Latest news with #VikingLibra
Forbes
01-05-2025
- Business
- Forbes
How This Luxury Cruise Line Is Leading The Way In Sustainable, Eco-Friendly Voyages
Viking Expedition Ship in Antarctica Given the havoc that mass travel can cause on the environment, Earth Month is the perfect time for travelers to consider the impact of where they go and how they get there. Historically, the cruising industry has faced scrutiny due to its carbon footprint, massive waste output and aquatic disruption. Fortunately, several cruise lines have modified their approach over the years by utilizing cutting-edge technology such as operating from battery power, revising their onboard disposable systems and transitioning to cleaner fuels. Viking Cruise Lines stands out as a leader in balancing luxury with genuine sustainability. As a frontrunner in the clean maritime travel sector, Viking has overhauled its entire fleet of ocean liners to have minimal environmental impact and expeditions that prioritize preservation. As of 2025, Viking has a fleet of over 90 ships, including larger luxury liners that accommodate 1,400 to 1,530 passengers and crew and smaller river vessels that can transport up to 638 passengers. Viking's commitment to sustainable sailing begins with the installation of advanced sewage treatment systems on all 15 ships, preventing waste or bilge water from being discharged into the sea. According to Friends of Earth, all water from the vessel's toilets, showers and sinks is pumped ashore to municipal wastewater treatment plants. Their liners also operate on energy-efficient hybrid engines, hydrodynamically optimized hulls and solar panels to maximize fuel efficiency. Viking also equipped 12 of their ships with shoreside power capabilities to reduce port emissions. Recently, Viking announced that in 2026, it would launch the Viking Libra, the world's first hydrogen-powered cruise ship capable of operating with zero emissions. In 2027, the brand will follow with a second hydrogen-powered ocean liner, the Viking Astrea. Viking is among the first to commit to hydrogen-powered vessels—a leap from industry standards. "From the outset, we have designed our river and ocean ships thoughtfully to reduce their fuel consumption and we are very proud the Viking Libra and the Viking Astrea will be even more environmentally friendly. Viking made the principled decision to invest in hydrogen which offers a true zero-emission solution. We look forward to welcoming the world's first hydrogen-powered cruise ship to our fleet in 2026.' Along with its bold steps in environmental stewardship, Viking's Expedition cruises allow travelers to have first-hand experience in their attempt to prioritize preservation. Launched in 2022, Viking Expedition ships the Viking Octantis and Viking Polaris are purpose-built state-of-the-art vessels that combine Scandinavian design, advanced technology and scientific discovery. Each ship holds 378 guests and over 250 crew members, providing a unique blended experience of luxury, comfort and cultural enrichment. Viking Expedition Ship—The Science Lab Viking's expedition cruises are curated for curious travelers who want to explore some of the world's most remote and remarkable regions. Expedition itineraries explore high-latitude and remote areas including Antarctica, the Arctic, the Great Lakes, Patagonia and beyond. Viking's experienced expedition team includes biologists, geologists, ornithologists and naturalists. The onboard specialists guide the landings and shore excursions including studying phytoplankton and native coral, implementing bird-strike reduction efforts and discovering new penguin colonies. Viking guests watching gentoo penguins during onshore excursions in Antarctica. Guests are encouraged to participate in designated science programs such as collecting water samples, launching weather balloons and viewing research conducted in onboard labs. They are also encouraged to attend daily debriefings and presentations of findings. Viking's investment in cleaner travel has led them to create partnerships with leading institutions such as the University of Cambridge, UC San Diego Scripps Institution of Oceanography and the National Oceanic and Atmospheric Administration (NOAA). Despite the integrated scientific aspect, Viking does not abandon their "luxury-first" approach on the expedition cruises. Guests will enjoy spacious staterooms featuring floor-to-ceiling views and ship amenities include world-class dining, a Scandinavian spa with a complimentary thermal suite and numerous lounges. In an industry where the environmental impact is often open to criticism, Viking is sailing past the competition when it comes to investing in conservation methods and environmental stewardship. Their impeccable eye for luxury, scientific collaborations and sustainable practices create an ideal environment for guests to experience both opulence and purpose. Aboard Viking Cruises, guests are more than observers; they have the opportunity to actively participate in preserving our planet, redefining what it means to travel responsibly by sea.
The Independent
15-04-2025
- Business
- The Independent
Viking's new hydrogen powered ship promises zero-emission cruises
Viking is set to launch the first cruise ship capable of sailing with zero emissions. The brand is working with shipyard Fincantieri in Ancona, Italy, to build the world's first hydrogen-powered cruise ship called Viking Libra. The ship, set for delivery in late 2026, will have a hybrid propulsion system that uses liquified hydrogen to power a PEM, or polymer electrolyte membrane fuel cell system. Viking and Fincantieri said this technology will produce up to six megawatts of power – enough to typically power smaller ships – and give it the capability to navigate with zero emissions, plus access to more environmentally sensitive areas. Viking Libra will have a gross tonnage of approximately 54,300. It will feature 499 cabins and space for 998 passengers, meaning it's classed as a small ship. The cruise line's next ocean ship, Viking Astrea, which is currently under construction and scheduled for delivery in 2027, will also be hydrogen-powered. Torstein Hagen, chief executive of Viking, said: 'From the outset, we have designed our river and ocean ships thoughtfully to reduce their fuel consumption, and we are very proud the Viking Libra and the Viking Astrea will be even more environmentally friendly. 'Viking made the principled decision to invest in hydrogen, which offers a true zero-emission solution. We look forward to welcoming the world's first hydrogen-powered cruise ship to our fleet in 2026.' Other cruise lines are also taking steps to make their ships more environmentally friendly. MSC Cruises' two newest ships, World Europa and World America, are powered by liquefied natural gas (LNG), a greener form of fuel. Havila Voyages ships are also powered by LNG but have battery packs that mean they can sail for four hours around Norway with zero emissions. Expedition cruise brand Hurtigruten is currently working on a zero-emission cruise ship to launch in 2030, which will be powered by a 60-megawatt battery pack. This will give it a range of 300–350 nautical miles per charge, and it would need to recharge seven or eight times during an 11-day round trip.
Yahoo
09-04-2025
- Business
- Yahoo
Why Viking Holdings Ltd. (VIK) Surged On Tuesday?
We recently published a list of . In this article, we are going to take a look at where Viking Holdings Ltd. (NYSE:VIK) stands against other stocks that lead rally amid market bloodbath. The stock market took a battering anew on Tuesday, with all major indices registering steep losses as investors continued to digest President Donald Trump's next tariff deadline that would slap China with a cumulative 104-percent tariff. The tech-heavy Nasdaq registered the heaviest fall, down by 2.15 percent, followed by the S&P 500's 1.57 percent decline, and the Dow Jones' 0.84-percent drop. Meanwhile, 10 companies—four of which were in the medical sector—bucked an overall market decline, booking modest gains during the session. In this article, we listed the 10 well-performing names of Tuesday and detailed the reasons behind their gains. To come up with the list, we considered only the stocks with $2 billion market capitalization and $5 million in trading volume. A luxury cruise ship in motion in the ocean, with passengers enjoying the view on the deck. Viking Holdings rallied by 4.01 percent on Tuesday to finish at $35.51 apiece as investor sentiment was buoyed by announcements that it would soon launch a new ship—the first to be powered by hydrogen stored onboard for both propulsion and onboard electricity generation. Called the Viking Libra, the vessel is now underway construction at the Fincantieri Ancona shipyard and is scheduled for delivery in late 2026. The Viking Libra will have a gross tonnage of approximately 54,300 tons and a length of 239 meters and will be able to accommodate up to 998 guests in 499 staterooms. The new ship marks a new state-of-the-art hydrogen propulsion system that, combined with advanced fuel cell technology, will be able to produce up to six megawatts of power, and will set a new benchmark for the industry's decarbonization efforts. Apart from Libra, Viking's subsequent ocean ship, the 'Viking Astrea,' which is also under construction and scheduled for delivery in 2027, will also be powered by hydrogen. Overall, VIK ranks 8th on our list of stocks that lead rally amid market bloodbath. While we acknowledge the potential of VIK as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than VIK but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
08-04-2025
- Business
- Yahoo
Viking and Fincantieri Announce World's First Hydrogen-Powered Cruise Ship and Two New Ship Orders
Debuting in 2026, the Viking Libra Will Be Capable of Operating with Zero Emissions; New Ship Orders Would Bring Viking's Ocean Fleet to 21 Ocean Ships by 2031 LOS ANGELES, April 08, 2025--(BUSINESS WIRE)--Viking® ( (NYSE: VIK) and Fincantieri today announced details of the Viking Libra, the world's first hydrogen-powered cruise ship, capable of operating with zero emissions. Already under construction at Fincantieri's Ancona shipyard, the Viking Libra is scheduled for delivery in late 2026. The Company's subsequent ocean ship, the Viking Astrea, which is also currently under construction and scheduled for delivery in 2027, will also be hydrogen powered. Classified as a small ship, as are all Viking ocean ships, the Viking Libra will have a gross tonnage of approximately 54,300 tons, with 499 staterooms that can host 998 guests. While the ship is considered a sister ship in Viking's award-winning ocean fleet, she will have a propulsion system based partially on liquefied hydrogen and fuel cells. This hybrid propulsion system will make her capable of navigating and operating with zero emissions, which would allow her to access even the most environmentally sensitive areas. Enabled by Isotta Fraschini Motori (IFM), Fincantieri's subsidiary specializing in advanced fuel cell technology, the ship's state-of-the-art propulsion system will be capable of producing up to six megawatts of power. "From the outset, we have designed our river and ocean ships thoughtfully to reduce their fuel consumption, and we are very proud the Viking Libra and the Viking Astrea will be even more environmentally friendly," said Torstein Hagen, Chairman and CEO of Viking. "Viking made the principled decision to invest in hydrogen, which offers a true zero-emission solution. We look forward to welcoming the world's first hydrogen-powered cruise ship to our fleet in 2026." "With the Viking Libra, we are not only delivering the world's first cruise ship powered by hydrogen stored on board, but we are also reinforcing our commitment to shaping the future of sustainable maritime transportation," said Pierroberto Folgiero, CEO and Managing Director of Fincantieri. "Furthermore, we are thrilled about Viking's decision to expand its fleet with the order of two additional ships, which reaffirms the strength of our partnership, and the trust placed in our expertise. This new order is a testament to our shared vision for a more sustainable cruise industry, as together we continue to set new standards for innovation and responsible shipbuilding." Viking remains focused on its well-defined long-term growth plans and committed to its strategy, continuing to be a global leader in experiential travel. As part of the Company's commitment to continue to grow capacity, Viking and Fincantieri also today announced that contracts have been signed for two additional ocean ships for delivery in 2031 and an option for two additional ocean ships for delivery in 2033. Based on the committed orderbook, the Company expects to take delivery of 26 additional river ships by 2028 and 11 additional ocean ships by 2031. With these orders, Viking will have 110 river ships in 2028 and 23 ocean and expedition ships in 2031. Media Assets For more information about Viking, or for images and b-roll, please contact vikingpr@ About Viking Viking (NYSE: VIK) was founded in 1997 and provides destination-focused journeys on rivers, oceans, and lakes around the world. Designed for curious travelers with interests in science, history, culture and cuisine, Chairman and CEO Torstein Hagen often says Viking offers experiences For The Thinking Person™. Viking has more than 450 awards to its name, including being rated #1 for Rivers, #1 for Oceans and #1 for Expeditions by Condé Nast Traveler in the 2023 and 2024 Readers' Choice Awards. Viking is also rated a "World's Best" for rivers, oceans and expeditions by Travel + Leisure. No other travel company has simultaneously received the same honors by both publications. For additional information, contact Viking at 1-800-2-VIKING (1-800-284-5464) or visit For Viking's award-winning enrichment channel, visit Cautionary Statement Concerning Forward-Looking Statements Certain statements in this press release constitute "forward-looking statements" within the meaning of the U.S. federal securities laws intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, all statements other than statements of historical facts contained in this press release, including among others, statements relating to our business prospects and strategy, our expected fleet additions and other similar matters. In some cases, we have identified forward-looking statements in this press release by using words such as "anticipates," "estimates," "expects," "intends," "plans" and "believes," and similar expressions or future or conditional verbs such as "will," "should," "would," "may" and "could." These forward-looking statements are based on management's current expectations and assumptions about future events, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict or which are beyond our control. You should not place undue reliance on the forward-looking statements included in this press release or that may be made elsewhere from time to time by us, or on our behalf. Our actual results may differ materially from those expressed in, or implied by, the forward-looking statements included in this press release as a result of various factors, which are described in our filings with the U.S. Securities and Exchange Commission. Forward-looking statements speak only as of the date of this press release. Except as required by law, we assume no obligation to update or revise these forward-looking statements for any reason, even if new information becomes available in the future. All forward-looking statements attributable to us are expressly qualified by these cautionary statements. View source version on Contacts Email: vikingpr@
