Royal Caribbean Cruises
has confirmed its premier new vessel, Oasis of the Seas, will debut on time in November.
The cruise line said it has secured the necessary loan commitments required to finance the ship, which will become the largest floating holiday resort of its kind when it sets sail, reports the Miami Herald.
Brian Rice, chief financial officer of Royal Caribbean, commented: "This financing is a testimony to the strength of our company, the terrific partnership we have with Finland and the outstanding long-term relationships we enjoy with our banks."
When it is completed, Oasis of the Seas will weigh 220,000 tonnes and carry around 5,400 passengers, in addition to 2,165 crew members.
Shares in the cruise line surged recently after US president Barack Obama announced a relaxation of travel restrictions to Cuba, according to Reuters.
Written by Mike Cotgreave