Royal Caribbean Cruises agreed with STX France to move forward on the order of a fourth Oasis-class ship for delivery in 2018. Royal Caribbean Cruises chairman and CEO Richard D. Fain and president and COO Adam Goldstein, along with STX France CEO Laurent Castaing, announced the planned ship order at the keel-laying ceremony for the third Oasis-class ship at the STX shipyard in Saint-Nazaire, France.
"The Oasis Class was a revolution in maritime design when it was launched in 2009. Oasis of the Seas and Allure of the Seas continue to be in a class by themselves both in terms of guest satisfaction and financial returns. Today's announcement is a reflection of their success," said Richard D. Fain. "We are thrilled to announce the order of a fourth Oasis-class ship during the keel-laying milestone of the third. This announcement is also a testament to the men and women of STX France who have worked so hard and so cooperatively on Oasis III."
The order is subject to documentation and satisfaction of financing and other customary conditions. Projected capital expenditures for 2014, 2015, 2016, 2017 and 2018 are $1.4 billion, $1.4 billion, $2.2 billion, $0.3 billion and $1.5 billion, respectively, taking into account this order and existing ship orders.
Oasis III will be approximately 20 percent more energy efficient than Oasis of the Seas and Allure of the Seas, which already are the most energy efficient cruise ships in the world. The fourth Oasis-class ship will further build on that efficiency.
The keel laying of the third Oasis-class ship marks a milestone in the development of the ship, as it signifies the beginning of its physical construction. During the ceremony, a 1,000-ton block measuring 32-feet by 154-feet was lifted by crane into the building dock. Newly minted coins were placed under the keel and will stay in place there until the end of the ship's construction. Once the ship is near to completion, the coins are retrieved and presented to the ship's Captain and crew to be placed onboard the ship. According to maritime tradition, the coins are said to bring luck to the ship during its construction process and then to its Captain and crew when she is sailing out at sea. Still to be named, the third Oasis-class ship will be delivered in spring 2016.
The third and fourth Oasis-class ships will join Oasis of the Seas and Allure of the Seas – which launchd in 2009 and 2010, respectively, and share the title of the largest ships in the world. The ships have a split superstructure and the cruise line's neighborhood concept of seven distinct themed areas. At 225,282 gross registered tons and spanning 16 decks with 2,700 staterooms, the Oasis-class ships also have an 82 foot-long zip line, a handcrafted carousel, the Rising Tide elevating bar, the AquaTheater high-diving performance venue and the Central Park with more than 12,000 live trees and plants. The Oasis Class also offers amenities that can only be found on Royal Caribbean, such as twin FlowRider surf simulators, cantilevered whirlpools, an ice-skating rink, the H2O Zone kids aquapark and the Royal Promenade, an interior boulevard that stretches nearly the length of the ship and flanked by restaurants, lounges, boutiques and more.
For more information, visit www.royalcaribbean.com.