Two Cruise Lines Sign Up to Sail Out of Port of Houston

Press Release
Thursday, November 15, 2012
Bayport Cruise Terminal: Photo credit Port of Houston Authority

The Port of Houston Authority partners with two cruise lines, PrincessCruises & Norwegian Cruise Lines, to use Bayport Cruise Terminal.

Princess Cruises will make passenger cruise calls during the 2013-2014 cruise season, while Norwegian Cruise Lines has committed to begin service in 2014.

The Port Commission authorized entering into agreements with both lines after meeting in executive session. The Port Authority's agreement with the lines is significant. It is projected that the cruise activity will have a considerable positive impact on the economy of Harris County and the greater Houston area,
including the cities of Houston and Pasadena. Smaller cities near the cruise terminal are also expected to benefit.

Activity from a single cruise line is expected to generate annual economic impact of $50 million, according to the firm Martin Associates, including local purchases of $3.6 million. A total of 222 jobs will be touched, including the creation of almost 100 new jobs. An estimated $941,000 annually in state and local taxes is anticipated. The combined impact of the agreements with the two cruise lines over the next four years will be approximately $200 million.

The Bayport Cruise Terminal, which was fully completed in 2011, is located in Pasadena, Texas, outside of Houston.




 


Contracts

Nakilat Upgrades VSAT Service for LNG/LPG Fleet

Nakilat, the shipping arm of Qatar’s liquefied natural gas sector, has entered into a contract with Global Eagle Entertainment Inc.’s Emerging Markets Communications

Fred.Olsen Energy, Hyundai Settle Rig Dispute

Rig firm Fred. Olsen Energy and South Korean yard Hyundai Heavy Industries settle dispute over construction of semi-submersible rig Bollsta Dolphin. Shares in Fred.

NordLB to Shed Shipping Loans to KKR

German state-owned lender NordLB and KKR Credit said they had reached an agreement by which KKR Credit will acquire a $1.5 billion portfolio of shipping loans from

Cruise Ship Trends

Pods Versus Water Lubricated Props

Thordon Bearings has called on the marine industry to investigate the characteristics of both conventional seawater-lubricated propeller shaft systems and podded

Grand Bahama Shipyard Adds Four Executives

Grand Bahama Shipyard Limited (GBSL), a Caribbean shipyard providing retrofit, refurbishment and revitalization to cruise and commercial vessels, has added four

MV Werften Begins Building Crystal’s New Cruise Ships

The first two of four Rhine class river cruise ships are simultaneously under construction at MV WERFTEN in Wismar. Delivery of the 7-star vessels Crystal Bach

Ports

Big Tankers' Need for Retrofit Slows Use of New Panama Canal

The promise that some oil traders and brokers saw for an expanded Panama Canal to become a new route for large tankers will take longer to realize than expected

Tough Twins: New Fireboats for Port of Long Beach

Canada based naval architect and marine engineering firm Robert Allan Ltd. is a leading designer of high-performance response vessels of many types and in particular,

Portland Auto Exports Drive ConnectOregon Grant

The Oregon Department of Transportation has awarded a ConnectOregon grant of $2.6 million to the Port of Portland along with tenant Auto Warehousing Co. to fund

 
 
Maritime Contracts Maritime Standards Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Sonar Winch
rss | archive | history | articles | privacy | 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: 0.1022 sec (10 req/sec)