50-Year Deal Planned for Cruise Ship Terminal

Tuesday, October 24, 2006
Reports said that successful bidder for the two-berth cruise terminal at the old Kai Tak airport site in Hong Kong will have the right to operate the terminal and its supporting facilities for 50 years. The Economic Development and Labor Bureau Tuesday announced its decision to surrender the site to the private sector, saying it would be better suited to developing a competitive, world-class terminal in a short period of time. The berths must be able to accommodate "mega" vessels weighing up to 100,000 tons - a limit that will still rule out many of the industry's newer cruise ships. A third cruise berth, while also in the government plans, will undergo a separate tender exercise sometime in the future.

The bidder will be limited to 50,000 square meters of gross floor area for the development of the terminal and any accompanying retail facilities, which can be built in phases. The bidder must also build requisite ticketing, security, customs and baggage facilities. Source: The Standard

Maritime Reporter September 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Cruise Ship Trends

Keel Laid for Holland America Line’s New Ship

Holland America Line celebrated the keel laying of its new 2,650-guest Pinnacle Class ship on August 22 at Fincantieri’s Marghera shipyard in Italy. A 680-ton block

Kiel Port Growth Continues

Cargo and passenger handling rise by 3%. Handling in the Port of Kiel continued to grow in the first half of the year. A total of 3.24 million tons of cargo

Warming Aids Arctic Economies, but Short of 'Cold Rush'

Climate change is aiding shipping, fisheries and tourism in the Arctic but the economic gains fall short of a "cold rush" for an icy region where temperatures are

Tanker Trends

More German Shipowners Look to Gibdock for Repairs

Gibdock remarks it has continued to see its stock rise amongst the German shipowner community over the past year. Indeed the Gibraltar ship repair yard’s recent

Tankship Owners TORM Get Credit Facility Extension

Denmark-based TORM say that all lenders have supported the agreement to extend the existing Super Senior Working Capital Facility by six months until 31 March 2015

Iraqi Kurdistan Oil Shipments Reach 8.8m Barrels

Iraqi Kurdistan has shipped 8.8 million barrels of oil from the Turkish port of Ceyhan since May, Turkish Energy Minister Taner Yildiz said, as the autonomous region

 
 
Maritime Contracts Maritime Standards Navigation Pipelines Pod Propulsion Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0867 sec (12 req/sec)