Business

Global Ports Holding adds Alicante Cruise Port to its portfolio

Mehmet Kutman, Chairman of the Board of Directors of Global Investment Holdings and Global Ports Holding, “As the world’s largest cruise port operator, the number of ports in our portfolio has increased to 26 with Alicante Cruise Port”.

The consortium, in which Global Ports Holding (GPH), a subsidiary of Global Investment Holdings and the cruise port operator, has 80% shareholding, signed the concession agreement for the operation of Alicante Cruise Port in Spain for 15 years.

According to the holding statement, the start of operations is expected to take place by the end of Global Ports Holding’s fiscal year (March 31, 2023). The other 20% shareholder of the consortium is Sepcan S.L., a family company that has been providing service to Las Palmas Port in the Canary Islands since 1936, focusing on areas such as mooring, luggage and passenger services since 1998, and also operating in the fields of marine environmentalism. (‘Sepcan’).

In the statement made by Global Investment Holdings to the Public Disclosure Platform (KAP), Alicante Cruise Port is undergoing a comprehensive investment process by the Port Authority that will significantly improve the port and its surroundings and ensure integration with the coastline and the city. In accordance with the terms of the concession agreement, GPH plans to invest up to €2 million for the refurbishment and modernization of the cruise terminal.’

Alicante Cruise Port, one of the most demanded and growing cruise destinations on the east coast of Spain, welcomes more than 100 thousand passengers a year with its strong airport connection.

Mehmet Kutman, Chairman of the Board of Directors of Global Investment Holdings and Global Ports Holding, whose views were included in the statement, stated that they increased their share in the Mediterranean basin to 40% and said, “As the world’s largest cruise port operator, the number of ports in our portfolio has increased to 26 with Alicante Cruise Port. We are working on collecting aid for the disaster area in each of our ports. We follow 25-30 ports in different geographies all over the world by continuing our steps without interruption in order to enlarge our portfolio.”

Source: AA / Prepared by Irem Yildiz

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button