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 *
  Gould Blair H
2. Date of Event Requiring Statement (Month/Day/Year)
02/02/2005
3. Issuer Name and Ticker or Trading Symbol
ROYAL CARIBBEAN CRUISES LTD [RCL]
(Last)
(First)
(Middle)
ROYAL CARIBBEAN CRUISES LTD., 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)
Vice President, Controller
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 55,888
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   (1) 02/26/2008 Common Stock 15,000 $ 27.0157 D  
Option to Purchase Common Stock   (1) 02/05/2009 Common Stock 20,000 $ 35.0938 D  
Option to Purchase Common Stock   (1) 02/04/2010 Common Stock 20,000 $ 48 D  
Option to Purchase Common Stock   (2) 03/03/2010 Common Stock 10,000 $ 28.7813 D  
Option to Purchase Common Stock   (1) 10/12/2011 Common Stock 32,000 $ 9.9 D  
Option to Purchase Common Stock   (3) 12/02/2012 Common Stock 300 $ 21.71 D  
Option to Purchase Common Stock   (4) 12/02/2012 Common Stock 14,700 $ 21.71 D  
Option to Purchase Common Stock   (5) 03/17/2014 Common Stock 9,165 $ 40.06 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Gould Blair H
ROYAL CARIBBEAN CRUISES LTD.
1050 CARIBBEAN WAY
MIAMI, FL 33132
      Vice President, Controller  

Signatures

By: Bradley Stein, Attorney-in-Fact for Blair H. Gould 02/14/2005
**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) Immediately.
(2) 7,500 shares are immediately exercisable and 2,500 are exercisable on 3/3/2005.
(3) 75 shares are immediately exercisable and 75 are exercisable on each of 12/2/2005, 12/2/2006 and 12/2/2007.
(4) 5,880 shares are immediately exercisable and 2,940 are exercisable on each of 12/2/2005, 12/2/2006 and 12/2/2007.
(5) 2,292 shares are exercisable on 3/17/2005 and 2,291 are exercisable on each of 3/17/2006, 3/17/2007 and 3/17/2008.

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