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GPH to transform the cruise experience in Tarragona with a new sustainable terminal

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Tarragona, Spain (Ports Europe) January 27, 2022 – Global Ports Holding Plc (LON: GPH) has been awarded a 12-year concession, with a 6-year extension option, to manage the services for cruise passengers in Tarragona, Spain.

GPH will invest up to €5.5m ($6.16 million) in constructing a state of the art modular cruise terminal, which will utilise solar power and include retail and dining opportunities. The innovative modular design of the terminal will facilitate future expansion.

In Q3 2021, the port authority completed a €30m investment into the port infrastructure in Tarragona Port. This included a new cruise pier in the “moll de balears” which can now handle the world’s largest cruise ships. Berth capacity has been doubled to four ships at any one time.

The port authority is also investing in “cold ironing” technology to supply electricity to docked ships, thus reducing pollution.

Management Quotes

In a press release, Josep M. Cruset, President of the Port of Tarragona, said: “The award of the new cruise terminal in the “Moll de Balears” represents a great additional boost for a project that the Port shares with the City of Tarragona, tourist agents and companies of our territory and of the “Costa Daurada. From now on, we have a partner like Global Ports Holding to give the final push to the cruise project thanks to its excellent position in the market, its track record, its experience and its professionalism.”

Emre Sayin, Chief Executive Officer of Global Ports Holding, added: “Tarragona Cruise Port is an important addition to our cruise port network, strengthening our growing presence and capabilities in the Iberian Peninsula and the West Med. We are very grateful to Tarragona Port Authority for placing their trust in GPH as the operator of Tarragona Cruise Port and we very much look forward to working with all stakeholders to grow cruise passenger volumes in Tarragona sustainably and responsibly.”

Global Ports Holding

London-listed Global Ports Holding Plc is the world’s largest cruise port operator with an established presence in the Caribbean, Mediterranean, Asia-Pacific regions, including extensive commercial port operations in Montenegro.

It was established in 2004 as an international port operator with a diversified portfolio of cruise and commercial ports. As an independent cruise port operator, the group holds a unique position in the cruise port landscape, positioning itself as the world’s leading cruise port brand, with an integrated platform of cruise ports serving cruise liners, ferries, yachts and mega-yachts. GPH operates 21 cruise ports in 14 countries and continues to grow steadily. GPH provides services for 14 million passengers reaching a market share of 24% in the Mediterranean annually. The group also offers commercial port operations which specialize in container, bulk and general cargo handling.

The Port of Tarragona intends to strengthen its position in the sector as a Port of Call for small and medium-sized cruise ships seeking differentiation and exclusivity in terms of a destination. The port is managed by Autoridad Portuaria de Tarragona (APT – Port Authority of Tarragona).

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