Brief: Global Yatirim Say Indirect Subsidiary GPH Signs A 50-Year Agreement With Mersey Docks And Harbour Company To Operate Cruise Services At Liverpool Cruise Port

Global Yatirim Holding

03/04/2024 07:14

April 3 (Reuters) - Global Yatirim Holding AS
 GLYHO.IS :
    * GLOBAL YATIRIM SAY INDIRECT SUBSIDIARY, GLOBAL PORTS
HOLDING PLC
SIGNS A 50-YEAR AGREEMENT WITH PEEL PORTS GROUP'S SUBSIDIARY
MERSEY DOCKS AND HARBOUR COMPANY TO OPERATE CRUISE SERVICES AT
LIVERPOOL CRUISE PORT
    * GLOBAL YATIRIM SAYS GPH EXPECTS TO TAKE OVER OPERATIONS OF
THE
PORT IN APRIL 2024
    * GLOBAL YATIRIM SAYS GPH WILL PAY CERTAIN UPFRONT CHARGES,
AND IN
CERTAIN CIRCUMSTANCES ANNUAL CHARGES
    * GLOBAL YATIRIM SAYS GPH PLANS TO INVEST UP TO £25 MILLION
IN
PORT'S INFRASTRUCTURE SUBJECT TO GRANTING OF APPROPRIATE PERMITS
AND LICENSES
    * GLOBAL YATIRIM SAYS THIS INVESTMENT WILL INCLUDE ADDITION
OF A
NEW FLOATING DOCK
    * GLOBAL YATIRIM SAYS THIS NEW FLOATING DOCK TO INCREASE
CAPACITY
AND ALLOW FOR SIMULTANEOUS BERTHING OF TWO 300-METRE SHIPS AND
OVER 7,000 PASSENGERS A DAY

Source text for Eikon:  ID:nIKA4T31Qv 
Further company coverage:  GLYHO.IS 

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