Celebrity's Mechanical Problems Continue

Wednesday, June 06, 2001
Celebrity Cruises is canceling two cruises on Infinity to replace a ball-bearing unit in the ship's starboard propulsion system. The ship must enter drydock to replace the bearing, which will result in the cancellation of its June 8 and June 15 sailings. Both cruises are seven-night roundtrip voyages out of Vancouver. Infinity is expected to return to service on June 22.

"Bearings of this type are highly reliable and a problem such as this is rare," said Richard Sasso, president of Celebrity Cruises. "However, prudence dictates that these repairs be made immediately."

The canceled cruises are expected to have a negative impact on Royal Caribbean Cruises Ltd.'s earnings of $.03 to $.04 per share.

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