SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Liberty Jason T

(Last)

(First)

(Middle)

ROYAL CARIBBEAN CRUISES LTD.

1050 CARIBBEAN WAY

(Street)

MIAMI

33132

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/08/2013

3. Issuer Name and Ticker or Trading Symbol
ROYAL CARIBBEAN CRUISES LTD [ RCL ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP, Strategy & Finance

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	9,219⁽¹⁾	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Option to Purchase Common Stock⁽²⁾	⁽³⁾	02/11/2018	Common Stock	3,138	$38.305⁽⁴⁾	D
Option to Purchase Common Stock⁽⁵⁾	02/10/2013	02/10/2019	Common Stock	3,977	$7.265⁽⁴⁾	D
Option to Purchase Common Stock⁽⁵⁾	⁽⁶⁾	02/08/2020	Common Stock	5,386	$25.16⁽⁴⁾	D
Option to Purchase Common Stock⁽⁵⁾	⁽⁷⁾	02/08/2021	Common Stock	5,771	$46.18⁽⁴⁾	D

Explanation of Responses:

1. Includes shares of common stock underlying restricted stock units granted to the reporting person under the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan, which vest as follows: 1,036 on 2/15/2013; 141 on 9/11/2013; 1,919 on 2/8/2014; 1,036 on 2/15/2014; 141 on 9/11/2014; 676 on 2/8/2015; 1,035 on 2/15/2015; 141 on 9/11/2015; 1,035 on 2/15/2016 and 140 on 9/11/2016.

2. The reporting person was granted the option under the Royal Caribbean Cruises Ltd. 2000 Stock Award Plan.

3. Immediately.

4. Represents the average of the high and low prices of the issuer's common stock on the NYSE on the date of the grant.

5. The reporting person was granted the option under the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan.

6. The option is exercisable as follows: 2,693 shares are exercisable immediately and 2,693 shares are exercisable on 2/8/2014.

7. The option is exercisable as follows: 2,886 shares are exercisable immediately; 1,443 shares are exercisable on 2/8/2014 and 1,442 shares are exercisable on 2/8/2015.

Remarks:

EXHIBIT LIST: Exhibit 24: Limited Power of Attorney for Section 16 Reporting Obligations

	Carrie Levine Schwartz, Attorney-in-Fact for Jason T. Liberty	02/08/2013
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.