REG-Global Ports Holding PLC Signs 10-year agreement for Bremerhaven Cruise Port, Germany

Global Ports HoldingAnnouncement

06/09/2023 12:00

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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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   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   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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