Search Results for: Richard Fain

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Royal Caribbean Cruises promotes Michael Bayley

JULY 31, 2012 — Royal Caribbean Cruises, Ltd. today announced that Michael Bayley has been promoted to President and CEO of Celebrity Cruises, replacing Dan Hanrahan, whose departure was recently announced.  Bayley

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European discounting hits RCL earnings

JULY 26, 2012 — Larger than anticipated discounting in Europe contributed to Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL) today reporting a second quarter net loss  of $3.6 million), or $0.02 per

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Ship operating costs set to rise

Vessel operating costs are expected to rise by 3.8 percent in 2011 and by 3.7 percent in 2012. Lube expenditure and crew costs are the categories most likely to produce the highest