Royal Caribbean Expands Fleet with Order for Two Additional Icon Class Ships

Key Facts

1Royal Caribbean Group confirmed the order of a sixth and seventh Icon Class ship with shipbuilder Meyer Turku.

2The new ships are scheduled for delivery in 2029 and 2030 respectively as part of a long-term framework agreement.

Royal Caribbean Group has confirmed orders for its sixth and seventh Icon Class ships with shipbuilder Meyer Turku, securing its construction pipeline through 2036. The company plans a delivery cadence of one Icon-class vessel annually, potentially expanding the fleet to 13 ships by 2036. CEO Jason Liberty highlighted that this strategic growth aims to provide a total capacity of over 72,000 berths within this specific ship class. The newly ordered vessels are slated for delivery in 2029 and 2030, following the previously scheduled Icon 5. Analysts view this aggressive expansion as a bullish signal for long-term revenue growth and market dominance. This roadmap underscores Royal Caribbean's confidence in the enduring demand for large-scale luxury cruise experiences.

6 months ago

Version History

Version 16 months ago

What changed: Added details regarding the annual delivery cadence, the projected fleet scale of 13 ships, and the target of 72,000 berths by 2036.