(9:40 a.m. EST) -- Royal Caribbean's third Oasis-class vessel will be built by STX's shipyard in France and will be delivered in mid-2016. The cruise line also took an option for a second ship with a potential delivery of mid-2018.
The order for the ship was first announced in October, but since then it has been unclear which shipyard would actually build it. Both Oasis of the Seas and Allure of the Seas were built at STX Turku in Finland, but Finland was unable to pull together adequate funding to secure the ship order.
According to the South Florida Business Journal, the price per berth for the ship will cost less than either Oasis or Allure. And while the cruise line did not provide the actual price, it did reveal its projected capital expenditures for 2012, 2013, 2014, 2015, 2016 are $1.3 billion, $700 million, $1.2 billion, $1.2 billion and $1.3 billion, respectively.
STX France has previously built seven Royal Caribbean ships, and is known for building Cunard's Queen Mary 2.