Lindblad Expeditions Holdings, Inc. has announced the addition of two purpose-built Galápagos expedition vessels to join the Lindblad Expeditions-National Geographic fleet. The first vessel, a 48-guest configuration, features two unique dining venues and 24 outward-facing cabins, including 13 balcony suites. The second vessel, a 16-guest, eight-cabin catamaran, is designed for family vacations, affinity groups, and private charters.
The ships are set to sail in early 2025 following multi-million-dollar revitalizations, embodying the spirit of adventure and extreme comfort synonymous with Lindblad Expeditions-National Geographic. This expansion will double the size of the company's Galápagos fleet, with the addition of the 48-guest and 16-guest ships.
Lindblad Expeditions has been the global leader and pioneer of modern expedition cruising in the Galápagos since 1967. The company currently operates two ships in the region, the 96-guest National Geographic Endeavour II and the 48-guest former mega-yacht turned expedition vessel National Geographic Islander II, offering six immersive itineraries across more than 100 departures year-round.
This expansion represents a significant milestone for Lindblad Expeditions, as it continues to set the standards for sustainable tourism in the Galápagos and further its commitment to protecting, promoting, and preserving the region's precious species and habitats. The market has reacted to these announcements by moving the company's shares 3.9% to a price of $7.54. For the full picture, make sure to review Lindblad Expeditions's 8-K report.
