Royal Caribbean Cruises has signed an agreement with TUI Cruises, a joint venture between Royal Caribbean and TUI AG, to sell its cruise ship Splendour of the Seas.
The vessel will be transferred to TUI Cruises in the second quarter of 2016 and later will be leased to Thomson Cruises, Royal Caribbean stated.
Royal Caribbean Cruises chairman and CEO Richard D Fain said: "Splendour of the Seas debuted in 1996 and has served Royal Caribbean International extremely well.
"The ship’s sale is in-line with our strategic objective of divesting ourselves of older hardware and keeps us firmly on the course to the double-double."
Constructed by Chantiers de l’Atlantique, the 69,130t Splendour of the Seas joined the Royal Caribbean International fleet in 1996.
The 264.2m-long and 32m-wide vessel is capable of accommodating 2,074 passengers and up to 750 crew members.
Royal Caribbean International president and CEO Michael Bayley said: "She has offered countless guests memorable vacation experiences and we look forward to continuing to provide the same Gold Anchor Service our brand is known for right up to the last sailing."
In October 2011, Royal Caribbean signed a contract with Navantia for extensive refurbishment of Splendour of the Seas.
The refurbishment programme included adding 124 balconies, dining spaces, guest amenities and stateroom amenities.
In addition, scheduled maintenance to the propellers, shafts and rudder was also conducted during the refit.
Image: Splendour of the Seas. Photo: courtesy of Ivan T.