Royal Caribbean Cruises Ltd. has named two of its top executives to president and CEO of their respective brands. Nineteen-year Royal Caribbean executive, Adam Goldstein, president of Royal Caribbean International since 2005, becomes president and CEO of that brand, and eight-year Royal Caribbean and Celebrity Cruises veteran, Dan Hanrahan, president of Celebrity Cruises since 2005, adds CEO to his title as well. Both officers will continue to report to Royal Caribbean Cruises Ltd. Chairman and CEO Richard D. Fain, and both changes are effective immediately.
Royal Caribbean Cruises Ltd. is ramping up its commitment to growing the South America cruise market with the official opening of a new office in Sao Paulo, Brazil, the first Royal Caribbean company-owned office in the region. The event was marked on August 6 by a formal visit by Royal Caribbean International President and CEO, Adam Goldstein, highlighting Brazil as a key region earmarked for both investment and growth.
The Board of Directors of Royal Caribbean Cruises Ltd. has declared a quarterly dividend of 13 cents per share for shareholders of record at the close of business on June 4, 2003, payable on June 27, 2003. This is the 39th consecutive quarter Royal Caribbean's Board of Directors has voted to declare a dividend to shareholders.
Royal Caribbean is pushing back to late June final decisions on building two new 2,100-passenger ships costing about $500 million each. The move by Royal Caribbean, which is based in Miami and has a 19-ship fleet, comes amid a dramatic expansion of cruise ship fleets. The industry last year added 11 percent to passenger capacity and is scheduled to add 55 ships over the next four years. Royal Caribbean announced on Tuesday that the Meyer Werft shipyard in Papenburg, Germany
Royal Caribbean International announced that Nordic Empress would delay its return to Philadelphia from Bermuda due to a storm that hit Bermuda Thursday night with wind gusts of 80 miles per hour. Royal Caribbean also canceled the next Nordic Empress sailing, scheduled to depart Sunday, October 14. Nordic Empress was docked at Bermuda's West End when the storm struck. Because of continuing high winds and rough seas, the decision was
STX Finland is now lobbying the Finnish government on behalf of Royal Caribbean in a bid to get contract for third 'Oasis-class' cruise ship. A loan would help facilitate a deal to avoid Royal Caribbean building its third Oasis-class cruise ship in Germany or France. STX Finland's chief operating officer Jari Anttila commented on the importance of getting a deal done, "We have asked the government to reconsider the financial settlement."
Royal Caribbean Cruises Ltd. has received an indictment from a grand jury in Los Angeles for presenting false oil record books on Nordic Prince in 1994. The company said in a statement it pled guilty to, and apologized for, similar charges covering the same time period in a settlement last year involving Nordic Prince and other Royal Caribbean ships. At that time, Royal Caribbean paid a nine million dollar fine to the government.
Alaska filed a civil suit on Aug. 13 against Royal Caribbean Cruises, accusing the company of dumping oil and other hazardous wastes into state waters after the firm pleaded guilty to federal criminal pollution charges. Royal Caribbean pleaded guilty last month and was fined $18 million for 21 felony counts of violating federal water pollution laws in areas ranging from the Caribbean to Alaska’s Inside Passage. Attorney General Bruce Botelho said the state filed a civil case in Superior
HYDROXYL Systems has been working closely with Royal Caribbean to facilitate their environmental mandate for wastewater treatment on the Vision of the Seas with a HYDROXYL CLEANSEA(R) system. Royal Caribbean's Vision of the Seas has been equipped with a HYDROXYL CLEANSEA(R) system. The CLEANSEA(R) system has been in successful operation during the 2002 Alaska season and in the process established a series of “firsts”.
Royal Caribbean Cruises Ltd. has selected Brazilian cruise industry veteran Ricardo Amaral as managing director of its operations in Brazil. In the newly created position, Amaral will oversee all commercial and operational activities for three of the company's brands, Royal Caribbean International, Celebrity Cruises and Azamara Cruises. Amaral will assume his new position in January. Amaral has 17 years of experience in the cruise industry
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
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
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.
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
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
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
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 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
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
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
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
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
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 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
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.