DJ Signs 10-year agreement for Bremerhaven Cruise Port, Germany
Global Ports Holding PLC (GPH)
Signs 10-year agreement for Bremerhaven Cruise Port, Germany
06-Sep-2023 / 12:00 GMT/BST
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Global Ports Holding Plc
Signs 10-year agreement for Bremerhaven Cruise Port, Germany
Global Ports Holding Plc ("GPH"), the world's largest independent cruise port operator, is pleased to announce that, it
has been awarded a 10-year port concession agreement, with a potential 5-year extension option, by bremenports GmbH &
Co. KG ("bremenports") on behalf of the city of Bremen regarding the operations at the Cruise Terminal Columbusbahnhof
Bremerhaven ("Bremerhaven Cruise Port").
The cruise facilities at Bremerhaven Cruise Port are currently undergoing a multimillion-euro investment by the local
authorities, which once completed will expand and renew the port facilities. In 2022, Bremerhaven Cruise Port welcomed
over 230k passengers, with over 90% of these being homeport passengers.
The location of the port means it is ideally located for Scandinavian and Baltic Sea itineraries.
GPH expects to take over operations of the port in the first quarter of calendar year 2025, when the agreement with the
current operator ends.
CONTACT
For investor, analyst and financial media enquiries:
Investor Relations
Martin Brown
Telephone: +44 (0) 7947 163 687
Email: martinb@globalportsholding.com
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ISIN: GB00BD2ZT390 Category Code: MSCH TIDM: GPH LEI Code: 213800BMNG6351VR5X06 Sequence No.: 269711 EQS News ID: 1720365 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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(END) Dow Jones Newswires
September 06, 2023 07:00 ET (11:00 GMT)
