Press Releases

Port of Miami And NCL Ink 10-Year Berthing Agreement

Miami   -    Dec 16, 2008   ---   

The Miami-Dade Board of County Commissioners today approved a 10-year berthing agreement with Norwegian Cruise Line (NCL). This represents the first long-term agreement between the Port of Miami and NCL since the company began operating from the Port as the first Caribbean cruise line 42 years ago.

The agreement gives NCL priority access to two large-ship berths at Terminals B and C. In return, NCL will guarantee a minimum of $98 million in port fees over the term of the agreement. In addition, the Port is making a $10 million investment in upgrades to the terminals, including a new gangway and general improvements to make the guest experience more enjoyable and efficient.

"With berthing space becoming increasingly scarce and our recent extension of Norwegian Sky's deployment in Miami year-round, we are pleased to have reached this agreement with the Port of Miami to guarantee NCL access to some of the last remaining large ship berths," said Kevin Sheehan, NCL's president and CEO. "The Port of Miami has been a long-term partner of ours and we see the Port as a vital part of our future."

"NCL and the Port of Miami have grown together to expand our region's business," said Miami-Dade County Mayor Carlos Alvarez. "Today, the Port of Miami, our community's second largest economic engine, contributes approximately $17 billion to the local economy. We are very proud that this agreement cements NCL's commitment to our community and ensures the Port's standing as the Cruise Capital of the World."

"The Port of Miami and NCL have had a long business relationship," added Port of Miami Director Bill Johnson. "NCL began operations from the Port of Miami 42 years ago when the Sunward became the industry's first ship to offer weekly passenger departures from Miami to the Caribbean. We are very pleased with the new berthing agreement with NCL, as this agreement provides a total minimum guaranteed revenue stream of more than $98 million throughout the 10- year initial term. We are extremely proud of this accomplishment and look forward to a continued partnership with NCL."

The agreement takes effect immediately and renovations to Terminals B and C are expected to continue throughout the next 12-18 months.

The Port of Miami is among America's busiest ports and recognized throughout the world with the dual distinction of being the Cruise Capital of the World and the Cargo Gateway of the Americas. For additional information about the Port of Miami, please visit www.miamidade.gov/portofmiami.

Norwegian Cruise Line (NCL) is the innovator in cruise travel with a 42-year history of breaking the boundaries of traditional cruising, most notably with the introduction of Freestyle Cruising which has revolutionized the industry by allowing guests more freedom and flexibility.

Today, NCL has the youngest fleet in the industry with 11 purpose-built Freestyle Cruising ships, providing guests the opportunity to enjoy a relaxed cruise vacation on the newest, most contemporary ships at sea.

NCL is presently building a new third generation Freestyle Cruising project known as F3, for delivery in 2010.

High resolution, downloadable images are available at www.ncl.com/pressroom. For further information on NCL, visit www.ncl.com or contact NCL in the U.S. and Canada at (866) 234-0292.

 


Vanessa Picariello
Senior Director of Public Relations
Public Relations Department
7665 Corporate Center Drive
Miami, FL 33126
305-436-4713
publicrelations@ncl.com