Royal Caribbean confirms Icon 5 order as it secures long-term shipyard deal

Royal Caribbean Group has announced a long-term framework agreement with Meyer Turku that secures its rights to build at the yard through the next decade.

As part of this agreement, Royal Caribbean Group also confirms an order for Icon 5 to be delivered in 2028, subject to financing, and adds an option to build Icon 7 (in addition to the previously announced option to build Icon 6).

"We are excited to continue collaborating with Meyer Turku to grow the Icon Class... [to] position us to usher in a new era of innovation that will disrupt the vacation sector through 2036," said Royal Caribbean Group president and CEO Jason Liberty. "This is an exciting time for our company, and we are proud to launch this new stage in our history with our esteemed partners, Meyer Turku, the Finnish government, and the Finnish maritime cluster."

To date, Meyer Turku has built, and Royal Caribbean Group has launched two Icon Class ships, Icon of the Seas (January 2024) and Star of the Seas (August 2025), with the third Icon ship – Legend of the Seas – scheduled to sail in mid-2026. Icon 4 is scheduled to be delivered in 2027.

Meyer Turku CEO Casimir Lindholm added: "With the framework agreement now signed, we announce our common plan for the next decade in cooperation with Royal Caribbean Group and other key partners to build more Icon Class ships and drive the future of shipbuilding over the next decade. I am extremely proud of the recognition that these orders bring to the skilled personnel at Meyer Turku and to the Finnish maritime industry expertise."

Orders beyond Icon 5 are subject to Royal Caribbean Group’s exercise of the options and execution of firm construction agreements, which are expected to be subject to customary conditions including financing.

The Turku shipyard has built 25 ships for Royal Caribbean Group since mid-1990s.

"This new framework agreement is excellent news for Finland. The longstanding collaboration between Royal Caribbean Group and Meyer Turku will continue to have a significant positive impact on Finland’s economy, creating jobs across the country and energizing our unique maritime ecosystem," said Prime Minister of Finland Petteri Orpo.