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Showing posts with the label scrap ships

Royal Caribbean's Earnings Call - Royal Caribbean May Sell Off Older Ships.

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  Empress of the Seas is One of the Royal Caribbean Ships At Risk Of Being Sold In a recent earnings call Royal Caribbean Group announced that they are indeed looking at possibly shedding older ships in addition to the Sovereign and Monarch (ex Monarch of the Seas and Sovereign of the Seas) which were recently beached in Alaiga, Turkey. Royal Caribbean has announced that the 3rd ship in the Pullmantur fleet - the Zenith - which sailed for many years from New York to Bermuda for Celebrity Cruises - will most likely be scrapped. The Zenith is laid up in Lavrio Greece.  Just as a side note the Zenith was supposed to be chartered/purchased by Peaceboat,org for world wide peace missions. She was supposed to sail along side the Ocean Dream (originally built as Carnival Cruises' Tropicale). Based on the announcement above it is unclear which ship(s) Peaceboat will operate in 2021. The Zenith's identical sister ship - the Horizon is also at risk. The Horizon was also a popular ship fo...

Carnival Corporation Brands to Dispose of 13 Ships and Delay of New Ships.

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Carnival Corporation Announces Upcoming Fleet Reductions and Delay of New Ships. Carnival Cruises announced that the company expects future capacity to be moderated by the phased re-entry of its ships, the removal of capacity from its fleet and delays in new ship deliveries.  As previously announced, the company intends to accelerate the removal of ships in fiscal 2020 which were previously expected to be sold over the upcoming years. The company sold one ship during June 2020 and has agreements for the disposal of five ships and preliminary agreements for an additional three ships, all of which are expected to leave the fleet in the next 90 days.  These agreements are in addition to the sale of four ships, which were announced prior to fiscal 2020. In total, the 13 ships expected to leave the fleet represent a nearly nine percent reduction in current capacity.  The company currently expects only five of the nine ships originally scheduled for delive...