ROYAL CARIBBEAN GROUP CONFIRMS ORDER WITH MEYER TURKU FOR ICON 6 AND 7

Royal Caribbean Group (NYSE: RCL) confirmed orders with Meyer Turku for Icon 6 and Icon 7, scheduled for delivery in 2029 and 2030, respectively.

Rhea-AI Summary

Royal Caribbean Group (NYSE: RCL) confirmed orders with Meyer Turku for Icon 6 and Icon 7, scheduled for delivery in 2029 and 2030, respectively. The order expands a long-term framework securing shipbuilding capacity through 2036 and follows the previously announced Icon 5 (2028).

Icon 7 remains subject to customary conditions, including financing. Meyer Turku has built 25 ships for the company and its supplier network employs ~13,000 workers, contributing over €1 billion annually to Finland's economy.

Positive

• Confirmed orders for Icon 6 and Icon 7 with deliveries in 2029 and 2030
• Long-term framework secures shipbuilding capacity through 2036
• Meyer Turku has built 25 ships for Royal Caribbean and supports ~13,000 jobs

Negative

• Icon 7 order is subject to customary conditions, including financing
• Further orders depend on execution of construction agreements and customary conditions including financing

Argus Apr 28 session

-1.15% close to close Open Argus

Details

News Market Reaction – RCL

On Apr 28, the first trading day after this news, RCL closed 1.15% below the previous close.

Data tracked by StockTitan Argus for the Apr 28 session.

Market Context

This announcement confirms orders for the sixth and seventh Icon Class ships, scheduled for delivery...

Analysis

This announcement confirms orders for the sixth and seventh Icon Class ships, scheduled for delivery in 2029 and 2030, and extends Royal Caribbean Group’s shipbuilding framework with Meyer Turku through 2036. It reinforces a strategy centered on large, next-generation vessels and expanded private destinations, from three to eight by 2028. In assessing the news, investors may track upcoming earnings, capital allocation in regulatory filings, and progress on newer ships already in the Icon pipeline.

Key Figures

Current price: $258.90 52-week range: $203.85 – $366.50 Icon 6 & 7 delivery: 2029 and 2030 +5 more

Current price

$258.90

Prior to news, price_change_24h_percent -2.62%

52-week range

$203.85 – $366.50

Low to high over last 52 weeks

Icon 6 & 7 delivery

2029 and 2030

Scheduled delivery years for new Icon Class ships

Ships in operation

69 ships

Fleet size across all brands

Destinations served

More than 1,000

Cruise destinations across seven continents

Private destinations

3 to 8 by 2028

Planned expansion of private destination portfolio

Meyer Turku workforce

13,000 workers

Shipyard and supplier network employment cited in release

Ships built by Meyer Turku

25 ships

Number of ships built for Royal Caribbean Group to date

Historical Context

5 past events · Latest: Apr 16

5 events

1. Apr 16

   Foundation launch

   24h Move

   -5.8%

   Launch of Royal Caribbean Group Foundation and new emergency medicine partnership.

2. Apr 14

   World cruise unveil

   24h Move

   -0.3%

   Announcement of Silversea’s 125-day World Cruise 2029 itinerary and events.

3. Apr 14

   World cruise correction

   24h Move

   -0.3%

   Corrected details on Silversea’s 125-day World Cruise 2029 program.

4. Apr 09

   Earnings call notice

   24h Move

   +0.4%

   Scheduling of Q1 2026 earnings conference call and webcast details.

5. Apr 08

   Loyalty program update

   24h Move

   -1.2%

   Enhancements to Silversea’s Venetian Society loyalty tiers and benefits.

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

AI-generated analysis. How Rhea-AI works. Not financial advice.

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MIAMI and TURKU, Finland, April 27, 2026 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL), a global vacation leader redefining the future of vacations, today announced it has confirmed with Meyer Turku the order of a sixth and seventh Icon Class ship to be delivered in 2029 and 2030, respectively.

The order is part of the company's long-term framework agreement with Meyer Turku that secures the Group's access to shipbuilding capacity through 2036 and includes the previously announced Icon 5 order to be delivered in 2028. Meyer Turku has been a key partner in developing the award-winning Icon Class, helping to bring to life the most innovative ships ever built and advancing the next generation of vacation experiences. The Icon 7 order is subject to customary conditions, including financing.

"The Icon Class reflects our bold creativity and engineering excellence that continues to define what a vacation can be," said Jason Liberty, Chairman and CEO, Royal Caribbean Group. "Through our long-standing partnership with Meyer Turku, the Finnish government, and the strong Finnish maritime cluster, we are reimagining the industry for decades to come while also delivering meaningful economic impact for Finland."

This momentum underscores the shared commitment of both companies to push the boundaries of cruise ship design and innovation, allowing for the expansion of Royal Caribbean's Icon Class fleet.

"The order of sixth and seventh Icon Class vessels is a significant recognition of Meyer Turku and the Finnish maritime industry's talent and expertise. This milestone represents an important step forward in our partnership with Royal Caribbean Group to develop the shipbuilding sector over the next decade and beyond," said Casimir Lindholm, CEO of Meyer Turku.

The collaboration between Royal Caribbean Group and Meyer Turku spans more than three decades, during which the shipyard has built 25 ships for the company. Meyer Turku and its supplier network employ approximately 13,000 workers, contributing over a billion euros annually to Finland's economy. Each Icon ship represents the largest industrial projects in Finland. To date, Meyer Turku has built two Icon Class ships for Royal Caribbean Group including Icon of the Seas (January 2024) and Star of the Seas (August 2025). The third ship in the class – Legend of the Seas – will debut in July 2026 in the Western Mediterranean, featuring eight neighborhoods, a lineup of unrivaled experiences, including thrills and chill, the most dining at sea with 28 options, all-new nightlife and entertainment. The fourth in the Icon class, Hero of the Seas, will follow in 2027.

The Icon Class is central to Royal Caribbean Group's strategy to continually disrupt the travel sector through purposeful design, world class technologies, and immersive vacation experiences. Through ongoing investments in next-generation ships and an expanding portfolio of land-based destinations from three to eight by 2028, the company continues to broaden the way guests experience vacations across oceans, rivers, and land.

Further orders are subject to Royal Caribbean Group's execution of construction agreements, which are expected to be subject to customary conditions including financing.

About Royal Caribbean Group

Royal Caribbean Group is a leading global vacation company spanning cruise, exclusive 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 from three to eight by 2028 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 and Forbes' 2026 Best American Companies lists, Royal Caribbean Group is guided by its mission to deliver the best vacations responsibly. For more information, visit www.royalcaribbeangroup.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/royal-caribbean-group-confirms-order-with-meyer-turku-for-icon-6-and-7-302754867.html

SOURCE Royal Caribbean Group

FAQ

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

What did Royal Caribbean (RCL) announce about Icon 6 and Icon 7 on April 27, 2026?

Royal Caribbean confirmed orders for Icon 6 and Icon 7, slated for delivery in 2029 and 2030. According to Royal Caribbean, the orders extend a framework securing shipbuilding capacity through 2036.

Is the Icon 7 order for RCL final and guaranteed?

No, the Icon 7 order is not final; it is subject to customary conditions, including financing. According to Royal Caribbean, further orders require execution of construction agreements and customary conditions.

How many ships has Meyer Turku built for Royal Caribbean and what economic impact does it have?

Meyer Turku has built 25 ships for Royal Caribbean and employs a supplier network of ~13,000. According to Royal Caribbean, the yard contributes over €1 billion annually to Finland's economy.

When will the previously announced Icon 5 be delivered for RCL?

Icon 5 is scheduled for delivery in 2028. According to Royal Caribbean, Icon 5 is part of the same long-term framework with Meyer Turku that now includes Icon 6 and Icon 7.

How does the Icon Class fit into Royal Caribbean's broader strategy?

The Icon Class is central to Royal Caribbean's strategy to expand next-generation ships and land-based destinations. According to Royal Caribbean, the company is increasing private destinations from three to eight by 2028 and entering river cruising in 2027.