamas registry during a wetdock in Honolulu, where the ship will be fitted with a casino and new hull artwork. It will sail 12-, 13- and 14-day eastern and western Mediterranean cruises, sailing from Barcelona, Istanbul and Athens; it will then reposition to Southampton, England, for a series of cruises to the Mediterranean, North Cape, Western Europe and the British Isles. The ship will offer a series of sailings designed specifically for the U.K. market, NCL said. The Jade will be joined in Europe by the Norwegian Gem, which will sail western Mediterranean cruises from Barcelona, and the Norwegian Jewel, which will sail in the Baltic region from Dover, England.
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