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Royal Caribbean gets new CFO as veteran departs
TransportThe top finance job at Miami-based Royal Caribbean Cruises is in new hands. The world’s second-largest cruise ship company announced Thursday that Brian Rice, who is retiring in spring of 2014, would no longer serve as chief financial officer, a job he has held since 2006. With 24 years at the company, Rice will remain [...]
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Sen. Rockefeller puts more pressure on the cruise industry’s safety practices
TransportThe cruise lines’ least-favorite pen pal, Senator Jay Rockefeller, is at it again: He fired off letters to the CEOs of Carnival Corp., Royal Caribbean, and Norwegian Cruise Line, pressing them on their cruise lines’ safety records and practices. Citing the structure of the cruise industry, with companies technically headquartered outside the U.S., the prevalence [...]
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Alaska’s first cruise season with tougher emissions laws begins now
TransportMore than 1 million cruise ship passengers are expected to visit Alaska this year, but industry officials fear new fuel standards intended to limit pollution from large ships could drive vessels away and lower that number later. This will be the first full cruise season in Alaska under rules that require cargo carriers and cruise [...]
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Royal Caribbean first quarter profit jumps as passengers spent more on booze
TransportRoyal Caribbean Cruises Ltd., the world’s second largest cruise line, posted a 62 percent jump in first-quarter profit as ticket revenue rose and passengers spent more on drinks, spa treatments and other extras. The results beat Wall Street expectations and sent shares up more than 7 percent in morning trading to $36.86. During the same [...]
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Royal Caribbean’s new ship: Skydiving, bumper cars and virtual balconies
TransportCruise ship surfing and rock-climbing walls are so last decade. At an event in New York City Tuesday, Miami-based Royal Caribbean International unveiled the offerings aboard its next new ship, Quantum of the Seas, which includes activities designed to appeal to thrill-seekers and scaredy-cats alike. The ship launches in fall of 2014. Brand new to [...]
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Royal Caribbean sends the world’s largest cruise ship to European waters
TransportOne of the world’s largest cruise ships is going on a European vacation. But the 5,400-passenger Oasis of the Seas, which has sailed from Fort Lauderdale since late 2009, won’t be gone for long. Royal Caribbean International said Wednesday that the ship will depart Fort Lauderdale for a 12-night trip to Barcelona on Sept. 1, [...]
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Royal Caribbean reveals new Quantum Class of ships expected to sail in 2014
TransportMax Planck, Niels Bohr and Erwin Schridinger walk into a bar…on a cruise ship…built by Royal Caribbean. And its name is obviously what? Quantum of the Seas. OK, so for those not familiar with the fathers of quantum physics, how about this: James Bond might find some solace on the high seas come fall 2014 [...]
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Royal Caribbean feeling impact of China-Japan territorial dispute
DestinationsRoyal Caribbean Cruises Ltd. pointed to Australia and China as regions that are performing well, but an official noted that in June the line will be eliminating almost all Japanese port calls from Shanghai and Tianjin, China. Normally sailings from Shanghai and Tianjin head to destinations in Japan and South Korea, but the territorial dispute between [...]
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Royal Caribbean’s 2012 demand in Alaska and the Caribbean offset continual European lag
TransportRoyal Caribbean Cruises Ltd., the world’s second-largest cruise operator, on Monday said that strong U.S. demand and a jump in bookings so far this year would mitigate lingering weakness in Europe in 2013. The cruise operator expects net yields, which reflect revenue from passenger tickets as well as what customers spend while on board, to [...]
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City-at-sea concept is validated as Royal Caribbean orders a third Oasis-class vessel
TransportU.S., Dec. 27 — Royal Caribbean Cruises Ltd. announced today 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 t…
