Rhea-AI Summary
Royal Caribbean Group announced that its new Celebrity Cruises ship will feature groundbreaking alternative fuel technology through a collaboration with Wärtsilä and Chantiers de L'Atlantique. This ship, part of the Edge Series, will be equipped with tri-fueled engines, allowing it to use methanol, among other fuels, significantly reducing local emissions like sulfur oxides and nitrogen oxides. The new technology aims to enhance sustainability in the cruise industry, aligning with Royal Caribbean's goal of achieving net zero emissions by 2050. The order for the engines was recorded in January 2023, marking a pivotal step in the industry's transition to low-carbon solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
Tags
FAQ
What is the current stock price of Wartsila (WRTBY)?
Wartsila (WRTBY) last closed at $5.68.
What is the market cap of Wartsila (WRTBY)?
The market cap of Wartsila (WRTBY) is approximately $16.8B.