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Four New Ships to Drive Yield Growth for Royal Caribbean Cruises

  • February 6, 2020

Odyssey of the Seas

Royal Caribbean Cruises is introducing four new ships company-wide in 2020, including the Celebrity Apex, Silver Origin, Silver Moon and Odyssey of the Seas.

“We are very excited about the introduction of our four new ships during 2020 as they will be important contributors to the overall we are very excited about the introduction of our four new ships during 2020 as they will be important contributors to the overall net yield growth,” said Jason Liberty, CFO, speaking on the company’s Tuesday earnings call. “Now the timing of the new ship deliveries will result in more significant yield growth in the second half of the year than in the first half.”

According to the 2020 Cruise Industry News Annual Report, the new ships will add 7,796 berths to the company’s inventory. 

Realizing full-year service in 2021, the four ships will carry approximately just under over 350,000 passengers at 100 percent occupancy, according to the 2020 Cruise Industry News Annual Report,

The Celebrity Apex launches services this spring, with a mini season in Northern Europe followed by deployment in the Mediterranean. She becomes the second ship in the successful Edge class of vessels, and will introduce a number of new dining options. 

Custom-built for the Galapagos, the 100-guest Silver Origin debuts in the region this summer for the ultra-luxury Silversea brand. It’s the company’s first destination-specific ship featuring a team of Ecuadorian national expert guides, the highest crew-to-guest ratio in the Galapagos, an interactive basecamp, Ecuadorian-inspired cuisine and more. 

The Silver Moon is a sister to the Silver Muse at 596 guests, and will be delivered from Fincantieri this summer, with her inaugural cruise set for early August in the Mediterranean.

Finally, the new Odyssey of the Seas will sail in North America for the Royal Caribbean International brand, and is the second Quantum Ultra Class ship, following the 2019-built Spectrum of the Seas. The new ship will have the largest indoor activity space at sea, featuring bumper car and a flying trapeze. The SeaPlex space will also double as a glow-in-the-dark laser tag arena, pitting Yetis and Snow Shifters against each other as they battle for survival and control of the mythical ice city in Clash for the Crystal City.

In November 2020, the ship’s inaugural year will start in the Caribbean with cruises to Curaçao, Aruba, Grand Cayman and Mexico on eight- and six-night itineraries from Fort Lauderdale. The Odyssey will then sail to her homeport of Civitavecchia in May 2021 and become the first Quantum Ultra Class ship to cruise Europe for the summer. 

Royal Caribbean Cruises Orderbook:

Cruise LineShipCost1TonnageCapacityYardSailingDelivery
expSilverseaSilver Origin$755,739100De HoopGalapagosMarch 2020
CelebrityApex$900129,5002,900ChantiersEur/CaribApril 2020
SilverseaSilver Moon$37040,700596FincantieriWorldApril 2020
Royal CaribbeanOdyssey$950167,0004,200MeyerCaribFall 2020
redRoyal CaribbeanWonder$1,300227,6255,448ChantiersChina?Spring 2021
CelebrityUnnamed$900129,5002,900ChantiersTBAFall 2021
SilverseaSilver Dawn$38040,700596FincantieriWorldQ4 2021
lngRoyal CaribbeanUnnamed$1,100200,0005,000Meyer TurkuTBAQ2 2022
CelebrityUnnamed $900129,5002,900ChantiersTBAFall 2022
SilverseaUnnamedTBATBATBAMeyer WerftWorldTBA 2022
TUI CruisesMein Schiff 7$625110,0002,900Meyer TurkuEuropeSpring 2023
Royal CaribbeanUnnamed$1,300231,0005,714ChantiersTBAFall 2023
SilverseaUnnamedTBATBATBAMeyer WerftWorldTBA 2023
lngRoyal CaribbeanUnnamed$1,100200,0005,000Meyer TurkuTBAQ2 2024
CelebrityUnnamed$900129,5002,900ChantiersTBAFall 2024
lngTUI CruisesUnnamed $850161,0004,000FincantieriTBA TBA 2024
lngRoyal CaribbeanUnnamed$1,100200,0005,000Meyer TurkuTBASpring 2025
lngTUI CruisesUnnamed $850161,0004,000FincantieriTBA TBA 2026

(1) In Millions (USD) | Costs May Be Estimated 

lng: LNG Powered

exp: Expedition Vessel

red: China/Asia Market Dedicated Vessel

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