Royal Caribbean orders mega cruise liner

Royal Caribbean International, a subsidiary of Norwegian-American global cruise company, Royal Caribbean Cruises Ltd (NYSE:RCL, OSE:RCL), has ordered a third Oasis-class ship that is to be built in France.

The new vessel is to be built at STX France’s St. Nazaire shipyard and be delivered by mid-2016, and the company has an option for a fourth vessel with a 2018 delivery.

The Oasis-class vessels are 225,282 tons, have 16 decks and 2,700 staterooms to accommodate 5,400 passengers. Like its two sister ships in the Royal Caribbean fleet, the Oasis of the Seas and the Allure of the Seas, the new ship is expected to have twelve or more restaurants, four swimming pools, tree-lined promenades and a wide range of leisure activities to suit all age groups.

The chairman of Royal Caribbean, Richard Fain, said, ‘The Oasis of the Seas and Allure of the Seas have fundamentally transformed the cruise experience for our guests. These ships have consistently generated outstanding guest satisfaction ratings and continue to produce superior financial results. We are thrilled to be adding a sister to this extraordinary class of vessels at a compelling price. Being back building in France just adds to the pleasure.’

The company’s president and chief executive, Adam Goldstein, commented, ‘As the cruise line that revolutionised the industry with the FlowRider surf simulator, ice-skating rinks, cantilevered whirlpools and rock climbing walls, we are eager to add this third award winning Oasis-class ship to our brand portfolio. This addition will allow us to showcase our legacy of innovation and imagination to even more guests around the world.’

Royal Caribbean’s existing vessels sail from Port Everglades, Ft. Lauderdale, Florida, on a weekly basis.