ROYAL CARIBBEAN GROUP ANNOUNCES EXIT GLACIER GREENHOUSES AS 2026 'PORT PARTNERS' SMALL BUSINESS ACCELERATOR AWARDEE IN SEWARD, ALASKA

Royal Caribbean Group (NYSE:RCL) named Exit Glacier Greenhouses as the 2026 Port Partners Small Business Accelerator awardee in Seward, Alaska.

Rhea-AI Summary

Royal Caribbean Group (NYSE:RCL) named Exit Glacier Greenhouses as the 2026 Port Partners Small Business Accelerator awardee in Seward, Alaska. The business receives a $20,000 grant, mentorship, college credits, and network exposure to expand greenhouse capacity from an anticipated 700 to 4,000 pounds of annual food production.

The multi-month accelerator supported 15 local entrepreneurs with training in business planning, finance, marketing, and sustainable growth under the company’s SEA the Future community-impact platform.

Argus Jun 9 session

+3.77% close to close Open Argus

Details

News Market Reaction – RCL

In the Jun 9 session, RCL gained 3.77%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights RCL’s SEA the Future platform by backing Exit Glacier Greenhouses with ...

Analysis

This announcement highlights RCL’s SEA the Future platform by backing Exit Glacier Greenhouses with a $20,000 grant to boost local food production from 700 to 4,000 pounds annually. It reinforces the company’s emphasis on community and environmental initiatives, complementing recent philanthropic efforts. Investors following the story may focus more on earnings, capacity additions, and demand trends, while viewing programs like Port Partners as supporting long-term brand and stakeholder relationships.

Key Figures

Port Partners grant: $20,000 Greenhouse modules: 6 modules Current production: 700 pounds +5 more

Port Partners grant

$20,000

Seed funding to Exit Glacier Greenhouses under 2026 program

Greenhouse modules

6 modules

Pre‑designed, crop‑specific greenhouses with solar powering

Current production

700 pounds

Anticipated 2026 seasonal food production

Planned production

4,000 pounds

Target food output within one year after infrastructure upgrade

Local population

2,900 residents

Seward population the project aims to serve

Program participants

15 participants

Entrepreneurs in 2026 Port Partners Small Business Accelerator

College credits

3 credits

University of Alaska credits for graduating participants

Fleet size

69 ships

RCL-operated ships across brands and destinations

Historical Context

5 past events · Latest: May 05

5 events

1. May 05

   Dividend declaration

   24h Move

   +8.8%

   Board declared a $1.50 quarterly cash dividend to common shareholders.

2. Apr 30

   Earnings beat

   24h Move

   +3.8%

   Q1 2026 EPS and revenue exceeded guidance with raised full‑year EPS outlook.

3. Apr 27

   Fleet expansion order

   24h Move

   -1.1%

   Confirmed orders for Icon 6 and 7, securing shipbuilding capacity through 2036.

4. Apr 16

   Foundation launch

   24h Move

   -5.8%

   Launched Royal Caribbean Group Foundation to expand education and environmental initiatives.

5. Apr 14

   World cruise reveal

   24h Move

   -0.3%

   Silversea announced 125‑day 2029 world cruise visiting over 60 destinations.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

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The comprehensive program supporting local entrepreneurs culminated in a pitch competition spotlighting local innovation and economic growth

SEWARD, Alaska, June 9, 2026 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL), a global vacation leader, today announced Exit Glacier Greenhouses, pioneered by Sydney Singer, as the recipient of its inaugural Port Partners Small Business Accelerator Award, recognizing the company's potential to drive economic growth, create local opportunity, and contribute to the long-term vitality of the Seward community.

Exit Glacier Greenhouses aims to provide Seward, Alaska with year-round produce and deliver premium quality freshness and taste, grown with the lowest environmental impact. In a state where more than 95% of food is imported, the need to develop resilient, eco-friendly infrastructure to ensure community food security is critical. With the $20,000 grant, Singer plans to begin development of six pre-designed, crop-specific greenhouse modules with solar powering. Upgraded infrastructure will expand production from 2026's anticipated 700 pounds of seasonal production to 4,000 pounds of food within a year.

"I look forward to growing my business to ensure that all 2,900 Seward residents can have access to much-needed fruits and vegetables for a healthy diet, made possible through the Port Partners grant," said Sydney Singer, founder of Exit Glacier Greenhouses. "The critical business skills and connections with fellow business owners and mentors I have gained through the program have been invaluable, and I am grateful for the joyful opportunity this has brought to me, my cohort participants, and our community."  

The announcement follows the conclusion of the 2026 Port Partners Small Business Accelerator program in Seward, a multi-month initiative designed to help local entrepreneurs strengthen their businesses through education, mentorship, networking opportunities, and access to funding. Part of Royal Caribbean Group's broader SEA the Future platform, dedicated to Sustaining the Planet, Energizing Communities, and Accelerating Innovation, the program was supported by key partners including Alaska Vocational Technical Center (AVTEC), University of Alaska, Alaska Small Business Development Center, Seward Chamber of Commerce, and City of Seward.

"At Royal Caribbean Group, we believe strong communities are essential to delivering memorable vacation experiences," said Preston Carnahan, vice president, Destination Development, Alaska, West Coast, and Pacific, Royal Caribbean Group. "The Port Partners program is about investing in local entrepreneurs who are creating opportunities, supporting economic resilience, and helping communities thrive. We congratulate Exit Glacier Greenhouses on this well-deserved recognition and look forward to supporting their continued growth."

Exit Glacier Greenhouses receives $20,000 in funding, college credits, ongoing mentorship from business leaders, and increased exposure through the Port Partners network to help accelerate progress and expand their impact in the region.

This year's program brought together 15 participants from across South Central Alaska for a series of workshops and coaching sessions focused on business planning, financial management, marketing, community engagement, and sustainable growth strategies. Participants were paired with experienced, local entrepreneurs and industry professionals who provided guidance throughout the program. Graduating participants received three credits from the University of Alaska system and had the opportunity to pitch their business plan to a group of community leader judges at a live community event.

To spotlight Seward's current and future small business pipeline, the celebration was catered by Primrose Provisions, Flamingo Lounge, Firebrand BBQ, Alaska Culinary Experience, and Stoney Creek Brewhouse, with decorations by Lift'd Gifts, and music from Blackwater Railroad.

For more information about Port Partners and future initiatives, visit PortPartners.com.

See how Royal Caribbean Group is energizing communities around the world in our mission to vacation responsibly with the SEA The Future program.

Follow the Port Partners journey on Royal Caribbean Group's social channels.

LinkedIn: Royal Caribbean Group

Facebook: Royal Caribbean Group

X/Twitter: @RoyalCaribbeanGroup

About Royal Caribbean Group

Royal Caribbean Group is a leading global vacation company spanning cruise, one-of-a-kind destinations, and land-based vacation experiences. The company operates 69 ships sailing to more than 1,000 destinations across all seven continents through its three wholly owned brands - Royal Caribbean, Celebrity Cruises, and Silversea - and a 50% joint venture interest in TUI Cruises, which operates the Mein Schiff and Hapag-Lloyd brands.

The Group is expanding its portfolio of private destinations through its Perfect Day and Royal Beach Club collections, and the company will enter river cruising in 2027 with Celebrity River Cruises. Powered by innovative brands, advanced technology, and an industry-leading loyalty program, the company has built a connected vacation ecosystem, turning the vacation of a lifetime into a lifetime of vacations.

Named to the Fortune World's Most Admired Companies 2026 list and to Forbes' 2026 Best American Companies lists, Royal Caribbean Group is guided by its mission to deliver the best vacations responsibly. For more information, visit royalcaribbeangroup.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/royal-caribbean-group-announces-exit-glacier-greenhouses-as-2026-port-partners-small-business-accelerator-awardee-in-seward-alaska-302795378.html

SOURCE Royal Caribbean Group

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Royal Caribbean Group (RCL) announce about Exit Glacier Greenhouses on June 9, 2026?

Royal Caribbean Group announced Exit Glacier Greenhouses as the 2026 Port Partners Small Business Accelerator awardee in Seward, Alaska. According to Royal Caribbean Group, the business receives funding, mentorship, and exposure to support year-round local food production and community economic vitality.

How much funding does Exit Glacier Greenhouses receive from Royal Caribbean Group’s Port Partners program?

Exit Glacier Greenhouses receives a $20,000 grant through the Port Partners Small Business Accelerator. According to Royal Caribbean Group, this capital will fund six solar-powered, crop-specific greenhouse modules to expand production from an anticipated 700 pounds of seasonal output to 4,000 pounds of food annually.

What is the goal of the Port Partners Small Business Accelerator in Seward for Royal Caribbean Group (RCL)?

The Port Partners Small Business Accelerator aims to strengthen local entrepreneurs in Seward and South Central Alaska. According to Royal Caribbean Group, the multi-month program provides education, mentorship, networking, and funding to support economic resilience, community opportunity, and locally driven, sustainable growth in port communities.

How many entrepreneurs joined the 2026 Port Partners Small Business Accelerator run by Royal Caribbean Group?

The 2026 Port Partners cohort included 15 participants from across South Central Alaska. According to Royal Caribbean Group, they attended workshops on business planning, financial management, marketing, community engagement, and sustainability, received guidance from local mentors, and earned three University of Alaska system credits upon graduation.

How will the Port Partners award impact food availability in Seward, Alaska?

The award is intended to boost year-round local produce in Seward, Alaska. According to Royal Caribbean Group, Exit Glacier Greenhouses plans to scale from about 700 pounds of seasonal production to 4,000 pounds of food annually, helping improve access to fresh fruits and vegetables for residents.

How does Royal Caribbean Group’s SEA the Future platform relate to the Port Partners program?

Port Partners operates under Royal Caribbean Group’s SEA the Future platform focused on community and sustainability. According to Royal Caribbean Group, SEA the Future emphasizes Sustaining the Planet, Energizing Communities, and Accelerating Innovation, with the accelerator supporting local businesses that enhance economic resilience in port regions.