Norwegian Cruise Line Holdings advances fleet modernization plan
The cruise group is pairing new ship orders with five scheduled fleet departures between 2026 and 2028.

Norwegian Cruise Line Holdings is moving forward with a fleet modernization program representing nearly $20 billion in investment over the next decade, according to a report citing maritime industry coverage. The parent of Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises currently operates 35 ships and has ordered 16 more for delivery by 2037.
Five vessels are scheduled to leave the group’s fleet between 2026 and 2028. Norwegian Sky and Norwegian Sun are set to join India-based Cordelia Cruises through 10-year bareboat charter agreements that include nominal purchase options. Norwegian Sky is due to transfer in the coming week, followed by Norwegian Sun in 2027.
Regent Seven Seas Navigator is designated for the Avora Residences program, which is scheduled to launch in 2028. The vessel is to be renamed Avora Lumina.
Within the Oceania fleet, Regatta is slated to begin a two-year charter with an Australian tour company in late 2026, with options for an extension or sale. Sirena was sold in July and is expected to remain under charter-back arrangements through spring 2028 to complete scheduled cruises.
Oceania Nautica will remain with the company and be repositioned in 2027 as Oceania Aurelia for the luxury long-cruise market. Plans call for 238 accommodations, down from 340 cabins, with 179 designed as suites.
