At MedCruise member ports, numbering 56 across the region, an estimated EUR200m+ will be spent in the next three years, according to information gathered by Seatrade.
This year alone will see a new EUR1m terminal and dedicated cruise berth inaugurated at Ancona and at Barcelona a new Terminal B, costing over EUR10m, will be ready for the start of this summer, as will refurbishment work on Terminal C. New terminals will also open in 2005 at the Turkish port of Kusadasi and Malta's Valletta (part of a EUR25m upgrade of Grand Harbour), whilst Sochi on Russia's Black Sea shores is undergoing a EUR3.25m refurbishment which will be completed in May. Venice is investing in a new elevated walkway/new covered parking area and Dubrovnik will start on dredging and quay extension work this year funded by a EUR25m loan from the EBRD.
In 2006, new berths will come on stream at Livorno whilst Split and Malaga will both open new terminals. In Barcelona Terminal A's refurbishment will be completed and Costa's EUR8m Terminal D should be ready.
'Mediterranean ports are investing a considerable amount of moneyto meet the demands of the cruise industry with quality services, securityrequirements and dedicated facilities,' MedCruise president Juan Madrid told Seatrade Insider. 'Nevertheless, I would also like topoint out the change in cruise lines' investment strategy. In the past yearthe main owners have invested in Med ports (directly or through joint-ventures), a fact that was unthinkable some time ago. Theseinvestments are a positive proof of the trust that not only ports, but alsoshipowners, have in the cruise business in our region,' he added.
Other MedCruise ports planning major upgrades include Volos (new terminal), Tarragona (new terminal plus two berths), Portoferraio (new terminal and quay extension), Portimao (quay extension), Ravenna (new terminal), Catania (passenger terminal and pier extension), Palermo (EUR7m new terminal/berthing facilities) and Alanya is extending its jetty by 200mtr to accommodate the largest ships.
In Limassol, a new terminal is envisaged for end 2007, whilst Tunis La Goulette is planning an additional berth and new terminal. Cagliari is spending EUR25m on extending a pier which will be ready in 2008 and the Balearic Islands Port Authority has approved over EUR50m for cruise-related works in its 2004-08 investment plan. Not forgetting Piraeus which spent almost EUR30m (excluding security) refurbishing and upgrading the entire port infrastructure in the lead up to the 2004 Olympics.