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Tag Archives: Royal Caribbean

On sale for $150m, used Royal Caribbean ship costs less than many new yachts

Cruise ship for sale listing

PortandTerminal.com, August 1, 2020 MIAMI – The ongoing carnage in the cruise line industry brought about by the COVID-19 pandemic has created opportunities for bargain hunters. The website Yachtworld.com has a listing for Royal Caribbean’s Rhapsody of the Seas being offered at just $150 million dollars. Price negotiable. Rhapsody of the Seas was built in 1997 and can carry just …

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Royal Caribbean cancels cruises to July 31. Even after that remains “unclear”

Cruise ship. Shoreline.

PortandTerminal.com, May 22, 2020 Royal Caribbean said it was unclear when the company would be ready to begin even limited operations GALVESTON, TX – Royal Caribbean Cruises on Wednesday officially extended the suspension of its cruises through July 31. Royal Caribbean International President and CEO Michael Bayley announced the cancellation during an earnings call Wednesday morning. The announcement means the …

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COVID19: Royal Caribbean borrows $2.2bn to keep itself afloat. Share price up +23%

Cruise ship being escorted into harbor by tugs

PortandTerminal.com, March 24, 2020 MIAMI, FL – Royal Caribbean announced on Monday that it has entered into a $2.2 billion secured term loan facility for the next year. This will give the company a total of $3.6 billion of liquidity to weather the current downturn in the cruise business.  Shares of Royal Caribbean Cruises Ltd (NYSE:RCL) jumped as much as 23.1% in trading …

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Royal Caribbean Cruises cancels more China sailings on virus worries

Crowd of masked Asian people having their temperature checked by an uniformed officer

PortandTerminal.com, January 30, 2020 TAIPEI, TAIWAN – Royal Caribbean Cruises has canceled three more sailings through Feb 8th on Spectrum of the Seas, homeported in China, amid aggressive measures pursued by Chinese authorities to contain the spread of coronavirus. The move follows the cancellations of sailings on the Quantum-class cruise ship that were scheduled to depart on January 27 and January 31 …

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Woman who stood on ship’s railing for selfie barred for life from cruises

PortandTerminal.com, October 19, 2019 A woman was removed from a Royal Caribbean Lines cruise ship and banned for life by the cruise company after she climbed onto her room’s balcony railing to pose for a dangerous photo shoot over the ocean. The incident happened on board the Royal Caribbean ship Allure of the Seas as it was approaching Labadee, Haiti earlier this week. The …

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