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Wells Fargo: NCLH may reduce Caribbean capacity in late 2016

Wells Fargo: NCLH may reduce Caribbean capacity in late 2016
Norwegian Cruise Line Holdings has been building its Caribbean presence with big new ships and its biggest yet, Norwegian Escape, is due to begin sailing year-round from PortMiami late this year.

In a note on Wednesday, Wells Fargo Securities suggested the company may look to reduce Caribbean capacity starting in late 2016—perhaps by deploying to Asia, Europe or South America.

The brokerage did not go into further detail.

Currently the Norwegian Cruise Line brand has no Asia presence, however sister lines Oceania Cruises and Regent Seven Seas Cruises operate in the region.

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