Selling older ships and delaying delivery of new ones - that's Royal Caribbean's fleet plan

Selling older ships and delaying delivery of new ones – that’s Royal Caribbean’s fleet plan

Miami – Royal Caribbean intends to continue with its fleet expansion plan over the next few years. This was confirmed by the CFO of the group in the call on the results of the third quarter.

The capacity will increase thanks to the new ships in order because they are more efficient and guarantee greater opportunities for profits on board with the side activities. To restore balance to the fleet, some of the older ships will be sold or scrapped, as confirmed by the RCLC manager.

If a ship doesn’t strategically fit the brand – that’s the reasoning – it will be removed. It is a process still in progress according to the CFO.

The delivery of new buildings currently on construction sites will be postponed between eight and ten months.

The liquidity of the group stood at 3.7 billion dollars at the end of September and there was a drastic drop in the operating cost of the fleet, now completely stopped at 308.6 million dollars.