The Port Authority of Alicante awarded preferred bidder status to an 80:20 joint venture between Global Ports and Sepcan last year following a public tender process.
GPH expects to take over the cruise operations in Alicante this month.
The Port Authority of Alicante is currently enhancing the port area in a multimillion-euro investment. Plus, as part of the concession agreement, there are plans by Global Ports to invest up to €2m in refurbishing and modernising the cruise terminal.
Alicante receives more than 100,000 passengers annually.