Royal Caribbean Cruises Ltd. to Sell Splendour of the Seas
Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL) announced today that it has entered into an agreement to sell its cruise ship Splendour of the Seas to TUI Cruises in the second quarter of 2016. |
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Royal Caribbean Cruises Ltd. to Sell Splendour of the Seas
Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL) announced today that it has entered into an agreement to sell its cruise ship Splendour of the Seas to TUI Cruises in the second quarter of 2016. |
Category: Worldwide - Industry economy
- Group or hotel buyout
This is a press release selected by our editorial committee and published online for free on 2015-03-03
The ship will then be leased to Thomson Cruises, which will operate the vessel. “Splendour of the Seas debuted in 1996 and has served Royal Caribbean International extremely well,” said Richard D. Fain, chairman and chief executive officer of Royal Caribbean Cruises Ltd. “The ship’s sale is in line with our strategic objective of divesting ourselves of older hardware and keeps us firmly on the course to the Double-Double.”
Splendour of the Seas will complete all scheduled open deployment, and no sailings will be altered or disrupted due to the sale. “Splendour of the Seas has been a treasured member of the Royal Caribbean International family since she entered service,” said Michael Bayley, president and chief executive officer of Royal Caribbean International. “She has offered countless guests memorable vacation experiences and we look forward to continuing to provide the same Gold Anchor Service our brand is known for right up to the last sailing.”
Her final sailing will commence on April 4, 2016, and all officers and crew will remain with the company and will be transferred to other vessels worldwide after the ship leaves the Royal Caribbean International fleet. Splendour of the Seas joined the Royal Caribbean International fleet in 1996, and was built by Chantier’s de L’Atlantique, now STX France, in St. Nazaire, France. The 69,130-ton ship carries 1,830 guests (double occupancy) and 760 crew.
About Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL)Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL) is a global cruise vacation company that owns Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises and CDF Croisières de France, as well as TUI Cruises through a 50 percent joint venture. Together, these six brands operate a combined total of 42 ships with an additional seven under construction contracts, and two on firm order. They operate diverse itineraries around the world that call on approximately 480 destinations on all seven continents.
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