Royal Caribbean Group Broadcasts Strategic Settlement with Meyer Turku Oy, Finnish Authorities

Royal Caribbean Group Broadcasts Strategic Settlement with Meyer Turku Oy, Finnish Authorities

TURKU, Finland, Dec. 14, 2022 /PRNewswire/ — Immediately, Royal Caribbean Group (NYSE: RCL) introduced it has signed a maritime declaration with the Finnish authorities, represented by the Ministry of Financial Affairs and Employment (MEAE) and Meyer Turku Oy, to chart the way in which ahead for revolutionary and sustainable shipbuilding in Finland. The dedication is ready to advance innovation, strengthen competitiveness and bolster the maritime {industry}’s ecosystem.

“Our companions in Finland have helped us ship a number of the world’s most spectacular and sustainable ships of their time, together with our latest ship debuting in January 2024, Icon of the Seas,” mentioned Jason Liberty, president and CEO of Royal Caribbean Group. “This new partnership units the stage for future improvements and permits us and the maritime {industry} to proceed pursuing sustainability on the highest degree.”

The declaration pronounces the next actions:

  • Making ready a roadmap for the manufacturing of climate-neutral ships in Finland. The roadmap is a part of the maritime {industry}’s inexperienced transition.
  • Strengthening the innovation of Meyer Turku, Royal Caribbean Group and the maritime {industry}.
  • Supporting networking to curb financial challenges, develop new options and safe the long-term viability of the maritime {industry}.
  • Assembling a digital demonstration of a climate-neutral ship as a part of the sustainable maritime {industry} growth program of the Ministry of Labor and Financial system.
  • Strengthening the innovation of Meyer Turku, Royal Caribbean Group and the maritime {industry}.
  • Piloting and testing new improvements and applied sciences on Royal Caribbean Group ships.

This partnership additionally advances Royal Caribbean Group’s Vacation spot Internet Zero technique to decarbonize its operations by 2050 and its near- and medium-term targets, together with decreasing carbon depth by double digits by 2025 in comparison with 2019 and the introduction of a net-zero cruise ship by 2035. 

The declaration comes on the heels of one other main milestone for Royal Caribbean. On Friday, Dec. 9, the revolutionary, new trip, Icon of the Seas, reached its subsequent section of building forward of its iconic January 2024 debut. The brand new ship floated on water for the primary time because the meeting started 9 months in the past at Meyer Turku shipyard in Turku, Finland. Icon will be part of the corporate’s Royal Caribbean Worldwide cruise line and its lineup of industry-leading ships, changing into the model’s most sustainable ship up to now and the crown jewel of shipbuilding within the Finnish maritime {industry}.

“The Finnish maritime ecosystem is constructed on the innovativeness, experience and abilities of the 1000’s of main shipbuilders at Meyer Turku, and Icon of the Seas is the newest instance of what could be constructed right here in Finland,” mentioned Mika Lintilä, Finland’s Ministry of Financial Affairs. “This new declaration will safe a future wherein the maritime {industry} continues to make strides in our decarbonization objectives and financial progress priorities for years to return.”

The corporate additionally has agreements with the shipyard to construct the unnamed second and third ships within the Icon Class for its Royal Caribbean Worldwide model, and Mein Schiff 7, which is at present underneath building for the corporate’s TUI Cruises model.

“Whereas experience and interdisciplinary collaboration will all the time be key to the success of shipbuilding, we acknowledge the necessity to constantly evolve and create methods to scale back carbon emissions towards internet zero,” mentioned Tim Meyer, CEO, Meyer Turku Oy. “This dedication will set us up, as an {industry}, to innovate and adapt in how we design, construct and function ships. This problem presents vital alternatives for the Finnish maritime {industry} to take the lead globally and convey to market new applied sciences and merchandise.”

About Royal Caribbean Group:

Royal Caribbean Group (NYSE: RCL) is without doubt one of the main cruise firms on the earth with a worldwide fleet of 64 ships touring to roughly 1,000 locations all over the world. Royal Caribbean Group is the proprietor and operator of three award-winning cruise manufacturers: Royal Caribbean Worldwide, Celeb Cruises, and Silversea Cruises, and it’s also a 50% proprietor of a three way partnership that operates TUI Cruises and Hapag-Lloyd Cruises. Collectively, the manufacturers have an extra 10 ships on order as of June 30, 2022. Be taught extra at www.royalcaribbeangroup.com or www.rclinvestor.com.

About Meyer Turku:

The Meyer Turku Oy shipyard is specialised within the building of very demanding, revolutionary, and environmentally environment friendly cruise ships, automobile ferries, and particular vessels. Our share of the worldwide cruise building market is roughly 15%, and our shipyard’s order books lengthen to 2026. Our largest prospects are Royal Caribbean Worldwide, Carnival Cruise Strains, TUI Cruises and the Finnish Border Guard. 

Meyer Turku employs 2.000 prime professionals and operates the Turku shipyard the place vessels are constructed since 1373. Meyer Turku’s subsidiaries are Piikkiö Works Oy, a cabin manufacturing facility positioned in Piikkiö, Shipbuilding Completion Oy, which affords full deliveries to public areas, and ENG’nD Oy, a shipbuilding and offshore design firm based mostly in Rauma.

Along with the German shipyards, Meyer Werft in Papenburg, and Neptun Werft in Rostock, Meyer Turku types the Meyer Group, one among world’s main cruise ship builders.

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Royal Caribbean Group Broadcasts Strategic Settlement with Meyer Turku Oy, Finnish Authorities

SOURCE Royal Caribbean Group