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Global Ports Holding PLC (GPH)
Signs 10-year agreement for Bremerhaven Cruise Port, Germany
06-Sep-2023 / 12:00 GMT/BST
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Global Ports Holding Plc
Signs 10-year agreement for Bremerhaven Cruise Port, Germany
Global Ports Holding Plc ("GPH"), the world's largest independent cruise
port operator, is pleased to announce that, it has been awarded a 10-year
port concession agreement, with a potential 5-year extension option, by
bremenports GmbH & Co. KG (“bremenports”) on behalf of the city of Bremen
regarding the operations at the Cruise Terminal Columbusbahnhof
Bremerhaven (“Bremerhaven Cruise Port”).
The cruise facilities at Bremerhaven Cruise Port are currently undergoing
a multimillion-euro investment by the local authorities, which once
completed will expand and renew the port facilities. In 2022, Bremerhaven
Cruise Port welcomed over 230k passengers, with over 90% of these being
homeport passengers.
The location of the port means it is ideally located for Scandinavian and
Baltic Sea itineraries.
GPH expects to take over operations of the port in the first quarter of
calendar year 2025, when the agreement with the current operator ends.
CONTACT
For investor, analyst and financial media enquiries:
Investor Relations
Martin Brown
Telephone: +44 (0) 7947 163 687
Email: 1 martinb@globalportsholding.com
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The issuer is solely responsible for the content of this announcement.
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ISIN: GB00BD2ZT390
Category Code: MSCH
TIDM: GPH
LEI Code: 213800BMNG6351VR5X06
Sequence No.: 269711
EQS News ID: 1720365
End of Announcement EQS News Service
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References
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1. mailto:martinb@globalportsholding.com
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