RCCL Receives Extension On Options for Two Radiance-Class Ships

Royal Caribbean Cruises Ltd. has deferred its options to purchase a fifth and sixth ship within its new Radiance class with deliveries in 2005 and 2006.

Royal Caribbean and Meyer Werft shipyard of Papenburg, Germany, builder of the Radiance-class ships, agreed to extend the options to January 10, 2003.

Both options were to have expired on September 20, 2002.

The Radiance-class ships are operated by the Royal Caribbean International brand. Radiance of the Seas entered service in March of 2001. The second Radiance-class ship, Brilliance of the Seas, entered service in July 2002. The third and fourth Radiance-class ships are scheduled for delivery in 2003 and 2004, respectively.