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The 1984-built Royal Princess (pictured in 1987) was Princess's first purpose-built ship. The first P&O Princess Cruises purpose-built cruise ship was Royal Princess, christened by Princess Diana in 1984, she was the largest new British passenger ship in a decade, and one of the first, if not the first, ships to completely dispense with ...
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In 1974, P&O acquired Princess Cruises, a North American cruise line founded in 1964 by Stanley McDonald. [2] In 1977, P&O de-merged its passenger services division to form P&O Cruises . [ 3 ] In 1988, P&O de-merged P&O Cruises' Australian operations, acquiring Sitmar Cruises , [ 4 ] which led to the formation of P&O Cruises Australia .
Ruby Princess is a Crown-class cruise ship operated by Princess Cruises, a subsidiary of Carnival Corporation & plc. At 113,561 GT , the vessel is the third and last in a series of three ships, known as the Crown class, that was built with design modifications distinguishing them from their older Grand -class sister ships.
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Historically, the cruise ship business has been volatile. The ships are large capital investments with high operating costs. A persistent decrease in bookings can put a company in financial jeopardy. Cruise lines have sold, renovated, or renamed their ships to keep up with travel trends. Cruise lines operate their ships almost constantly.