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Kvaerner Masa Revitalisation Project Agreement

Posted on August 2, 2004

Royal Caribbean International Ltd. and Kvaerner Masa-Yards Inc. have agreed on a revitalisation project, including a midbody lengthening, for the luxury cruise ship M/S Enchantment of the Seas originally built in 1997. The project was developed by Kvaerner Masa-Yards Inc.’s Customer Service Division. The midbody will be built at Kvaerner Masa-Yards in Turku and the lengthening will take place between mid-May and early July 2005 during drydocking at the Keppel Verolme Shipyard in Rotterdam. The contract is valued at US$48 to 54 million. The project includes an extensive public area revitalisation program, as well as a lengthening of the ship by building a 22.2 meter midbody, cutting, inserting and joining of the midbody, as well as final outfitting, powering up and recomissioning of the ship. After the lengthening, the ship will be 301.8 m overall.

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