Royal Caribbean Cruises Ltd. has ordered a fifth Quantum-class ship from Meyer Werft in Germany, which will be be delivered in the fall of 2020.

"It is such a pleasure to announce the order of another Quantum-class ship as we are welcoming Anthem of the Seas to North America," said Richard D. Fain, chairman and CEO of Royal Caribbean Cruises Ltd.

"These ships have been received with excitement, and performed exceptionally well, across the globe. We fully expect that momentum to continue as we add to this innovative class of ships."

"At Royal Caribbean we are focused on continuously improving efficiency and sustainability, and the fifth Quantum class vessel will be clear evidence of this," said Michael Bayley, president and CEO of Royal Caribbean International.

Based on current ship orders, Royal Caribbean's projected capital expenditures for full year 2015, 2016, 2017, 2018 and 2019 are US$1.6bn, US$2.4bn, US$0.5bn, US$2.5bn and US$1.4bn, respectively. The company added that the expected capacity increases are 5.4%, 6.4%, 3.4%, 3.7% and 6.6%, respectively.