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Global Ports signs MOU for 30-year concession in St Lucia

Global Ports Holding signed a memorandum of understanding with St Lucia for a 30-year concession to manage the destination's cruise operations, with a potential 10-year extension option.

Holly Payne, Editor Video Production and Deputy Editor

October 21, 2022

1 Min Read
Credit: Seatrade Cruise News

Under the terms, both parties have entered into an exclusive period to carry out due diligence and work towards signing the concession agreement.

A signing is estimated in the first half of 2023. 

Berth expansion for Oasis-class ships planned  

Following the execution of the concession agreement, Global Ports will take responsibility for managing cruise-related port operations in St Lucia. In addition, it will invest in a material upgrade of the cruise port facilities – including the expansion of the existing berth in Point Seraphine to allow Oasis-class ships – plus transform the retail experience, including through the redevelopment of the Vendor's Arcade and other facilities at Castries. 

Improvements at Fisherman's Village 

GPH stated its commitment to improving the passenger experience in St Lucia and to encouraging significant economic benefits for local residents by improving facilities in and around the port, such as Fisherman's Village, and driving increased passenger spend in the destination. 

Passengers in St Lucia 

St Lucia received approximately 790,000 passengers in 2019; the completion of the extended pier and upgrade of the facilities are expected to lead to a rise in passenger volumes to over 1m in the medium term.

About the Author

Holly Payne

Editor Video Production and Deputy Editor

Holly is Deputy Editor, Seatrade Cruise Review & Seatrade Cruise News and has experience managing a range of highly successful international business and consumer titles. With a flair for video reporting and a history of overseas work documenting people and places of diverse cultures, Holly brings a variety of skills to the Seatrade Cruise portfolio.

Holly’s academic credentials include oral and written Arabic language skills (intermediate-advanced), an MA Multimedia Journalism with NCTJ accreditation, and a BA (Hons) Degree in Classical and Archaeological Studies with English and American Literature.

 

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