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 $.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
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 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
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. 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
Royal Caribbean International took delivery of its 23rd ship, Anthem of the Seas. Royal Caribbean Cruises Ltd.’s Chairman and CEO Richard D. Fain officially received the new ship from Meyer Werft Yard’s Managing Partner Bernard Meyer in a signing ceremony held in Bremerhaven, Germany. Anthem of the Seas will now sail to Southampton, U.K., where the ship will homeport through October and sail to the Mediterranean and Canary Islands
Walt Disney Co said it signed an agreement to build two cruise ships for its Disney Cruise Line business. The company, which signed the agreement with the Meyer Werft shipyard in Germany, said on Thursday the ships are expected to be completed in 2021 and 2023.
Harmony of the Seas, the world's largest luxury cruise ship took to the seas for the first time on Thursday afternoon as it slides into the waters of western France, in the port of Saint Nazaire. Thousands of people gathered at the dock to watch as the 120
Third Ship of Quantum Class for Royal Caribbean Meyer Werft delivered the 168,660-gt cruise ship Ovation of the Seas to the U.S. cruise operator Royal Caribbean Cruises Ltd. today in Bremerhaven. The third ship of the Quantum class sets new standards in terms of eco-friendliness
Royal Caribbean Cruises Ltd reported a 5.6 percent rise in quarterly revenue, helped by higher passenger ticket revenue and onboard spending, sending the company's shares up 4 percent in premarket trading. Royal Caribbean also raised its full-year earnings forecast to $6.15-$6
Royal Caribbean's Splendour of the seas experience a fire in one of its engine rooms, but luckily the incident was contained with minor injuries and no apparent damage to the ship. Royal Caribbean says: "The fire was contained and extinguished, with all systems functioning
Moses Kirkconnell, the Cayman Islands’ minister of tourism said that future off-shore tendering of cruise ships is out of the question in lieu of building a $150 million cruise pier and terminal in the Cayman Islands. Given that in 2014 approximately 82% of Cayman’s
Coast Guard search-and-rescue crews are searching for a man in the water 80 nautical miles northeast of Mayaguana, Bahamas, Friday. At approximately 1 a.m., the Royal Caribbean Oasis of the Seas cruise ship reported a missing 35-year-old male after he fell into the water during a cruise
MAN PrimeServ informs it has won the contract from Royal Caribbean Cruises Ltd. (RCCL) to retrofit the turbochargers aboard four cruise liners from its fleet. The contract covers the retrofit of a total of 30 turbochargers aboard four vessels – two operated by Royal Caribbean
Royal Caribbean Cruises teams up with Eniram, cutting fuel costs by millions of dollars and reducing emissions of CO2 by tens of thousands of tons by improving energy efficiency through innovation. Cruise shipping is one of the fastest growing sectors in tourism
Repair yard Grand Bahama Shipyard Limited (GBSL) is in store for a busy year, with 20 cruise vessels booked for repair, maintenance and overhaul work in 2016. The scope of projects includes propulsion and technical systems overhaul, accommodations and public space upgrades and the addition of
Royal Caribbean Cruises Ltd reported 2015 results and provided guidance for 2016. Continuing on its Double-Double trajectory, the company’s adjusted earnings for 2015 were $4.83 per share – up 42% over 2014, and are expected to further increase to $5.90 – $6.10 in 2016.
Multiple media outlets including CBS News report that Royal Caribbean's new cruise ship Anthem of the Seas was hit by a strong strom, reportedly resulting in no serious injuries but causing some damage to public areas and guest staterooms. The ship is reported enroute to port in Florida.
A Royal Caribbean cruise ship forced to turn back early after being battered by an Atlantic storm was expected to return to its New Jersey port at 9 p.m. on Wednesday (0200 GMT Thursday), bringing with it 4,500 rattled guests and 1,600 crew, cruise line officials said.
Royal Caribbean Cruises Ltd faces at least two lawsuits by passengers accusing the company of negligently endangering their lives by letting its Anthem of the Seas cruise ship sail into a fierce Atlantic storm this month. The lawsuits filed in the U.S
Anthem of the Seas is forced to run around again after suffering a norovirus outbreak just weeks after being battered by 30-foot waves. Royal Caribbean's newest cruise ship, Anthem of the Seas, is cutting another trip short and heading back to Bayonne early, according to reports