Thu 19 Jun 2008 12:09

Cruise operator raises fuel surcharge


Leading US cruise line is the latest to hike its fuel supplement due to rising bunker prices.



Royal Caribbean Cruises Ltd., the world's second-biggest cruise line has announced that it is set to raise its fuel surcharge even further at the end of this month.

As a result of ongoing record high fuel prices, bookings made on or after June 30, 2008, will be subject to a revised fuel supplement of $10 per person, per day, for the first and second passengers in a cabin - $2 higher than before. The revised fees will apply to bookings made throughout the world on Royal Caribbean International.

The latest price increase comes less than two months after the company hiked its fuel surcharge from $5 to $8 per person, per day.

The new surcharges also apply to Royal Caribbean's sister line, Celebrity Cruises. The fees at another Royal Caribbean-owned line, Azamara Cruises, will increase even further according to the SEC filing. Passengers booking Azamara voyages on or after June 30 will pay a $15 per day surcharge, $7 more than before.

Speaking about the price increase, Royal Caribbean said "The fuel supplement will assist our company in offsetting the widespread increases in fuel prices that have more than doubled in recent years. The fuel supplement will be periodically reviewed, with the intent of being temporary, and may be adjusted as fuel prices fluctuate."

In a statement the company said "We have gone to great lengths to minimize the impact of rising fuel costs. Unfortunately, as fuel prices have reached record highs, we are forced to take this extraordinary step to offset our record costs and to remain competitive within our industry."

Royal Caribbean Cruises Ltd. operates Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Cruises and CDF Croisieres de France. The company has a combined total of 38 ships in service and six under construction. It offers cruisetour vacations in Alaska, Asia, Australia, Canada, Europe, Latin and South America and New Zealand.


Christian Vandvig Finnerup, Dan-Bunkering. Dan-Bunkering appoints Christian Vandvig Finnerup as US managing director  

Finnerup transitions from Singapore role to lead American operations.

Hai Gang Wei Lai vessel. SIPG orders Wärtsilä systems for new LNG bunker vessel  

Shanghai International Port Group orders integrated cargo handling and fuel systems from Wärtsilä.

Chris Seide, Integr8 Fuels and William Kanavan, Pentarch Offshore Solutions. Integr8 Fuels signs MOU with Pentarch for bunker services at Port of Edrom  

Integr8 Fuels and Pentarch Offshore Solutions have signed an agreement to develop bunker fuel services.

Eagle Vellore vessel. MISC orders two LNG dual-fuel Suezmax tankers as part of fleet renewal  

Malaysian shipowner expands dual-fuel fleet with newbuilds backed by long-term charters.

Eunice Low, Oilmar DMCC. Oilmar DMCC appoints Eunice Low as marine fuels trader in Singapore  

Low joins firm's Singapore trading department with a decade of industry experience.

HMM container ship. HD Hyundai secures $1.46bn order for eight LNG dual-fuel container ships  

South Korean shipbuilder reports highest container ship order volume since 2007 supercycle.

Arctic black carbon emissions urgency graphic. Clean Arctic Alliance urges IMO action on black carbon after 'disappointing' COP30  

Environmental coalition calls for Arctic shipping fuel regulations ahead of December 5 deadline.

Egypt's Ministry of Petroleum and Mineral Resources and Suez Canal Authority MOU Signing Ceremony. Egypt's petroleum ministry and Suez Canal Authority sign MOU for LNG bunkering facility  

Ministry and canal authority to develop LNG supply station in Port Said.

Legend of the Seas main engine startup. Meyer Turku starts first main engine on Legend of the Seas cruise ship  

Finnish shipbuilder fires up Wärtsilä engine ahead of 2025 Royal Caribbean delivery.

Malik Energy Leadership Development Programme group photo. Malik Energy launches internal leadership development programme  

Marine fuel supplier rolls out training initiative for managers across its supply and energy divisions.





 Recommended