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Royal Caribbean

Royal Caribbean Declares Dividend

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.


Royal Caribbean Declares Dividend

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 Fined $6.5 Million For Spill

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."


RC Receives Extension on Options for Radiance-Class Ships

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 Disappointed Over EU’s Merger Decision

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


Royal Caribbean Cuts Steel, Names Ships

The steel cutting took place at the Meyer Werft shipyard in Papenburg, Germany, where the two ships will be built. Pictured here are (from left to right) Jan Meyer, Managing Partner, Meyer Werft and Harri Kulovaara, EVP, Newbuild and Design, Royal Caribbean International.

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.  


Sovereign Of The Seas Docks In Fort Lauderdale After Partial Power Loss

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


P&O Princess Rejects Carnival’s Offer

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


Williams Named President and Chief Operating Officer Of Royal Caribbean and Celebrity Cruises

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


Finding Your Way Around World's Biggest Cruise Ship

Photo credit CCL Baldwin040

To help get passengers around the ship and find their way, 'Oasis of the Seas' has over 300 digital, interactive signs including maps. Royal Caribbean's Oasis of the Seas was designed with technology in mind to make the ship easier to navigate for the passengers and crew onboard through tools like RFID, facial recognition and handheld wireless devices for a variety of purposes, including emergency responses, food safety, point-of-sale (POS) transactions and passenger service.


Carnival's Profit Forecast Down

Carnival Spirit (Photo courtesy of Carnival)

Carnival Corp, the world's largest cruise operator, forecast an adjusted profit below market estimates for the current quarter, blaming increased competition in the Caribbean. Shares of the company, which operates the Carnival, Holland America and Costa cruise lines, fell as much as 3 percent


Cruise Lines Spend Big, Get Quirky to Lure Chinese Travellers

Looking to convince Chinese tourists that a ship can be a holiday destination and not just a way to get there, the world's leading cruise lines are spending billions of dollars on flashy new vessels and quirky on-board services. Carnival Corp and Royal Caribbean Cruises Ltd are trying to pique


Google Street View Climbs Aboard Allure of the Seas

Screenshot of Google Street View aboard Royal Caribbeans Allure of the Seas

Royal Caribbean International claims it is changing the way people plan vacations by working with Google to be the first cruise line to launch Google Maps Business View using Google’s Street View technology onboard the cruise ship Allure of the Seas.


Royal Caribbean Profit Jumps on Higher European Demand

Oasis of the Seas (Photo courtesy of Royal Caribbean International)

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


SEMBCORP MARINE’S SEMBAWANG SHIPYARD TO REVITALISE 'VOYAGER OF THE SEAS'

Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard has secured an agreement with RCL Cruises Ltd., a member of the Royal Caribbean Cruises Ltd. group, to perform the extensive revitalisation of Royal Caribbean International’s 137,276-gross tonnage


Miami Shipping Alliance Opposes Beckham's Soccer Arena Plan

David Beckham: Photo CCL3

An alliance of shipping interests and a billionaire car dealer launched a newspaper ad on Monday protesting retired English soccer star David Beckham's plans for a soccer arena at the port of Miami, saying it threatens the city's plans to capitalize on the expansion of the Panama Canal.


China Homeport for Latest Giant RCI Cruise Ship

Quantum of the Seas: Image credit RCI

Royal Caribbean International says that its latest cruise ship, 'Quantum of the Seas', will make its home port in Shanghai (Baoshan), China The ship will reposition to China in May 2015, following her inaugural winter season sailing out of New York Harbor to the Caribbean.


Royal Caribbean Profits Take a Hit

Navigator of the Seas (Courtesy Royal Caribbean)

Royal Caribbean Cruises Ltd reported a much lower-than-expected quarterly profit as costs rose and passengers spent less onboard. Shares of the company, whose cruise lines include Royal Caribbean International, Celebrity Cruises and Azamara Club Cruise, fell as much as 3


Royal Caribbean Profit Plunge

Royal Caribbean Cruises Ltd, the world's second-largest cruise operator, said its quarterly profit fell by two-thirds as costs rose and six cruises were canceled or shortened due to several mishaps. Shares of the company, whose cruise lines include Royal Caribbean International


Royal Caribbean Orders Fourth Oasis-Class Vessel

Royal Caribbean Cruises Ltd.’s Chairman and Chief Executive Officer Richard D. Fain

Announcement Made as STX France Lays Keel for Third Oasis-Class Ship. Royal Caribbean Cruises Ltd. announced today that it has agreed with STX France to move forward on the order of a fourth Oasis-class ship for delivery in 2018. Royal Caribbean Cruises Ltd


Cruise Ship Data to Assist Ocean Scientists

Celebrity Equinox (photo courtesy Celebrity Cruises)

Celebrity Equinox becomes third Royal Caribbean Cruises Ltd. vessel to feature technology that helps scientists understand effects of climate change Last week, as Celebrity Cruises’ Celebrity Equinox completed its scheduled drydock in Cadiz, Spain


Global Ocean Trade Shipbuilding Orders

File image

Another relatively quiet week with no reports of new shipbuilding orders in either the dry bulk and tankship markets, remarks Clarkson Hellas in its latest S&P Weekly Bulletiln. Gas carriers Odfjell Gas Carriers declared their options for four 22


Royal Caribbean to Develop Cape Liberty Cruise Port

Photo courtesy of RCCL

Royal Caribbean Cruises Ltd. has announced that it has entered into an agreement with The Port Authority of New York and New Jersey for the cruise company to develop the next phase of Cape Liberty Cruise Port in Bayonne, N.J. The $55 million project will include the construction of a new


Caribbean Cruises Inks Long Term Support Deal

Oasis of the Seas: Photo Wärtsilä

Wärtsilä has signed a ten-year maintenance and technical support agreement with Royal Caribbean Cruises Ltd (RCL), which includes a sub-contract with ABB Turbocharging: the service agreement covers 142 Wärtsilä engines and 170 ABB turbochargers in 36 vessels (32 already in


ABB RoboScreens for Royal Caribbean's Quantum Class

Six ABB RoboScreens attached to six industrial robots help Royal Caribbean boost onboard entertainment capacity (Photo: ABB)

Six 100” video screens attached to six industrial robots help cruise ship operator expand onboard entertainment and amenities possibilities As Royal Caribbean designed its new Quantum Class cruise ships, a key initiative was to enhance onboard entertainment and amenities






 
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