Royal Caribbean must decide about fourth Oasis-class cruise ship by December

In:
09Aug2013

Last December, Royal Caribbean made headlines when it ordered a third Oasis-class cruise ship and then went on to order 3 Quantum-class cruise ships.  It turns out Royal Caribbean might not be done ordering new cruise ships.

UBS Investment Research cruise industry financial analyst Robin Farley says Royal Caribbean currently has an option for a fourth Oasis-class order.  If ordered, that fourth Oasis-class ship would be delivered in mid-2018.

Royal Caribbean must decide relatively soon, as the option for the fourth Oasis-class ship expires in December.

Farley feels lower prices to build new ships, thanks to lack of new ship builds recently, are what may compel Royal Caribbean to consider yet another new cruise ship order.