Marine Link
Sunday, September 25, 2016

Fain To Sell $3.8 M In Company Stock

September 3, 1999

Royal Caribbean Cruises Ltd. chairman and chief executive officer Richard Fain plans to sell about $3.87 million of the company's stock, a Securities and Exchange Commission filing said. Fain, who has held his present position at the second-largest cruise line company since 1988, filed on Aug. 20 to sell 79,714 common shares he received from a stock option exercise, the filing said. A Royal Caribbean official declined to comment on the planned sale. Miami-based Royal Caribbean posted $175.5 million in net income during the first six months of this year, up from $157 million during the same period in 1998.


Maritime Reporter Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News