Shares in Royal Caribbean Group (NYSE: RCL) were trading up today, as the company reported third quarter results that topped analysts’ expectations. The cruise giant reported net income for the third quarter
One of the world’s most eco-friendly new cruise ships, Silversea Cruises’ Silver Nova, embarked from Venice on its maiden voyage today. Delivered last month by German shipbuilder Meyer Werft, Silver Nova is
Meyer Werft delivered the second Quantum Class ship, Anthem of the Seas, from its Papenburg, Ems, shipyard in April of this year. The third, Ovation of the Seas, is set for mid-2016 delivery and the fourth is planned for delivery in 2019.
“It is such a pleasure to announce the order of another Quantum-class ship as we are welcoming Anthem of the Seas to North America,” said Richard D. Fain, Chairman and CEO, Royal Caribbean Cruises Ltd. “These ships have been received with excitement, and performed exceptionally well, across the globe. We fully expect that momentum to continue as we add to this innovative class of ships.”
“At Royal Caribbean we are focused on continuously improving efficiency and sustainability, and the fifth Quantum class vessel will be clear evidence of this,” said Michael Bayley, President and CEO, Royal Caribbean International. “Of equal importance is our ability to consistently surpass guest expectations, and we are harnessing the power of the latest technology to do so on this ship.”
Based upon current ship orders, says Royal Caribbean, projected capital expenditures for full year 2015, 2016, 2017, 2018 and 2019 are $1.6 billion, $2.4 billion, $0.5 billion, $2.5 billion and $1.4 billion, respectively.Capacity increases for 2015, 2016, 2017, 2018 and 2019 are expected to be 5.4%, 6.4%, 3.4%, 3.7% and 6.6%, respectively. These figures do not include potential ship sales or additions.
Following are the main particulars of the Quantum Class ships. If the numbers don’t quite convey how big these ships are, take a look at the infographic below, released by Royal Caribbean as the Anthem of the Seas is set to make its New York debut.
Tonnage 168,600 GT
Overall Length 348 m
Width 41.4 m
Decks 18
Engine Output 67,200 kW
Speed 22 kts
Number of Passenger Cabins 2,094
Passengers 4,188
