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News Breaks
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%.
News For RCL From The Last 14 Days
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May 22, 2013
06:22 EDTRCLRoyal Caribbean vote has CEO against major holder, Bloomberg reports
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May 21, 2013
09:37 EDTRCLCruise operaters retreat after Carnival cuts earnings guidance
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09:25 EDTRCLOn The Fly: Pre-market Movers
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May 16, 2013
09:59 EDTRCLRoyal Caribbean Vice Chairman, CFO Rice to retire in 2014
Royal Caribbean announced that Brian Rice, Vice Chairman and CFO of Royal Caribbean Cruises, will transition his CFO responsibilities to Jason Liberty as he prepares for his retirement in the spring of 2014. Rice will continue to serve as Vice Chairman until his retirement. In a related move, Jason Liberty has been named the new CFO, effective immediately, and will continue to report to Rice. Liberty joined Royal Caribbean in 2005 and most recently served as Senior Vice President, Strategy and Finance.
May 15, 2013
07:44 EDTRCLRoyal Caribbean price target raised to $44 from $40 at Argus
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