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GLOBAL PORTS HOLDING PLC
Net Asset Value • Sep 6, 2023
4977_rns_2023-09-06_5ad57c12-0c5b-491c-a594-239618c22669.html
Net Asset Value
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National Storage Mechanism | Additional information
Global Ports Holding PLC (GPH)
Signs 10-year agreement for Bremerhaven Cruise Port, Germany
06-Sep-2023 / 12:00 GMT/BST
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: [email protected] |
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The issuer is solely responsible for the content of this announcement.
| ISIN: | GB00BD2ZT390 |
| Category Code: | MSCH |
| TIDM: | GPH |
| LEI Code: | 213800BMNG6351VR5X06 |
| Sequence No.: | 269711 |
| EQS News ID: | 1720365 |
| End of Announcement | EQS News Service |