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Green light for PortMiami-Royal Caribbean MOUGreen light for PortMiami-Royal Caribbean MOU

Miami-Dade County commissioners approved a memorandum of understanding with Royal Caribbean Cruises Ltd. to build and operate a new cruise terminal at PortMiami in a long-term deal valued at $250m for the port.

Anne Kalosh, Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

September 16, 2015

1 Min Read
Credit: Seatrade Cruise News

The vote was 11-1.

'We truly appreciate the show of support from the commissioners and the people who work at the port. There is still a lot of work ahead, but we're eager to get busy,' Royal Caribbean spokesman Rob Zeiger told Seatrade Cruise News.

The commission's green light paves the way for continued negotiations and planning on what's envisioned as at least a $100m investment by Royal Caribbean to build Cruise Terminal A on a 10-acre site east of the existing cruise berths on the north channel, in an area now partly used for cargo operations.

The facility would be served by a 400-meter berth and is targeted for completion in the second half of 2018.

Royal Caribbean would have an initial 20-year ground lease, with options to extend up to an additional 40 years.

Adam Goldstein, president and chief operating officer of Royal Caribbean Cruises Ltd., addressed commissioners at the meeting Wednesday.

 

About the Author

Anne Kalosh

Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

Anne Kalosh covers global stories, reporting both breaking and in-depth news on cruising's significant people, places, ships and trends. A sought-after expert on cruising, she has moderated conferences around the world, including the high-profile State of the Industry panel at Seatrade Cruise Global. She created and led the acclaimed itinerary-planning case study for Seatrade's cruise master classes held at Cambridge and Oxford universities. She has been the cruise columnist for AFAR.com, and her freelance stories have appeared in a wide range of publications, from The New York Times to The Miami Herald.

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