Seatrade Cruise News is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

'It will be awhile' before US lines can nurture Cuba port infrastructure

(Photo: Anne Kalosh)
Havana's Terminal Sierra Maestra
The Trump administration's new Cuba rules may not impact cruise operations but they're 'disruptive' in terms of US-based lines' ability to invest in port infrastructure improvements.

'I'm not sure we have the freedom to [invest] under current regulations,' Arnold Donald, president and ceo, Carnival Corp. & plc, said in response to an analyst's question during the company's second quarter earnings call Thursday.

'Cuba's going to refresh the Caribbean,' Donald added, and the Carnival Cruise Line and Holland America Line brands are looking forward to going there in the near future. (Carnival sailings start in July, HAL's in December.)

That said, Cuba represents just a 'teeny-tiny' sliver of the company's capacity.

'It will be awhile' before Carnival Corp. can invest in Cuba's port infrastructure to enable the island to handle more and bigger ships.

'That doesn't mean Cubans themselves won't do it,' Donald said.