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Article: Royal Caribbean Announces Design For New 'Ultra-Voyager' Ship; Signs Agreement That Could Lead To Firm Order.
- Article from:
- PR Newswire
- Article date:
- June 16, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Royal Caribbean Cruises Ltd. announced today that, working with Finnish shipbuilder Kvaerner Masa-Yards, it has developed a design for a new and even more spectacular ship, the "Ultra- Voyager," and that both parties have signed an agreement that could lead to a firm order. The agreement anticipates that the cruise line and the yard could enter into construction contracts for Ultra-Voyager, provided that certain conditions, such as the euro-dollar exchange rate, move to a more favorable position. Today's conditional agreement anticipates one newbuilding, deliverable in 2006, and one option, for delivery in 2007 or 2008.
The Ultra-Voyager would be a larger and ...