NORWEGIAN Cruise Line has revealed that the Norwegian Dream collision and grounding of Norwegian Sky cost it $14.3m in lost earnings in the third quarter of this year.
The cruiseline still managed to increase its net income by 31% to $17.1m during this period.
However, the impact is expected to be offset by re-booked cruises and the early completion of dry-dock work on Norwegian Dream scheduled for next year.
NCL’s results were also hit by reduced demand for Mediterranean cruises on Marco Polo this summer following the war in Kosovo.
This cost the company an estimated $4m-$5m in the third quarter.
Revenue increased by 2.8% to $246.6m.