The collaboration will help trial innovations and technologies on Royal Caribbean Group ships. Credit: Chris Pagan / Unsplash.

Royal Caribbean Group has reached a strategic agreement with the Finnish Government for innovative and sustainable shipbuilding in Finland.

The Finnish government was represented by the Ministry of Economic Affairs and Employment (MEAE) and shipbuilding company Meyer Turku.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The parties signed a maritime declaration to boost competitiveness and innovation in the industry.

This collaboration will help prepare a roadmap for manufacturing climate-neutral ships in the country, which is said to be part of the green transition in the sector.

The partners will also trial innovations and technologies on Royal Caribbean Group ships and develop new solutions to secure the industry’s long-term viability.

See Also:

Besides, they will create a digital demonstration of a climate-neutral vessel as part of the Finnish labour and economy ministry’s sustainable maritime industry development programme.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The agreement advances the Destination Net Zero strategy of Royal Caribbean Group, which includes a 2050 target for the decarbonisation of its operations.

It also supports the company’s near and medium-term targets, including double-digit carbon intensity reduction by 2025 from 2019 and launching a net-zero cruise ship by 2035.

The shipping company stated that the declaration follows the floating out of the Icon of the Seas.

Royal Caribbean Group president and CEO Jason Liberty said: “Our partners in Finland have helped us deliver some of the world’s most impressive and sustainable ships of their time, including our newest ship debuting in January 2024, Icon of the Seas.

“This new partnership sets the stage for future innovations and allows us and the maritime industry to continue pursuing sustainability at the highest level.”