The cruise industry has been very resilient over a long period of time. It has been hit particularly hard by the pandemic as there were several high profile ships with multiple people testing positive for the coronavirus.
Norwegian is a Miami-based company that operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands.
Norwegian Cruise Line Holdings warned investors that it might go out of business, as tries to raise the money.
The company said its accounting firm has “substantial doubt” about Norwegian’s ability to continue as a going concern because of the Covid-19 pandemic.