v3.26.1
Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2026
Disclosure of commitments and contingencies [abstract]  
Summary of Financing for Longship-Seine River Vessels and Longships The aggregate contract price of the river vessels on order listed in the table below was $769.4 million, based on the EUR to USD exchange rate as of March 31, 2026, which was 1.15.

 

River Vessels

Number of
Vessels

Expected Delivery

Longships

6

2026

Longship-Seine

1

2026

Longships

4

2027

Longship-Douro

1

2027

Longships

4

2028

Total

16

 

Summary of Options for Additional River Vessels , the Group secured the following options for additional river vessels:

 

River Vessels - Options

Number of
Vessels

Expected Delivery

Option Exercise Date

Longships

4

2029

September 2026

Longships

4

2030

September 2027

Longships

4

2031

September 2028

Longships

4

2032

September 2029

Summary of Financing for All Ships .

 

Ocean Ships

Expected Delivery

Viking Mira

2026

Viking Libra

2026

Viking Astrea

2027

Viking Lyra

2028

Ship XVII

2028

Ship XVIII

2029

Ship XIX

2029

Ship XX

2030

Summary of Shipbuilding Contracts for Ships

In 2025, the Group entered into shipbuilding contracts for the ships outlined below, subject to certain financing and other conditions. If the financing conditions are not met by May 29, 2026, these contracts can be terminated by the Group or the shipyard.

 

Ocean Ships

Expected Delivery

Ship XXI

2030

Ship XXII

2031

Summary of Options for Additional Ocean Ships the Group secured the following options for additional ocean ships:

 

Ocean Ships - Options

Expected Delivery

Option Exercise Date

Ship XXIII

2032

July 2026

Ship XXIV

2032

July 2026

Ship XXV

2033

July 2027

Ship XXVI

2033

July 2027

Ship XXVII

2034

December 2027

Ship XXVIII

2034

December 2027

Summary of Shipbuilding Contracts for Expedition Newbuilds

The Group entered into shipbuilding contracts for the ships outlined below subject to certain financing and other conditions. If the financing conditions are not met by September 30, 2026, these contracts can be terminated by the Group or the shipyard.

 

Expedition Ships

Expected Delivery

Expedition Ship III

2030

Expedition Ship IV

2031

Summary of Timing of Future Cash Payments of Lease Liabilities based on Contractual Undiscounted Cash Flows

The table below summarizes the timing of future cash payments of the Group’s lease liabilities based on contractual undiscounted cash flows as of March 31, 2026. The table below excludes amounts for executed lease agreements not yet commenced as of March 31, 2026, for underlying assets which the Group had not yet obtained the right to control the use.

 

 

March 31, 2026

 

(in USD and thousands)

 

 

3 months or less

$

8,045

 

4 to 12 months

 

35,501

 

1 to 5 years

 

141,265

 

Over 5 years

 

217,497

 

Total

$

402,308