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Unique Cruise Solutions The news you need to know |
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Cruise News for the Corporate Travel Professional |
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RCCL seen planning 4,000 to 4,200 passenger newbuildings for RCI |
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Royal Caribbean Cruises Ltd (RCCL). The world’s second largest
cruise shipping group, could be planning 4,000 to 4,200 passenger newbuildings
as the next generation of ships for its contemporary market Royal Caribbean
International (RCI) brand, Cruise Critic says, citing an analyst report. Tim Conder of Wells Fargo Securities says a key takeaway from an analyst meeting with executives on Allure this week is that the line is likely to order a new vessel early next year for delivery in 2014, . Writing in a research note sent to clients on Tuesday, Conder says the new Royal Caribbean ship is likely to be in the 4,000 to 4,200 berth range, which would make it considerably smaller than the 5,400-passenger Allure of the Seas and its one-year-old sister, Oasis of the Seas. With the delivery of Allure of the Seas, Royal Caribbean currently doesn't have a single vessel on order, a relative rarity for the line. Like its main rival Carnival Corp., Royal Caribbean parent company Royal Caribbean Cruises Ltd. has slowed ordering the past few years after more than a decade of rapid growth, focusing instead on paying down debt and managing through the economic downturn. "We continue to believe (Royal Caribbean) management ... will keep future capacity growth in the 3-5% annual range as the company looks to delever and significantly improve (return on invested capital)," writes Conder. Royal Caribbean Cruises Chairman and CEO Richard Fain has said publicly this year the line doesn't plan to order more Oasis Class ships, despite their huge success in the marketplace. Fain and other executives have hinted the line's next class of ships would be a smaller one capable of sailing to a more diverse range of ports around the globe, the report says. |
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Worldwide Travel & Cruise Assoc., Inc. 150 S. University Dr. Ste E, Plantation, FL 33324 - USA Tel: +1 954 452 8800 Fax: +1 954 252 3945 EMail: sales@cruiseco.com |
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