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April 2010 Edition

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Carnival sign agreement to run 25.5 million cruisers through Port Everglades

 
Carnival Corp. & plc signed one of its largest passenger terminal-use agreements April 6 with the Broward County Board of County Commissioners, committing that 25.5 million cruise guests will sail to and from the county’s Port Everglades over the next 15 years. In return, the port will make significant improvements to four existing cruise terminals at Port Everglades to accommodate Carnival ships. To expedite the terminal improvements, the Broward County Commission also approved amending the port’s current agreement with architectural firm Bermello Ajamil & Partners for design services, and began the process to select a construction manager to complete the improvements.

The agreement between Carnival and Broward County will potentially produce half-a-billion dollars in port revenue.

Further, it is expected to have an average annual economic impact on more than 6,000 local jobs with related personal income of $293.6 million over the 15-year period. According to an economic impact study by maritime research company Martin Associates, the agreement to homeport Carnival’s ships at Port Everglades is also expected to generate $21.7 million in state and local taxes annually. “We estimate that another 621 new construction jobs will be created in the next three years for the cruise terminal improvements that we have discussed with Carnival. We strive to be the best cruise port in the world, not just the largest,” said Port Everglades Director Phil Allen.

The agreement calls for an average of 1.7 million passengers embarking and debarking annually from Carnival Corp. ships, including those from Princess Cruises, Holland America Line, Carnival Cruise Lines, P&O Cruises, Cunard Line and the Yachts of Seabourn, which already sail to and from Port Everglades. This new agreement is effective Oct. 1 and replaces the company’s previous 10-year agreement with the port.
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