The company has raw materials agreements for four river vessels operating in Egypt, with expected delivery in 2026 and 2027. It entered into charter agreements in 2025 for two 80-berth river vessels traveling through India for the 2027–2035 and 2028–2036 seasons, including options to extend for three additional seasons. The ocean newbuilding program comprises multiple ships scheduled for delivery between 2026 and 2031, with contracts amended in November 2025 to accelerate delivery dates for some vessels. Financing for these ships includes loan agreements executed in 2021, 2022, and 2025, covering up to 80% of contract prices and 100% of Export Credit Agency premiums. SACE SpA, which manages the Italian Government's export credit guarantee scheme, provided insurance covering 100% of principal and interest for these loans. Additional shipbuilding contracts and options for ocean and expedition ships are subject to financing and other conditions. In 2024 and 2025, the company secured options for additional ocean ships with expected deliveries through 2034. The company also entered into a revolving credit facility agreement in 2024, amended in 2025, allowing borrowing up to $1.0 billion with maturity in 2030.
Viking Holdings Ltd's Comment on Supply Chain
The company has raw materials agreements for four river vessels operating in Egypt, with expected delivery in 2026 and 2027. It entered into charter agreements in 2025 for two 80-berth river vessels traveling through India for the 2027–2035 and 2028–2036 seasons, including options to extend for three additional seasons. The ocean newbuilding program comprises multiple ships scheduled for delivery between 2026 and 2031, with contracts amended in November 2025 to accelerate delivery dates for some vessels. Financing for these ships includes loan agreements executed in 2021, 2022, and 2025, covering up to 80% of contract prices and 100% of Export Credit Agency premiums. SACE SpA, which manages the Italian Government's export credit guarantee scheme, provided insurance covering 100% of principal and interest for these loans. Additional shipbuilding contracts and options for ocean and expedition ships are subject to financing and other conditions. In 2024 and 2025, the company secured options for additional ocean ships with expected deliveries through 2034. The company also entered into a revolving credit facility agreement in 2024, amended in 2025, allowing borrowing up to $1.0 billion with maturity in 2030.
Sources:
Viking Holdings Ltd's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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