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.
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.
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 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 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
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
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
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
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
To help get passengers around the ship and find their way, 'Oasis of the Seas' has over 300 digital, interactive signs including maps. Royal Caribbean's Oasis of the Seas was designed with technology in mind to make the ship easier to navigate for the passengers and crew onboard through tools like RFID, facial recognition and handheld wireless devices for a variety of purposes, including emergency responses, food safety, point-of-sale (POS) transactions and passenger service.
The global cruise industry and its fleet of increasingly large, ultra-modern ships is projected to continue its steady growth in 2014, powered by growth overseas, particularly in the German market, as well as the adoption of faster, stronger and generally better satellite communication technology
Rhapsody of the Seas and Splendour of the Seas to Join Allure of the Seas to offer Unmatched Europe Vacations Only Found on Royal Caribbean. For nearly five years, Oasis of the Seas and Allure of the Seas, sister ships that share the title of the world’s largest and most innovative
Ship Features All-New WOWs, Including Royal Caribbean’s First-Ever Virtual Balconies, FlowRider Surf Simulator and New Dining Program. Royal Caribbean International’s Navigator of the Seas is primed to resume year-round service from Galveston, Texas on February 5, 2014
U.S. Centers for Disease Control and Prevention (CDC) have released investigation updates on the cruise ships 'Explorer of the Seas' and 'Caribbean Princess'. 'Explorer of the Seas' During the voyage of the Royal Caribbean Cruise Line ship from January 21-31 2014
The Board of Trustees of the Galveston Wharves has approved a 5 year agreement with Royal Caribbean Cruises Ltd., that will generate a minimum US$1.86-million in annual operating revenues for the Port of Galveston. The Port explains that the agreement requires making improvements to the Port's
Royal Caribbean International (RCI) cruise line has ended the 'Explorer of the Sea's' 10-day trip in the Caribbean early after hundreds of passengers and crew members were sickened with a gastrointestinal illness, thought to be an outbreak of highly contagious norovirius. RCI's statement reads:
Royal Caribbean International’s newly revitalized 2,360-passenger Serenade of the Seas arrives at the Port of New Orleans’ Julia Street Cruise Terminal Dec. 12 to sail weekly itineraries through April. The 965-foot cruise ship was completely refurbished in December 2012 and replaces
ABB, the leading power and automation technology group, won orders worth $180 million in 2013 to deliver complete electrical power plants and propulsion systems for six new cruise liners that include its latest-generation Azipod XO units. The orders make 2013 the best-ever year for ABB in cruise
The second ship, 'Anthem of the Seas', in the new Quantum class will become the most technologically advanced cruise ship ever to be based in Europe, when it is launched in spring 2015, say owners Royal Caribbean International. The ship's first homeport will be Southampton, UK.
Owners, of the giant 'Allure of the Seas', Royal Caribbean International say that a mechanical issue obligates performance of unscheduled repairs to their cruise ship 'Allure of the Seas', and the repairs will take place at Grand Bahama Shipyard, in Freeport, Bahamas, the week of February 24, 2014
Multiple sources reported that Royal Caribbean’s Allure of the Seas, the world’s largest cruise vessel, has encountered difficulties with its propulsion system, impeding full speed capabilities. The ship is reported to be functional, but sailing at reduced speeds.
Royal Caribbean International (RCI) cut the first piece of steel for its third Oasis-class ship, at the STX France Shipyard in Saint Nazarre, marking the first step in the construction of a vessel that, at approximately 227,700 GRT, they say will be the world’s largest cruise ship.
Cruise Shipping Asia-Pacific introduces the inaugural Rama Rebbapragada Award for outstanding contribution to the cruise industry in Asia (Rabbapragrada made a name for himself throughout the cruise industry during his quarter of a century with Royal Caribbean International).
Cruise line, Royal Caribbean International (RCI) has appointed Rear Admiral William D. Baumgartner, U.S. Coast Guard, Retired, as the cruise line’s Senior Vice President of Marine Operations. In his new role, RADM Baumgartner will oversee the global cruise brand’s fleet and
Meyer Werft of Papenburg, Germany has selected Metso DNA for the Integrated Alarm, Monitoring and Control System (IAMCS) to Royal Caribbean Cruises Ltd's new generation of cruise ships referred to as Project Sunshine. The contract is for three vessels of 167