Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Exhibit 99.1
| Contact: Lynn Martenstein (305) 539-6570 |
| Michael Sheehan (305) 539-6572 |
ROYAL CARIBBEAN CRUISES LTD. EXERCISES OPTION
TO BUILD SECOND GENESIS SHIP
MIAMI – April 2, 2007 – Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL) exercised its option to build a second ship in its “Genesis Project” today. Destined to become the 24th ship in the Royal Caribbean International fleet, the 5,400-guest, 220,000-gross-registered-ton ship would be built at Aker Yards in Finland, with delivery projected for August, 2010.
Like the prototype ship due out in Fall, 2009, the second Project Genesis ship will be a trailblazer in cruise-ship and vacation innovation. New icons and amenities will continue to challenge and expand guests’ expectations of cruising, and the latest technology and design will continue to increase efficiencies.
The company estimates the all-in cost of the ship will be approximately $260,000 per berth. The contract is contingent on the completion of customary financing.
Royal Caribbean Cruises Ltd. is a global cruise vacation company that operates Royal Caribbean International, Celebrity Cruises, and Pullmantur. The company has a combined fleet of 34 ships in service and six under construction. The company also offers unique land-tour vacations in Alaska, Australia, Canada, Europe and Latin America. Additional information can be found on www.royalcaribbean.com, www.celebrity.com, www.pullmantur.com, or www.rclinvestor.com.
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Certain statements in this news release are forward-looking statements. Forward-looking statements do not guarantee future performance and may involve risks, uncertainties and other factors, which could cause our actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements. These risks, uncertainties, and other factors are described in detail in Royal Caribbean Cruises Ltd.’s filings with the Securities and Exchange Commission. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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