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Norwegian is vying for solo travelers with these tiny $1,880 single-person cabins on its latest giant cruise ship

Norwegian is vying for solo travelers with these tiny $1,880 single-person cabins on its latest giant cruise ship

In recent years, Norwegian has emerged as the leader of the solo cruise boom, adding about 1,000 single-person cabins to its fleet in 2024.
For the company, it's a great money-making opportunity: 10% of cruisers from US ports go alone, with millennials and Gen Zers most likely to cruise solo, according to the trade group Cruise Lines International Association.
For solo cruisers, it's a great money-saving opportunity: Many cruise lines charge independent travelers a "single supplement" fee to compensate for lost revenue on double occupancy cabins. In some cases, this additional expense can double the cost to sail.
That is, unless they stay in one of Norwegian's solo staterooms.
Of the 93 options, 73 are what Norwegian affectionally call "studios."It's a fitting name for a tiny cabin, but don't let its 94-square-footage footprint fool you. It still has all the necessities of a cruise stateroom, including a twin bed sandwiched between a wall-mounted TV and a storage unit.
There's no additional seating, save for the backless desk stool. However, it does come with access to a shared living room. Solo cruisers can mingle with other lone wolves at the Studio Lounge, accessible only to those staying in single-person cabins.The multi-section space has plenty of lounge seating, from chaises to shared couches. It also serves a small breakfast buffet, in addition to coffee and snacks throughout the day.Not all who are alone at sea have to be lonely.

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Holland America Line Builds on Northern Europe Expertise with Third Dedicated Ship Exploring the Region in 2027
Holland America Line Builds on Northern Europe Expertise with Third Dedicated Ship Exploring the Region in 2027

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Holland America Line Builds on Northern Europe Expertise with Third Dedicated Ship Exploring the Region in 2027

Dutch-inspired onboard traditions and more popular destinations for guests looking to explore Scandinavia, Iceland, Greenland, the Baltics and British Isles SEATTLE, June 3, 2025 /PRNewswire/ -- Holland America Line will expand its presence in Northern Europe with a third dedicated ship in 2027, providing guests with more chances to discover the region with a cruise line known for its deep-rooted expertise in the area. Guests embarking on one of the cruises can expect to discover the sparkling cities and otherworldly beauty of Scandinavia, Greenland, the Baltics and the British Isles — while also enjoying an authentic onboard experience. Starting in 2027, Zuiderdam will join Nieuw Statendam and Rotterdam in taking guests throughout Northern Europe, while Oosterdam will continue as the cruise line's primary ship to sail Mediterranean cruises. Nieuw Statendam and Rotterdam will continue to homeport in Rotterdam, the Netherlands, while Zuiderdam will cruise from Amsterdam. Both Zuiderdam and Rotterdam will also offer departures from Reykjavik, Iceland; and Nieuw Statendam will return to Dover, England, in 2027, with alternate itineraries for those wishing to sail roundtrip from the U.K. "Northern Europe is extremely popular with our guests — for the ports of call and stunning scenery. As a cruise line rooted in European heritage, we're uniquely positioned to offer them one-of-a-kind explorations with an onboard experience that matches the region," said Paul Grigsby, vice president of deployment and itinerary planning for Holland America Line. "The destinations in the region are some of our highest-rated — from standout ports in Norway like Eidfjord and Bergen and scenic cruising in Eyjafjörður, Iceland, to the UK's Liverpool and Ireland's Killybegs — this season provides guests more chances to experience everything Northern Europe has to offer." Holland America Line surveys of both current and prospective guests show that nearly half of respondents rank Northern Europe (including Iceland and Greenland) as one of the most appealing cruise destinations. Further, a majority of guests rank fjord cruising as something of particular interest. A "fjord authority," Holland America Line has crafted a 2027 season featuring copious opportunities for scenic cruising in Norwegian and Icelandic fjords — including through Europe's longest and deepest fjord, the Sognefjord. Northern Europe — Home of Holland America Line As one of the world's longest-sailing cruise lines, founded in Rotterdam in 1873, Holland America Line keeps its European heritage at the forefront of the experience on board. The "Dutch Touch" can be found on board every ship and on every itinerary, from classic design to "Dutch Day," which integrates numerous Holland America Line traditions into a celebration of the culture, cuisine and country of the Netherlands. Throughout each cruise, the "Northern European" experience continues on board and on shore through locally sourced regional delights. And — when sailing on European cruises, guests can taste some of Europe's best cocktails exclusively curated for Holland America guests by award-winning Dutch bartender Tess Posthumus. And guests can learn more about each destination through a series of onboard "Up Close" presentations and port talks, as well as see live, local entertainment in locations like Warnemunde, where they can take in the sounds of a German oom-pah band. Exploring the Mediterranean with Holland America Line Also available for booking as part of the 2027 Europe season is a series of Mediterranean cruises. Guests can choose from 14 itineraries ranging from seven to 11 days aboard Oosterdam, or from one of three itineraries aboard Nieuw Statendam, either 14 or 15 days. 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PensionBee Analysis Finds Left-Behind 401ks May Cost Americans $90,000 by Retirement
PensionBee Analysis Finds Left-Behind 401ks May Cost Americans $90,000 by Retirement

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PensionBee Analysis Finds Left-Behind 401ks May Cost Americans $90,000 by Retirement

Job hopping early in your career can leave you vulnerable to predatory Safe Harbor IRAs, according to new research by online retirement provider PensionBee. NEW YORK, June 03, 2025--(BUSINESS WIRE)--In today's dynamic job market, frequent career moves are common, especially among younger professionals. However, this trend has led to a growing issue: abandoned 401(k) accounts. Recent estimates indicate that over 29 million forgotten 401(k) accounts exist in the U.S. To make matters worse, when employees leave behind small 401(k) balances - under $7,000 - employers can transfer these funds into Safe Harbor IRAs without the employee's consent to help manage high volumes of inactive accounts. PensionBee examined the impact of this common administrative practice, revealing the stark return differential between Safe Harbor IRAs and traditional retirement accounts. Americans who leave behind just a handful of accounts early in their careers can lose out on over $90,000 by the time they retire. The Three-Fold Problem Safe Harbors IRAs are designed to preserve rather than grow capital. Previous market analysis by PensionBee found that combined high fees and low returns of many mainstream providers work against this goal, and may even deplete forgotten retirement accounts to $0. The problem is threefold: First, mandated ultra-conservative investments. Regulations require Safe Harbor IRAs to use low-risk investments, usually offering far below standard retirement portfolio returns, often below the rate of inflation. Many Safe Harbor IRA providers use bank deposits with very low interest rates, sometimes as low as 0.5%. Second, many providers charge excessive fees that devour returns. Unlike 401(k) plans, which have an average fee of approximately 0.85%, Safe Harbor IRAs charge seemingly small monthly fees ($1-$5) that quickly accumulate. One provider charges $5.67 monthly plus 0.5% annually—on a $3,500 account, that's $85.54 yearly (2.4%) before additional withdrawal fees of $75 per transaction. These fees often exceed any earnings and actively deplete principal. Third, interest skimming. Certain providers have been known to pay less than 1% interest while prevailing rates exceed 4%, taking substantial portions of investment returns as a "bank servicing fee." The Generational Toll Younger workers face a perfect storm. Not only do Gen Zers change jobs often, but they are also opening retirement accounts earlier than ever before. The average Gen Zer starts saving for retirement at age 22, compared with Millennials, who began at 27, Gen X, whose average age was 31, and Boomers, who didn't start until the age of 37. The combination of changing jobs more frequently and opening retirement accounts earlier than their predecessors creates a dangerous vulnerability. Gen Z is more likely to accumulate multiple small 401(k) accounts that are prime targets for automatic transfers to Safe Harbor IRAs, which were never meant to be long-term investing vehicles. Our system quietly undermines their early start through these forced transfers to low-yield investments. The lack of transparency compounds the problem. This isn't merely a different default option; it's a fundamentally different investment approach with dramatically reduced growth potential. The Compounding Problem PensionBee's latest research compared growth trajectories of Safe Harbor IRAs (~2% returns) and 401(k) investments (~5% returns), to model the difference in returns between employees whose small balances are forced into low-yielding accounts and those who are not. The findings suggest that automatic rollovers into Safe Harbor IRAs with low-yielding accounts harm former employees and can lead to an exponential difference in returns across several accounts. For illustrative purposes, the analysis looks at a typical worker who: Job hops between the ages of 20 and 30, leaving behind a 401(k) every two years (five total) Has a starting salary of $50,000 that grows 10% with each new job Retirement balances are calculated as 3% of that salary annually, with 50% employer match vested PensionBee's analysis shows that a typical 20-year-old worker who leaves behind a $4,500 retirement account will see it grow to just $5,507 by retirement age if left in a typical Safe Harbor IRA. Had that same amount been rolled over to a traditional 401(k) earning 5%, it would grow to $25,856, a difference of over $20,000 from a single account. The impact compounds dramatically with multiple job changes. Someone who switches jobs every two years in their 20s and rolls over their accounts each time saves over $90,000 more by retirement than someone who leaves them in Safe Harbor IRAs. This difference exceeds the median American retirement savings of $87,000. How to Protect Your Retirement Savings Check Account Size: Know your balance when leaving a job, as accounts under $7,000 may be automatically transferred to Safe Harbor IRAs. If your account is under $1,000, it may be cashed out automatically, triggering taxes and penalties. Know Your Options: You generally have four choices for your retirement account when switching jobs: keep it with your former employer, transfer it to an IRA, move it to your new employer's plan, or cash out, potentially triggering penalties and taxes. Update Contact Information: Ensure all retirement account providers have your current contact information to prevent account transfers without your knowledge. Take Timely Action: Make decisions about your retirement funds within 30 days of leaving a job to prevent automatic transfers. Bottom Line The silent drain of retirement savings through inadequate Safe Harbor IRAs remains largely invisible to millions of Americans who switch jobs regularly. Most job-hoppers assume their retirement accounts are safe, even if unaccounted for. Instead, forgotten accounts may be eroded by excessive fees and low returns, potentially costing thousands in retirement savings. "Safe Harbor IRAs represent a critical blind spot in America's retirement system," notes Romi Savova, CEO of PensionBee. "The lack of transparency in these accounts is particularly troubling, as most assume that the money they put towards their retirement will remain theirs. The difference between investment defaults matters enormously." Savova emphasizes that "these seemingly small default decisions have profound long-term consequences for savers. Greater transparency around default investment strategies would empower consumers to make informed choices about their financial future." About PensionBee PensionBee is a leading online retirement provider, helping people easily consolidate, manage, and grow their retirement savings. The company manages approximately $8 billion in assets and serves over 275,000 customers globally, with a focus on simplicity, transparency, and accessibility. Notes The information provided in this announcement, including any projections for investment returns and future performance, is for informational and educational purposes only and should not be considered investment advice. Past performance is not indicative of future results. All investments carry risk, including the potential loss of principal. PensionBee is not liable for any losses or damages arising from the use of this information. Projections and forecasts are based on assumptions and current market conditions, which are subject to change. PensionBee Inc. is registered with the Securities and Exchange Commission as an investment adviser. We do not provide in-person advice. PensionBee Inc (Delaware Registration Number SR20241105406 ) is located on 85 Broad Street, New York, New York, 10004. 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Norway Construction Industry Report 2025: Output to Grow at an AAGR of 3.5% During 2026-2029, Supported by Investments in Transport, Commercial and Renewable Energy Sectors
Norway Construction Industry Report 2025: Output to Grow at an AAGR of 3.5% During 2026-2029, Supported by Investments in Transport, Commercial and Renewable Energy Sectors

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Norway Construction Industry Report 2025: Output to Grow at an AAGR of 3.5% During 2026-2029, Supported by Investments in Transport, Commercial and Renewable Energy Sectors

Explore Norway's construction market trends forecast to 2029, highlighting a 2% industry growth in 2025. Investment in renewable energy, manufacturing, and infrastructure projects boosts recovery. Insights cover the mega-project pipeline and sectoral forecasts. Stay ahead with strategic industry analysis. Dublin, June 03, 2025 (GLOBE NEWSWIRE) -- The "Norway Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H1 2025)" report has been added to construction industry to expand in real terms by 2% in 2025, following contractions of 3.9% and 1.8% in 2024 and 2023 respectively. This will be supported by public and private sector investments in manufacturing, renewable energy and transport infrastructure projects and a recovery in residential construction. The growth in the Norwegian construction industry is also attributed to the recovery in the industrial construction sector which is expected to grow by 1.4% this year after registering a decline of 6.7% in 2024. In January 2025, Elinor Batteries, a Norwegian battery company announced a plan to construct a giga-scale battery production factory with an investment of NOK10 billion ($921.3 million), which will be completed by 2026. In the short term, growth will be boosted by planned expenditures under the 2025 budget. In September 2024, the government approved the 2025 Budget with a total planned expenditure of NOK2 trillion ($186.1 billion); a 6.8% increase compared to the 2024 Budget the remainder of the forecast period, construction output is expected to rebound and grow at an annual average growth rate of 3.5% from 2026 to 2029, supported by investments in transport, commercial and renewable energy sectors, coupled with the government's target of reaching net zero carbon emissions by 2030, compared to 1991 levels. In a positive development for the oil and gas sector, in January 2025, Norway's Ministry of Petroleum and Energy awarded 53 production licenses to 20 oil and gas companies for further hydrocarbon exploration activity on the Norwegian Continental Shelf (NCS). This will enhance Norway's ability to meet Europe's growing energy Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in Norway, featuring details of key growth drivers. Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline. Listings of major projects, in addition to details of leading contractors and consultants Reasons to Buy Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies Assess market growth potential at a micro-level with over 600 time-series data forecasts Understand the latest industry and market trends Formulate and validate business strategies using the analyst's critical and actionable insight Assess business risks, including cost, regulatory and competitive pressures Evaluate competitive risk and success factors Key Topics Covered: 1 Executive Summary2 Construction Industry: At-a-Glance3 Context3.1 Economic Performance3.2 Political Environment and Policy3.3 Demographics3.4 Risk Profile4 Construction Outlook4.1 All Construction Outlook Latest news and developments Construction Projects Momentum Index 4.2 Commercial Construction Outlook Project analytics Latest news and developments 4.3 Industrial Construction Outlook Project analytics Latest news and developments 4.4 Infrastructure Construction Outlook Project analytics Latest news and developments 4.5 Energy and Utilities Construction Outlook Project analytics Latest news and developments 4.6 Institutional Construction Outlook Project analytics Latest news and developments 4.7 Residential Construction Outlook Project analytics Latest news and developments 5 Key Industry Participants5.1 Contractors5.2 Consultants6 Construction Market Data7 AppendixFor more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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