Global Ports

Signs 30-year concession agreement for San Juan Cruise Port, Puerto Rico

Retrieved on: 
Wednesday, August 17, 2022
Piers, Global Ports, CEO, Technology, Growth, GPH, Partnership, Safety, Government, Puerto Rico Ports Authority, MAR, Puerto Rico Public–Private Partnerships Authority, Airline, Private investigator, Fuel oil

Signs 30-year concession agreement for San Juan Cruise Port, Puerto Rico

Key Points: 
  • Signs 30-year concession agreement for San Juan Cruise Port, Puerto Rico
    Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group.
  • Signs 30-year concession agreement for San Juan Cruise Port, Puerto Rico
    Global Ports Holding Plc ("GPH" or "Group"), the world's largest independent cruise port operator, is pleased to announce that it has signed a 30-year concession agreement with the Puerto Rico Ports Authority for San Cruise Port, Puerto Rico, following a competitive procurement process managed by the Puerto Rico Public-Private Partnership Authority.
  • On completion, San Juan Cruise Port, which welcomed 1.8m unique passengers in 2019 (including c. 0.4m homeport passengers, i.e.
  • Under the concession agreement terms, GPH will pay an upfront concession fee of $75m to the Puerto Rico Ports Authority.

GPH adds Canary Islands ports to network

Retrieved on: 
Tuesday, August 9, 2022
Canary Islands, GPCI, RFP, GPH, Partnership, Global Ports, CEO, Calendar, Tourism, Tunnel, Lanzarote

Global Ports Holding Plc (GPH or Group), the worlds largest independent cruise port operator, is pleased to announce that Global Ports Canary Islands S.L.

Key Points: 
  • Global Ports Holding Plc (GPH or Group), the worlds largest independent cruise port operator, is pleased to announce that Global Ports Canary Islands S.L.
  • (GPCI), an 80:20 joint venture between GPH and our local partner Sepcan S.L., has successfully completed the competitive RFP process for certain Canary Island cruise ports having received final acceptance for the concessions for three cruise ports in the Canary Islands: Las Palmas de Gran Canaria, Arrecife (Lanzarote) and Puerto del Rosario (Fuerteventura).
  • GPH expects to take over operations of the three cruise ports in calendar Q4-2022, ahead of the peak winter season for Canary Island cruises.
  • The addition of these ports takes the total number of cruise ports in GPHs network to 24 across the Caribbean, Mediterranean, South Atlantic, Asia and Northern European cruise regions.

Global Ports Holding PLC Raises Strategic Financing from Sixth Street to Strengthen Balance Sheet and Pursue Growth Opportunities

Retrieved on: 
Monday, May 24, 2021
Maritime, Transport, Other Travel, Cruise, Travel, Other Transport, Port operating companies, Infrastructure, Port, Global Ports, Articles, Economy, Economic sectors, Global Ports Holding Plc, Sixth Street, GLOBAL PORTS HOLDING PLC, SIXTH STREET

Global Ports Holding Plc ("GPH"), the world's largest independent cruise port operator, and affiliates of Sixth Street, a leading global investment firm, today announced that they have entered into a $261 million financing arrangement.

Key Points: 
  • Global Ports Holding Plc ("GPH"), the world's largest independent cruise port operator, and affiliates of Sixth Street, a leading global investment firm, today announced that they have entered into a $261 million financing arrangement.
  • This new investment from Sixth Street will strengthen GPHs balance sheet and provide flexible growth capital for GPH to pursue expansion opportunities at a dynamic juncture in the global cruise industry.
  • Global Ports Holding Plc is the world's largest independent cruise port operator with an established presence in the Caribbean, Mediterranean, and Asia-Pacific regions.
  • Sixth Street operates nine diversified, collaborative investment platforms: TAO, Growth, Specialty Lending, Fundamental Strategies, Infrastructure, Opportunities, Insurance, Agriculture, and Credit Market Strategies.

Ports and Terminal Operations Market Report by Technavio Identifies Growth in Containerization as a Major Driver

Retrieved on: 
Wednesday, March 17, 2021
Port operating companies, Infrastructure, Port, Global Ports, Articles, Economy, Economic sectors

NEW YORK, March 17, 2021 /PRNewswire/ -- The ports and terminal operations market report by Technavio forecasts USD 4.64 billion growth during 2020-2024.

Key Points: 
  • NEW YORK, March 17, 2021 /PRNewswire/ -- The ports and terminal operations market report by Technavio forecasts USD 4.64 billion growth during 2020-2024.
  • Grab a free sample report here: www.technavio.com/talk-to-us?report=IRTNTR43309
    "The growth in containerization will be crucial in driving the growth of the ports and terminal operations market.
  • Thus, the growth in containerization is expected to fuel the growth of the global ports and terminal operations market during the forecast period.
  • Ports and Terminal Operations Market: Major Vendors
    The ports and terminal operations market is fragmented due to the presence of several vendors.

DP World and CDPQ Sign Long-Term Port and Logistics Park Agreement With Maspion Group in Indonesia

Retrieved on: 
Friday, March 5, 2021
Port operating companies, Companies, Maspion, DP World, Sultan Ahmed bin Sulayem, Transport, Ahmed Sultan Bin Sulayem, Global Ports, Intermodal container, Business

The signatories of the formal agreements are Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World, and Dr. Alim Markus, Chairman and CEO of Maspion Group.

Key Points: 
  • The signatories of the formal agreements are Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World, and Dr. Alim Markus, Chairman and CEO of Maspion Group.
  • DP World Maspion East Java will become the sole operator of a modern international container port with design capacity of up to three million twenty-foot equivalent units (TEU).
  • DP World and CDPQ will also work with Maspion Group to develop an integrated industrial and logistics park, adjacent to the Container Terminal, with an initial land area of 110 hectares with scope for future expansion.
  • Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World, said: "The partnership with Maspion Group is an important development in our global ports and logistics network.

Non-Executive Board change

Retrieved on: 
Monday, October 26, 2020
Port operating companies, Port, Global Ports

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • Global Ports Holding Plc ("GPH Plc" or "Company"), the world's largest independent cruise port operator, today announces that Andy Stuart has notified the board of his wish to step down from the board for personal reasons.
  • Mr. Stuart will step down from the board on the 18th of November 2020.
  • The process of appointing an additional Non-Executive Director, with relevant industry experience will commence shortly.