Royal Caribbean

Royal Caribbean Cruises Ltd and Cruises Investment Holding announced on Monday that it has filed for the reorganization of Pullmantur Cruceros under Spanish insolvency laws.

RCCL owns 49% of Pullmantur, while Cruises Investment Holding owns 51 percent.

According to Pullmantur's Board of Directors, the impact of COVID-19 wreaked havoc on the cruise line's financial situation.

Royal Caribbean teased its upcoming Australia 2021-2022 cruise season by announcing Quantum of the Seas will sail to the region for the first time ever.

Quantum of the Seas has been based in China, but will transition to Australia when she is not offering Alaska cruises.

Joining Quantum of the Seas will be Ovation of the Seas in Sydney. In addition, Radiance of the Seas will homeport in Brisbane, Australia.

The cruise line has a variety of sailings, including 7-8 night coastal cruises, 8-12 night South Pacific cruises and 10-13 night sailings around Tasmania.

Royal Caribbean announced on Tuesday it has postponed all of its upcoming Royal Amplifications until further notice.

Plans for upgrades and enhancements on four ships are now in limbo, as the cruise line cited the impact of COVID-19 and the closure of shipyards as forcing their hand in making this delay.

Royal Caribbean Cruises Ltd announced it will offer senior guaranteed notes to be issued by the Company due 2023 for an aggregate principal amount of up to $1.0 billion and a concurrent private offering of senior convertible notes to be issued by the Company due 2023.

Royal Caribbean announced it has cancelled all of its cruises to Alaska and Canada through October 31, 2020.

The decision was made after Canada announced cruise ships are banned from its waters through October 31, 2020.

Guests on cancelled sailings have the choice of getting a 125% Future Cruise Credit, 100% refund or the option to Lift and Shift their booking to a similar booking in 2021.

Jamaican Prime Minister Andrew Holness confirmed Royal Caribbean's Adventure of the Seas has completed a process of repatriating crew members on May 25.

The crew members disembarked at the Falmouth Pier in Trelawny. 

According to Holness, Royal Caribbean reported 1024 of the 1044 Jamaicans aboard who wished to return to Jamaica have now done so.

Royal Caribbean executives have made different statements recently regarding the fate of its buffet on a Royal Caribbean ship once cruising resumes.

Earlier this week, Royal Caribbean Cruises Ltd. Chairman and CEO Richard Fain spoke to travel agents and spoke on many of the changes the cruise line is considering to protect guests once cruises resume.

Royal Caribbean Cruises Ltd. announced it will extend its global cruise suspension through the end of July.

Royal Caribbean Cruises Ltd. has decided to extend the suspension of most sailings through July 31, 2020, with the exception of sailings from China, which will be suspended through the end of June.

The cruise line has updated its date to resume service to be August 1, 2020.

Guests on cancelled sailings between June 12 - July 31, 2020 have the choice of a 100% refund, 125% future cruise credit, or to use Lift & Shift and move the sailing to next year.

Royal Caribbean Cruises Ltd. reported its first quarter 2020 results, as well as an update on what the company is doing to mitigate losses.