Royal Caribbean to Sell Legend of the Seas

MIAMI, June 2, 2016 /PRNewswire/ -- Royal Caribbean Cruises Ltd. (NYSE: RCL) announced today that it has entered into an agreement to sell its cruise ship Legend of the Seas to Thomson Cruises in the spring of 2017.

"Since its inaugural sailing, Legend of the Seas has created many wonderful memories for hundreds of thousands of guests, and we expect this successful history to continue as she transitions to Thomson Cruises," said Richard D. Fain, chairman and chief executive officer of Royal Caribbean Cruises Ltd.  "While she will be missed, her transition supports Double-Double and our objective of moderate capacity growth."

Legend of the Seas' final sailing will commence on March 13, 2017, and all officers and crew will remain with the company and will be transferred to other vessels worldwide after the ship leaves the Royal Caribbean International fleet.  This transaction will result in an immaterial gain which will be recognized upon delivery of the ship.

Legend of the Seas joined the Royal Caribbean International fleet in 1995, and was built by Chantier's de L'Atlantique, now STX France, in St. Nazaire, France. The 69,130-gross-registered-tons ship carries 1,832 guests (double occupancy) and 726 crew.

Royal Caribbean Cruises Ltd. (NYSE: RCL) is a global cruise vacation company that owns Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises and CDF Croisières de France, as well as TUI Cruises through a 50 percent joint venture.  Together, these six brands operate a combined total of 47 ships with an additional twelve on order.  They operate diverse itineraries around the world that call on approximately 490 destinations on all seven continents.  Additional information can be found on www.royalcaribbean.com, www.celebritycruises.com, www.pullmantur.es, www.azamaraclubcruises.com, www.cdfcroisieresdefrance.com, www.tuicruises.com or www.rclinvestor.com.

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SOURCE Royal Caribbean Cruises Ltd.