Port of Seattle and Norwegian Cruise Line Holdings sign lease

The Port of Seattle recently signed a lease with Norwegian Cruise Line Holdings (NCLH), the parent company of Oceania Cruises, Norwegian Cruise Line and Region Seven Seas Cruises.

The lease will last for the next fifteen years. The agreement allows NCLH ships to access the port of Seattle. Under the agreement, NCLH has been guaranteed passenger volume estimated around $73 million worth of revenue to Seattle’s port.

“We thank Norwegian Cruise Line for their commitment to Seattle and the Alaska cruise business,” Commissioner John Creighton said. “Cruise in Seattle means $440 million in annual economic impact for this region. This deal means more growth, which means more jobs."

“Alaska is a favorite cruise destination for guests on all three of our brands and Seattle, with its incredible culinary offerings, luxurious accommodations and outstanding attractions, makes for an ideal homeport,” Frank Del Rio, CEO for Norwegian Cruise Line Holdings Ltd., said. “With primary use of the world-class facilities at Pier 66, we can further customize our guests’ pre- and post-cruise experience and better align it with the superior service levels offered by our three award-winning brands.”

Seattle representatives also applauded the deal.

“This is a historic deal for the Port of Seattle,” Ted Fick, Port of Seattle CEO, said. “A 15-year lease for a cruise terminal is unprecedented on the West Coast. Norwegian Cruise Line is showing real vision by investing in the economic growth of this region.”

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