Royal Caribbean Group secures Meyer Turku shipyard capacity through 2036

   September 24, 2025 ,   Cruise Industry

RCG-Royal Caribbean Group has entered into a long-term framework agreement with the Finnish shipyard Meyer Turku, guaranteeing its right to commission new vessels at the yard through 2036. Under this accord, the company has confirmed the order of Icon 5, scheduled for delivery in 2028, subject to securing appropriate financing, and has secured an option for Icon 7. Previously, an option for Icon 6 had already been announced. 

To date, Meyer Turku has delivered two Icon-class vessels under contract to Royal Caribbean: Icon of the Seas (entered service in January 2024) and Star of the Seas (August 2025). The third of the class, Legend of the Seas, is scheduled to sail in Summer 2026, with Icon 4 set for delivery in 2027. 

Meyer Turku is formed to benefit significantly from the agreement. The shipyard, which has built 25 ships for Royal Caribbean Group since the mid-1990s, will receive a steady pipeline of Icon-class construction over the next decade. The projects are large industrial undertakings that are estimated to bring more than a billion euros annually in added value to the Finnish economy. 

Royal Caribbean notes that orders beyond Icon 5 will depend on the company exercising its options and completing firm construction contracts, which will be subject to customary conditions including financing. 

The agreement further positions Royal Caribbean for a “new, game-changing class of ship beyond Icon,” according to statements by its senior leadership. Meyer Turku’s chief executive has expressed pride in the recognition this brings to its workforce and to Finnish maritime craftsmanship.