ROYAL CARIBBEAN GROUP ANNOUNCES GROUND-BREAKING BIOFUEL TESTING, ACCELERATING THE INDUSTRY'S ENERGY TRANSITION

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06/06/2023 - 07:00 AM

Celebrity Cruises' Celebrity Apex and Royal Caribbean International's Symphony of the Seas will be at the forefront of alternative fuel use thanks to extended sustainable biofuel tests this summer in Europe

MIAMI, June 6, 2023 /PRNewswire/ -- This summer, Royal Caribbean Group (NYSE: RCL) will set a new industry milestone in alternative fuel use when Celebrity Cruises' Celebrity Apex and Royal Caribbean International's Symphony of the Seas, set sail in Europe using sustainable biofuel to meet part of the ships' fuel needs. The landmark test will contribute critical data and research on the fuel's capabilities and supply chain infrastructure needed to further the industry's alternative fuel ambitions.

During the three-month test, Celebrity Apex will depart from the Port of Rotterdam and Symphony of the Seas will depart from the Port of Barcelona, using a biofuel blend that reduces the ships' carbon emissions. The biofuel blend is produced by purifying renewable raw materials like oils and fats and combining it with fuel oil to create an alternative fuel that is cleaner and more sustainable.

"Biofuels will play an increasingly important role in achieving, not only our own, but the entire maritime sector's decarbonization goals in the short and medium term. We take great pride in continuing to push our industry forward in exploring innovative fuel solutions that reduce carbon impact and preserve the vibrancy of the oceans we sail," said Jason Liberty, President and CEO, Royal Caribbean Group.

The cruise company plans to continue increasing the use of alternative lower carbon fuel to meet the needs of its ships across the fleet. After the trials are completed this summer, Royal Caribbean Group plans to scale up the use of alternative fuels, including biofuels, across upcoming European summer sailings.

"With our sights set on a bright and sustainable future, we are committed to collaboration and innovation to ensure we deliver great vacation experiences, responsibly. With the completion of the trials our hope is to advance our ships' ability to meaningfully reduce emissions and propel forward strategic partnerships with suppliers and ports to ensure there is sufficient availability of biofuel and infrastructures to make maritime energy transition a reality," Liberty said.

This key step in Royal Caribbean Group's pursuit of alternative fuels follows closely after a biofuel trial on its California-based Navigator of the Seas, became the first a cruise ship to sail from a U.S. port while using renewable diesel fuel this past fall.

With a sustainability journey that began over 30 years ago, Royal Caribbean Group has remained steadfast in its commitment to innovate, and advance, the solutions necessary for a better future. Building on a robust portfolio of technologies that improve energy efficiency, water treatment and waste management, trialing biofuels is a step that moves the company closer to achieving Destination Net Zero, its vision for net-zero emissions by 2050. To learn more about Royal Caribbean Group's sustainability efforts, information is available at www.royalcaribbeangroup.com/sustainability.

About Royal Caribbean Group:

Royal Caribbean Group (NYSE: RCL) is one of the leading cruise companies in the world with a global fleet of 64 ships traveling to approximately 1,000 destinations around the world. Royal Caribbean Group is the owner and operator of three award-winning cruise brands: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises, and it is also a 50% owner of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. Together, the brands have an additional 10 ships on order as of June 30, 2022. Learn more at www.royalcaribbeangroup.com or www.rclinvestor.com.