In March 2008, the Royal Caribbean Group signed an initial contract to build the fourth 158,000GT vessel for the fleet’s Freedom-class. However it now seems that the likelihood of this becoming a firm order is slim. “The prospects of this agreement becoming a firm contract is considered less likely than when the understanding was announced in March 2008,” said a statement issued by the yard. “STX Europe’s customers are generally financially sound and nearly all projects in the company’s portfolio already have secured financing; however, in the current economic environment and with uncertain market prospects, the risk of defaults on payments for project deliveries cannot be ruled out.”
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