Jason Liberty to succeed Richard Fain as Royal Caribbean chair
Royal Caribbean Group president and CEO Jason Liberty is to succeed Richard Fain as chairman of the company’s board when he steps down from that role in fourth quarter 2025. Fain will
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Royal Caribbean’s Fain still confident of return to positive trajectory
Royal Caribbean Group (NYSE: RCL) today reported financial results for the fiscal year of 2020 that included a U.S. GAAP net loss of $5.8 billion compared to net income of $1.9 billion
Royal Caribbean breaks industry silence on Omicron impact
Royal Caribbean Group has become the first major cruise ship operator to release a statement on the impact of the Omicron coronavirus on its business—and on the number of cases reported aboard
Royal Caribbean to debut fuel cell battery-hybrid cruise ship
Next summer, Royal Caribbean Group (NYSE:RCL) is set to debut what it claims will be the cruise industry’s first hybrid powered ship, (though Norway’s Hurtigruten might quibble with that) as part its
The cruise industry is beginning to see the Sun
May 2021 As the pandemic saga continues to unfold, the Centers for Disease Control and Prevention (CDC) has been under gathering pressure to end its ban on cruising, which has had a devastating economic
Cruises from U.S. ports could restart in mid-July
Cruise lines have been sent a letter by the Centers for Disease Control and Prevention that indicates that cruises from U.S. ports could resume in mid-July, reports USA Today, which has obtained
Royal Caribbean sells Azamara brand
Royal Caribbean Group (NYSE: RCL) reports that it has entered into a definitive agreement to sell its three-ship Azamara brand to Sycamore Partners, a private equity firm specializing in consumer, retail and
Expert panel submits recommendations for safe return to cruising
A panel of medical experts formed in June by Royal Caribbean Group and Norwegian Cruise Line Holdings has submitted recommendations to the U.S. Centers for Disease Control and Prevention (CDC) that could
Cruise industry pioneer Arne Wilhelmsen dies at 90
Arne Wilhelmsen, a founder of Royal Caribbean Cruises Ltd. (NYSE: RCL), and a visionary strategist of the modern cruise industry, died Saturday, April 11, 2020, in Palma, Spain. He was 90. Royal
RCCL in MOU for two from Turku with LNG and fuel cells
OCTOBER 11, 2016 — Royal Caribbean Cruises Ltd. has signed a memorandum of understanding with Finnish shipbuilder Meyer Turku for two next-generation cruise ships, of around 200,000 gt. To be called “Icon