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Royal Caribbean bumps up fuel surcharge

In an effort to deal with the sharp increase in fuel prices, Royal Caribbean
has implemented a fuel supplement for its customers in Europe, the Middle East and AfricaThe charge will be £2.50/ €3.50 per guest per day for all new bookings made on or after 10 December 2007 for sailings that depart on or after 1 February 2008. 

“I thank our guests for understanding our need to implement this fuel supplement,” said Brian Rice, executive vice president and chief financial officer of Royal Caribbean Cruises Ltd.  “We have gone to great lengths to minimize the impact of rising fuel costs, for example, designing and building more fuel-efficient ships, installing energy-saving lighting, and using air conditioning more efficiently.  Unfortunately, as fuel prices have reached record highs, we are forced to take this extraordinary step to offset those costs.”

The charge will involve three Royal Caribbean Cruises Ltd. brands: Royal Caribbean International, Celebrity Cruises and Azamara Cruises.  Existing bookings, those made prior to 10 December 2007 and those that depart prior to 1 February 2008, will not be affected.  The supplement will apply only to the first and second guests in each stateroom and will not exceed £35/€49 per person, per sailing.

                                                                             

The supplement will assist the company in offsetting the widespread increases in fuel prices, which have more than doubled in recent years.  The supplement will be periodically reviewed, with the intent of being temporary, and may be adjusted as fuel prices fluctuate.
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