Award-winning global cruise brand Royal Caribbean International wants to attract Taiwanese passengers, one of the largest source markets in Asia with a 25 percent growth in passengers last year.
The cruise line operator disclosed its intentions for the Taiwanese market at a news conference in Keelung last week on board Ovation of the Seas, Asia’s largest Quantum-class ship.
“Taiwanese are keen cruisers and we want to whip up their appetites with the exciting experiences of Royal Caribbean,” Royal Caribbean Asia-Pacific managing director Angie Stephen said.
The number of passengers entering and leaving Keelung Port exceeded 600,000 last year, making Taiwan the second-largest source of tourists for Asian cruise ships, the US hospitality firm said, citing the Asia Cruise Trends report.
As the brand is offering newer and larger ships in Asia and other parts of the world in the coming two years, more Taiwanese will discover that cruises are being redefined by Royal Caribbean, with its ships being destinations in their own right, the company said.
Royal Caribbean was founded in Norway and is based in Miami, Florida.
With a 21.9 percent market share worldwide, the line operates 25 ships and has five additional ships on order.
All the ships under the Royal Caribbean brand have titles ending with “of the Seas.”
It is to redefine the cruise with the arrival of two new Quantum-class ships in Southeast Asia next year, which will be offering cruises from Singapore, Stephen said, adding that the newest ship, Spectrum of the Seas, would be debuting in Asia next year.
Spectrum of the Seas would be the largest ship in Asia when it sails its inaugural Southeast Asian season in May next year, the company said.
It would be the second time the cruise line is deploying a new ship to Asia, which underscores its growing confidence in the region, it said.
Spectrum of the Seas has a capacity of 5,622 guests and is 347m long, it said. It would overtake sister ships Quantum of the Seas and Ovation of the Seas, which are currently Asia’s largest, the company said.
The ship comes with first-at-sea features such as a sky pad, a virtual reality, “bungee trampoline experience” and two-level family suites with in-room slides, as well as new dining concepts, it said.
Spectrum of The Seas is to embark on a three-night cruise to Kuala Lumpur on May 18, a four-night cruise to Penang on May 21 and then a nine-night one-way cruise from Singapore to Shanghai, calling at Ho Chi Minh City and Nha Trang in Vietnam, and Hong Kong.
BIG BUCKS: Chairman Wei is expected to receive NT$34.12 million on a proposed NT$5 cash dividend plan, while the National Development Fund would get NT$8.27 billion Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, yesterday announced that its board of directors approved US$15.25 billion in capital appropriations for long-term expansion to meet growing demand. The funds are to be used for installing advanced technology and packaging capacity, expanding mature and specialty technology, and constructing fabs with facility systems, TSMC said in a statement. The board also approved a proposal to distribute a NT$5 cash dividend per share, based on first-quarter earnings per share of NT$13.94, it said. That surpasses the NT$4.50 dividend for the fourth quarter of last year. TSMC has said that while it is eager
‘IMMENSE SWAY’: The top 50 companies, based on market cap, shape everything from technology to consumer trends, advisory firm Visual Capitalist said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) was ranked the 10th-most valuable company globally this year, market information advisory firm Visual Capitalist said. TSMC sat on a market cap of about US$915 billion as of Monday last week, making it the 10th-most valuable company in the world and No. 1 in Asia, the publisher said in its “50 Most Valuable Companies in the World” list. Visual Capitalist described TSMC as the world’s largest dedicated semiconductor foundry operator that rolls out chips for major tech names such as US consumer electronics brand Apple Inc, and artificial intelligence (AI) chip designers Nvidia Corp and Advanced
Saudi Arabian Oil Co (Aramco), the Saudi state-owned oil giant, yesterday posted first-quarter profits of US$26 billion, down 4.6 percent from the prior year as falling global oil prices undermine the kingdom’s multitrillion-dollar development plans. Aramco had revenues of US$108.1 billion over the quarter, the company reported in a filing on Riyadh’s Tadawul stock exchange. The company saw US$107.2 billion in revenues and profits of US$27.2 billion for the same period last year. Saudi Arabia has promised to invest US$600 billion in the US over the course of US President Donald Trump’s second term. Trump, who is set to touch
SKEPTICAL: An economist said it is possible US and Chinese officials would walk away from the meeting saying talks were productive, without reducing tariffs at all US President Donald Trump hailed a “total reset” in US-China trade relations, ahead of a second day of talks yesterday between top officials from Washington and Beijing aimed at de-escalating trade tensions sparked by his aggressive tariff rollout. In a Truth Social post early yesterday, Trump praised the “very good” discussions and deemed them “a total reset negotiated in a friendly, but constructive, manner.” The second day of closed-door meetings between US Secretary of the Treasury Scott Bessent, US Trade Representative Jamieson Greer and Chinese Vice Premier He Lifeng (何立峰) were due to restart yesterday morning, said a person familiar