Norwegian Cruise Line (NCL) announced today that the company’s current fuel supplement will no longer apply to bookings made on or after November 10, 2008 for sailings that depart on or after January 1, 2010.
For guests booked prior to November 10, 2008 for sailings that depart on or after January 1, 2010, the company has established the following guidelines for the refund of fuel supplements paid:
- The criteria for refund will be determined on a quarterly basis. Should the closing price on the NYMEX (New York Mercantile Exchange) of West Texas Intermediate fuel be below $65 per barrel two weeks prior to the beginning of the calendar quarter (dates specified below), the company will refund fuel supplements paid in the form of an on-board credit.
For guests booked on sailings that depart in 2009 (on or after January 1, 2009 and that depart on or before December 31, 2009), regardless of booking date, the company has established the following guidelines for the refund of fuel supplements paid:
- The criteria for refund will be determined on a quarterly basis. Should the closing price on the NYMEX (New York Mercantile Exchange) of West Texas Intermediate fuel be below $65 per barrel two weeks prior to the beginning of the calendar quarter (dates specified below), the company will refund fuel supplements paid in the form of an on-board credit.
The dates on which the price of West Texas Intermediate fuel will be measured and the quarters during which refunds could apply are:
| Fuel Price Determination Date | Quarter of Possible Fuel Supplement Refunds | |
| December 18, 2008 | First Quarter 2009 | |
| March 18, 2009 | Second Quarter 2009 | |
| June 17, 2009 | Third Quarter 2009 | |
| September 17, 2009 | Fourth Quarter 2009 | |
| December 18, 2009 | First Quarter 2010 | |
| March 18, 2010 | Second Quarter 2010 | |
| June 17, 2010 | Third Quarter 2010 | |
| September 17, 2010 | Fourth Quarter 2010 | |
| December 17, 2010 | First Quarter 2011 |
Determination of what quarter a sailing is in will be based solely on the sailing date. The entire cruise will be considered to be part of the quarter that the sailing date originates in.
These new fuel supplement policies apply to guests booked through all NCL offices around the world.
The company is implementing these changes in response to the recent decrease in global fuel prices. NCL will continue to closely monitor global fuel prices to assess whether a reinstatement of the fuel supplement will be necessary.
One Response to “NCL Eliminating Fuel Supplements”
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November 1st, 2008 at 12:29 pm
I am sailing the Jade out of Spain on april 9th, 2009. Can you please explain in layman’s terms what the possible refund will be and when will I know if I am to receive this refund. Thank you.