Global luxury inland river and ocean cruise company: Viking Holdings Inc. (VIK)

Viking Holdings, Inc. (NYSE: VIK) was founded in 1997 and headquartered in Pembroke, Bermuda (operation Headquartered in Switzerland Basel, with its marketing headquarters located in Los Angeles, California, USA, has 9500 full-time employees. It is a marine cruise, inland river cruise and adventure cruise company.

The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/vik.html

Viking Holdings Inc. (VIK)

Viking (formerly Viking Cruises) is a marine cruise and inland cruise company. It has three departments, namely Viking River Cruises, Viking Ocean Cruises and Viking Expeditions, providing services in North and South America, the Caribbean Sea, Antarctica, the Great Lakes, Europe, Russia, Egypt Inland river and ocean cruise services in China and Southeast Asia. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/vik.html

Viking Cruise Line is one of the world's leading tourism companies, and is considered to be the only cruise line that provides cruise experience on seven continents, with routes across five oceans, 21 rivers and 5 lakes. The company focuses mainly on destinations in Europe and the Mediterranean, rather than the Caribbean. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/vik.html

As of December 31, 2023, Viking has a fleet of 92 ships, including 81 inland ships, including 58 long ships, 10 smaller ships based on the design of long ships, 11 other river ships, as well as one charter river ship and the Viking Mississippi; 9 ocean liners; And 2 adventure cruise ships. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/vik.html

Viking is headquartered in Basel, Switzerland, and has branches and offices in Los Angeles, the United Kingdom, London, Sydney, Australia, Shanghai and Beijing, China. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/vik.html

Viking Holdings Inc. had revenues of $4.7 billion for the 12 months ended December 31, 2023. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/vik.html

Viking Holdings Inc. (VIK) Cruise Encyclopedia

Inland river cruise

Viking River Cruises provides river cruise services in Europe, Russia, China, Southeast Asia and Egypt, and plans to expand to the Mississippi River in 2022. Viking's European ships carry an average of 190 passengers; The average capacity of its Russian ships is slightly higher than 200 people, while the capacity of its Chinese ships is as high as 256 people. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/vik.html

In 2023, Viking ordered another ship from Neptun Werft. It is expected to be delivered in March 2025. Meyer Werft also ordered 9 ships, which will be delivered in 2025 and 2026. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/vik.html

Inland river fleet The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/vik.html

Ship name	Maiden voyage	Shipbuilder	Rated passenger
Viking Aegir	two thousand and twelve	Neptun Werft	one hundred and ninety
Viking Alruna	two thousand and sixteen	Neptun Werft	one hundred and ninety
Viking Alsvin	two thousand and fourteen	Neptun Werft	one hundred and ninety
Viking Astrild	two thousand and fifteen	Neptun Werft	ninety-eight
Viking Atla	two thousand and thirteen	Neptun Werft	one hundred and ninety
Viking Baldur	two thousand and thirteen	Neptun Werft	one hundred and ninety
Viking Bestla	two thousand and fourteen	Neptun Werft	one hundred and ninety
Viking Beyla	two thousand and fifteen	Neptun Werft	ninety-eight
Viking Bragi	two thousand and thirteen	Neptun Werft	one hundred and ninety
Viking Buri	two thousand and fourteen	Neptun Werft	one hundred and ninety
Viking Delling	two thousand and fourteen	Neptun Werft	one hundred and ninety
Viking Egil	two thousand and sixteen	Neptun Werft	one hundred and ninety
Viking Einar	two thousand and nineteen	Neptun Werft	one hundred and ninety
Viking Eir	two thousand and fifteen	Neptun Werft	one hundred and ninety
Viking Eistla	two thousand and fourteen	Neptun Werft	one hundred and ninety
Viking Embla	two thousand and twelve	Neptun Werft	one hundred and ninety
Viking Fjorgyn	two thousand and twenty	Neptun Werft	one hundred and sixty-eight
Viking Forseti	two thousand and thirteen	Neptun Werft	one hundred and ninety
Viking Freya	two thousand and twelve	Neptun Werft	one hundred and ninety
Viking Gefjon	two thousand and fifteen	Neptun Werft	one hundred and ninety
Viking Gersemi	two thousand and twenty	Neptun Werft	one hundred and ninety
Viking Gullveig	two thousand and fourteen	Neptun Werft	one hundred and ninety
Viking Heimdal	two thousand and fourteen	Neptun Werft	one hundred and ninety
Viking Helgrim	two thousand and nineteen	Neptun Werft	one hundred and six
Viking Hemming	two thousand and fourteen	Neptun Werft	one hundred and six
Viking Herja	two thousand and sixteen	Neptun Werft	one hundred and ninety
Viking Hermod	two thousand and fourteen	Neptun Werft	one hundred and ninety
Viking Hervor	two thousand and twenty	Neptun Werft	one hundred and ninety
Viking Hild	two thousand and sixteen	Neptun Werft	one hundred and ninety
Viking Hlin	two thousand and fourteen	Neptun Werft	one hundred and ninety
Viking Idi	two thousand and fourteen	Neptun Werft	one hundred and ninety
Viking Idun	two thousand and twelve	Neptun Werft	one hundred and ninety
Viking Ingvi	two thousand and fourteen	Neptun Werft	one hundred and ninety
Viking Jarl	two thousand and thirteen	Neptun Werft	one hundred and ninety
Viking Kadlin	two thousand and sixteen	Neptun Werft	one hundred and ninety
Viking Kara	two thousand and fourteen	Neptun Werft	one hundred and ninety
Viking Kari	two thousand and twenty	Neptun Werft	one hundred and sixty-eight
Viking Kvasir	two thousand and fourteen	Neptun Werft	one hundred and ninety
Viking Legend	two thousand and nine	Tanggeminde SET Shipbuilding and Development Company	one hundred and eighty-eight
Viking Lif	two thousand and fourteen	Neptun Werft	one hundred and ninety
Viking Lofn	two thousand and fifteen	Neptun Werft	one hundred and ninety
Viking Magni	two thousand and thirteen	Neptun Werft	one hundred and ninety
Viking Mani	two thousand and fifteen	Neptun Werft	one hundred and ninety
Viking Mimir	two thousand and fifteen	Neptun Werft	one hundred and ninety
Viking Mississippi	two thousand and twenty-two	Edison Chouest	three hundred and eighty-six
Viking Modi	two thousand and fifteen	Neptun Werft	one hundred and ninety
Viking Njord	two thousand and twelve	Neptun Werft	one hundred and ninety
Viking Odin	two thousand and twelve	Neptun Werft	one hundred and ninety
Viking Osfrid	two thousand and sixteen	Neptun Werft	one hundred and six
Viking Osiris	two thousand and twenty	Maasara Shipyard	eighty-two
Viking Prestige	two thousand and eleven	Neptun Werft	one hundred and eighty-eight
Viking Ra	two thousand and eighteen	Maasara Shipyard	fifty-two
Viking Radgrid	two thousand and twenty	Neptun Werft	one hundred and sixty-eight
Viking Rinda	two thousand and thirteen	Neptun Werft	one hundred and ninety
Viking Rolf	two thousand and sixteen	Neptun Werft	one hundred and ninety
Viking Sigrun	two thousand and nineteen	Neptun Werft	one hundred and ninety
Viking Sigyn	two thousand and nineteen	Neptun Werft	one hundred and ninety
Viking Skadi	two thousand and nineteen	Neptun Werft	one hundred and ninety
Viking Skaga	two thousand and twenty	Neptun Werft	one hundred and sixty-eight
Viking Skirnir	two thousand and fifteen	Neptun Werft	one hundred and ninety
Viking Tialfi	two thousand and sixteen	Neptun Werft	one hundred and ninety
Viking Tir	two thousand and nineteen	Neptun Werft	one hundred and ninety
Viking Tor	two thousand and thirteen	Neptun Werft	one hundred and ninety
Viking Torgil	two thousand and fourteen	Neptun Werft	one hundred and six
Viking Ullur	two thousand and nineteen	Neptun Werft	one hundred and ninety
Viking Vali	two thousand and nineteen	Neptun Werft	one hundred and ninety
Viking Var	two thousand and thirteen	Neptun Werft	one hundred and ninety
Viking Ve	two thousand and fifteen	Neptun Werft	one hundred and ninety
Viking Vidar	two thousand and fifteen	Neptun Werft	one hundred and ninety
Viking Vilhjalm	two thousand and thirteen	Neptun Werft	one hundred and ninety
Viking Vili	two thousand and fifteen	Neptun Werft	one hundred and ninety

Ocean cruises

Viking Ocean Cruises was established in 2013. The company started to operate the first cruise ship "Viking Star" in 2015, with routes covering Scandinavia, the British Isles, the Baltic Sea and the Mediterranean Sea. Viking Sea joined the fleet in 2016; Its third and fourth ships Viking Sky and Viking Sun joined in 2017. The first four ships of Viking Ocean Cruises are named after the first four ships of Royal Viking Line. Torstein Hagen, the founder of Viking Cruises, served as CEO from 1980 to 1985. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/vik.html

In June 2018, Viking Orion, the fifth Viking oceangoing vessel, joined the fleet. The size of Viking Star Cruises is only one third of many cruise ships built by major cruise companies, which enables Viking Star Cruises to enter smaller ports. Its total length is 745.4 feet (227.2 m); Its beam is 94.5 feet (28.8 m) long; The draft is 20.7 feet (6.3 m); The gross tonnage is 47800 gross tons.

During the period from 2017 to 2018, Viking Sun carried out the company's first round the world cruise ship, starting from Miami, sailing southward through the Panama Canal, planned to pass five continents, 35 countries and 64 ports, and finally ended its 141 day voyage in London. In May 2018, Viking Cruise Line announced its intention to launch a new package called "Ultimate World Cruise Line", claiming that this is the longest continuous world cruise line in history. Its most expensive package will travel on Viking Sun for 245 days and call at 59 countries and 113 ports.

Ocean fleet (in camp)

Ship name	Construction age	shipbuilding company	Number of rooms	Rated passenger
Viking Star	two thousand and fifteen	Fincantieri	four hundred and sixty-five	nine hundred and thirty
Viking Sea	two thousand and sixteen	Fincantieri	four hundred and sixty-five	nine hundred and thirty
Viking Sky	two thousand and seventeen	Fincantieri	four hundred and sixty-five	nine hundred and thirty
Viking Orion	two thousand and eighteen	Fincantieri	four hundred and sixty-five	nine hundred and thirty
Viking Jupiter	two thousand and nineteen	Fincantieri	four hundred and sixty-five	nine hundred and thirty
Viking Venus	two thousand and twenty-one	Fincantieri	four hundred and sixty-five	nine hundred and thirty
Viking Mars	two thousand and twenty-two	Fincantieri, Ancona	four hundred and sixty-five	nine hundred and thirty
Viking Neptune	two thousand and twenty-two	Fincantieri, Ancona	four hundred and sixty-five	nine hundred and thirty
Viking Saturn	two thousand and twenty-three	Fincantieri, Ancona	four hundred and sixty-five	nine hundred and thirty

Ocean fleet (under construction)

Ship name	Maiden voyage	Shipbuilder	Planned rooms	Planned passenger carrying
Large hydrogen fuel Battery Ocean going ships (from 2024)
Viking Vela	December 2024	Fincantieri	four hundred and ninety	nine hundred and ninety-eight
Viking Vesta	July 2025	Fincantieri	four hundred and ninety	nine hundred and ninety-eight
TBA	May 2026	Fincantieri	four hundred and ninety	TBD
TBA	May 2027	Fincantieri	four hundred and ninety	TBD
TBA	May 2028	Fincantieri	four hundred and ninety	TBD
TBA	November 2028	Fincantieri	four hundred and ninety	TBD
TBA	May 2029	Fincantieri	four hundred and ninety	TBD
TBA	November 2029	Fincantieri	four hundred and ninety	TBD
TBA	May 2030	Fincantieri	four hundred and ninety	TBD
TBA	November 2030	Fincantieri	four hundred and ninety	TBD

Adventure Cruise

In April 2018, Viking Cruises and VARD announced that Viking had signed a contract to order two "special" cruise ships from VARD, which were expected to be put into use in 2021 and 2022, and could choose to order two more. The contract is planned to be built in Romania and Norway, with an estimated value of about NOK 5 billion (about US $611 million). These ships are expected to be exploration ships.

In October 2019, it was reported for the first time that Viking Cruises planned to launch Viking Expeditions, the company's exploration department, at the beginning of 2020. The initial trip focused on the polar regions of the Arctic Circle and Antarctica. In January 2020, Viking officially announced the launch of Viking Expeditions. Adventure travel will be carried out on smaller ships, which are designed to cross smaller waterways, but also can cross the ocean to reach destinations such as the polar region and the Great Lakes of North America.

Viking Expedition started to operate its first ship (named Viking Octantis) in January 2022 and its second ship (named Viking Polaris) in August 2022. The company also cooperated with scientists from the National Oceanic and Atmospheric Administration (NOAA) to conduct research while exploring.

Expedition fleet

Ship name	Maiden voyage	Shipbuilder	Number of rooms	Passenger capacity
Viking Octantis	two thousand and twenty-two	VARD	one hundred and eighty-nine	three hundred and seventy-eight
Viking Polaris	two thousand and twenty-two	VARD	one hundred and eighty-nine	three hundred and seventy-eight

Viking Holdings Inc. (VIK) History Encyclopedia

The company was founded by Torstein Hagen in St. Petersburg, Russia, in 1997, and was then called Viking River Cruises. Hagen participated in the cruise business as an adviser to McKinsey in the 1973 oil crisis, helping Holland America Line tide over the difficulties, and then served as the CEO of Royal Viking Line from 1980 to 1984. He made money in the Russian private equity market, Then in the mid-1990s, he bought a controlling stake in a Dutch shipping company, but the latter went bankrupt, making him almost bankrupt. In 1997, Hagen helped some Russian oligarchs acquire a shipping company. In exchange, they sold him four inland cruise ships at a low price. These cruise ships became the founding fleet of Viking inland cruise ships.

In 2000, Viking Cruise Lines acquired KD River Cruises in Europe, bringing the total number of Viking Cruise Lines to 26, making it the largest inland cruise ship fleet in the world. The company has transformed the ship to target the elderly passengers. The lack of decoration such as gym and swimming pool, together with the standardization of the fleet, has also maximized the number of people the ship can accommodate, thus maximizing the profits of Vikings. In the same year, the company cooperated with sales agents in the United Kingdom and the United States, and opened its own sales office in California. The next year, it hired the first marketing company, focusing on English users over 55 years old, especially Americans. The company entered China through Yangtze River cruise ship in 2004. As of 2007, the company has operated 23 ships in Europe, Russia and China. In 2009, Viking began to use ships equipped with hybrid diesel electric engines. The company claimed that the fuel consumption of this engine was 20% less than that of traditional engines.

In 2011, the company planned a new growth stage, started to sponsor PBS's masterpiece theater, and planned to add 40 new "long ship" designed ships to its fleet within five years. The design of long ships maximizes passenger capacity by squaring the bow and rearranging the corridors. In 2013, it named 10 ships in one day; In 2014, it named 16 ships in two days and set a Guinness World Record. By 2013, the company had spent about $400 million on marketing through direct mail, television, Internet and trade marketing. In May 2013, the company changed its name from Viking River Cruises to Viking Cruises, and announced the launch of Viking Ocean Cruises, a small ocean shipping department.

In October 2017, Viking Cruise Line revealed that it was carrying out a project to develop the world's first cruise ship driven by liquid hydrogen. After the development is completed, the ship will have a length of about 230 m (750 feet) and can accommodate 900 passengers and 500 crew members. The ship will adopt similar design with the company's existing ocean going ships.

By 2018, the revenue of Viking Cruise Lines has reached US $3 billion, transporting 440000 passengers and employing more than 8000 employees every year. Viking Cruises first proposed the possibility of entering the North American inland cruise market in 2013, and announced that the company was committed to entering the North American inland cruise market in the same year. The company's goal may be to make its debut on the Mississippi River in 2021, and it is estimated that there will be 6 ships along the river by 2027. These ships were built and leased by Edison Chouest. They are designed to be five stories high and can accommodate about 400 passengers. Each ship costs 90 million to 100 million dollars. The cruise ship will sail between New Orleans and Memphis and between St. Louis and St. Paul.

In January 2020, the company shortened its name to Viking, because the brand attaches more importance to destination oriented enrichment and experience. In the same year, Viking also announced the launch of Viking Expeditions, which is scheduled to debut in January 2022. Viking Expeditions will become the brand's adventure department, operating small ship trips to foreign destinations. The company also announced that Viking Expeditions will make its debut in the Mississippi River in August 2022, thus finalizing the expansion plan of its inland river cruise business to the United States.

Viking Cruise Lines Viking Holdings Inc. (VIK) US equity investment

On April 5, 2024, Viking Holdings, a global luxury inland river and ocean cruise company, submitted to the Securities and Exchange Commission (SEC) on Friday IPO For application, it is proposed to raise up to 100 million US dollars through IPO (placeholder, we estimate that it may raise up to 500 million US dollars). The company plans to New York stock exchange Listed with the stock code of VIK. BofA Securities 、 J.P. Morgan 、 UBS Investment Bank 、 Wells Fargo Securities、 HSBC and Morgan Stanley Is the joint bookrunner of the transaction. Pricing terms are not disclosed.

On April 22, 2024, Viking Holdings announced that it planned to issue 44 million shares at a price of $21 to $25 to raise $1 billion. A new investor said that he would buy US $100 million worth of shares in this offering (10% of the transaction). According to the midpoint of the proposed range, Viking Holdings' fully diluted market value will reach US $10.2 billion.

On May 1, 2024, Viking Holdings issued 64 million shares at a price of $24, raising $1.5 billion. U.S.A bank Securities, JPMorgan Chase, UBS investment bank Wells Fargo Securities, HSBC and Morgan Stanley are the joint bookrunners of this transaction.

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