Lindblad Expeditions

Lindblad Expeditions Holdings Inc (world.expeditions.com) is a US-based cruise shipping company headquartered in NYC and listed on Nasdaq under the stock symbol LIND. Lindblad provides expedition cruise travel services and offers itineraries featuring wildlife encounters, nature, history, culture themes, and professional lecture-based onboard enrichment programs. Lindblad partners with NatGeo to provide teams of professionals (scientists, naturalists, researchers, photographers) on each expedition voyage.

Company History

One of the industry's largest small cruise lines, "Lindblad - National Geographic" offers a unique expedition travel product that includes regularly scheduled itineraries to the Galapagos Islands, the Arctic, and Antarctica, Europe (and the UK), Canada (British Columbia), South America (Patagonia-Chilean Fjords), the South Pacific (Australia, New Zealand, islands), the USA (Alaska, Pacific Northwest), Panama Canal, and Pacific Mexico (Sea of Cortez, Baja California).

In September 2021, Lindblad acquired the superyacht Crystal Esprit from Crystal Cruises (a subsidiary of GH-Genting Hong Kong), later renaming it "National Geographic Islander 2".

Lindblad's fleet also includes chartered vessels, including riverboats operating in the Peruvian Amazon and Southeast Asia (Vietnam-Cambodia), as well as smaller ships in Europe (Scotland, Mediterranean) and the Caribbean (including cruises to Cuba).

In February 2020, Lindblad announced the "Premium Purity" program, a shipwide cleaning system based on ACT CleanCoat technology. The program was rolled out fleetwide after a year-long trial on the NatGeo Explorer. This innovative ship cleaning process uses a photocatalytic antibacterial spray that, when activated by light, kills viruses, bacteria, airborne microbes, and mold. The disinfecting product and technology were developed by the Danish company ACT Global AS (Copenhagen). The spray is chemical-free, odorless, transparent, and can be applied to all surfaces.

In September 2022, John Delaney was appointed Senior VP of Global Sales. Previously, he held roles at Windstar (as President), Seabourn (as Senior VP of Global Marketing and Sales), Holland America Line (as VP of Revenue Marketing), Carnival Corporation (as Special Projects Director), as well as Disney and The Cheesecake Factory Inc.

Lindblad-National Geographic Cruises

Lars-Eric Lindblad pioneered adventure travel cruises in the late 1950s, taking US passengers to rarely explored destinations, such as the Galapagos and Antarctica. In 1979, a new division specializing in marine-focused expeditions was founded by his son, Sven-Olof Lindblad. Today, Lindblad Expeditions remains the leader in adventure cruises.

An alliance with National Geographic (since October 2004, renewed in November 2023 through 2040) allows passengers to travel alongside NatGeo’s renowned oceanographers, photographers, and scientists. Over the years, this partnership has grown, and now all Lindblad-owned cruise vessels bear the "National Geographic" prefix. Reflecting the joint motto, "inspiring people to explore and care about the planet," both companies also established a fund to promote conservation in the areas they explore.

The extended agreement in November 2023 (17 additional years) targets new global customers through three strategic market opportunities:

1. Global Rights to National Geographic Brand for Expedition Cruises: Lindblad now holds global rights to the National Geographic brand for expedition voyages, enabling fleet expansion and entry into new markets.
2. Leverage of The Walt Disney Company: Lindblad will utilize Disney's sales channels for product distribution, along with collaborative marketing campaigns.
3. Enhancements to Onboard Guest Experience: The expanded partnership with NatGeo aims to enrich the shipboard experience with more immersive storytelling and travel activities aligned with the NatGeo brand.

The expanded partnership has positioned Lindblad as a leader in expedition cruising, granting access to larger markets and an expanded consumer base.

The key elements of the 2023 agreement include:

• A global license to use the "National Geographic Expeditions" brand for co-branded voyages on Lindblad's ships.
• Exclusivity for voyages marketed in the USA and Canada aboard smaller ships with a maximum capacity of 295 passengers, with potential for expansion to include larger vessels with a maximum capacity of 530 passengers.
• A global license to market co-branded (Lindblad-National Geographic) river cruises.

Using Disney’s sales channels to distribute Lindblad's products is a significant aspect of the agreement, helping access new customers and contribute to Lindblad's growth in both capacity and earnings.

Lindblad River Cruises

In August, Lindblad announced plans to expand into the European market with new products, including chartered river cruise operations under the renewed Lindblad-NatGeo co-branding.

More details on the river cruise shipowners providing long-term chartered boats will be announced in the coming months.

Shipboard Amenities and Travel Experience

The atmosphere on Lindblad ships is casual and down-to-earth, with an emphasis on practicality. Service is friendly (but not overbearing). Lindblad Expeditions have modernized adventure cruising, navigating unspoiled, remote territories without sacrificing comfort.

All ships feature comfortable cabins and provide onboard wellness services so passengers can relax after an active day ashore. Staterooms range from functional and small to well-equipped and spacious, with modern luxury touches. All ships feature LEX spas and provide wireless internet access.

Dining is open-seating, with dishes reflecting the cuisine of the visited regions. The ingredients are fresh, organic, and locally sourced. Lindblad partners with Chefs Collaborative, the Marine Stewardship Council, and the Blue Ocean Institute to source environmentally sustainable food. For example, Lindblad’s fleetwide policy prevents the consumption of shrimp onboard due to the harmful bycatch associated with shrimp harvesting.

Each vessel has its own fleet of Zodiac landing craft, snorkeling gear, and sea kayaks, as well as specially designed tools for more extensive coastal and shore exploration. Every ship in the Lindblad fleet is equipped with the latest technological innovations, such as remotely operated vehicles, bow cameras, undersea cameras, hydrophones, and video microscopes.

The hallmark of Lindblad Expeditions voyages is the team of experts accompanying every trip—undersea specialists, researchers, and seasoned naturalists who share their knowledge with travelers. On select voyages, a National Geographic historian, photographer, explorer, or scientist also joins the team. A veteran National Geographic photographer sails on every expedition aboard the National Geographic Orion and National Geographic Explorer.

There are no childcare programs or facilities aboard Lindblad vessels. However, unlike other expedition companies, Lindblad has made significant efforts to attract families. Naturalists often take families ashore separately to show children how to operate a Zodiac. Popular family destinations include Alaska, the Galapagos, Baja California, and Central America. Lindblad encourages family travel as a way to further education and build relationships.

Lindblad National Geographic Cruise Line

In March 2013, Lindblad acquired the travel company Orion Expedition Cruises. The line’s only ship, Orion, was integrated into Lindblad’s fleet in 2014.

On May 5, 2016, Lindblad Expeditions Holdings acquired 80.1% of Natural Habitat Inc (Nat Hab), a leading adventure travel company based in Boulder, Colorado. The remaining 19.9% of stock is held by Ben Bressler, Nat Hab’s Founder and President.

• Lindblad’s new subsidiary focuses on land-based tours. Nat Hab specializes in polar bear tours (Churchill, Canada), Alaskan grizzly bear tours, Galapagos Islands small-group tours, African safaris, and Antarctic land expeditions. Since 2003, Nat Hab has partnered with the "World Wildlife Fund" to offer eco-conscious and sustainable travel tours.
• Lindblad paid approximately USD 20 million for Natural Habitat, which included USD 14.85 million in cash, USD 2.65 million in Lindblad stock (264,208 shares), and USD 2.5 million in notes.

Previously, Nat Hab was owned by Gaiam Inc (a leading wellness brand) and Ben Bressler. Bressler continued to serve as President of Lindblad’s new subsidiary. By the end of 2015, Nat Hab reported net revenues of approximately USD 41 million, EBITDA of USD 3.7 million, and net income of USD 1.5 million.

Based in South America, "Australis Cruises" is a small expedition travel brand operating itineraries between Punta Arenas and Ushuaia. In 2016, Lindblad acquired the ship "Via Australis" for USD 18 million. After a USD 10 million refit and refurbishment, the vessel was renamed Nat Geo Endeavour 2.

In July 2018, Lindblad implemented a fleetwide ban on single-use plastic. No plastic-made single-use items, such as bottles, cups, straws, or stirrers, are used aboard Lindblad ships. Lindblad also collaborates with its suppliers and partners to reduce plastic packaging. This policy began in 2007, when Lindblad banned single-use water bottles. Instead, passengers receive reusable stainless steel bottles that can be refilled at several filtered-water stations onboard.

On March 9, 2021, Lindblad acquired majority stakes in two US-based travel companies: "DuVine Cycling + Adventure Co" (specializing in luxury bike tours in the USA and Europe) and "Off the Beaten Path LLC" (specializing in custom-group active travel, fly fishing, and ranch vacations).

In October 2021, Lindblad acquired an 80% majority stake in "Classic Journey," a 1995-founded Iceland-based luxury tour company specializing in expert-led walking tours (focused on history and culture) via package deals that combine international travel with boutique hotels, unique dining, and shopping experiences. The deal was signed by Dolf Berle (Lindblad's CEO) and Edward Piegza (Classic Journeys' President and Founder).

In June 2023, Lindblad introduced the Suite Exclusives package fleetwide, offering amenities like a welcome gift, complimentary laundry, and priority booking for wellness services, spa treatments, and igloo reservations.

(NEW) Scenic-National Geographic River Cruises

In November 2017, National Geographic Expeditions partnered with Scenic River Cruises to launch "National Geographic River Cruises". These new offerings combine Scenic's all-inclusive luxury riverboats with NatGeo's science and exploration-themed activities.

Each voyage is accompanied by a NatGeo expert who leads the onboard enrichment program, which includes educational presentations, itinerary-based lectures, and informal discussions. All Scenic European river cruises also feature a NatGeo photographer, who leads photography-themed activities and workshops. These voyages offer themed excursions ranging from hiking and biking to nature, culture, and history.

The new Scenic-NatGeo partnership offers itineraries primarily in Europe, including the Moselle, Rhine, Danube, and Main rivers, as well as waterways in Holland and Belgium, France (Bordeaux wine region), and Portugal (Douro River). The new NatGeo experience is also available on select Asian cruises on the Irrawaddy River in Burma. The National Geographic River Cruises program began in Spring 2018.

(NEW) Lindblad-National Geographic Day Tours

In September 2022, National Geographic Expeditions signed a partnership with Intercruises Shoreside & Port Services (a Barcelona-based global provider of cruise shore excursions, in-port, and hotel-program services) to launch "National Geographic Day Tours" in summer 2023.

Managed and designed by Intercruises, NatGeo's Day Tours are full-day and half-day itineraries initially introduced in Mediterranean destinations, with plans for worldwide expansion in the following years. All land tours are certified as sustainable and focus on nature, culture, and history.

The 2023 launch of NatGeo Day Tours (48 in total) included excursions in France (Marseille), Italy (Rome from Civitavecchia, Naples), Spain (Barcelona, Palma de Mallorca, Ibiza Town), Madeira (Funchal), the Canary Islands (Tenerife and Arrecife), Croatia (Dubrovnik), Greece (Corfu, Athens from Piraeus, Mykonos, Rhodes, Santorini), and Turkey (Kusadasi).

Lindblad Expeditions Company

In May 2015, privately owned Lindblad Expeditions became a publicly traded company through a merger with Capitol Acquisition Corporation. The deal provided the adventure cruise line with new financial resources.

The valuation of the transaction was USD 439 million. At the time of the merger, Lindblad operated six Nat Geo-named ships and four vessels under charter agreements.

Following the merger, Capitol Acquisition Corporation owned 50% of the company, Lindblad held 49%, and the remaining 1% was owned by a foundation affiliated with Lindblad. According to the merger terms, Lindblad's owners received a USD 90 million cash payment upon closing. Sven-Olof Lindblad (the company's Founder and Co-Chairman of the Board of Directors) retained 29% ownership in the merged company. The management team, led by him, was retained.

After the merger, the new company was named "Lindblad Expeditions Holdings Inc." and began trading on Nasdaq under the symbols LIND and LINDW. The founders of Capitol Acquisition Corporation made a charitable donation to the "Lindblad Expeditions-National Geographic Joint Fund for Exploration and Conservation," which included 500,000 shares of stock. Between 1997 and 2015, the fund raised approximately USD 10 million in cooperation with Lindblad cruise ship passengers.

In May 2013, Capitol Acquisition Corporation raised USD 200 million to merge with a promising company. Lindblad’s acquisition deal followed the 2014 acquisition of Prestige Cruise Holdings by NCLH (Norwegian Cruise Line Holding), resulting in public ownership of two top luxury cruise line brands: Oceania and RSSC-Regent Seven Seas.

For 2018, the company forecast annual revenues between USD 308–315 million (up from USD 266 million in 2017) and EBITDA between USD 54–57 million (up from USD 41.7 million in 2017). Lindblad's stock is owned by insiders (45%) and institutions (55%).

Until 2023, the company's CEO and President was Dolf Berle (former CEO of Topgolf Entertainment Group, part of Callaway Golf), who was succeeded by Sven-Olof Lindblad on June 30, 2023. Since January 2025, Lindblad Expeditions Holdings Inc's CEO has been Natalya Leahy, with Rick Goldberg serving as the new CFO (Chief Financial Officer).

(COVID Impact) In August 2020, Lindblad Expeditions Holdings entered into a stock investment agreement with several US-based private companies, including Declaration Capital LP, Durable Capital Partners LP, Headlands Capital Advisors LLC, Deep Field Asset Management LLC, and MSD Partners LP. The deal was for the placement of USD 85 million in newly issued convertible preferred shares (convertible into common stock at a fixed conversion ratio) with a 6% dividend, payable in cash for 2 years.

For Q3 2020 (as of September 30), Lindblad Expeditions Holdings reported USD 129.6 million in cash, USD 16.5 million in restricted cash (primarily from future cruise bookings), a revenue decrease of USD 100 million (-99% compared to Q3 2019), a net loss of USD 27.4 million, and an adjusted EBITDA loss of USD 16.1 million.

For Q4 2020 (and FY2020 fiscal year), Lindblad reported USD 187.5 million in unrestricted cash (monetary reserves not tied to a specific use), USD 17 million in restricted cash (funds held for specific purposes), raised capital of USD 170 million (USD 85 million through loans, USD 85 million through stock sales), and an average monthly cash burn of USD 10-15 million (covering ships and administrative expenses, capital expenditures, and loan interest).

New bookings (deposits and final payments received between March 1, 2020, and 2021) totaled USD 115 million. Most canceled voyages were rebooked using FCCs (future cruise credits).

Lindblad Galapagos Cruises

In 2017, Lindblad celebrated the company's 50th anniversary of its first Galapagos Islands cruise in 1967. To commemorate the occasion, Lindblad offered free round-trip flights to the Galapagos on 50+ departures in 2017-2018. Free airfare was available for flights from Miami to Galapagos (Baltra) on all departures between August 25-November 17, 2017 (aboard Nat Geo Endeavour 2) and between September 16-December 16, 2017 (aboard Nat Geo Islander). Free flights were also available on select Galapagos cruises in 2018 aboard both ships. An upgrade to business class (USD 500) was offered on select departures only.

Lindblad's Galapagos cruise prices start at approximately USD 7,000 per person (double occupancy "Category 1" cabin). Children’s discounted pricing is USD 500 off (for each child under 18).

In June 2024, Lindblad purchased two Galapagos-based ships from Celebrity Cruises: Celebrity Xpedition/National Geographic Gemini and Celebrity Xploration/National Geographic Delfina. Both vessels will begin operations for Lindblad-NatGeo in 2025 (Delfina on February 14th, Gemini on March 14th). With this acquisition, Lindblad has doubled its Galapagos capacity.

New Ships

In August 2015, Lindblad Expeditions announced plans to order two new cruise vessels, scheduled for delivery in 2017 and 2018. In 2016, the names of the ships were announced: National Geographic Quest (2017) and National Geographic Venture (2018). Both vessels have a passenger capacity of 100 (each with 50 cabins) and are USA-flagged.

In November 2017, Lindblad signed an order with Norwegian shipbuilder Ulstein for one polar-class expedition vessel (NatGeo Endurance) built in Ulsteinvik, with a scheduled delivery in January 2020. The shipbuilding contract included options for two additional vessels of the same design to be constructed in subsequent years. On July 18, 2018, Lindblad announced a second shipbuilding order for the NatGeo Resolution with a scheduled delivery in Q4 2021.

The new ship features an X-BOW (which increases fuel efficiency and improves passenger comfort in rough seas), a high ice-class rating (allowing access deep into the polar regions), large-capacity water and fuel tanks (for extended polar operations in remote areas), and zero-speed stabilizers (providing stability at zero speed during wildlife watching and embarkation/disembarkation).

The new expedition ship has a total of 69 cabins and suites, including 12 studios (single-occupancy cabins). Of all the staterooms, 75% have private balconies. The ship's wellness complex includes a fitness room, relaxation area, aerobics studio (yoga room), treatment rooms (for massages), sauna rooms, and two "infinity pool" Jacuzzis. Dining venues include the main restaurant (with panoramic floor-to-ceiling window views), a bistro (Lido buffet restaurant), and an outdoor barbeque bar.

The vessel is equipped with an innovative Zodiac launching system (serving its fleet of large-capacity motorized boats for landings), a helicopter landing platform, cross-country skis, sea kayaks, underwater video cameras, two ROVs (remotely operated vehicles), video microscopes, and hydrophones.

(Coronavirus Crisis) Passenger Shipping Pause 2020-2021

Due to the COVID pandemic, Lindblad-National Geographic suspended the entire fleet's passenger shipping operations (all Lindblad-owned vessels) by canceling all voyages scheduled between March 16, 2020, and June 2021.

Operations resumed in early June 2021. Lindblad’s Antarctica 2020-2021 winter program was canceled (affecting ships Explorer and Endurance).

The following are the Lindblad-National Geographic ships and their first departure dates in 2021: NatGeo Explorer (June 13/UK-Baltic), NatGeo Endurance (June 9/Arctic Norway/Maiden Voyage), NatGeo Endeavour 2 (June 4/Galapagos), NatGeo Islander (June 5/Galapagos), NatGeo Sea Lion (June 5/Alaska), NatGeo Quest (July 3/Alaska), NatGeo Venture (June 6/Alaska), NatGeo Orion (June 10/Alaska). The Scotland-based Lord of the Glens ship resumed service on July 7, 2021. The Nat Geo Sea Bird ship started Baja Mexico cruises in 2022 (January 18).

All affected bookings were fully refunded (100%) in FCC (future cruise credit), including those made for pre-purchased Lindblad Expeditions packages and services.

The cruise line Lindblad Expeditions promotes its small-ship voyages as true expeditions, rather than just cruising. The vessels' passenger capacity ranges from 28 to 148, offering intimate-sized ships that allow for close encounters with the coast and wildlife. Most of the Lindblad-NatGeo ships are converted commercial vessels. However, three ships (Quest, Venture, Resolution) are new builds, launched in 2017, 2018, and 2021, respectively.

In September 2021, Lindblad acquired the superyacht Crystal Esprit, now Nat Geo Islander 2 from Crystal Cruises (a subsidiary of GH-Genting Hong Kong).

In June 2024, Lindblad purchased two Galapagos-based ships (Celebrity Xpedition/National Geographic Gemini and Celebrity Xploration/National Geographic Delfina) from Celebrity Cruises.

National Geographic Lindblad Cruise Itinerary Changes

The National Geographic-Lindblad partnership offers exploration and adventure cruising in regions such as South America (Galapagos Islands, Antarctica), Alaska, the South Pacific, and the Mediterranean (Europe).

The Lindblad-National Geographic fleet consists of the following ships:

• National Geographic Gemini (2001, formerly Celebrity Xpedition) and National Geographic Delfina (2007, catamaran, formerly Celebrity Xploration) are both deployed year-round in the Galapagos (since Q1 2025).
• National Geographic Endeavour (1966, joined Lindblad in 2001) - Galapagos Islands
• National Geographic Endeavour 2 - Galapagos Islands
• National Geographic Explorer (1982, joined Lindblad in 2008) - cruises to the Arctic and Antarctica, Azores Islands, UK (British Isles), Canada, and South America (Patagonia).
• National Geographic Islander (1995, joined Lindblad in 2005) - Galapagos Islands
• National Geographic Islander 2 (1991, formerly Crystal Esprit, in the fleet since 2021) - deployment to be announced soon
• National Geographic Orion (2003) - cruises in Antarctica, South Pacific (Australia, islands), and European Arctic itineraries. A new program in 2019 included one of the world's most wildlife-rich destinations—Russia's Arctic territories. The "Across the Bering Sea" cruise (from Katmai to Kamchatka, about 4400 mi / 7000 km) nearly circumnavigated the Bering Sea. The 22-day itinerary (departing June 18 and July 21, 2019) had fares starting at USD 25,850 per person (double occupancy, Category 1 cabin). The "Life and Legend on the Bering Sea" cruise (13 days, departures July 9 and September 4, 2019) had fares from USD 16,230 per person. The "Exploring Russia's Far East and Wrangel Island" cruise (along Siberia's coastline) was a 13-day itinerary (departures August 11 and 23, 2019) with fares from USD 16,230 per person.
• National Geographic Sea Bird (1982, joined Lindblad in 2008) - cruises in Alaska, Mexico (Baja California), and the USA's Pacific Northwest
• National Geographic Sea Lion (1982, joined Lindblad in 2008) - cruises to Alaska, Panama Canal, Costa Rica, and the US Pacific Northwest regions
• National Geographic Quest (2017) - destinations include Alaska, British Columbia, Sea of Cortez, Baja California, Panama, and Costa Rica. As the first new build in the history of the cruise line, she began her inaugural voyage on July 29, 2017, departing Juneau for an 8-day expedition exploring Southeast Alaska. NatGeo Quest sailed on the "Exploring Alaska's Coastal Wilderness" expedition until August 26, 2017, and completed her Alaska season with "Treasures of the Inside Passage: Alaska and British Columbia," departing September 2, 2017. The ship then remained in the Pacific Northwest for new sailings between Seattle and Vancouver, with calls at the San Juan Islands, Alert Bay BC, Victoria BC, and other remote British Columbia fjords. In December 2017, NatGeo Quest repositioned and began operating Costa Rica and Panama expedition voyages, followed by new itineraries in Belize and Guatemala (starting February 2018).
• National Geographic Venture (2018) - itinerary destinations include the Inside Passage Alaska, British Columbia, and the San Juan Islands
• National Geographic Endurance (2020) - after an inaugural season in the Arctic in 2020, Endurance departs on a unique itinerary exploring the 7th continent, with just two departures. The cruise visits remote regions, from the Peninsula to the Ross Sea and Sub-Antarctic Islands of New Zealand.
• National Geographic Resolution (2021)

New adventure voyages include the Northwest Passage, New Zealand's Subantarctic Islands, Southeast Asia (Vietnam's coastal villages, Raja Ampat Islands Indonesia, Franz Josef Land Russia).

EXHILARATING NEW ADVENTURES include two itineraries exploring New Zealand: one around the North and South Islands, and the other to New Zealand's Sub-Antarctic Islands (wildlife-themed).

• Coastal NZ: Auckland - Milford Sound
• Southern Odyssey: NZ and the Subantarctic Islands
• Tahiti to Fiji: Reefs, Lagoons, Volcanic Isles
• Exploring Indonesia: Bali, Raja Ampat, PNG
• Along the Vietnam Coast: Ha Long Bay - Ho Chi Minh City

WILD ESCAPES offer active opportunities to explore captivating regions in a short time (some as brief as 5 days).

• Wild Peru Escape: Amazon & Machu Picchu
• Wild Iceland Escape
• Wild Greenland Escape

NEW ARCTIC EXPLORATION: reach the northernmost coasts aboard the newest Lindblad ships, NatGeo Endurance and NatGeo Resolution.

• Iceland & Greenland: Edge of the Arctic
• Northeast Passage: Norway - Alaska
• Northwest Passage: Greenland - Alaska
• Exploring the Russian Arctic: Franz Josef Land - Kara Sea

SOUTH AMERICA: explore the diverse coasts of South America, with various ecosystems.

• Wild South America: The Guianas - Brazil
• Panama & Colombia: Exploring the Caribbean Coast

EPIC ADVENTURES IN ANTARCTICA combine the wonders of the Antarctic Peninsula with southern Patagonia and Chilean fjords, remote West Antarctica, the ice shelf of the Ross Sea, and the sub-Antarctic islands of New Zealand and Australia.

• Antarctica & Patagonia: Legendary Ice and Epic Fjords
• Epic Antarctica Voyage: The Peninsula to the Ross Sea and Beyond

JAPAN: choose from three unique, in-depth itineraries.

• Coastal Japan: Imperial Dynasties & Modern Culture
• Sailing the East China Sea: Japan, Okinawa & Taiwan
• Along the Ring of Fire: Kamchatka, Kuril Islands & Hokkaido.

Below is a list of NatGeo Lindblad ships operated under charter:

• Delfin II (2009, luxury Peru Amazon River houseboat/ship under charter) - South America, shipowner Delfin Amazon Cruises
• Delfin III (2015, luxury Peru Amazon River houseboat/ship under charter since 2010) - South America, shipowner Global Voyages Inc
• RV Jahan (chartered ship, operates on Southeast Asia river cruise itineraries in Vietnam and Cambodia) - shipowner Heritage Line
• Lord of the Glens (chartered ship, operates Scotland cruises in the UK) - shipowner Magna Carta Steamship Company
• Sea Cloud (chartered yacht) cruises in the Caribbean and Mediterranean, with Transatlantic repositioning - shipowner Sea Cloud Cruises
• Panorama II (chartered superyacht, cruises to Cuba) - shipowner Variety Cruises

Lindblad Amazon Cruises

Starting in January 2026, two Nat-Geo/Lindblad chartered houseboats (sisterships Delfin II and Delfin III) will offer two distinct itineraries:

The 6-day "Upper Amazon River Expedition" itinerary visits destinations in Peru's rainforest, navigating the waterways of the Pacaya-Samiria National Reserve. Led by expert naturalists, these expeditions visit local riberenos (Amazonian river tribes) and feature guided wildlife encounters (pink river dolphins, monk saki monkeys), along with photo sessions by Nat Geo-certified instructors.

The 10-day "Wild Peru Escape: Amazon and Machu Picchu" itinerary combines the 6-day "Upper Amazon River Expedition" with land tours to Peru's UNESCO sites, spending two days at Machu Picchu and exploring Lima City and Cusco.