Awarded preferred bidder status for Casablanca Cruise Port
05 Aprile 2024 - 8:00AM
EQS Regulatory News
Global Ports Holding PLC (GPH)
Awarded preferred bidder status for Casablanca Cruise Port
05-Apr-2024 / 07:00 GMT/BST
Global Ports
Holding Plc
Awarded preferred
bidder status for Casablanca Cruise Port
Global Ports
Holding Plc ("GPH" or "Group"), the world's largest independent
cruise port operator, is pleased to announce that following a
public tender process, a majority-owned consortium (the
“Consortium”) between GPH (51%), local shareholder, Steya (40%) and
Ocean Infrastructures Management (9%) has been awarded preferred
bidder status for a 15-year concession agreement with Agence
Nationale des Ports (“ANP”), to operate the Casablanca new cruise
terminal. The consortium and ANP will now work towards agreeing on
the terms of the concession agreement.
Casablanca,
Morocco’s largest city, offers cruise passengers a wonderful blend
of traditional Moroccan culture and contemporary experiences. It is
also the cruise gateway to Rabat and the enchanting Red City of
Marrakech, which will soon be within 1.2hrs reach with the new
bullet train project, set to be completed before the 2030 FIFA
World Cup to be hosted jointly by Morocco, Spain and Portugal. From
historic mosques and cathedrals, historical neighbourhoods to
relaxing beaches and vibrant promenades, the city offers visitors a
wide range of experiences. Located on the Northwest coast of
Africa, Casablanca is a key stopover port for Canary Island and
West Mediterranean cruises, as well as crossing sailings between
Europe and the Caribbean.
Port investment
The cruise port
facilities recently underwent a EUR 60 million investment in the
cruise port infrastructure. This investment, which was led by ANP,
included the construction of a new cruise pier, cruise terminal and
maritime station to international standards, significantly
increasing the port's capacity. The port is now capable of handling
ships up to 350m long and has the cruise port infrastructure to
welcome 400k passengers per annum. Casablanca Cruise Port is
expected to welcome c150k transit passengers in 2024, rising to
c180k passengers in 2025.
CONTACT
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For investor, analyst and
financial media enquiries:
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Investor
Relations
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Martin Brown
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Telephone: +44 (0) 7947 163
687
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Email:
martinb@globalportsholding.com
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Dissemination of a Regulatory Announcement, transmitted by EQS
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The issuer is solely responsible for the content of this
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ISIN: |
GB00BD2ZT390 |
Category Code: |
MSCH |
TIDM: |
GPH |
LEI Code: |
213800BMNG6351VR5X06 |
Sequence No.: |
313679 |
EQS News ID: |
1873735 |
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End of Announcement |
EQS News Service |
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