Royal Carribbean Orders Third Oasis_Class Vessel
Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL) recently executed a contract with STX France to construct a third Oasis-class vessel for delivery in mid-2016.
"As the cruise line that revolutionized the industry with the Flow Rider 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," said Adam Goldstein, President and Chief Executive Officer of Royal Caribbean International.
"STX France is proud to partner with Royal Caribbean again and continue our decades-long relationship by building the third Oasis-class ship," said Laurent Castaing, Chief Executive Officer of STX France. "Royal Caribbean has always been an important part of our shipyard's success, and we are delighted to add this highly innovative and spectacular ship to the list of vessels we have built together." The new build contract includes the transfer of Pullmantur's Atlantic Star as part of the consideration.
Additionally, STX France has also provided the company with a one-year option for the mid-year 2018 delivery of a fourth Oasis-class vessel at similar pricing. Including the recent contract and existing ship orders, projected capital expenditures for 2012, 2013, 2014, 2015 and 2016 are $1.3 billion, $700 million, $1.2 billion, $1.2 billion and $1.3 billion, respectively.
With the success of the Oasis-class ships, Royal Caribbean International is currently undergoing a fleet wide revitalization program to bring the latest innovations and the highest guest-rated programs from Oasis of the Seas and Allure of the Seas to the cruise line's ships across the fleet.
Oasis of the Seas and Allure of the Seas are the largest and most revolutionary cruise ships in the world. Architectural marvels at sea, they span 16 decks, encompass 225,282 gross registered tons, carrying 5,400 guests at double occupancy, and feature 2,700 staterooms.
Oasis of the Seas and Allure of the Seas debuted in November 2009 and November 2010 respectively, introducing a range of unique industry "firsts" and engineering marvels including a neighborhood concept - seven themed areas providing guests with the opportunity to seek out relevant experiences based on their personal style, preference or mood.Within these seven neighborhoods - Central Park, Boardwalk, the Royal Promenade, Pool and Sports Zone, Vitality at Sea Spa and Fitness Center, Entertainment Place and Youth Zone - are extraordinary elements such as the first park at sea, a thrilling zip line that races diagonally nine- decks above an open-air atrium, an original handcrafted carousel, 28 multilevel urban-style loft suites boasting floor-to-ceiling windows, an aquatic amphitheater - called the AquaTheater that serves as a pool by day and a dazzling ocean front theater by night; and an array of epicurean innovations that allow for new culinary experiences each day of a guest's cruise vacation.
About TIRUN Travel Marketing
TIRUN Travel Marketing is the India Representative for Royal Caribbean Cruises Ltd. and the 3 brands within their fold namely, Royal Caribbean International, Celebrity Cruises and AzamaraClub Cruises. Celebrating 20 years in partnership in 2013, the relationship dates back to 1993, when together, TIRUN and Royal Caribbean pioneered the concept of a cruise vacation in India. TIRUN Travel Marketing is head-quartered in New Delhi with a network of 5 offices throughout India including, Mumbai, Ahmedabad, Bangalore, Chennai and New Delhi and provides marketing,sales distribution and reservation services to the brands it represents on an exclusive basis.Additional information can be found on www.royalcaribbean.in
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