Royal Caribbean Orders Three Ships

Royal Caribbean Cruises has ordered a fifth Oasis-class ship from STX France for delivery in the Spring of 2021. The firm has also ordered two additional Edge-class ships for Celebrity Cruises scheduled for delivery in the Fall of each of 2021 and 2022, also from STX France.

The Oasis class are currently the world's largest passenger ships and include Oasis of the Seas and Allure of the Seas which were delivered respectively in 2009 and 2010 by STX Europe Turku Shipyard, Finland.

The order comes after the delivery this month of the third Oasis class ship Harmony of the Seas costing more than a $1billion. Royal Caribbean expects a fourth Oasis-class ship to be delivered in 2018.

“The response to the arrival of Harmony of the Seas is staggering, eliciting excitement from eager cruisers from markets on both sides of the Atlantic,” said Richard D. Fain, Chairman and CEO, Royal Caribbean Cruises Ltd. “And Edge-class is one of the most highly anticipated new projects, following the high bar of Modern Luxury design set by its predecessor, the Solstice Class.”

The first two Edge-class ships are scheduled for delivery in 2018 and 2020. They will be smaller than the line's Solstice Class but larger than the Millennial Class.

“Although our first Edge-class vessel is still over two years away from delivery, there has been a tremendous amount of interest around the new standard of style Edge-class will introduce,” said Lisa Lutoff-Perlo, President and CEO, Celebrity Cruises. “Solstice-class ushered in a new era of design for modern cruise ships, and Edge-class will not disappoint as the new generation of high style and design.” 

In April, Meyer Werft delivered the 168,660 gross ton Ovation of the Seas, the third Quantum-class ship after sister ships Quantum of the Seas and Anthem of the Seas.

Final contracts, which include the definitive payment schedules, are expected to be completed within the quarter.