Cruise port operator Global Ports Holding (GPH) has reached an Antigua & Barbuda partnership agreement with Royal Caribbean Cruises.
GPH (Antigua) Ltd, a wholly owned subsidiary of Global Ports Holding, was recently awarded an exclusive 30-year concession in respect of the cruise port facilities at St John’s Port in Antigua and Barbuda and Falmouth Harbour and Barbuda Island.
Under the partnership deal, GPH will operate and manage the cruise port facilities, with both parties investing in the completion of the new pier, which will allow the port to handle Oasis-class ships and a material upgrade of the current and new retail and F&B facilities.
The company explained that full financial closure, including the final terms of the partnership agreement and commencement of the concession, is expected to occur before the end of July 2019.