Sponsored By
Global Ports clinches Port of Taranto contract
The Port Network Authority of the Ionian Sea has awarded Global Ports Holding (GPH) a 20-year concession to manage services for cruise passengers in the Port of Taranto, Italy.
1 Min Read
Credit: Seatrade Cruise News
Terms of the agreement are now settled, with the concession expected to start in Q1 next year.
Investment
The cruise port infrastructure in Taranto is currently undergoing a state funded, €28m investment program, including the building of a new cruise terminal. The completion date is anticipated to be later this year.
In 2019, Taranto Cruise Port received 9,000 cruise passengers, with a pre-COVID-19 forecast of over 14,000 passengers in 2020.
GPH and Baleària Group secured a concession for Spain's Valencia Cruise Port earlier this month.
About the Author
The latest cruise news, analysis and more straight to your inbox
Get the free newsletter read by industry experts
You May Also Like