The Miami-based cruise line made the comments in announcing a net loss of $8.6 million on revenues of $631.4 million for the quarter ended Sept. 30. The results compared with a $49 million net profit a year earlier on revenue of $597.5 million.

NCL said the loss in the recent quarter included a non-cash loss of $42.9 million on the marking to market of its Euro-denominated debt.

"Pricing in the Caribbean has stabilized and is improving," said Colin Veitch, NCL president and chief executive officer in a press release.

"We are also encouraged that the measures we have taken with respect to our Hawaii operations seem to be having a positive impact."

The company said the 5.7 percent increase in third-quarter revenue was the result of higher net yields and a increase in capacity. The yields improved as a result of higher ticket prices as demand for NCL's cruises rose.

In August NCL had said the Hawai'i interisland cruises will come up for a review next year, at which time the company will decide whether to continue them.

Earlier this year the company said it will pull one of its three Hawai'i-based ships — the Pride of Hawai'i — from the state in February. The ship will be renamed Norwegian Jade and sent to Europe for the summer of 2008, running under a foreign flag operation, which is less expensive to run.