Cruise Line Celebrates Project Sunshine milestone, Steel Cutting and Reveals Names of Newest Ships. Royal Caribbean International took a major step this week in the development of the cruise line’s next generation of cruise ships when the first piece of steel was cut for the first of two Project Sunshine ships. The steel cutting took place at the Meyer Werft shipyard in Papenburg, Germany, where the two ships will be built. To celebrate the milestone, Royal Caribbean announced the names of the two new ships – Quantum of the Seas, set to debut in fall 2014, and Anthem of the Seas, which will follow in spring 2015. They will be part of the Quantum class of ships and will build upon Royal Caribbean’s legacy of revolutionary ship design and bold innovation. “We are extremely excited to celebrate this important milestone for our first Project Sunshine ship. After three years of design and advance planning this is the first step of the construction of the ship and I look forward to seeing it all come together in the coming months,” said Adam Goldstein, President and CEO, Royal Caribbean International. “The new ship will be such a leap forward in terms of vessel design and guest experiences that we thought the name Quantum of the Seas was perfectly appropriate.”
The Board of Directors of Royal Caribbean Cruises Ltd. has declared a quarterly dividend of 15 cents per share for shareholders of record at the close of business on December 16, 2005, payable on December 29, 2005. This is the 49th consecutive quarter Royal Caribbean's Board of Directors has voted to declare a dividend to shareholders.
The Board of Directors of Royal Caribbean Cruises Ltd. has declared a quarterly dividend of $.13 per share for shareholders of record at the close of business on December 19, 2000, payable on December 29, 2000. This is the 29th consecutive quarter Royal Caribbean's Board of Directors has voted to declare a dividend to shareholders.
Royal Caribbean Cruises Ltd., the world's second-largest passenger cruise line, was fined $6.5 million on Oct. 21 for dumping oily bilge water and other pollutants into Alaskan waters. "I find the circumstances of this case truly egregious," U.S. District Judge John Sedwick said in handing down the sentence. "What happened is inexcusable. A company this big, with this many resources, should be able to avoid, to weed out the kind of behavior that occurred here."
Royal Caribbean Cruises Ltd. announced it has deferred options to purchase a fifth and sixth Radiance-class ship. The options involve ships scheduled for deliveries in 2005 and 2006. Royal Caribbean and Meyer Werft shipyard, of Papenburg, Germany, builder of the Radiance-class ships, agreed to extend the options to September 19, 2003. Under the terms of the extension, Meyer Werft has the ability to terminate the options upon giving adequate advance notice to Royal
Royal Caribbean Cruises Ltd. expressed disappointment over the clearance by the EU Commission of Carnival Corporation's hostile bid for P & O Princess Cruises. Chairman and chief executive Richard Fain said he was also surprised at the outcome, which accorded neither with Royal Caribbean's own analysis of the cruise industry in Europe nor with earlier reports of the EU inquiry's own findings. With almost four weeks remaining in the legally scheduled timetable for the enquiry
The Royal Caribbean International cruise ship Sovereign of the Seas made an unscheduled stop at Port Everglades in Fort Lauderdale, Fla., this morning, to end its cruise due to a partial loss of electrical power at approximately last night. The ship was scheduled to terminate its cruise at 9 a.m. this morning in Port Canaveral. "All of our guests and crew are safe and comfortable," said Jack Williams, president of Royal Caribbean International
Royal Caribbean Cruises Ltd. named Jack Williams president and chief operating officer of Royal Caribbean International and Celebrity Cruises. In his new role, Williams, previously president of Royal Caribbean International, will manage the day-to-day operations of both cruise lines. The two lines will continue to operate independently under Williams. Williams' appointment follows an earlier announcement that respected cruise veteran Richard Sasso, president of Celebrity Cruises
The Board of P&O Princess states that, at the end of last week, Carnival conveyed its interest in a possible transaction with P&O Princess. Carnival's proposal is subject to several pre-conditions including regulatory approval and financing. After consider Carnival's proposal and reviewed it with its financial and legal advisors. Based on this review, the board has concluded that the proposed dual listed company transaction with Royal Caribbean remains the most attractive alternative for
Royal Caribbean Cruises Ltd (RCL) recognized as one of the top 100 companies in the world for its sustainability practices. The NASDAQ OMX CRD Global Sustainability Index is designed to track the performance of companies that are taking a leadership role in sustainability performance reporting. These companies have voluntarily disclosed their carbon footprint, energy usage, water consumption, hazardous and non-hazardous waste, employee safety, workforce diversity
Royal Caribbean Cruises Ltd (NYSE, OSLO: RCL) named two senior company executives to lead the company’s two largest brands. Michael Bayley, who worked his way up from an assistant purser’s position aboard the Nordic Prince, will serve as President and CEO of Royal Caribbean
Celebrity Cruises has taken a bold step in ship design with the signing of a letter of intent for a new class of vessels, Royal Caribbean Cruises Ltd. and French shipbuilder STX France announced today. The two 2,900-guest, 117,000-gross-registered-ton ships
On Tuesday, December 9, 2014 at 4 p.m., the Port of Galveston along with Moody National Bank, Texas First Bank, Hometown Bank and Webber L.L.C. will celebrate the expansion of Cruise terminal 2. The ceremony will take place at the Port of Galveston in front of cruise terminal 2 located on
Starting November 15, 2014, Royal Caribbean’s Explorer of the Seas begins homeporting at Port Canaveral through March 2015, offering a new nine-night itinerary that reaches further into the southern Caribbean with stops in Aruba, Bonaire, Curacao, and Haiti
Royal Caribbean's newest cruise ship, Quantum of the Seas, arrived in the New York Harbor in the early morning hours on November 10. The 167,800-gt cruise ship, built by MEYER WERFT, departed from Bremerhaven to Southampton October 28, 2014
First Ship of New Class for Royal Caribbean MEYER WERFT delivered the 167,800-gt cruise ship Quantum of the Seas to the U.S. cruise operator Royal Caribbean Cruises Ltd. yesterday in Bremerhaven. According to the builder, the first ship of the Quantum class sets new standards in terms of
L-3 Marine Systems International (L-3 MSI) has been awarded a contract to provide its NACOS Platinum navigation system, including an integrated dynamic positioning system, for the third ship in Royal Caribbean International’s (RCI) Oasis class
Royal Caribbean International took delivery today of the newest addition to the cruise line’s fleet, Quantum of the Seas, from Meyer Werft Yard, at an official signing ceremony in Bremerhaven, Germany attended by Royal Caribbean Cruises Ltd.’s Chairman and CEO Richard D
Port industry veteran Don Allee will assume control of the Port’s Cruise and Tourism Division in January, following the retirement of current Director J. Robert Jumonville. Jumonville, who will retire in January after 25 years at the Port
ABB has signed an extensive service agreement with Royal Caribbean Cruises Ltd (RCC) to increase cost efficiency and predictability of maintenance costs. The agreement spans 15 years and encompasses six vessels under RCC’s brands Celebrity Cruises and Royal Caribbean International
Tech-savvy modern travelers will be wowed by Royal Caribbean International's newest ship, 'Quantum of the Seas', which incorporates unprecedented levels of technology to amp up the vacation experience, say owners Royal Caribbean Cruises Ltd.
Breaking surf-report: a wave unlike any other is due to hit Australian shores this summer when the newly revamped Voyager of the Seas arrives for her cruising season starting this November. A multimillion-dollar investment will see Australia’s largest ship packed with even more
TUI AG and Royal Caribbean Cruises are substantiating their expansions plans for their joint venture TUI Cruises. The Mein Schiff fleet shall grow from now three to six ships and then 14,000 beds by 2017. TUI Cruises is strengthening its already sound and dynamic position in the German cruise
TUI Cruises, a unit of TUI AG , is ordering two more cruise ships for its Cruises unit to reflect high demand for cruise holidays in Germany and Europe. The new ships will be delivered in 2016 and 2017 and will take the fleet of TUI Cruises to six ships, the company said on Monday.
Royal Caribbean Cruises Ltd's quarterly profit beat analysts' average estimate as demand for its European and Chinese cruises increased and passengers spent more on board, helping it raise its full-year profit forecast. Shares of the world's second-largest cruise operator rose as much as 9