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Will Concordia impact Royal’s Project Sunshine option?

Is the Costa Concordia tragedy affecting Royal Caribbean’s thinking on whether to take up its Project Sunshine option, expiring this month?

Anne Kalosh, Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

February 2, 2012

1 Min Read
Credit: Seatrade Cruise News

It is unlikely to play any factor, chairman and ceo Richard Fain told analysts in today’s earnings call, in response to a question from UBS Investment’s Robin Farley.

Fain steered clear of any specifics on the option for a 158,000gt newbuild for 2015 delivery that would be a sister to a 2014 Project Sunshine ship. The one-plus-one deal with Meyer Werft was inked last February.

But the Royal Caribbean chief reiterated comments made several times during the call, that the company does not expect any significant long-term impact from Costa Concordia on its business.

About the Author

Anne Kalosh

Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

Anne Kalosh covers global stories, reporting both breaking and in-depth news on cruising's significant people, places, ships and trends. A sought-after expert on cruising, she has moderated conferences around the world, including the high-profile State of the Industry panel at Seatrade Cruise Global. She created and led the acclaimed itinerary-planning case study for Seatrade's cruise master classes held at Cambridge and Oxford universities. She has been the cruise columnist for AFAR.com, and her freelance stories have appeared in a wide range of publications, from The New York Times to The Miami Herald.

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