Investment firm T.Rowe Price has lifted its stake in Norwegian Cruise Line Holdings past the 10% mark.

The Baltimore financial giant disclosed today that it owns nearly 24.8 million shares in the New York-listed cruiseship owner, which is the world's third largest.

The stake amounts to 10.8% of all shares outstanding. The shares are worth more than $1.34bn at today's price on the Nasdaq Stock Market.

T.Rowe