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GPH’s Stephen Xuereb foresees Malta surpassing 900K passengers in 2024

Stephen Xuereb, CEO of Valletta Cruise Port and COO of Global Ports Holding, predicted Valletta Cruise Port will record more than 900,000 passenger movements in 2024.

Holly Payne, Editor Video Production and Deputy Editor

January 25, 2024

1 Min Read
Credit: Seatrade Cruise News

During a press conference, it was revealed by Xuereb and Malta’s minister for tourism and public cleanliness, Clayton Bartolo, that Valletta handled close to that amount in 2023 – a 65% increase on 2022. 

2019 was a record year for Valletta Cruise Port, racking up 902,425 cruise passengers. 

‘Extremely positive’ prospects 

Xuereb highlighted the significance of Malta's position, enabling it to welcome ships sailing to both the East and West Mediterranean, while being attractive for repositioning cruise ships. He said, ‘This industry leaves a substantial impact on the Maltese Islands in economic terms: services to ships and services to passengers; flights to and from Malta with an impact on airlines and the airport, with passengers also having the option of spending several days in our country before or after their cruise.' 

He said that the industry has 'not only achieved full normality post-pandemic, but is expanding' with more than 50 cruise ships on the orderbook up to the end of 2028, 11 of those entering the market in 2024.

‘Locally, prospects for 2024 are extremely positive and we believe that we will comfortably surpass the 900,000-passenger movement mark,’ he added. 

Economic reward

The cruise industry is worth €85m to the Maltese economy – €32m from passenger spending and €53m in cruise line spending. 

Bartolo expressed Malta’s commitment to the cruise industry, particularly fly cruising. ‘As a country, we will continue working to have more cruise companies homeport in Malta. We are committed to supporting the fly and cruise sector to see it grow further.'

He continued, 'It is important that we continue to work so that the industry remains based on sustainable foundations.' 

Read more about:

Global Ports Holding

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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