Royal Caribbean Cruises Ltd. RCL 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 to build a
sister-ship to the very successful Oasis of the Seas and Allure of the Seas.
"The Oasis of the Seas and Allure of the Seas have fundamentally transformed
the cruise experience for our guests," said Richard D. Fain, chairman and
chief executive officer of Royal Caribbean Cruises Ltd. "These ships have
consistently generated outstanding guest satisfaction ratings and continue to
produce superior financial results. We are thrilled to be adding a sister to
this extraordinary class of vessels at a compelling price. Being back
building in France just adds to the pleasure."
"STX France is proud to partner with Royal Caribbean again and continue our
decades-long relationship by building the third Oasis-class ship," said
Laurent Castaing, chief executive officer of STX France. "Royal Caribbean has
always been an important part of our shipyard's success, and we are delighted
to add this highly innovative and spectacular ship to the list of vessels we
have built together."
The newbuild contract includes the transfer of Pullmantur's Atlantic Star as
part of the consideration. Additionally, the contract is subject to
satisfaction of financing and other conditions. STX France has also provided
the company with a one-year option for the mid-year 2018 delivery of a fourth
Oasis-class vessel at similar pricing.
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