Viking Hails New Ship, Stocks Flat

Viking (NYSE: VIK) shares were fairly static Friday, on the delivery of its newest river ship, the Viking Gyda, which will sail exclusively on Portugal’s Douro River. The delivery ceremony for the Viking Gyda took place at the West Sea shipyard in Viana do Castello, Portugal.
“With its rich history, culture and winemaking traditions, Portugal continues to be a very appealing destination for our guests,” said CEO Torstein Hagen, “We are proud to welcome the Viking Gyda to our growing fleet of award-winning river ships, and we look forward to introducing more curious travelers to Portugal and its ‘River of Gold’ in the years to come.”
Built specifically for the Douro River and the popular 10-day Portugal’s River of Gold itinerary, the Viking Gyda features Viking’s elegant Scandinavian design and accommodates 106 guests in 53 staterooms. She joins sister ships the Viking Helgrim, the Viking Hemming, the Viking Osfrid and the Viking Torgil, bringing Viking’s Douro River fleet to five ships.
Viking remains focused on well-defined, long-term growth plans as part of a strategy toward maintaining a leadership position in experiential travel.
Based on Viking’s committed orderbook, the company expects to take delivery of 26 additional river ships by 2028 and 10 additional ocean ships by 2031. With these orders, Viking will have 112 river ships in 2028 and 23 ocean and expedition ships in 2031.
VIK shares lost one cent to $63.75.