Boardroom Alpha
10-K primary document
RCL · Annual Report (Form 10-K) · Filed February 11, 2026

Royal Caribbean Cruises Ltd10-K exhibit

a2025q4exhibit211.htm
Document
Exhibit 21.1
LIST OF SUBSIDIARIES

The following is a list of all our subsidiaries, their jurisdiction of incorporation and the names under which they do business. This list does not include those subsidiaries that, in the aggregate, would not have been a “significant subsidiary” as of December 31, 2025.

NAMEINCORPORATION
Admiral Management Inc.Liberia
Canodros CLEcuador
CCL Holdings LLCLiberia
CCL Ships LLCLiberia
Celebrity Cruises Holdings Inc.Liberia
Celebrity Cruises Inc., doing business as Celebrity CruisesLiberia
GG Operations Inc.Delaware
Global Fleet Management LLCLiberia
Island for Science, Inc.Indiana
Islas Galapagos Turismo y Vapores CAEcuador
Labadee Investments Ltd. Cayman Islands
RCI Holdings LLCLiberia
RCI Ships LLCLiberia
RCL Celebrity Ships LLCLiberia
RCL Cruise Holdings LLCLiberia
RCL Cruises (Cyprus) LimitedCyprus
RCL Cruises Ltd.
England and Wales
RCL GEO LLCFlorida
RCL Holdings Cooperatief U.A.Netherlands
RCL Holdings LLCLiberia
RCL Investments Ltd.
England and Wales
RCL Ships LLCLiberia
RCL TUI Cruises German Holding GmbH & Co. KGGermany
RCL (UK) Ltd.
England and Wales
RCL Worldwide (Hong Kong) LimitedHong Kong
RCL Worldwide Ltd.Liberia
Royal Caribbean Cruises (Asia) Pte. Ltd.Singapore
Royal Caribbean Cruises Services (China) Company LimitedChina
Royal Caribbean Holdings LLCLiberia
Royal Caribbean Ships LLCLiberia
SG Expeditions Cyprus LimitedCyprus
SG Expeditions SAGLSwitzerland
Silversea Cruise Finance LLCLiberia
Silversea Cruises Australia Pty. Ltd.Australia
Silversea Cruises Canada Ltd.Canada
Silversea Cruises (Europe) Ltd.England and Wales
Silversea Cruises LLCLiberia
Silversea Cruises South Africa Pty. Ltd.South Africa
Silversea Cruises (UK) Ltd.England and Wales
Silversea Finance Holdings LLCLiberia
Silversea Finance Ships LLCLiberia
Silversea Holdings LLCLiberia
Silversea SAMMonaco



NAMEINCORPORATION
Silversea Ships LLCLiberia
Societe Labadee Nord, S.A.Haiti
White Sand Inc.Liberia
XP Tours S.A.Ecuador


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