Azamara’s Fleet Comes Under V.Ships Leisure’s Ship Management

Azamara’s four-ship luxury fleet is now under the ship management of V.Ships Leisure, which has assumed all technical oversight, crewing and port operations, according to Per Bjornsen, CEO, V.Ships Leisure.

After private equity firm, Sycamore Partners’ acquisition of Azamara from the Royal Caribbean Group earlier this year, the Azamara Onward entered V.Ships’ management following the ship’s acquisition, while the company brought the Quest into management on October 23, the Pursuit on October 28 and the Journey on October 31.

Detailed Way

“We’ve been through the plan in the most detailed way to ensure there is no change to the guest experience. That has been the core,” said Bjornsen, noting that while it is rare to decouple brands from a major cruise group, V.Ships has done it several times.

Taking over four sister ships, the crew will stay the same, but be managed by V.Ships, while other new systems have been put in place.

“We are moving toward more data-driven management for planned maintenance, for example,” Bjornsen told Cruise Industry News. “The data is being migrated to our platform, ShipSure, which is the digital platform in the centre of everything we do. There has been detailed planning with Azamara, Royal Caribbean Group and our team to make this smooth.”

“There has been thorough planning of crewing, the procurement hand over and customization of the safety management system – making sure there are no gaps compared to the service which was provided previously. However, we see this as a greenfield opportunity to do things smarter.”

Four Ships

“When you have the opportunity to have four sister ships, it’s quite interesting what you can do, comparing the fleet, how you operate and sharing best practices. There is a tremendous amount of data and if you use it cleverly you can move towards predictive maintenance,” Bjornsen explained.

Moving to V.Ships, Azamara has access to a global network of offices, purchasing power and redundancy of resources.

“It’s important that we share the same culture,” Bjornsen said of Azamara’s and Sycamore’s relationship with V.Ships. “Safety is the number one priority and we are going into this with a long-term horizon working together as partners.”

Royal Caribbean’s Ships: 44 Percent Full in Q3 But Cash Flow Accretive

Independence of the Seas in Southampton Photo Credit Spacejunkie2

How full are Royal Caribbean Group’s cruise ships?

The company reported on Friday that ships in its core deployment regions in the third quarter saw a load factor of 44 per cent occupancy.

Despite the low load factor, the company said that those ships were cash flow accretive excluding start-up costs.

Total revenue per passenger cruise day was up 12 per cent versus record levels seen in 2019 based on strong onboard revenue performance.

The company said in its third-quarter earnings release it hopes to ramp up to load factors of 65 to 70 per cent during the fourth quarter and expects ships in the fourth quarter will be cash flow accretive even when including start-up costs.  

By the end of the year, the company expects that 50 out of 61 ships will have returned to service, representing almost 100% of core itinerary capacity and approximately 80% of worldwide capacity. 

The remaining ships are expected to return by the spring of 2022 and return to historical load factors in the third quarter of 2022.

Icon of the Seas Gets First 307-Ton LNG Fuel Tank Installed

Royal Caribbean International has posted a video of the installation of the first of the two LNG fuel tanks that the new Icon of the Seas will boast.

The fuel tank – which Royal Caribbean brands are “game-changing” – weighs 307 tons and measures 90 feet (27 meters) in length. According to the cruise line, they are the largest LNG (liquefied natural gas) fuel tanks in the cruise industry.

The 5,000-passenger ship will be the cruise line’s first ship powered by LNG. Its construction is underway at Meyer Turku shipyard. The vessel is set to debut in fall 2023.

The cruise line said that LNG makes for “virtually zero sulfur dioxides and particulates” and a “significant reduction in nitrous oxides.” The ship will also use shore power connectivity to remove emissions while connected at the port, as well as advanced waste heat recovery systems that repurpose heat to be used as energy onboard.

The Icon of the Seas is the first ship in the cruise line’s new Icon Class. Royal Caribbean said that the vessel will “make waves” with a mix of innovations and adventures “cruising’s never seen before.”

The ship will be a significant milestone in the cruise line’s journey to becoming emission-free and building a “clean-energy future,” Royal Caribbean wrote.

“Decades of continuous improvement in energy efficiency and ocean conservation will be evident throughout the Icon,” the cruise line shared.