Royal Caribbean International is seriously looking at ordering a new ship for one of Royal’s brands, Royal Caribbean or Celebrity Cruises.
Earlier today, Richard Fain who is the Chairman & CEO of Royal Caribbean International, hinted at the new ship during a phone call with Wall Street analysts. Mr. Fain was asked about the possibility of a new ship order and he replied saying,
“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.”
At the time, Mr. Fain did not give any additional information about the ship size, passenger capacity, or even where it might be positioned. Richard Fain did say though that capacity has been down for both cruise liens due to no new ship orders. Fain also commented saying that new ships are needed to expand into new regions. For example, Royal Caribbean has recently moved into new markets such as Asia with the Voyager of the Seas, Mariner of the Seas, and the Legend of the Seas.
Royal Caribbean does have two new builds currently on order which are scheduled to debut in 2014 and 2015, but it makes you wonder if Royal Caribbean would go back in time to build another ship from an existing class, since it wouldn’t take as much time to build as a new build. They’ve almost done it before. Royal Caribbean originally had ordered a 4th Freedom Class vessel, before cancelling it and ordering Oasis and Allure instead.
So here’s my question for you. If you could order a new ship for either Royal or Celebrity, which one would you choose and which class of ship would you build?
Header image: Mikey Faust