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Royal Caribbean Cruises Ltd. has announced the suspension of its fuel supplement for Royal Caribbean International, Celebrity Cruises and Azamara Cruises sailings that depart on or after January 1st 2009, anywhere in the world.

The company said the decision "reflects the recently sustained lower price of fuel".

Effective Monday, December 8th, guests making new bookings for sailings that depart on or after January 1st 2009, will not be charged the fuel supplement.

Guests already booked on sailings that depart on or after January 1st 2009, will receive a refund of any fuel supplement paid, as follows:

-- Guests with existing bookings for sailings that depart on or after January 1st 2009, and who are now paid in full, will have the supplement automatically refunded to them in the form of an onboard credit during their sailing.

-- Guests with existing bookings for sailings that depart on or after January 1st 2009, and who are not yet paid in full, will have the supplement automatically removed from their outstanding balance.

Royal Caribbean said that it reserved the right to reinstate fuel supplement charges if the price of West Texas Intermediate (WTI) fuel exceeded $65 per barrel, on the quarterly milestone dates included below:

Fuel Price Determination Date	Quarter of Possible Fuel Supplement Refunds
December 18, 2008	First quarter 2009
March 18, 2009	Second quarter 2009
June 17, 2009	Third quarter 2009
September 17, 2009	Fourth quarter 2009
December 18, 2009	First quarter 2010
March 18, 2010	Second quarter 2010
June 17, 2010	Third quarter 2010
September 17, 2010	Fourth quarter 2010

Royal Caribbean announced on October 24th 2008, that no fuel supplement would be charged for new bookings made on or after November 10th 2008, for sailings that depart on or after January 1st 2010, unless there is an upturn in fuel prices. The company said its latest announcement does not affect those previous terms.