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Stock Market & Financial Investment News

News Breaks
May 9, 2014
05:49 EDTRCLRoyal Caribbean orders fourth Oasis-class vessel
Royal Caribbean announced that it has agreed with STX France to move forward on the order of a fourth Oasis-class ship for delivery in 2018. The order is subject to documentation and satisfaction of financing and other customary conditions. Projected capital expenditures for 2014, 2015, 2016, 2017 and 2018 are $1.4B, $1.4B, $2.2B, $300M and $1.5B, respectively, taking into account this order and existing ship orders.
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March 2, 2015
05:27 EDTRCLRoyal Caribbean to sell Splendour of the Seas
Royal Caribbean announced that it has entered into an agreement to sell its cruise ship Splendour of the Seas to TUI Cruises in 2Q16. The ship will then be leased to Thomson Cruises, which will operate the vessel. Splendour of the Seas will complete all scheduled open deployment, and no sailings will be altered or disrupted due to the sale. Her final sailing will commence on April 4, 2016, and all officers and crew will remain with the company and will be transferred to other vessels worldwide after the ship leaves the Royal Caribbean International fleet.
February 24, 2015
17:20 EDTRCLRoyal Caribbean files automatic mixed securities shelf
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