jobs in viking cruises

We use cookies to offer you the best possible website experience. Your cookie preferences will be stored in your browser’s local storage. This includes cookies necessary for the website's operation. Additionally, you can freely decide and change any time whether you accept cookies or choose to opt out of cookies to improve the website's performance, as well as cookies used to display content tailored to your interests. Your experience of the site and the services we are able to offer may be impacted if you do not accept all cookies.

Jobs at Viking Cruises

• Departments & Open Jobs
• Tips for Applying
• Grow with Viking
• Corporate Opportunities
• Ocean & Expedition Ships
• River Ships
• Mississippi Ship
• Our Offices
• Candidate Login

• Career Site Cookie Settings
• Personal Information

© Viking Cruises, 2023. All Rights Reserved.

Cookie Consent Manager

When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. Because we respect your right to privacy, you can choose not to allow some types of cookies. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.

Required Cookies

These cookies are required to use this website and can't be turned off.

Functional Cookies

These cookies provide a better customer experience on this site, such as by remembering your login details, optimising video performance or providing us with information about how our site is used. You may freely choose to accept or decline these cookies at any time. Note that certain functionalities that these third-parties make available may be impacted if you do not accept these cookies.

Advertising Cookies

These cookies serve ads that are relevant to your interests. You may freely choose to accept or decline these cookies at any time. Note that certain functionality that these third parties make available may be impacted if you do not accept these cookies.

Minimum requirements for applying

How to apply.

• Expeditions

Career Listings

Set Sail for Your Career with Viking Cruises

At Viking, we seek highly motivated individuals who strive to deliver their best. We offer rewarding career opportunities in our global corporate headquarters in Woodland Hills, California with positions in Accounting, Advertising, Marketing, Sales, Product Development and more.

Join Our Team

There are no positions available at this time. please check back with us shortly or contact us ..

We offer medical, dental, vision, life, and disability insurance at a highly subsidized rate

We offer paid vacation time, holidays, and sick leave for employees

Plan for retirement with our 401K with company matching funds

Public Transportation Reimbursement

If you take public transportation or participate in ride-sharing, we will reimburse a portion of the cost

Wellness Programs

We offer reduced-rate gym memberships to all employees

Employee Referral Program

Receive a cash referral bonus if we hire someone you refer and they stay on board

Travel Rewards

All employees have the opportunity to take a free and / or discounted Viking Cruise

Discounted Entertainment Perks

Discounted tickets for movies, amusement parks, restaurants and more

Sign up to receive updates from Viking

Stay current with special offers, news and destination-focused content.

Company Information

• Order a Brochure
• Travel Advisors
• Media Center
• Investor Relations
• Health & Safety Program
• Privacy Policy
• Cookie Policy
• Manage Cookies

Viking River Cruises

• Mississippi

Viking Ocean Cruises

• Scandinavia
• British Isles & Ireland
• North America
• Caribbean & Central America
• South America
• Mediterranean
• Quiet Season Mediterranean
• Australia & New Zealand
• World Cruises
• Grand Journeys

Ship’s Nurse Jobs

Welcome to the viking crew maritime job search portal ship’s nurse jobs..

Responsible for the management of the ship’s medical services and provision of nursing care.

Provides nursing care to passengers and crew on board ship during established clinic hours, and is on call at all times for emergent/urgent medical needs. Sees all passengers and crew who require or request a consultation. Provides nursing care to all patients admitted to Ship Infirmary.

Below you will see all of the latest nurse jobs in the maritime industry available via Viking Crew – The leading cruise, commercial and superyacht maritime crew services provider.

• 1st Engineer
• 2nd Electrician
• 2nd Engineer
• 2nd Officer
• 3rd Engineer
• 3rd Officer
• Assistant Maitre'D
• Assistant Purser
• Assistant Shop Manager
• Assistant Sommelier
• AV/IT Officer
• Chef De Partie
• Chef De Partie - Pastry
• Chief Purser
• Chief Steward/ess
• Crew Purser
• Deck / Stew
• Deckhand/Carpenter
• Deckhand/Medic
• Demi Chef de Partie
• Destination Manager
• Destinations Services Advisor
• Executive Chef
• Executive Sous Chef
• Food and Beverage Manager
• Future Cruise
• Hair Stylist
• Hairdresser
• Head Mixologist
• Head of Housekeeping
• Hotel Department
• Hotel Director
• Hotel Engineer
• Hotel Manager
• Housekeeping Steward/ess
• Laundry Steward/ess
• Lead Deckhand
• Lead Service Stewardess
• Lifestyle Concierge
• Nail Technician
• Placement Consultant
• Receptionist
• Service Steward/ess
• Service Utility
• Shop Assistant
• Shop Manager
• Shop Specialist
• Shore Ex Assistant
• Shore Ex Manager
• Shorebased Position
• Sole Engineer
• Spa Therapist
• Staff Chief Engineer
• Technical Communications Officer
• Wellbeing Coach

Specialist Skills

• Access Control
• Accountancy Software (Quickbooks)
• Accountancy Software (Sage)
• Accountancy Software (Zero)
• Accounting & Budgeting
• Acrylic Nails
• Acupuncture
• Administration
• Air Conditioning
• Allergies Cuisine
• American Cuisine
• American Service
• Aromatherapy
• Atkins Cuisine
• Azerbaijani
• Azimut Drive (360 Rotation)
• Bashkort (Bashkir)
• Beach Set Ups
• Boat Building
• Bow Thruster
• Bridge Publications
• Bridge Systems
• Brow Treatment
• Bss Sound Web
• Buffet Service
• Caribbean Cuisine
• Carpet Care
• casino dealer
• Chart Corrections
• Child Care (Nannying)
• Chinese Cuisine
• Chocolatier
• Cigar knowledge
• Cleaning & Detailing
• Cocktail Knowledge
• Cocktail Making
• Coffee Making
• Communication
• Computer Skills
• Crane Operation
• Customer Relationship Management Crm Software
• Data Administration
• Data Analysis & Storage
• Deep Tissue
• Diesel Electric
• Diesel Engines
• Dining Management Software
• Discjockey/Dj
• Drone Operations
• Eastern European Cuisine
• Electro Hydraulic Controls
• Engineering
• Entertainment Systems
• Event Management
• Eyelash Treatment
• Fibreglass Repairs
• Filing & Fairing
• Firewall/Security
• Fleet Management Software
• Fly Boarding
• Frb Driving
• French Cuisine
• French Service
• Fruit Carving
• Fuel Cell Systems
• Fusion Cuisine
• Galley Assistance
• Gas Fuel Or Tri Fuel
• Gas Turbine
• General Repairs & Maintenance
• Generators & Alternators
• German Cuisine
• Greek Cuisine
• Guest Reservations.
• Hair Extensions
• Hair Styling
• Haitian Creole
• Hammam Ritual
• Hawaiian Creole
• Healthy (Low Fat) Cuisine
• High Voltage
• Hospitality
• Hydraulic Systems
• Ice Carving
• IDEA knowledge
• Indian Cuisine
• Indian Head
• Indonesian (Bahasa Indonesia)
• Inflatables
• Installation/Configuration
• Interval Training
• Inuit/Inupiaq
• Irish Gaelic
• Ism/Isps Procedures
• It/Customer Support
• Italian Cuisine
• Itinerary Planning
• Japanese Cuisine
• Kaleidescape
• Kite Surfing
• Knots Knowledge
• Kosher Cuisine
• Laundry & Housekeeping
• Lighting Systems
• Line Handling
• make up artist
• Malay (Bahasa Melayu)
• Mandarin (Chinese)
• Martial Arts
• Massage Techniques
• Mediterranean
• Mexican Cuisine
• Microsoft Excel
• Microsoft Outlook
• Microsoft Powerpoint
• Microsoft Word
• Mid Eastern Cuisine
• Molecular Cuisine
• Mooring Operations
• Nail Construction
• Nail Painting
• Napkin Folding
• Nas Systems
• Network Support
• New Build Experience
• Nouvelle Cuisine
• Nutritian & Diet Plans
• Outboard Engines
• Pacific Rim Cuisine
• Paddle Boarding
• Personal Trainer
• Pescaterian
• Photography
• Planned Maintenance Systems
• Plated Service
• Provisioning
• Radio Systems
• Refit Experience
• Reflexology
• Refrigeration
• Russian Service
• Sail Repairs
• Sandblasting
• Satelite Communications Systems
• Search Engine Optimisation (Seo)
• Shellac Nails
• Shipboard Property Management Software
• Silver Service
• Simulator Instructor
• Single Screw
• Single Screw (With Kort Nozzle)
• Software Devlopment & Engineering
• Spanish Cuisine
• Spear Fishing
• Stand Up Jet Ski
• Steam Turbine
• Steering Gear
• Table Service & Settings
• Tea Service
• Teak Maintenance
• Teak Repair
• Technical Drawings
• Television/Tv
• Tender Driving
• Tender Operations
• Touch Panels
• Troubleshooting
• Twin Screw (With Kort Nozzle)
• Underwater Videography
• Vegetarian Cuisine
• Video On Demand
• Videography
• Visa Knowledge
• Wake Boarding
• Wake Surfing
• Wardrobe Management
• Watchkeeping
• Water Jet Propulsion (Inc Jet Skis)
• Water Makers
• Water Treatment
• Waterskiing
• Watersports
• Web Devlopment
• Windlass & Winch Systems
• Window Treatment
• Wine Knowledge
• Wraps Srubs
• Health & Beauty
• Mediterranean / Caribbean
• Middle East
• Netherlands
• Northern Europe
• South of France

Chief Purser is needed to join a well-known cruise line!

The successful candidate will be responsible for the financial accounting and cash management processes on board the ship, as well as ensuring the smooth embarkation and disembarkation of passengers....

Share This Job

Stewardess required for small passenger vessel cruising around the uk.

We are looking for one Stewardess to join a small luxury passenger ship. Position to start in ASAP Applicants will ideally have previous cruise ship background or have worked in luxury hote...

Captain required for 35m S/Y

Viking Crew require a Captain for a 35m Sailing Yacht  Start date: June Candidates must have:  STCW Basic Training  ENG1 Master 200gt  Captain experience on similar sized ve...

2nd Officer 80M + Private Motor Yacht

Viking Crew are looking for a 2nd officer to join a 85M private motor yacht. Female only due to cabin arrangements. Background in either cruise or large motor yachts a must. OOW 3000G...

3rd Officer required for 100m+ Private Yacht

Viking Crew require a temporary 3rd Officer for a Private Yacht based in the Mediterranean  Start Date: Mid May to Mid September Candidates must have:  STCW Basic Training  ENG...

Sous Chef needed for 70M private vessel

Viking Crew  is looking for a Sous Chef for a 70M private vessel, based in the UAE. Candidates should have a strong land based background in high end establishments with some onboard experie...

Deckhand/Carpenter required for 100m+ Private Yacht

We require a Deckhand/Carpenter for a 100m+ Motor Yacht based in the Mediterranean  Start Date: ASAP  Candidates must have: STCW Basic Training  ENG1  Carpentry experience C...

Housekeeper & Maintenance couple needed for Private Household

Housekeeper and Maintenance couple needed for Private Household. Location: Zurich (Switzerland) & South of France Duties for Housekeeper: general housekeeping in the property, laundr...

Experienced Chief Stewardess 35m private motor yacht

Viking Crew are looking for a Chief Stewardess to join a 35m private motor yacht . Based in the middle East Shore side accommodation and transport also provided  Start date 15th May�...

ETO required for 60m+ Support Vessel

Viking Crew require an ETO for a 60m+ Support Vessel based in the Middle East. Start Date: May Candidates must have: STCW Basic Training  ENG1 ETO CoC  2 years maritime experi...

Sign Up For News & Updates

• Terms & Conditions " required=""> I agree to your Terms & Conditions *

• Industry Updates
• General Boating News
• Something Else
• I am happy to receive email updates from Viking Crew
• I agree to your Terms & Conditions

Ready To Apply?

Apply with 1 click with your viking crew account..

Don't have one? Click below to register and complete your profile

Email Address

Remember Me

Register With Viking

Search saved.

Manage your search preferences in your user profile

Thankyou for your message.

We aim to respond to all queries within 24 hours. Still looking for the perfect job? Start a search now

Thank you for signing up, keep an eye on your inbox. Ready to start your job search?

• Our Clients
• Our Offices
• Associations & Accreditations
• Crew Your New Build Yacht Projects
• Yacht Services Overview
• Funding and Grants
• Maritime Labour Convention (MLC)
• Green Crew Pathway
• Mental Health & Wellbeing
• Women in Maritime
• MCA Wellbeing at Sea Tool
• Newsletters

• Michigan News
• National News
• International News
• Local Sports
• Michigan Sports
• National Sports
• Editorials and columns
• Letters to the Editor
• Engagements
• Anniversaries
• Coronavirus
• Classifieds
• Garage Sales
• Submit News
• Statement of Values
• Terms of Service
• Browse Notices
• Place Notice

• Today's Paper

Subscribe Today

Photo: viking cruise visitors explore.

News Photo by Steve Schulwitz A group of passengers from the Viking Cruise ship that made a stop in Alpena on Monday, learns more about the canon outside city hall. The passengers didn’t let the rain and cold spoil their day Downtown.

Today's breaking news and more in your inbox

• Daily Newsletter
• Breaking News

Alpena to see new boating excursions, more downtown visitors soon

Police blotter: alcona county deputies handle 102 complaints.

Recent actions by law enforcement agencies in Northeast Michigan. This has been only lightly edited. ALCONA ...

Elowski case goes to trial

COMMUNITY CALENDAR OF EVENTS

PHOTO: Mystics softball team is co-champs

Starting at $2.99/week..

Cruise operator Viking targets $11 billion valuation as IPO market stays hot

Viking Holdings, the European cruise line operator, is seeking to raise more than $1 billion in a public offering next week that could become the second-biggest IPO of 2024.

Viking is scheduled to price on April 30 and trade the next day, a person familiar with the deal told Fortune . The Pembroke, Bermuda–based company plans to sell 44 million shares at $21 to $25 each, according to a regulatory filing dated April 22. Viking will be offering 11 million shares with the remainder coming from shareholders, according to a statement . BofA Securities and JPMorgan are lead underwriters on the deal, which could end up valuing Viking—slated to trade under VIK on the New York Stock Exchange—at almost $11 billion.

Torstein Hagen, Viking’s chairman and CEO, founded the company in 1997. It has a fleet of 92 vessels that travel to all seven continents, including special expeditions to Antarctica and to the Arctic North.

“Looking toward the future, we believe there are a number of opportunities for growing Viking,” Hagen wrote in a letter accompanying the filing. “We have 24 new ships on order, with options for 12 more. We have also started to enter new markets, such as China and elsewhere in Asia, where we see significant growth potential over the long term.”

Revenue for Viking rose 48% to $4.7 billion in 2023. The company was profitable in 2022 but posted $1.86 billion in losses last year, and it’s highly leveraged, reporting $5.4 billion in total debt as of Dec. 31.

“We have substantial indebtedness and we may not be able to generate sufficient cash to service all of our indebtedness or to obtain additional financing if necessary,” Viking said in the regulatory filing.

The company is also backed by private equity. Canada Pension Plan Investment Board and TPG likely will each have nearly 5% of the firm’s voting power after the IPO.

The IPO market is bouncing back. Last week, Ibotta rose 17% during its first day of trading after pricing at $88. Rubrik, a Microsoft-backed cloud data security provider, is scheduled to list shares on Thursday and could raise as much as $713 million . Also on Thursday, Marex Group, a U.K.-based financial services platform, is expected to trade, according to IPOScoop.com.

The year’s biggest IPO still belongs to Amer Sport, the maker of Wilson tennis racquets, which raised $1.37 billion in February, according to data from Dealogic. Viking, if it prices at the top of its range, could raise as much as $1.1 billion.

Latest in Finance

• 0 minutes ago

Few companies have ever relied on 2 CEOs. Why does Paramount now need 3?

How United Airlines’ CIO regained customer and employee trust in its tech

Apple’s promised AI plan is ‘all that matters’, analysts say, as it tries to play catch up with Big Tech rivals

Aston Martin’s first quarter earnings drop 34% as it awaits fourth CEO in four years

Novo Nordisk’s market value of $570 billion is now bigger than the entire Danish economy—creating a ‘Nokia risk’ for Denmark

Geely-backed Polestar pushes back results for second time in a year, as the Swedish carmaker battles accounting errors

Most popular.

Gen Z job seeker refused to do 90-minute task because it ‘looked like a lot of work’—now the CEO who complained about it is being slammed

Elon Musk publicly dumped California for Texas—now Golden State customers are getting revenge, dumping Tesla in droves

The 5 best supplements for healthy aging, according to a longevity expert

Elon Musk reportedly sacked Tesla’s entire Supercharger team, including his top female manager

Elon Musk says any company that isn’t spending $10 billion on AI this year like Tesla won’t be able to compete

Climbing stairs could help you live longer—and experts say it only takes a few flights a day

We've detected unusual activity from your computer network

To continue, please click the box below to let us know you're not a robot.

Why did this happen?

Please make sure your browser supports JavaScript and cookies and that you are not blocking them from loading. For more information you can review our Terms of Service and Cookie Policy .

For inquiries related to this message please contact our support team and provide the reference ID below.

• Expeditions
• Complimentary Brochures

Welcome to My Viking Journey®

Designed exclusively for you to prepare for your upcoming voyage, customize your travel experience, and manage your bookings. Sign in or create your account and get started today.

Manage Your Booking

The countdown to your departure has begun. You can complete your Guest Information Form, make payments, confirm cruise preferences, print your travel documents, book shore excursions and make dining reservations and spa appointments.

Review & Manage Flights

Use My Viking Journey to fully customize your flight itinerary, including seat assignments, flight upgrades, or change your dates of travel and preferred airports. You can also add a stopover before or after your cruise and add flight preferences.

Explore Life On Board

Enjoy a virtual tour of your ship by exploring each deck, including the spacious public areas and your stateroom. Learn about our onboard amenities, dining venues, cultural enrichment programs and more.

Included Benefits

Complete your guest information form.

Once you have made your booking, you can complete your Guest Information Form. This is a first step to finalize travel documents and airline reservations.

Make & Schedule Payments

Schedule and make online payments using ACH or credit card. It is safe, secure and fast.

Browse & Book Shore Excursions

One complimentary excursion is included in every port of call. These thoughtfully curated experiences provide insights into local culture, history and attractions.

Access & Print Important Documents

My Viking Journey gives you access to important documents, such as your Passenger Ticker Contract, visa requirments and packing tips.

Find answers to questions you may have about your upcoming journey, including travel documents, life on board your ship, foreign currency and more.

Sign in or Create Your Account

You can rest assured that Viking is with you for every step of your journey—from the time you begin making travel plans until you return home. Creating an account in My Viking Journey is quick and easy—get started today.

Sign up to receive updates from Viking

Stay current with special offers, news and destination-focused content.

Company Information

• Order a Brochure
• Special Offers
• Sweepstakes
• Travel Advisors
• Media Center
• Investor Relations
• Health & Safety Program
• Privacy Policy
• Cookie Policy
• Manage Cookies

Viking River Cruises

• Mississippi

Viking Ocean Cruises

• Scandinavia
• British Isles & Ireland
• North America
• Caribbean & Central America
• South America
• Mediterranean
• Quiet Season Mediterranean
• Australia & New Zealand
• World Cruises
• Grand Journeys

Viking Expeditions

• Great Lakes
• Longitudinal World Cruises

5-Day River Sale

• Free Silver Spirits Beverage Package on select 2025 & 2026 river voyages
• Use offer code SW4

• CruiseMapper
• Cruise Ports
• Russia Rivers Cruise Ports

Moscow (Russia)

Cruise port schedule, live map, terminals, news.

Region Russia Rivers

Local Time 2024-05-01 17:08

Moscow is a Volga River cruise port, Russia's capital and largest city (population over 12,2 million, metro 17 million). Moscow City covers a total area of approx 2610 km 2 (970 mi2). By population, the city is ranked the world's 14th largest. Moscow is one of the Russian Federation's all 3 federal cities - together with St Petersburg and Sevastopol .

Being Russian Federation's capital, Moscow is a major economic, political, scientific and cultural center, as well as Europe's biggest city.

According to Forbes 2013, Moscow has been ranked as the 9th most expensive city in the world by Mercer and has one of the largest urban economies, being ranked as an alpha global city according to Globalization and World Cities Research Network. It is also one of the fastest-growing tourist destinations in the world according to MasterCard Global Destination Cities Index. Moscow is the northernmost and the coldest megacity and metropolis on the Earth. It's home to Ostankino Tower, the tallest free-standing European structure; the Federation Tower, the tallest European skyscraper; and the Moscow International Business Center. 

Moscow is situated on Moskva River in the Central Federal District of European Russia, which makes it the most populated inland city in the world. Moscow city is well known for architecture, particularly its historic buildings like Saint Basil's Cathedral. With over 40% of its territory covered by greenery, it's one of the greenest capitals and major cities in Europe and the world. Moscow is the seat of power of the Russian Government, being the site of Moscow Kremlin, a medieval city-fortress that is now the residence of the President of Russia. Moscow Kremlin and Red Square are among the several World Heritage Sites in the city. 

Moscow has 2 passenger terminals, North River Terminal (Rechnoy vokzal) and South River Terminal. The regular ship routes and cruises along Moskva and Oka rivers are used mostly for entertainment. North River Terminal (1937-built) is currently the main hub for long-range routes along the river. There are 3 freight ports that serve Moscow.

In late-July 2021 the city announced plans to incorporate a fleet (unspecified number) of fully electric passenger ferries into its public transportation network from summer 2022, the goal being to reduce the dependence on cars.

• The boats are designed with length ~22 m (72 ft), passenger capacity 42, modern amenities (Wi-Fi, USB charging points, tables for working commuters), spaces for storing scooters and bicycles.
• Moscow Transport confirmed that two routes (with max daily capacity ~16,000 passengers) have already been mapped out.
• Passengers will be able to pay via bank cards, the city’s Troika card (smart card for travel by any public transportation) or biometric payment cards. Those with monthly/yearly public transit tickets will use the boats at no extra cost.
• The new electric ferry service is up to 5 times faster (in comparison to other city public transports) and ~2 times faster than by car.

Moscow cruise terminal

Moscow's cruise terminal is called North River Terminal or River Station  ("Rechnoy Vokzal" / "речной вокзал").

The terminal was opened in 1937 and is one of 2 passenger terminals (the other being South River Terminal) of the city's river transport. North River Terminal is the main hub for long-range (including cruise) shipping routes. 

South River Terminal (above photo) was opened in 1985.

Moscow launches electric ferry service in 2022

Russia's capital city Moscow plans to incorporate a fleet of fully electric passenger ferries into its public transport network from summer 2022...

Vodohod’s first Project PV300 river ship departs on maiden cruise

Project PV300 built by United Shipbuilding Corporation's Krasnoye Sormovo Shipyard (Sormovsky-Nizhny Novgorod, Russia) and recently delivered to...

Emerald Waterways opens bookings for 2021 Russian River Cruises

The premium brand Emerald Waterways opened bookings for its 2021 Russian river cruise season. Voyages will feature a newly chartered...

Vodohod’s Mustay Karim cruise ship to be delivered by July 10

Russia's largest cruise company and tour agency Vodohod expects its newbuild cruise ship MS Mustai Karim (currently under construction at Nizhny...

2018 FIFA World Cup Games to Be Shown Aboard Princess Cruises Ships

Princess Cruises passengers sailing all over the world will spectate and cheer on their favourite teams during the single largest tournament of the...

•   show more news

Moscow - user reviews and comments

• Today's news
• Reviews and deals
• Climate change
• 2024 election
• Fall allergies
• Health news
• Mental health
• Sexual health
• Family health
• So mini ways
• Unapologetically
• Buying guides

Entertainment

• How to Watch
• My Portfolio
• Latest News
• Stock Market
• Premium News
• Biden Economy
• EV Deep Dive
• Stocks: Most Actives
• Stocks: Gainers
• Stocks: Losers
• Trending Tickers
• World Indices
• US Treasury Bonds
• Top Mutual Funds
• Highest Open Interest
• Highest Implied Volatility
• Stock Comparison
• Advanced Charts
• Currency Converter
• Basic Materials
• Communication Services
• Consumer Cyclical
• Consumer Defensive
• Financial Services
• Industrials
• Real Estate
• Mutual Funds
• Credit cards
• Balance Transfer Cards
• Cash-back Cards
• Rewards Cards
• Travel Cards
• Personal Loans
• Student Loans
• Car Insurance
• Morning Brief
• Market Domination
• Market Domination Overtime
• Opening Bid
• Stocks in Translation
• Lead This Way
• Good Buy or Goodbye?
• Fantasy football
• Pro Pick 'Em
• College Pick 'Em
• Fantasy baseball
• Fantasy hockey
• Fantasy basketball
• Download the app
• Daily fantasy
• Scores and schedules
• GameChannel
• World Baseball Classic
• Premier League
• CONCACAF League
• Champions League
• Motorsports
• Horse racing
• Newsletters

New on Yahoo

• Privacy Dashboard

Yahoo Finance

Kid-free cruises create $5 billion fortune for viking’s ceo.

(Bloomberg) -- Torstein Hagen founded his cruise line with a few simple principles in mind. Among them: focus on the wealthy and intellectually curious; no nickel-and-diming; and no kids.

Most Read from Bloomberg

Tesla Axes Supercharger Team in Blow to Broader EV Market

NYC Police Break Up Columbia Protest and Clashes Erupt at UCLA

Lilly Soars as Forecast Boost Shows Weight-Loss Drugs’ Power

Pot Stocks Surge on Report DEA Set to Reclassify Marijuana

Amazon Posts Biggest Cloud Sales Growth in Year on AI Demand

Almost three decades on, his Viking Holdings Ltd. is among the world’s biggest luxury cruise operators, and Hagen’s fortune will surpass $5 billion as the company completes its initial public offering in New York.

Viking raised $1.54 billion from the oversubscribed share sale, showing that investors are willing to pour money into a sector that was decimated by the Covid pandemic and now is rebounding.

The shares priced near the top of the marketed range, according to a regulatory filing, valuing the company at around $10.4 billion. Hagen controls roughly half of the shares, making him the second-richest person in the industry after Carnival Corp. Chairman Micky Arison, according to the Bloomberg Billionaires Index.

The listing also marks the pinnacle of an endeavor that, in Hagen’s words, began with “two guys with two mobile phones and four river ships” seeking to woo customers who sought “more than just a vacation.” As the 81-year-old chief executive officer has often told journalists: Viking cruises are for the thinking person, not the drinking person.

Viking representatives didn’t respond to requests for comment on Bloomberg’s calculation of Hagen’s fortune.

Physics Degree

Born near Oslo, Hagen earned a degree in physics from the Norwegian Institute of Technology and an MBA from Harvard University. After a stint in management consulting, he entered the cruise industry in the 1970s. Around two decades later, following multiple failed attempts to help buy or otherwise take control over cruise lines with different investor groups, Hagen led the purchase of the four river ships and formed Viking.

The company initially focused on cruises along rivers up and down Europe before expanding into ocean travel and special expeditions to places like Antarctica and the US Great Lakes. Based in Bermuda, Viking today operates 92 vessels and employs more than 10,000 people.

Its target customers: affluent English speakers aged 55 or older, with time and money to explore the world. Last year, 90% of its clients came from North America, according to the company’s registration statement. In the US, the 55-plus cohort holds around three-quarters of the country’s household wealth, Federal Reserve data show.

In recent years, Viking has sold stakes to the Canada Pension Plan Investment Board and alternative-asset manager TPG Inc. Both offloaded more shares in the offering than initially anticipated, according to a filing.

Read More: TPG, CPPIB Are Said to Weigh Offering More Shares in Viking IPO

Hagen didn’t sell stock. His daughter, Karine, who has been working for Viking since it was founded and is now executive vice president, will control a small stake of less than 1%.

Viking said proceeds from the offering will be used to “increase our capitalization and financial flexibility” given its “substantial indebtedness.” It had $5.4 billion of debt at the end of 2023.

In a letter to shareholders included in the registration statement, Hagen noted the company sees big growth potential among consumers in China and elsewhere around Asia. That would go beyond “China Outbound,” the cruise offering in Europe with full crews of Mandarin speakers that Viking launched in 2016. The firm is also exploring safaris and land tours.

“We view Viking as the premier provider of travel experiences for thinking people,” the billionaire wrote in the letter. “We do not try to be all things to all people.”

(Updates with share sale details in 10th paragraph.)

Most Read from Bloomberg Businessweek

Modi Is $20 Trillion Short on His Grand Plan for India’s Economy

Will GM Regret Kicking Apple CarPlay off the Dashboard?

Tesla Strike Has US Unions Taking Notes

AI Is Helping Automate One of the World’s Most Gruesome Jobs

How the TikTok Law Could Intensify the US-China Tech Spat

©2024 Bloomberg L.P.

Recommended Stories

Australia's qantas probing reports of data breach at loyalty app.

Multiple local media outlets, citing Qantas customers, are reporting that some users can see strangers' full travel information, with at least one user being able to cancel someone else's tickets. "We're urgently working to resolve the issue impacting the Qantas app this morning," the carrier said in a statement on its website. Qantas did not provide any further information about the issue in its statement.

Australia banks face profit squeeze on rising costs, mortgage competition

Australia's biggest banks are likely to report weaker first-half profit as high operating costs and competition to sell mortgages and deposits squeeze margins, setting up a possible reversal of a stock rally that analysts said has left the sector overheated. Traditionally beneficiaries of rising interest rates, the country's so-called Big Four lenders have instead spent the past year sacrificing margins to write new home loans and paying more to depositors, narrowing their closely watched "net interest margin" and putting downward pressure on profit, analysts said.

Sam Altman and the failure that ultimately led to ChatGPT

You may know Sam Altman for his role spearheading OpenAI, the parent company of ChatGPT, but did you know about the failure that launched his career?

Goldman Sachs revamps "high-quality" stock picks list

Here are its favorite quality stocks.

Miami Housing Market Doubles Down: Prices Soar 100% In Four Years

Miami's housing market has been on a tear, with prices doubling since 2018. The rapid rise is part of a larger trend across the country, but it's been particularly pronounced in Florida. Experts point to investor interest and urban development projects as some of the reasons behind Miami's booming housing market. Other markets where home prices have doubled since 2018 include Tampa, Florida; Baltimore, Maryland; and Spokane, Washington. While the surge in prices has been a boon to some, it's mad

Key Insurer Says Russia Oil Price Cap Increasingly Unenforceable

(Bloomberg) -- A Group of Seven-imposed cap on the price of Russia oil is becoming increasingly unenforceable, an organization at the heart of the global insurance industry said, offering one of the most direct criticisms yet of measures that were meant to deprive the Kremlin of petrodollars.Most Read from BloombergTesla Soars on Tentative China Approval for Driving SystemStocks Trade for 390 Minutes a Day. Increasingly, Only 10 MatterYen Sparks Intervention Suspicion After U-Turn From 1990 Lows

Travel firm Viking seeks to raise about $1.33 bln in upsized US IPO

• Medium Text

Sign up here.

Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by Savio D'Souza and Shinjini Ganguli

Our Standards: The Thomson Reuters Trust Principles. New Tab , opens new tab

Business Chevron

Aircraft lessor DAE set to receive half promised Boeing planes this year

Aircraft lessor Dubai Aerospace Enterprise (DAE) Capital will likely receive around half the number of aircraft from Boeing this year than the planemaker had originally committed to deliver, DAE's chief executive said on Wednesday.