Marine Link
Friday, December 15, 2017

Royal Caribbean Cruises Ltd Asa News

Gastro Outbreak on Ovation of the Seas

Ovation of the Seas (File photo: Royal Caribbean)

A gastro outbreak has affected nearly 200 passengers aboard one of the world’s largest cruise ships, Ovation of the Seas. The 168,666 GT cruise liner docked in Hobart on December 5 following a 14-night cruise from Singapore. Over the two weeks, 195 cases of gastro-intestinal illness were reported, the ship’s owner Royal Caribbean said in a statement. There are 5,824 people on board, including guests and crew. “Those affected by the short-lived illness were treated by our ship’s doctors with over-the-counter medication,” Royal Caribbean said.

RCL Names Goldstein, Hanrahan President/CEO of Cruise Brands

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.

S&P Puts Royal Caribbean-Related Deals on CreditWatch Positive

Standard & Poor's placed its double-'B'-plus ratings on class A-1 of two synthetic transactions linked to Royal Caribbean Cruises Ltd. on CreditWatch with positive implications. The CreditWatch placements are a result the Nov. 20, 2001 announcement that Royal Caribbean Cruises Ltd. has agreed upon a merger of equals with P&O Princess Cruises PLC. The CreditWatch placement reflects the possibility that Royal Caribbean Cruises Ltd. could benefit from the combined entity's comparatively stronger debt protection measurements. The two deals are swap-independent synthetic transactions that are weak-linked to the underlying collateral, Royal Caribbean Cruises Ltd. debt. The CreditWatch placements reflect the credit quality of the underlying securities issued by Royal Caribbean Cruises Ltd.

Royal Caribbean Opens Sao Paulo Office

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 cruise market in Brazil is one of the fastest growing in the world, and with increased investment and commitment, we aim to accelerate this trend” said Goldstein. The new Royal Caribbean Cruises Ltd. office, located in Sao Paulo…

Royal Caribbean Anchors In Asia

Royal Caribbean Cruises Ltd. announced the opening in Singapore of its Asia-Pacific headquarters - Royal Caribbean Cruises (Asia) Pte. Ltd. The regional headquarters, which is located in Singapore's central business district, will support the marketing efforts in the Asia-Pacific region for three of the company's cruise brands: Royal Caribbean International, Celebrity Cruises and Azamara Cruises. Headed by Rama Rebbapragada, managing director for Asia Pacific, the office also will provide sales and trade support in the region. With the number of cruise guests sailing in the Asia-Pacific region projected to grow by more than 40 percent, from 1.07 million in 2005 to 1.5 million by 2010, the opening of Royal Caribbean's Asia-Pacific regional office is strategically timed.

SEMBCORP MARINE’S SEMBAWANG SHIPYARD TO REVITALISE 'VOYAGER OF THE SEAS'

Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard has secured an agreement with RCL Cruises Ltd., a member of the Royal Caribbean Cruises Ltd. group, to perform the extensive revitalisation of Royal Caribbean International’s 137,276-gross tonnage, passenger-ship 'Voyager of the Seas'. Royal Caribbean Cruises Ltd. is a global cruise vacation company that owns Royal Caribbean International, among other cruise brands. This milestone revitalisation contract will further boost Singapore’s status as a major Asian cruise hub and reinforce Sembawang Shipyard’s reputation as one of the world’s leading shipyards in the highly specialised segment of cruise ships repair, refurbishment and conversion. Mr. P.K.

MMA Grant from Royal Caribbean Cruises

Massachusetts Maritime Academy (MMA) is pleased to announce that its Marine Safety and Environmental Protection program has received a $25,000 marine conservation grant from Royal Caribbean Cruises Ltd’s Ocean Fund for a second year in a row. The Academy will use its award to underwrite cooperative education opportunities in training five future maritime safety and environmental officers. On their way to becoming future stewards of our oceans, these cadets will spend their cooperative program aboard cruise ships and commercial ships as assistants to the environmental officers. “We are proud to continue our collaborations with the Academy’s cooperative training program for maritime safety and environmental officers. Royal Caribbean Cruises Ltd.

Royal Caribbean to Sell Splendour of the Seas

Photo courtesy of RCL

Royal Caribbean Cruises Ltd. announced that it has entered into an agreement to sell its cruise ship Splendour of the Seas to TUI Cruises in the second quarter of 2016. The ship will then be leased to Thomson Cruises, which will operate the vessel. Richard D. Splendour of the Seas will complete all scheduled open deployment, and no sailings will be altered or disrupted due to the sale. Her final sailing will commence on April 4, 2016, and all officers and crew will remain with…

Royal Caribbean - Amaral Dir. Brazil Ops

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, which includes working for leading cruise companies as their local representative and head of their marketing and sales operations in Brazil. For the past nine years, Amaral has worked as the director of Marketing and Sales for Sun and Sea Representacoes, the company that has represented Royal Caribbean Cruises Ltd. in Brazil for 21 years.

Singapore's Sembcorp Marine Becomes RCL Favoured Shipyard

Sembcorp's Sembawang Shipyard gets ship repair Favoured Customer Contract (FCC) from Royal Caribbean Cruises Ltd. (RCL). The contract, signed in Miami, Florida, USA, by Mr. Kevin Douglas, Vice President of Technical Projects and Newbuildings for Royal Caribbean Cruises Ltd., Mr. Svein Taklo, Vice President, Marine Operations for Royal Caribbean International, and Ms. Wong Lee- Lin, Executive Director, Sembawang Shipyard, commits the repairs, revitalisation and upgrading of its fleet of passenger ships cruising in the Singapore region to Sembawang Shipyard. Royal Caribbean is a global cruise vacation company that operates Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Cruises and CDF Croisières de France.

Bayley Tapped as President, CEO Celebrity Cruises

Royal Caribbean Cruises, Ltd. said that Michael Bayley has been promoted to President and CEO of Celebrity Cruises, replacing Dan Hanrahan, whose departure was recently announced. Bayley will report directly to Richard D. Fain, Chairman and CEO of Royal Caribbean Cruises, Ltd. Bayley has been with Royal Caribbean for over 30 years, most recently as Executive Vice President of Operations. Prior to this role, Bayley served as Executive Vice President — International, where he oversaw the international expansion for the company. “In his role as Executive Vice President — International, Michael successfully spearheaded our aggressive expansion efforts into emerging and high-growth markets, and most recently has overseen all Operations for Royal Caribbean International,” said Fain.

Royal Caribbean Cruises Finalizes Pullmantur Purchase

Royal Caribbean Cruises Ltd. has completed its purchase of Madrid-based cruise and tour operator Pullmantur S.A. Closing documents were signed today in Madrid. In August, Royal Caribbean Cruises Ltd. signed an agreement with Pullmantur’s shareholders to buy all the company’s capital stock. Last month, the company received regulatory approval for the acquisition.

Royal Caribbean Faces Lawsuits over Storm-battered Cruise Ship

Anthem of the Seas (File photo: Royal Caribbean Cruises, Ltd.)

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. District Court in Miami claim that Royal Caribbean knew, or should have known, that a coastal storm carrying hurricane-force winds had been forecast before the ship set sail from Cape Liberty, New Jersey on Feb. 6 for a scheduled seven-night cruise to the Bahamas.

Royal Caribbean Wins Marine Environment Protection Award

At the North American Marine Environment Protection Association’s annual Awards dinner, Royal Caribbean Cruises, Ltd. (which includes Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises), the world’s second largest cruise company, was the recipient of NAMEPA’s 2011 Marine Environment Protection Award. The award was presented following NAMEPA’s seminar on Corporate Risk Management, which focussed on the need of the maritime industry to evaluate risk in a challenging operating environment. "It is an honor to be recognized by NAMEPA for our commitment to protect, conserve and support the environment. This award is for all the many Royal Caribbean Cruises, Ltd.

Another Megaship to Join Royal Caribbean Cruise Fleet

Anthem of the Seas passes newly enhanced Explorer of the Seas as she departs on her maiden voyage from Southampton, UK. Photo: Royal Caribbean Cruises Ltd

Royal Caribbean has ordered a fourth ship for its Quantum Class family of ships from Meyer Werft. The ship will be delivered in 2019. With two Quantum-class vessels already delivered and a third under construction, Royal Caribbean Cruises on Thursday announced plans to order a fourth. The Miami-based cruise ship company said it had entered into an agreement with the Meyer Werft shipyard in Germany to build the 4,180-passenger vessel. The sister ship to Quantum and Anthem of the Seas will be delivered in 2019…

Royal Caribbean Responds to Referral Decision

Royal Caribbean Cruises Ltd., was notified of the decision by the Secretary of State for Trade and Industry to refer its proposed merger with P&O Princess to the Competition Commission for further review. Royal Caribbean believes strongly that the proposed merger will deliver significant consumer benefits, as well as shareholder value. Richard Fain, Chairman and Chief Executive of Royal Caribbean, said: "We have never taken regulatory approval for granted. This referral in no way detracts from our determination to complete the merger on the agreed timetable". Goldman Sachs International and Cazenove & Co. will not be responsible to anyone other than Royal Caribbean for providing the protections afforded to customers of Goldman Sachs International and Cazenove & Co.

O3b Networks to Install System in 'Oasis of the Seas'

Photo credit Wikipedia CCL Baldwin 040

O3b Networks announces a multi-year, multi-million dollar agreement with Royal Caribbean Cruises Ltd. to provide high-speed satellite-delivered broadband service aboard the world’s largest cruise ship. By summer 2013, more than 8,000 guests, staff and crew members aboard the cruise industry leader’s flagship Oasis of the Seas – under the Royal Caribbean International brand – will be the first to enjoy O3b’s enhanced connectivity at sea as if connected to fiber at home or in the office. Royal Caribbean Cruises Ltd.

Royal Caribbean Signs LOI for 158,000 GRT Ship

Royal Caribbean Cruises, Ltd. has signed a letter of intent with shipyard Meyer Werft to build the first of a new generation of Royal Caribbean International cruise ships. Developed under the code-name “Project Sunshine,” the new vessel design incorporates new and exciting features that take advantage of the best of Royal Caribbean’s experience and imagination. The project is a result of over a year of dedicated research and development. The order calls for one ship to be delivered in the Fall of 2014 with an option for a second ship for Spring 2015. The 158,000 Gross Registered Tons (GRT) new build will carry just over 4,100 guests based on double occupancy. The estimated all-in cost per berth is about €170,000.

Royal Caribbean Sets Sail for Strong 2017

Harmony of the Seas (Photo: Royal Caribbean International)

Royal Caribbean Cruises Ltd forecast higher-than-expected adjusted earnings for 2017, helped by a strong start to bookings for Caribbean cruises, putting the No. 2 U.S. cruise operator on track to beat its own forecast of doubling profit from 2014. The company's upbeat forecast sent its shares to more than a year high and also lifted rivals Carnival Corp and Norwegian Cruise Line Holdings Ltd. "While trends have been strong from our key sourcing regions, we are particularly encouraged by what we are seeing in North America…

RCI President Apologizes For Alaska Pollution

The president of Royal Caribbean International toured ports of call in Alaska on Friday to apologize in person for the pollution of the state's waters by the cruise line's ships. Royal Caribbean last month agreed to pay a record-high $18 million fine to U.S. authorities for dumping oily bilge and chemical wastes at sea, as well as into U.S. ports and wild waterways. The line plead guilty to 21 felonies, including falsifying logs and lying to the U.S. Coast Guard, and admitted Royal Caribbean ships were rigged with secret bypass pipes, which were used to dump used dry-cleaning chemicals and other waste. The fine, the highest ever assessed by a cruise line for polluting U.S. waters, followed $9 million in fines Royal Caribbean agreed to pay in 1998.

Royal Caribbean Cruises Added to NASDAQ Sustainability Index

Serenade of the Seas: Photo credit RCL

Royal Caribbean Cruises Ltd (RCL) recognized as one of the top 100 companies in the world for its sustainability practices. The NASDAQ OMX CRD Global Sustainability Index is designed to track the performance of companies that are taking a leadership role in sustainability performance reporting. These companies have voluntarily disclosed their carbon footprint, energy usage, water consumption, hazardous and non-hazardous waste, employee safety, workforce diversity, management composition and community investing.

Royal Caribbean Welcomes Merger Clearance from FTC

Royal Caribbean Cruises Ltd. welcomes the decision by the Federal Trade Commission not to object on anti-trust grounds to its plans to merge with P&O Princess Cruises, while noting with regret that the Commission had reached the same decision in respect of the hostile bid for P&O Princess by Carnival Corporation. proposed DLC merger with Royal Caribbean. Richard Fain, chairman and chief executive of Royal Caribbean, said: "We have no doubt that our agreed merger represents a compelling opportunity to create significant value for both P&O Princess shareholders and Royal Caribbean shareholders.

RCCL: Bayley, Lutoff-Perlo take CEO Posts

Michael Bayley

Royal Caribbean Cruises Ltd (NYSE, OSLO: RCL) named two senior company executives to lead the company’s two largest brands. Michael Bayley, who worked his way up from an assistant purser’s position aboard the Nordic Prince, will serve as President and CEO of Royal Caribbean International. Lisa Lutoff-Perlo, whose career at the company began in the New England sales office, will serve as President and CEO of Celebrity Cruises. “This is a happy day for Michael and Lisa, and a proud day for all of us at the company,” said Richard D. Fain, Chairman and CEO of Royal Caribbean Cruises Ltd.

Maritime Reporter Magazine Cover Dec 2017 - The Great Ships of 2017

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