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Royal Caribbean Group First Cruise Company in US to Sail Using Renewable Diesel Fuel

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Royal Caribbean Group (NYSE: RCL) recently made headlines as the first major cruise line to use renewable diesel fuel for part of its fuel needs. This milestone was achieved when the Navigator of the Seas set sail from the Port of Los Angeles. This move aligns with the company's Destination Net Zero strategy aimed at achieving net-zero emissions by 2050. The renewable fuel used is molecularly identical to traditional marine fuels, enabling seamless integration with existing engines. The partnership with World Fuel Services marks a critical step in enhancing sustainability within the cruise industry.

Positive
  • Royal Caribbean Group is the first major cruise line to use renewable diesel fuel, enhancing its sustainability efforts.
  • The renewable fuel significantly reduces carbon emissions compared to traditional marine fuels.
  • The initiative supports the company's 'Destination Net Zero' strategy aimed at achieving net-zero emissions by 2050.
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  • None.

Group partners with World Fuel Services for first bunkering of lower carbon fuel, a vital step in its Destination Net Zero decarbonization strategy

LOS ANGELES, Oct. 28, 2022 /PRNewswire/ -- Today, Royal Caribbean Group (NYSE: RCL) became the first major cruise line operator to sail a cruise ship from a U.S. port while using renewable diesel fuel to meet part of the ship's fuel needs when Navigator of the Seas set sail from the Port of Los Angeles. Part of the Group's award-winning cruise line, Royal Caribbean International, the use of renewable fuel will reduce the ship's carbon emissions.

This key step in the Group's pursuit of alternative fuels comes less than a year after the unveiling of Destination Net Zero, Royal Caribbean Group's comprehensive decarbonization strategy.

"We are committed to investing in technologies and innovations that will help us reduce emissions and fulfill our purpose to deliver great vacations responsibly," said Laura Hodges Bethge, Royal Caribbean Group's Executive Vice President, Shared Services Operations. "As we celebrate this milestone, we continue to set our sights on other leading alternative solutions to meet our net zero goals."

The renewable fuel being used by Navigator of the Seas contains less carbon than traditional marine fuels. While this fuel is produced from renewable raw materials, the production process for this fuel makes it molecularly identical to traditional marine gas oil — creating a "drop in" fuel that can be safely used with the ship's existing engines.

The cruise company plans to continue using lower carbon fuel to meet part of the Los Angeles-based ship's fuel needs as it evaluates the feasibility for long-term use, with ambitions to expand its usage to other ships across the fleet. This follows a similar trial by the Group's joint venture partner, Hapag-Lloyd Cruises, which is exploring a different process for developing a sustainable biofuel.

For the trial, Royal Caribbean Group has partnered with World Fuel Services to supply the renewable fuel to Navigator of the Seas. The Jankovich Company will deliver the fuel on behalf of World Fuel Services to the ship while at the Port of Los Angeles. Once fueled, Navigator of the Seas will set sail to Mexico.

"We are extremely proud to be a part of Royal Caribbean Group's journey toward making the cruise industry more sustainable by leveraging our renewable fuel distribution capabilities and technical expertise to facilitate the use of renewable fuel in a marine application," said Michael J. Kasbar, Chairman and Chief Executive Officer, World Fuel Services Corporation.

In addition to testing the use of biofuel aboard Navigator of the Seas, Royal Caribbean Group is set to debut the cruise industry's first hybrid-powered ship in summer 2023, as part of Silversea Cruises newest class of ships, the Nova class. The Group is also working to reduce emissions while at port by investing in shore power on its ships and collaborating with key cruise ports for its use. For example, in 2021, Royal Caribbean Group signed an agreement to bring shore power to PortMiami, which will enable ships to use electricity at port instead of burning fuel. The company also is introducing a new zero-energy cruise terminal in the Port of Galveston, Texas, that builds on its sustainable design efforts and will be a LEED-Gold certified facility.

To learn more about Royal Caribbean Group's sustainability efforts, visit https://sustainability.rclcorporate.com/.

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.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/royal-caribbean-group-first-cruise-company-in-us-to-sail-using-renewable-diesel-fuel-301662603.html

SOURCE Royal Caribbean Group

FAQ

What is Royal Caribbean Group's recent initiative regarding renewable diesel fuel?

Royal Caribbean Group became the first major cruise line to use renewable diesel fuel for part of its fuel needs, enhancing sustainability efforts.

When did Royal Caribbean's Navigator of the Seas set sail using renewable fuel?

Navigator of the Seas set sail using renewable fuel from the Port of Los Angeles on October 28, 2022.

What is the purpose of the Destination Net Zero program by Royal Caribbean?

The Destination Net Zero program aims for Royal Caribbean Group to achieve net-zero emissions by 2050.

Who did Royal Caribbean Group partner with for the renewable diesel fuel supply?

Royal Caribbean Group partnered with World Fuel Services to supply renewable diesel fuel for the Navigator of the Seas.

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