tx121 Posted May 11, 2020 #1 Share Posted May 11, 2020 (edited) Due to the current situation and cruise lines struggling financially, do you think we will ever see Icon of the Seas? Edited May 11, 2020 by tx121 Link to comment Share on other sites More sharing options...
Roger88 Posted May 11, 2020 #2 Share Posted May 11, 2020 Its my dream to travel with Icon one day. Its like one of the biggest ships out there. Well, their operations will be limited for sure but its not like they are going anywhere. The demand on such cruisers will still remain quite high. I myself will want to travel with it someday.. need to check prices and availability Link to comment Share on other sites More sharing options...
deliver42 Posted May 11, 2020 #3 Share Posted May 11, 2020 Eventually, but I wouldn't hold my breath. Link to comment Share on other sites More sharing options...
zekekelso Posted May 11, 2020 #4 Share Posted May 11, 2020 Just me, but I really hate that name. Link to comment Share on other sites More sharing options...
BP99 Posted May 11, 2020 #5 Share Posted May 11, 2020 1 hour ago, zekekelso said: Just me, but I really hate that name. If they keep holding up our money they could call it "Refund of the Seas". 1 4 Link to comment Share on other sites More sharing options...
Mapleleafforever Posted May 11, 2020 #6 Share Posted May 11, 2020 (edited) One day, yes. Edited May 11, 2020 by Mapleleafforever Link to comment Share on other sites More sharing options...
Stick93 Posted May 11, 2020 #7 Share Posted May 11, 2020 19 minutes ago, BP99 said: If they keep holding up our money they could call it "Refund of the Seas". Maybe the funniest think I have read here in a while. This is actually a good question and probably a tough answer. Who knows what will happen to any other the ships not in production and in concept land. Eventually anything can happen but that’s unknown. Link to comment Share on other sites More sharing options...
hapster85 Posted May 11, 2020 #8 Share Posted May 11, 2020 Its my dream to travel with Icon one day. Its like one of the biggest ships out there. Well, their operations will be limited for sure but its not like they are going anywhere. The demand on such cruisers will still remain quite high. I myself will want to travel with it someday.. need to check prices and availability If it's ever built, you mean. I don't think anyone would be surprised by a postponement, if not an outright cancellation. Link to comment Share on other sites More sharing options...
Biker19 Posted May 11, 2020 #9 Share Posted May 11, 2020 2 minutes ago, hapster85 said: If it's ever built, you mean. The Icon construction thread would suggest that work is continuing - we just don't know the pace. Link to comment Share on other sites More sharing options...
Milwaukee Eight Posted May 11, 2020 #10 Share Posted May 11, 2020 1 minute ago, Biker19 said: The Icon construction thread would suggest that work is continuing - we just don't know the pace. Delay delay delay Link to comment Share on other sites More sharing options...
hapster85 Posted May 11, 2020 #11 Share Posted May 11, 2020 The Icon construction thread would suggest that work is continuing - we just don't know the pace.Until it doesn't. Hopefully it will, though. Only time will tell. Link to comment Share on other sites More sharing options...
zekekelso Posted May 12, 2020 #12 Share Posted May 12, 2020 5 hours ago, Heymarco said: Construction has already started and ship will defiantly be finished Rules be dammed, I will be built! 3 Link to comment Share on other sites More sharing options...
zonacruiser25 Posted May 12, 2020 #13 Share Posted May 12, 2020 With so much attention on "When will we cruise again" there is little to no information on ship building other than it is stopped for now. All the cruise lines are juggling for now, might make for a fun stage show when cruising starts. I have not seen a synopsis on the status of construction of new ships. Maybe this information is in an annual report or other shareholder reports. Does anyone have information on this? Link to comment Share on other sites More sharing options...
leisuretraveler223 Posted May 12, 2020 #14 Share Posted May 12, 2020 As I've said before, I don't see a path forward that doesn't lead to every cruise operator ending up in bankruptcy reorganization. So, I don't know what cruise companies will even exist and in what fashion in two years. If the construction has begun, I imagine something will come of it. But the days of anyone wanting to hear about a ship with 5,000 passengers are dead. Link to comment Share on other sites More sharing options...
Biker19 Posted May 12, 2020 #15 Share Posted May 12, 2020 55 minutes ago, zonacruiser25 said: Maybe this information is in an annual report or other shareholder reports. Does anyone have information on this? RCCL's quarterly report would normally have been out by now, but SEC has given companies up to 45 days after the 5/11 deadline to post them. These reports only include general timelines on delivery of new ships - not sure that will change. Link to comment Share on other sites More sharing options...
hapster85 Posted May 13, 2020 #16 Share Posted May 13, 2020 Construction has already started and ship will defiantly be finished. In this environment? Definitely no guarantee of that. 1 Link to comment Share on other sites More sharing options...
Rare steamboats Posted May 13, 2020 #17 Share Posted May 13, 2020 10 minutes ago, hapster85 said: In this environment? Definitely no guarantee of that. Yes, construction has started... the first hull sections have been finished... they are waiting to be transferred to Turku. This won´t happen until the Mardi Gras is leaving Turku. steamboats 1 Link to comment Share on other sites More sharing options...
hapster85 Posted May 13, 2020 #18 Share Posted May 13, 2020 Yes, construction has started... the first hull sections have been finished... they are waiting to be transferred to Turku. This won´t happen until the Mardi Gras is leaving Turku. steamboatsI wasn't questioning the start, I was being skeptical of the completion. Link to comment Share on other sites More sharing options...
Rare steamboats Posted May 14, 2020 #19 Share Posted May 14, 2020 They will complete it but maybe not in the time frame which was announced... So it may come later. steamboats Link to comment Share on other sites More sharing options...
Chiliburn Posted May 14, 2020 #20 Share Posted May 14, 2020 1 hour ago, steamboats said: They will complete it but maybe not in the time frame which was announced... So it may come later. steamboats So just say RC does go bust , would the ship yard get a government grant to finish the project and keep jobs. Link to comment Share on other sites More sharing options...
Fin Cruiser Posted May 14, 2020 #21 Share Posted May 14, 2020 1 hour ago, Chiliburn said: So just say RC does go bust , would the ship yard get a government grant to finish the project and keep jobs. Rc has its financing covered already to the ship. It is one of the conditions before they sing the contract. So yes ship yard will build it to finish. Government has some guarantees in those financing solutions. 1 Link to comment Share on other sites More sharing options...
mugtech Posted May 14, 2020 #22 Share Posted May 14, 2020 6 minutes ago, Fin Cruiser said: Rc has its financing covered already to the ship. It is one of the conditions before they sing the contract. That must be quite the event, singing the contract. Sounds like a musical worse than CATS. 1 Link to comment Share on other sites More sharing options...
Nami Posted May 14, 2020 #23 Share Posted May 14, 2020 I live in Turku and have friends and family members who are currently working in the Meyer Turku shipyard. What I have heard from them and local newspapers is: Constructions should have started last month, but they didn't. Some parts have built somewhere else, but nothing in Turku yet. (Fact) Meyer Turku has announced that that instead of two cruise ships, the shipyard will hand over only one cruise ship per year. They are currently discussing about the details with Royal Caribbean and other customers. (Fact) Shipping companies may suspend the repayment of export credits for one year. Also their loans can't be terminated on the basis of the terms of the agreement. All major European shipbuilding countries (Germany, France, Finland, Italy and Norway) have joined the arrangement. (Fact) Icon will be built, but not in the original schedule. (Probably true) Icon construction works in Turku will start 2022. (Just a rumor) Link to comment Share on other sites More sharing options...
Rare steamboats Posted May 14, 2020 #24 Share Posted May 14, 2020 Nami, yes, Meyer is discussing with the cruise lines as some are not interested in getting the ships in time right now. And therefore they want to reduce the capacity to one ship per year both in Turku and Papenburg (plus maybe a small one in Papenburg). The first hull segments have been assembled in Lithuania. The photos have been posted in the building thread. It basically depends on the customer - RCI - whether they want the ship in time or delayed. When cruising resumes the people might be eager to sail on more environmental ships and RCI has no LNG ship yet. I don´t think the start will be delayed until 2022. Maybe second half of 2021. steamboats 1 Link to comment Share on other sites More sharing options...
Biker19 Posted May 21, 2020 #25 Share Posted May 21, 2020 From the SEC filing today (no change from annual filling in February): Link to comment Share on other sites More sharing options...
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