Royal Caribbean Is Granted Extension on Two Ship Option

Wednesday, April 04, 2001
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, had extended to June 27 options on two new Radiance-class ships for the cruise company.

One option was to have expired last month, with the delivery of Radiance of the Seas, now sailing out of south Florida ports before heading to North America's west coast for summer journeys. Another option was to have expired on Monday.

The options on the two ships, which would be the fifth and sixth in the Radiance style, call for delivery in 2005 and 2006. Royal Caribbean is scheduled to take delivery of other Radiance class ships in 2002, 2003 and 2004.

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Cruise Ship Trends

Puerto Rico Readies for Largest Cruise Ships

Thanks to a pier expansion and enhancement, Puerto Rico will welcome the two largest cruise ships in the world, Royal Caribbean International’s Oasis of the Seas and Allure of the Seas, in 2016.

Carnival Sails to Profit

The world's largest cruise company Miami-based Carnival Corp reported a net profit of $49 million, or 6 cents per share in the first quarter ended Feb. 28.   That

Smoke: Cruise Ship Evacuates Passengers

A number of passengers and crew members were evacuated after smoke was spotted billowing from the front section of Carnival Liberty cruise ship docked in the Dutch Caribbean nation of St Maarten.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Ship Electronics Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1768 sec (6 req/sec)