So said Royal Caribbean Cruises Ltd. during the company’s earnings call Tuesday.
2019 crane collapse
In April last year, a crane collapsed while Oasis of the Seas was in the dock. Eight people sustained injuries and the ship was damaged (and subsequently repaired in Cadiz). There was structural damage to the dock, too.
‘We do not expect that dock to be back online in 2020, likely in 2021,’ RCL EVP and CFO Jason Liberty said.
Lost equity
Liberty estimated the equity pickup loss due to Drydock No. 2 being closed as $12m to $13m for RCL during first quarter 2020. In 2019, the shipyard incident also contributed to higher costs for the company.
Grand Bahama Shipyard is a joint venture among RCL, Carnival Corp. and the Grand Bahama Port Authority.
The facility does have two other drydocks but neither is as large as No. 2.
Copyright © 2024. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited.
Add Seatrade Cruise News to your Google News feed.  |
