Royal Caribbean Cruise Lines 2001 Annual Report Download - page 18

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16 Royal Caribbean Cruises Ltd.
YOUNG FLEET PROFILE
In the company’s multi-billion-dollar newbuilding program, 16 new ships have been
launched since 1995, encompassing five distinct classes of vessel design –Vision,
Century, Voyager, Millennium and Radiance. These innovative ships offer unique
amenities, from splendid dining rooms and theaters to luxurious spas and extensive
recreation facilities, including ice-skating rinks and rock-climbing walls. Plush
surroundings and advanced technology are consistent from one ship to the next.
Celebrity Cruises, the fastest-growing premium cruise line, will have doubled its
capacity between 2000 and 2002 with four Millennium-class ships. In 2001, Royal
Caribbean International became the world’s largest cruise brand with 33,050 double-
occupancy berths. Altogether, 73 percent of the company’s 47,400 berths have been
built since 1995, and the average age of the 23 ships at year end was about 5 years,
compared to 8 years for the fleet of the largest competitor.
5years young
average age of ships