SEC FORM 3/A

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

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1. Name and Address of Reporting Person^*

Kulovaara Harri U

(Last)

(First)

(Middle)

ROYAL CARIBBEAN CRUISE LINES

6100 BLUE LAGOON DRIVE, SUITE 200

(Street)

MIAMI

33126

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
02/23/2007

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)
	EVP, Maritime

5. If Amendment, Date of Original Filed (Month/Day/Year)
03/05/2007

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	18,576⁽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	⁽⁹⁾	02/04/2010	Common Stock	30,000	$48⁽¹⁰⁾	D
Option to Purchase Common Stock	⁽⁹⁾	03/03/2010	Common Stock	3,250	$28.781⁽¹⁰⁾	D
Option to Purchase Common Stock	⁽⁹⁾	03/03/2010	Common Stock	400	$28.781⁽¹⁰⁾	D
Option to Purchase Common Stock	⁽²⁾	11/05/2012	Common Stock	10,000	$19.65⁽¹⁰⁾	D
Option to Purchase Common Stock	⁽³⁾	03/17/2014	Common Stock	9,819	$40.06⁽¹⁰⁾	D
Option to Purchase Common Stock	⁽⁴⁾	02/10/2015	Common Stock	125	$47.925⁽¹⁰⁾	D
Option to Purchase Common Stock	⁽⁵⁾	02/10/2015	Common Stock	5,961	$47.925⁽¹⁰⁾	D
Option to Purchase Common Stock	⁽⁶⁾	02/06/2016	Common Stock	4,476	$44.41⁽¹⁰⁾	D
Option to Purchase Common Stock	⁽⁷⁾	02/06/2016	Common Stock	6,125	$44.41⁽¹⁰⁾	D
Option to Purchase Common Stock	⁽⁸⁾	02/01/2017	Common Stock	15,199	$45.295⁽¹⁰⁾	D

Explanation of Responses:

1. Includes 12,932 shares of common stock underlying restricted stock units granted to the reporting person under the Royal Caribbean Cruises Ltd. 2000 Stock Award Plan, which vest as follows: 652 shares on each of 2/10/2008 and 2/10/2009; 845 shares on 2/6/2008; 844 shares on each of 2/6/2009 and 2/6/2010; 1,104 on each of 2/1/2008, 2/1/2009 and 2/1/2010 and 1,103 shares on 2/1/2011; and 2,340 shares on each of 3/17/2007 and 3/17/2008.

2. The option is exercisable as follows: 8,000 shares are exercisable immediately and 2,000 shares are exercisable on 11/5/2007.

3. The option is exercisable as follows: 4,910 shares are exercisable immediately, 2,455 shares and 2,454 shares are exercisable on 3/17/2007 and 3/17/2008 respectively.

4. The option is exercisable as follows: 63 shares are exercisable immediately and 31 shares are exercisable on each of 2/10/2008 and 2/10/2009.

5. The option is exercisable as follows: 2,981 shares are exercisable immediately and 1,490 shares are exercisable on each of 2/10/2008 and 2/10/2009.

6. The option is exercisable as follows: 3 shares are exercisable immediately, 4 shares are exercisable on 2/6/2008, 2,218 shares are exercisable on 2/6/2009 and 2,251 shares are exercisable on 2/6/2010.

7. The option is exercisable as follows: 1,532 shares are exercisable immediately and 1,531 shares are exercisable on each of 2/6/2008, 2/6/2009 and 2/6/2010.

8. The option is exercisable as follows: 3,800 shares are exercisable on each of 2/1/2008, 2/1/2009 and 2/1/2010, and 3,799 shares are exercisable on 2/1/2011.

9. Immediately

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

Remarks:

Exhibit List: Exhibit 24.1 - Confirming Statement Exhibit 24.2 - Limited Power of Attorney for Section 16 Reporting Obligations

	/s/ Richard Montes de Oca, Attorney-in-Fact for Harri U. Kulovaara	03/20/2007
	** 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).
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