Royal Caribbean Adds Ultra-Luxury Cruises with $1 Billion Stake in Silversea

by Aishwarya Venugopal (Reuters) - Royal Caribbean Cruises said on Thursday it would buy a 66.7 percent stake in privately owned Silversea Cruises for about $1 billion to add ultra-luxury and expedition cruises to its fleet. Silversea Cruises, which has nine ships, sails to destinations including Antarctica, the Arctic and Greenland, with most of its tickets selling for more … [Read more...]

STX France Delivers World’s Largest Cruise Ship to Royal Caribbean

The world’s largest cruise ship was delivered to Royal Caribbean International on Friday by STX France at their Saint-Nazaire, France. Symphony of the Seas, Royal Caribbean’s fourth Oasis-class vessel, is 228,081 gross registered tons and measures 362 meters long by 66 meters wide and 70 meters high.  The vessel has capacity for 6,800 passengers and 2,000 crew in … [Read more...]

Evacuees Leave Puerto Rico by Cruise Ship

By Robin Respaut and Dave Graham SAN JUAN, Puerto Rico, Sept 28 (Reuters) - Thousands of people lined up at San Juan harbor on Thursday to board a cruise ship that will take them from Puerto Rico to the U.S. mainland in one of the largest evacuations since Hurricane Maria slammed Puerto Rico more than a week ago. Maria, which came ashore as the strongest storm to hit … [Read more...]

Cruise Stocks Sink Ahead Of Irma

By Christopher Palmeri (Bloomberg) Carnival, Royal Caribbean, and Norwegian Cruise Line all tumbled in Tuesday trading as Hurricane Irma threatened to do to the hub of the cruise industry what Harvey did to the nation’s oil and gas capital last week. Hurricane Irma, a Category 5 storm, is on a path that could take it through the heart of the Caribbean, bringing winds of as … [Read more...]

Royal Caribbean Jettisons Balconies And Adopts RFID Tracking In New Celebrity Edge Class Design

by Nikki Ekstein (Bloomberg) Richard Fain, the chief executive officer of Royal Caribbean Cruises Ltd., is willing to bet $5 billion that he can take everything you know about cruising and flip it upside down. Or at least outside in. On Monday, he and Lisa Lutoff-Perlo, CEO of Celebrity Cruises—one of three brands in the Royal Caribbean family—announced a new class of ship … [Read more...]