| Slow & steady growth

Following its successful
launch onto the NASDAQ stock
exchange, Lindblad Expeditions
has outlined a cautious growth
plan to build its fleet by one
vessel each year starting in 2017.
The company will grow slowly to
retain its level of service, founder
Sven Lindblad said during a fivenight
voyage in Iceland onboard
National Geographic Explorer.
Each new ship will be no larger
than any of the six wholly owned
National Geographic-branded
vessels currently in its fleet.
Lindblad added the expedition
line’s current fleet has been
running at or near capacity of
above 90% for some time, with
the time right for more inventory.
However, Lindblad said there
will be no change to the way the
company carries out its journeys