Norwegian Cruise Line Corporation Ltd. (
Norwegian), a wholly owned subsidiary of Norwegian Cruise Line Holdings Ltd., is an American company operating
cruise ships, headquartered in
unincorporated Miami-Dade County, Florida. It began operations in 1966 under the name
Norwegian Caribbean Line. The company is best known for its Freestyle Cruising concept, which means that there are no set times or seating arrangements for meals, nor is formal attire required. Norwegian is a publicly traded company with 44.1% publicly listed on NASDAQ, with major shareholders including
Genting Group (28.0%),
Apollo Global Management (20.0%), and
TPG Capital (7.9%) . Norwegian Cruise Line controls approximately 8% of the total worldwide share of the cruise market.