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Royal Caribbean

Royal Caribbean Declares Dividend

The Board of Directors of Royal Caribbean Cruises Ltd. has declared a quarterly dividend of $.13 per share for shareholders of record at the close of business on December 19, 2000, payable on December 29, 2000. This is the 29th consecutive quarter Royal Caribbean's Board of Directors has voted to declare a dividend to shareholders.


Royal Caribbean Declares Dividend

The Board of Directors of Royal Caribbean Cruises Ltd. has declared a quarterly dividend of 15 cents per share for shareholders of record at the close of business on December 16, 2005, payable on December 29, 2005. This is the 49th consecutive quarter Royal Caribbean's Board of Directors has voted to declare a dividend to shareholders.


Royal Caribbean Cuts Steel, Names Ships

The steel cutting took place at the Meyer Werft shipyard in Papenburg, Germany, where the two ships will be built. Pictured here are (from left to right) Jan Meyer, Managing Partner, Meyer Werft and Harri Kulovaara, EVP, Newbuild and Design, Royal Caribbean International.

Cruise Line Celebrates Project Sunshine milestone, Steel Cutting and Reveals Names of Newest Ships.    Royal Caribbean International took a major step this week in the development of the cruise line’s next generation of cruise ships when the first piece of steel was cut for the first of two Project Sunshine ships. The steel cutting took place at the Meyer Werft shipyard in Papenburg, Germany, where the two ships will be built.  


Royal Caribbean Fined $6.5 Million For Spill

Royal Caribbean Cruises Ltd., the world's second-largest passenger cruise line, was fined $6.5 million on Oct. 21 for dumping oily bilge water and other pollutants into Alaskan waters. "I find the circumstances of this case truly egregious," U.S. District Judge John Sedwick said in handing down the sentence. "What happened is inexcusable. A company this big, with this many resources, should be able to avoid, to weed out the kind of behavior that occurred here."


Royal Caribbean Disappointed Over EU’s Merger Decision

Royal Caribbean Cruises Ltd. expressed disappointment over the clearance by the EU Commission of Carnival Corporation's hostile bid for P & O Princess Cruises. Chairman and chief executive Richard Fain said he was also surprised at the outcome, which accorded neither with Royal Caribbean's own analysis of the cruise industry in Europe nor with earlier reports of the EU inquiry's own findings. With almost four weeks remaining in the legally scheduled timetable for the enquiry


RC Receives Extension on Options for Radiance-Class Ships

Royal Caribbean Cruises Ltd. announced it has deferred options to purchase a fifth and sixth Radiance-class ship. The options involve ships scheduled for deliveries in 2005 and 2006. Royal Caribbean and Meyer Werft shipyard, of Papenburg, Germany, builder of the Radiance-class ships, agreed to extend the options to September 19, 2003. Under the terms of the extension, Meyer Werft has the ability to terminate the options upon giving adequate advance notice to Royal


Sovereign Of The Seas Docks In Fort Lauderdale After Partial Power Loss

The Royal Caribbean International cruise ship Sovereign of the Seas made an unscheduled stop at Port Everglades in Fort Lauderdale, Fla., this morning, to end its cruise due to a partial loss of electrical power at approximately last night. The ship was scheduled to terminate its cruise at 9 a.m. this morning in Port Canaveral. "All of our guests and crew are safe and comfortable," said Jack Williams, president of Royal Caribbean International


Williams Named President and Chief Operating Officer Of Royal Caribbean and Celebrity Cruises

Royal Caribbean Cruises Ltd. named Jack Williams president and chief operating officer of Royal Caribbean International and Celebrity Cruises. In his new role, Williams, previously president of Royal Caribbean International, will manage the day-to-day operations of both cruise lines. The two lines will continue to operate independently under Williams. Williams' appointment follows an earlier announcement that respected cruise veteran Richard Sasso, president of Celebrity Cruises


P&O Princess Rejects Carnival’s Offer

The Board of P&O Princess states that, at the end of last week, Carnival conveyed its interest in a possible transaction with P&O Princess. Carnival's proposal is subject to several pre-conditions including regulatory approval and financing. After consider Carnival's proposal and reviewed it with its financial and legal advisors. Based on this review, the board has concluded that the proposed dual listed company transaction with Royal Caribbean remains the most attractive alternative for


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


Smart-Ship 'Quantum of the Seas' Readies

Quantum of the Seas: Rendering courtesy of RCC Ltd.

Tech-savvy modern travelers will be wowed by Royal Caribbean International's newest ship, 'Quantum of the Seas', which incorporates unprecedented levels of technology to amp up the vacation experience, say owners Royal Caribbean Cruises Ltd.


Royal Caribbean's Revitalization on 'Voyager of the Seas'

Voyager of the Seas

  Breaking surf-report: a wave unlike any other is due to hit Australian shores this summer when the newly revamped Voyager of the Seas arrives for her cruising season starting this November. A multimillion-dollar investment will see Australia’s largest ship packed with even more


TUI Cruises Expands to Six Ships by 2017

Credit  - TUI Cruises

TUI AG and Royal Caribbean Cruises are substantiating their expansions plans for their joint venture TUI Cruises. The Mein Schiff fleet shall grow from now three to six ships and then 14,000 beds by 2017. TUI Cruises is strengthening its already sound and dynamic position in the German cruise


TUI Cruises Orders Two Ships, Cruise Demand Up

TUI Cruises, a unit of TUI AG , is ordering two more cruise ships for its Cruises unit to reflect high demand for cruise holidays in Germany and Europe. The new ships will be delivered in 2016 and 2017 and will take the fleet of TUI Cruises to six ships, the company said on Monday.


Royal Caribbean Profit Jumps on Higher European Demand

Oasis of the Seas (Photo courtesy of Royal Caribbean International)

Royal Caribbean Cruises Ltd's quarterly profit beat analysts' average estimate as demand for its European and Chinese cruises increased and passengers spent more on board, helping it raise its full-year profit forecast. Shares of the world's second-largest cruise operator rose as much as 9


Google Street View Climbs Aboard Allure of the Seas

Screenshot of Google Street View aboard Royal Caribbeans Allure of the Seas

Royal Caribbean International claims it is changing the way people plan vacations by working with Google to be the first cruise line to launch Google Maps Business View using Google’s Street View technology onboard the cruise ship Allure of the Seas.


Cruise Lines Spend Big, Get Quirky to Lure Chinese Travellers

Looking to convince Chinese tourists that a ship can be a holiday destination and not just a way to get there, the world's leading cruise lines are spending billions of dollars on flashy new vessels and quirky on-board services. Carnival Corp and Royal Caribbean Cruises Ltd are trying to pique


Carnival's Profit Forecast Down

Carnival Spirit (Photo courtesy of Carnival)

Carnival Corp, the world's largest cruise operator, forecast an adjusted profit below market estimates for the current quarter, blaming increased competition in the Caribbean. Shares of the company, which operates the Carnival, Holland America and Costa cruise lines, fell as much as 3 percent


ABB RoboScreens for Royal Caribbean's Quantum Class

Six ABB RoboScreens attached to six industrial robots help Royal Caribbean boost onboard entertainment capacity (Photo: ABB)

Six 100” video screens attached to six industrial robots help cruise ship operator expand onboard entertainment and amenities possibilities As Royal Caribbean designed its new Quantum Class cruise ships, a key initiative was to enhance onboard entertainment and amenities


Caribbean Cruises Inks Long Term Support Deal

Oasis of the Seas: Photo Wärtsilä

Wärtsilä has signed a ten-year maintenance and technical support agreement with Royal Caribbean Cruises Ltd (RCL), which includes a sub-contract with ABB Turbocharging: the service agreement covers 142 Wärtsilä engines and 170 ABB turbochargers in 36 vessels (32 already in


Royal Caribbean to Develop Cape Liberty Cruise Port

Photo courtesy of RCCL

Royal Caribbean Cruises Ltd. has announced that it has entered into an agreement with The Port Authority of New York and New Jersey for the cruise company to develop the next phase of Cape Liberty Cruise Port in Bayonne, N.J. The $55 million project will include the construction of a new


Global Ocean Trade Shipbuilding Orders

File image

Another relatively quiet week with no reports of new shipbuilding orders in either the dry bulk and tankship markets, remarks Clarkson Hellas in its latest S&P Weekly Bulletiln. Gas carriers Odfjell Gas Carriers declared their options for four 22


Cruise Ship Data to Assist Ocean Scientists

Celebrity Equinox (photo courtesy Celebrity Cruises)

Celebrity Equinox becomes third Royal Caribbean Cruises Ltd. vessel to feature technology that helps scientists understand effects of climate change Last week, as Celebrity Cruises’ Celebrity Equinox completed its scheduled drydock in Cadiz, Spain


Royal Caribbean Orders Fourth Oasis-Class Vessel

Royal Caribbean Cruises Ltd.’s Chairman and Chief Executive Officer Richard D. Fain

Announcement Made as STX France Lays Keel for Third Oasis-Class Ship. Royal Caribbean Cruises Ltd. announced today that it has agreed with STX France to move forward on the order of a fourth Oasis-class ship for delivery in 2018. Royal Caribbean Cruises Ltd


Royal Caribbean Profit Plunge

Royal Caribbean Cruises Ltd, the world's second-largest cruise operator, said its quarterly profit fell by two-thirds as costs rose and six cruises were canceled or shortened due to several mishaps. Shares of the company, whose cruise lines include Royal Caribbean International






 
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