Royal Caribbean Cruises’ (RCL) shares jumped more than 11 percent or $3.50 to $34.65 after posting strong Q3 results today.

The full-year guidance has been raised to $1.90 from $1.75 last July, driven mainly by revenue improvements and expense reductions. The Q4 guidance is from a loss of $0.02 per share to net income of $0.08 per share.

RCL Chairman and CEO Richard Fain also confirmed the company’s discussions for a third Oasis-class ship, but added that he expects the cost per berth to be lower than for the Oasis and Allure of the Seas, and that new ship will also be more energy efficient. A tentative delivery is scheduled for mid-2016.

Fain would not comment on the second option for TUI set to expire Oct. 31.

With two Sunshine class ships to be delivered in 2014 and 2015, plus potentially the third Oasis, RCL will see a continued average annual capacity growth of 3 percent, according to Brian Rice, vice chairman and CFO.