RCL to Transfer Sovereign of the Seas

Royal Caribbean Cruises Ltd. said that Royal Caribbean International's Sovereign of the Seas will be reassigned to the company's Pullmantur fleet, and the Los Angeles-based Monarch of the Seas will assume Sovereign of the Seas' sailings out of Port Canaveral. These changes will take place in October and November 2008.

"We are fortunate that our mix of brands allows us the flexibility and opportunity to expand in key strategic markets and to diversify in existing ones," said Royal Caribbean International President and CEO Adam Goldstein.

Sovereign of the Seas' last scheduled sailing for Royal Caribbean International will be on October 31, 2008. Two subsequent cruises, scheduled for November 3 and 7, will be canceled, and guests booked on those cruises will receive a full refund and an onboard credit for rebooking an earlier Sovereign of the Seas sailing during 2008 (excluding holidays).