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MSC Cruises' Galveston deal may be getting sweeter

Today's Galveston Wharves Board meeting will consider a proposal to pay MSC Cruises $2 per day for each vehicle parked by an MSC customer.

Anne Kalosh, Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

March 26, 2024

1 Min Read
Credit: Seatrade Cruise News

This would commence when MSC's cruise operations begin at the Port of Galveston in November 2025.

Thereafter, there are potential 3% increases in the daily amount every five years should the port raise the parking rates it charges MSC customers in the preceding five years. If there's no increase, the daily amount paid to MSC does not go up.

Sweetens long-term agreement

If approved, this sweetener adds to the terms for MSC Cruises' long-term agreement, inked in February, for Galveston's fourth cruise terminal.

The port is developing a $100m facility from a former cargo warehouse, a $42m parking garage, internal roadway and other improvements for the new Terminal 16.

About the Author

Anne Kalosh

Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

Anne Kalosh covers global stories, reporting both breaking and in-depth news on cruising's significant people, places, ships and trends. A sought-after expert on cruising, she has moderated conferences around the world, including the high-profile State of the Industry panel at Seatrade Cruise Global. She created and led the acclaimed itinerary-planning case study for Seatrade's cruise master classes held at Cambridge and Oxford universities. She has been the cruise columnist for AFAR.com, and her freelance stories have appeared in a wide range of publications, from The New York Times to The Miami Herald.

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