GIH to Operate Tarragona Cruise Port in Spain

GIH to Operate Tarragona Cruise Port in Spain
GIH to Operate Tarragona Cruise Port in Spain

Global Ports Holding (GPH), a subsidiary of Global Investment Holdings (GYH) and the world's largest cruise port operator, has the privilege to operate the cruise operations of the Port of Tarragona in Spain for a period of 12 years (with the option to extend for an additional 6 years). The bid submitted for the tender was selected as the best bid.

Mehmet Kutman, Chairman of the Board of Directors of Global Investment Holdings and Global Ports Holding, said, “We believe that the share of the Mediterranean Bowl from world cruise tourism will increase even more. For this reason, we are extremely happy to add the Tarragona Cruise Port to our portfolio. As the world's largest cruise port operator, we continue our steps in this area without interruption, by staying true to our growth strategy in this area.” Emre Sayın, CEO of Global Ports Holding, stated that the Tarragona Cruise Port is an important contribution to the cruise port networks with its growing influence in the Iberian Peninsula and the Western Mediterranean, adding, “We look forward to working with all stakeholders to grow passenger volumes in Tarragona in a sustainable way. ” he said. Global Ports Holding (GPH), a subsidiary of Global Investment Holdings and the world's largest cruise port operator, awarded the cruise operations of the Port of Tarragona in Spain for a 12-year (with an additional extension option for 6 years) operating concession tender. bid was selected as the best bid. In the third quarter of last year, the 30 million Euro investment in Tarragona Cruise Port infrastructure was completed. With this investment program, a new pier was built where the world's largest cruise ships could dock. With the said investment, the number of piers doubled to 4; Therefore, the port became able to serve up to four ships at the same time after this investment. In addition to the expansion of general cruise areas within the scope of the said investment, the Port Authority has also invested in energy regulation in a way that will significantly reduce carbon emissions. Under the terms of the agreement, GPH plans to invest up to 5,5 million Euros in the construction of a state-of-the-art new modular terminal building that will provide the port with a sustainable energy supply with solar power. In 2019, the Tarragona Cruise Port pier hosted approximately 130 passengers in XNUMX before it was expanded. Tarragona Cruise Port is less than an hour from Barcelona airport; The aforementioned completed investment and the planned new terminal are expected to significantly increase the attractiveness of the port for homeport operations in the region.

'We continue our growth steps'

Mehmet Kutman, Chairman of the Board of Directors of Global Investment Holdings and Global Ports Holding, said, “We believe that the share of the Mediterranean Bowl from world cruise tourism will increase even more. For this reason, we are extremely happy to add the Tarragona Cruise Port to our portfolio. As the world's largest cruise port operator, we remain true to our growth strategy in this area and continue our steps in this area without interruption. Our long-term positive view on cruise tourism, which is the most popular segment of tourism, continues. We continue to evaluate and negotiate rational opportunities to expand our portfolio.”

'Influence is increasing in the Iberian Peninsula and the Western Mediterranean'

Emre Sayın, CEO of Global Ports Holding, said that the Tarragona Cruise Port is an important contribution to the cruise port networks, with its growing influence in the Iberian Peninsula and the Western Mediterranean, and said, “We are very grateful to the Tarragona Port Authority, GPH, for their trust. We look forward to working with all stakeholders to sustainably grow passenger volumes in Tarragona. "Despite the difficulties we experienced during the Covid-19 pandemic, we are achieving our strategic goals of expanding our cruise port network."

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