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 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Cruise Ship Trends

Wärtsilä Expects 5% Sales Growth

Wärtsilä announced its third quarter results, reporting that it sees good development in order intake and profitability. According to Wärtsilä, third quarter

Holland America Line & Seabourn names Kammerer is V.P

Mark Kammerer has been named vice president, international marketing and sales for Holland America Line and Seabourn. In this role, he will be responsible for the companies’ sales offices in the U.

Cruise Ship Returns to Texas after Ebola Concern

The Carnival Magic cruise ship was en route back to the United States on Saturday with a passenger from Texas who might have handled specimens of the first Ebola

Tanker Trends

Decade Old India Shipping Summit Makes History

In ten years, India Shipping Summit held consistently in Mumbai, has sailed on a robust growth course despite the worldwide witnessing recessionary waves buffeting any endeavors to grow and gain.

MARAD Seeks Comments on Proposed Policy for Deepwater Export Applications

The Maritime Administration (MARAD) is seeking comments on the agency’s proposed policy to accept, evaluate and process license applications for the construction

Oil Drillers Group to Fight U.S. Export Ban

More than a dozen U.S. oil producers have joined to lobby the federal government to reverse the 40-year-old ban on U.S. crude exports, a move that supporters hope

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
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: 0.1316 sec (8 req/sec)