Ownership Submission
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Pimentel Lawrence R
2. Date of Event Requiring Statement (Month/Day/Year)
02/08/2010
3. Issuer Name and Ticker or Trading Symbol
ROYAL CARIBBEAN CRUISES LTD [RCL]
(Last)
(First)
(Middle)
1050 CARIBBEAN WAY
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Pres&CEO, Azamara Club Cruises
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

MIAMI, FL 33132
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
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 12,217 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Option to Purchase Common Stock (2)   (3) 09/16/2019 Common Stock 12,786 $ 23.98 (4) D  
Option to Purchase Common Stock (5)   (6) 02/08/2020 Common Stock 3,708 $ 25.16 (4) D  
Option to Purchase Common Stock (7)   (8) 02/08/2020 Common Stock 9,220 $ 25.16 (4) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Pimentel Lawrence R
1050 CARIBBEAN WAY
MIAMI, FL 33132
      Pres&CEO, Azamara Club Cruises  

Signatures

/s/ Lawrence R. Pimentel 02/11/2010
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Represents shares of common stock underlying restricted stock units granted to the reporting person under the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan, which vests as follows: 1,564 on each of 9/16/2010, 9/16/2011 and 9/16/2012 and 1,563 on 9/16/2013 and 1,491 on each of 2/08/2011 and 2/08/2012 and 1,490 on each of 2/08/2013 and 2/08/2014.
(2) The reporting person was granted the incentive stock option under the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan.
(3) The option is exercisable as follows: 3,197 on each of 9/16/2010 and 9/16/2011 and 3,196 on each of 9/16/2012 and 9/16/2013.
(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 incentive stock option under the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan.
(6) The option is exercisable as follows: 927 on each of 2/08/2011, 2/08/2012, 2/08/2013 and 2/08/2014.
(7) The reporting person was granted the nonqualified stock option under the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan.
(8) The option is exercisable as follows: 2,305 on each of 2/08/2011, 2/08/2012, 2/08/2013 and 2/08/2014.
 
Remarks:
EXHIBIT LIST: Exhibit 24: Limited Power of Attorney for Section 16 Reporting Obligations

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