Third Oasis-class Ship on Hold
by Paul Motter
We look at some of the finer details behind the deal to build the third Oasis-class ship
The Oasis-class is the
cruise ship class ever
Royal Caribbean has had nothing but unprecedented success with every facet of the Oasis-class project - except one; getting the money to build these ships. The Oasis-class ships, at 225,282-gross tons, are by far the largest and most costly cruise ships in history. The first one came in at roughly $1.4-Billion. The first ship in a class is by definition the most expensive since it includes design and other unforeseen cost overruns.
Both Oasis and Allure of the Seas were built at the Finnish shipbuilder STX Europe, in Turku Finland.
#1 Oasis was ordered in November of 2007 and construction commenced immediately. It was delivered in October of 2009. Much like cars, shipyards do not receive payment for the ship until the vessel is delivered to the end user.