Article: Royal Caribbean Cruises Ltd. Signs Letter of Intent for Third Freedom-Class Ship for Royal Caribbean International.

Royal Caribbean Cruises Ltd. has signed a letter of intent with Aker Finnyards in Turku, Finland, to add a third ship to its Freedom class of vessels now being built for Royal Caribbean International. The agreement is subject to certain conditions, including board approval.

Like the series' first and second ships, this third Royal Caribbean newbuild is a 158,000-GRT vessel equipped with 1,800 cabins that accommodate 3,600 guests double occupancy. It enters service in early 2008, two years after the class debuts in April, 2006, with Freedom of the Seas.

The company estimates the cost of the third ship, including the contract price (specified in euros), ...

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