Navantia S.A., S.M.E. and Royal Caribbean Group (NYSE: RCL), have signed a strategic Framework Agreement, strengthening the long-standing partnership between the two companies, and setting the stage for future modernization and revitalization projects. The signing ceremony took place at Royal Caribbean Group’s headquarters in Miami, attended by executives from both companies.
The relationship between Navantia and Royal Caribbean dates back to 2012 when Navantia successfully revitalized two Royal Caribbean ships in Cádiz. Since then, 45 cruise ships from the vacation company have been refurbished, modernized, and revitalized at the Spanish shipyard, reinforcing its position as a leader in the cruise ship repair and revitalization industry.
Marcos Díaz, General Director Ship Repairs of Navantia and Anders Aasen, Senior Vice President Global Marine Technology of Royal Caribbean Group were present to sign the renewed agreement. “We are absolutely delighted to renew our frame agreement with Royal Caribbean and look forward to strengthening the already excellent relationship between our companies through safe and successful dockings of their fleet. We appreciate the trust bestowed upon us over the past 14 years by such a key leader of the cruise ship industry,” Marcos Diaz said.
Currently, Royal Caribbean’s Allure of the Seas is undergoing a major revitalization project at Navantia’s Cadiz shipyard. The ship has previously visited Navantia in 2015 and 2020, further showcasing the excellent relation between the two companies.