NCL Corporation is planning a $250m initial public offering (IPO), according to a recent company filing.
The IPO is expected to partially cash out for New York’s Apollo Management and Genting Hong Kong, which each own half of NCL.
The company lost $226.96m in 2007 and $211.8m in 2008, while profits of $67.23m were reported last year.
Two days earlier the corporation’s cruise line announced it would invest $1.67bn in two new 4,000-passenger vessels to increase its fleet to 13 ships.
In June the company took delivery of its largest ship, the 4,100-passenger Norwegian Epic, from Meyer Werft of Germany, according to bizjournals.com.