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ROYAL CARIBBEAN SIGNS CONTRACTS FOR CONSTRUCTION OF NEW SHIPS

 MIAMI, March 8 /PRNewswire/ -- Royal Caribbean Cruise Line (RCCL) announced today it has signed contracts with Chantiers de l'Atlantique in St. Nazaire, France for the construction of up to three new cruise ships. Last month Royal Caribbean announced it had signed a letter of intent with Chantiers de l'Atlantique to build the ships.
 Each vessel will be approximately 65,000 gross registered tons and carry approximately 1,800 passengers double occupancy. The contracts call for the construction of two ships. The first will be delivered in April 1995 and the second in the spring of 1996. The contracts contain an option to build a third vessel for delivery in early 1997 and the right to cancel the order for the second ship within six months of contract signing. Chantiers de l'Atlantique built Royal Caribbean's last four ships: the 2,276-passenger Sovereign of the Seas in 1987, the 1,600-passenger Nordic Empress in 1990 and the 2,354-passenger twins Monarch of the Seas and Majesty of the Seas in 1991 and 1992, respectively.
 "The four ships we've built at Chantiers de l'Atlantique have set new levels for shipboard design and amenities and this commitment illustrates our conviction that they will deliver ships which will reflect Royal Caribbean's high standards," said Richard Fain, Royal Caribbean's chairman and CEO.
 Royal Caribbean is the world's largest cruise brand by passenger capacity and operates nine modern ships with a total double occupancy capacity of 14,228. The new ships could boost fleetwide capacity by as much as 37 percent to approximately 19,500 lower berths.
 The award-winning vessels of the Royal Caribbean fleet offer more than 50 different itineraries and call at nearly 130 destinations in the Mediterranean, Bermuda, Scandinavia, Alaska, Bahamas, Mexico, Transcanal, Russia and the Caribbean.
 -0- 3/8/93
 /CONTACT: Lloyd Axelrod or Rich Steck of Royal Caribbean Cruise Line, 305-539-6573/


CO: Royal Caribbean Cruise Line ST: Florida IN: LEI SU:

AW-SS -- FL011 -- 3891 03/08/93 10:08 EST
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Date:Mar 8, 1993
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