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Royal Caribbean calls third Oasis-class ship "a rumor"

In:
05Oct2012

We reported on Wednesday that a newspaper in Finland claims Royal Caribbean was getting ready to order a third Oasis-class cruise ship from STX Finland's Turku Shipyard.

Royal Caribbean spokeswoman Cynthia Martinez responded to the report by saying, "It's a rumor.  We don't comment on rumors."

Martinez also added to a request by USA Today, "As we have done in the past, if/when we have something to announce, we will do so through an official company press release."

The rumored ship order stipulates that Royal Caribbean is looking for financial assistance from the Finnish government to help pay for the ship order.

If the rumor proves to be true, the third ship would be sister to Oasis and Allure of the Seas.  It would also be the third ship Royal Caribbean currently has on order, with two other smaller ships known as "Project Sunshine" under construction in Germany.

Royal Caribbean to order a third Oasis class ship?

In:
03Oct2012

Finnish newspaper Turun Sanomat is reporting that STX Finland's Turku Shipyard is possibly close to receiving a contract from Royal Caribbean to build a third Oasis-class ship.  This would be the sister ship to Oasis of the Seas and Allure of the Seas.

The possible 1 billion Euro order hinges on if the Finnish government is willing to offer export credit construction financing. The newspaper reports the matter will be discussed at a meeting on Thursday of the Finnish Cabinet Committee on Economic Policy.

Royal Caribbean already has two other smaller ships on order, known as Sunshine Class, from a shipyard in Germany.

Royal Caribbean chairman hints at new ship order possible

In:
30Jul2012

During the Royal Caribbean second quarter 2012 financial results conference call, Royal Caribbean chairman hinted at the possibility that Royal Caribbean could order a new ship for either Royal Caribbean or its sister company, Celebrity Cruises.

Royal Caribbean Chairman Richard Fain spoke about the possibility, "We clearly are looking at that sort of thing. "I think what we're looking at is, we see that even in this market, we could get some very attractive returns from some of our vessels that have performed well."

"From 2012 through 2016, our berth capacity growth is less than 3%, and in fact, we don't have any ship deliveries in 2013 at all," he said. "But as we said before, we also can't stagnate. Given the long lead time for a new vessel, we're approaching the point where a new order could not be delivered until the middle to late 2016, by which time, we will be enjoying much better profitability and much improved credit metrics."

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