Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN 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 *
Rice Brian J
  2. Issuer Name and Ticker or Trading Symbol
ROYAL CARIBBEAN CRUISES LTD [RCL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP, Finance & CFO
(Last)
(First)
(Middle)
ROYAL CARIBBEAN CRUISES LTD, 1050 CARIBBEAN WAY
3. Date of Earliest Transaction (Month/Day/Year)
02/22/2010
(Street)

MIAMI, FL 33132
4. If Amendment, Date Original Filed(Month/Day/Year)
02/23/2010
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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/22/2010   M   3,441 A $ 7.265 164,974 D  
Common Stock 02/22/2010   M   12,644 A $ 7.265 177,618 D  
Common Stock 02/22/2010   S   6,100 D $ 26.5 171,518 D  
Common Stock 02/22/2010   S   3,000 D $ 26.501 168,518 D  
Common Stock 02/22/2010   S   10,000 D $ 26.5192 158,518 D  
Common Stock 02/22/2010   S   3,200 D $ 26.53 155,318 D  
Common Stock 02/22/2010   S   5,000 D $ 26.5363 150,318 D  
Common Stock 02/22/2010   S   2,785 D $ 26.54 147,533 D  
Common Stock 02/22/2010   S   5,000 D $ 26.55 142,533 D  
Common Stock 02/22/2010   S   2,000 D $ 26.56 140,533 D  
Common Stock 02/22/2010   S   2,400 D $ 26.57 138,133 D  
Common Stock 02/22/2010   S   600 D $ 26.58 137,533 D  
Common Stock 02/22/2010   S   5,000 D $ 26.5354 5,000 I By Son (1)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) (2) $ 7.265 02/22/2010   M     3,441 (3)   (4) 02/10/2019 Common Stock 3,441 $ 0 10,323 D  
Stock Option (Right to Buy) (5) $ 7.265 02/22/2010   M     12,644 (6)   (4) 02/10/2019 Common Stock 12,644 $ 0 37,929 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Rice Brian J
ROYAL CARIBBEAN CRUISES LTD
1050 CARIBBEAN WAY
MIAMI, FL 33132
      EVP, Finance & CFO  

Signatures

 /s/ Richard Montes de Oca, Attorney-in-Fact for Brian J. Rice   08/03/2010
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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) The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein.
(2) Represents the incentive stock option granted to the reporting person under the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan.
(3) The Form 4 filed on 02/23/2010 inadvertently reported 3,441 shares acquired by the reporting person in connection with the exercise of his stock option. This amendment correctly reports that such shares were disposed of in the reported transaction.
(4) Immediately.
(5) Represents the nonqualified stock option granted to the reporting person under the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan.
(6) The Form 4 filed on 02/23/2010 inadvertently reported 12,644 shares acquired by the reporting person in connection with the exercise of his stock option. This amendment correctly reports that such shares were disposed of in the reported transaction.

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