Royal Caribbean Orders Another Quantum Class Cruise Ship

Quantum of the Seas Ship

Royal Caribbean has agreed with a German ship building company that a fourth Quantum class cruise will be ordered and will be delivered to the cruise line in 2019.

The cruise line made the announcement on May 7th that an agreement was made with Meyer Werft in germany. the shipyard has already build Quantum of the Seas, Anthem of the Seas and currently building Ovation of the Seas. Another vessel added to the class continues the company’s partnership.

“Today’s announcement is a reflection of the success of the first two Quantum-class ships,” said Richard D. Fain, Chairman and CEO, Royal Caribbean Cruises Ltd. “We have received a remarkable response from travel agent partners and travelers, and are thrilled that we’ll be able to deliver another revolutionary ship with our partners at Meyer Werft.”

Based upon current ship orders, projected capital expenditures for full year 2015, 2016, 2017, 2018 and 2019 are $1.6 billion, $2.3 billion, $0.4 billion, $2.4 billion and $1.3 billion, respectively. We can expect to see many of the onboard features already seen with the Quantum class of ships including the North Star, SeaPlex, Two70, Robotic Bartenders and Ripcord by iFLY.

“The fourth Quantum class vessel will be a trailblazer in smart-ship design and vacation innovation,” said Michael Bayley, President and CEO, Royal Caribbean International. “Royal Caribbean International is synonymous with adventure, and the icons and amenities on this ship will continue to challenge and expand guests’ expectations of the cruise experience.”

Capacity increases for 2015, 2016, 2017, 2018 and 2019 are expected to be 5.5%, 6.3%, 3.1%, 3.9% and 6.5%, respectively.  These figures do not include potential ship sales or additions that the company may elect to make in the future. The order is contingent upon the completion of customary conditions, including financing. The Quantum class ships are 168,700 gross tons and known as the most technological vessels at sea.