Royal Caribbean 
may get new ships

Royal Caribbean have hinted that they will be building a new class of ships.

While at present there is no confirmed order in place, CEO and chairman Richard Fain told journalists, the company is close to what he termed an acceptable outcome.

“We do not intend to stagnate,” he said.

It is not clear whether the new fleet will be based on the mega-liners Oasis and Allure of the Seas, which can transport 5,400 passengers.

Net income

The announcement comes on the back of the company’s announcement that it had posted net income of $42.7 million in the fourth quarter of 2010, compared to $3.4 million for the same period of 2009. Capacity increases and improved yields also led to a revenue of $1.6 billion, compared with the fourth quarter of 2009.

For 2010 in general, net income was $547.5 million.

However, the company also forecast a lower than estimated profit for the first quarter of 2011, with shares falling to between 10 cents and 15 cents per share. This fell short of the projected 24 cents, and as a result 
shares fell.

Comments are closed.