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December 27, 2012
16:41 EDTRCLRoyal Caribbean orders third Oasis-class vessel, sees 2012 CapEx $1.3B
Royal Caribbean Cruises announced that it has executed a contract with STX France to construct a third Oasis-class vessel for delivery in mid-2016. This order is consistent with the plan announced by the company in October to build a sister-ship to the Oasis of the Seas and Allure of the Seas. Including this contract and existing ship orders, projected capital expenditures for 2012 are $1.3B, $700M for 2013, $1.2B for 2014, $1.2B for 2015 and $1.3B for 2016. The company's annualized capacity growth rate from 2012 to 2016 remains at a rate of 3.5%.
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April 16, 2014
18:31 EDTRCLRoyal Caribbean's Quantum of the Seas to make home port in China
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