Showing posts with label Economic Growth. Show all posts
Showing posts with label Economic Growth. Show all posts

Saturday, 8 April 2023

Galveston Port Off to a Strong Start in 2023

Galveston Port Off to a Strong Start in 2023


The Port of Galveston is off to a strong start in 2023 with increased performance for cargo and cruise ships in February this year, compared to last year, according to a statement.

Port of Galveston welcomed a total of 71 cruise sailings compared to February last year, up 22 per cent and recorded 521,503 passenger movements (embarkations and debarkations) which is an increase of 123 per cent

“Solid financial performance is helping our self-sustaining port fund major capital projects, including cruise terminal and cargo facility expansions. All of this translates into more jobs and regional economic growth,” said Rodger Rees, Galveston Wharves Port director and CEO.

The port also saw an increase in cargo (52 total, a 13 per cent increase) and lay ship calls, (55 total, a 10 per cent increase).

“As these numbers reflect, cruising from Galveston Island has never been better. We estimate 355 sailings in 2023, a new record in the port’s 22-year history as a cruise homeport. We’re also on track to break our previous record of more than 1 million cruise passengers last year.”

Rees said that the factors contributing to the industry growth include the growing popularity of cruise vacations, the port’s location and the opening of a third cruise terminal in November 2022, among other factors.

“With all of this going for our port, it’s no surprise that popular cruise lines Carnival and Royal Caribbean, both long-time port cruise partners, are investing in cruise terminal infrastructure and newer and larger ships for Galveston. Other major cruise lines, Disney, Norwegian and Princess, have seasonal sailings from Galveston.”

“This cruise and cargo growth translates into new jobs and more hours for union workers. Experts forecast more than 650,000 union hours on the Galveston waterfront in 2023, the highest in years, “ added Rees.

Thursday, 25 August 2016

Jamaica Port Authority plans $40 million Montego Bay Upgrade

Jamaica Port Authority plans $40 million Montego Bay Upgrade

Image result for montego bay jamaica cruise port
Montego Bay Cruise pier

The Port Authority of Jamaica (PAJ) will spend $40 million to upgrade the country’s cruise ship port in Montego Bay according to local media reports. The upgrade is being designed to create a “regional, multi-purpose port” operators hope will host more cruise ships.  
Jamaica officials anticipates “homeporting” cruise ships for scheduled departures from the revamped Montego Bay facility, said Dr. Horace Chang, a ministry of Economic Growth and Job Creation official, in a Jamaica Observer report.
“The current cruise ship pier has to be improved significantly to support the traffic we are going to have with home porting,” he said.
William Tatham, PAJ’s vice president of cruise shipping, said  Montego Bay “will have seven [ships] home porting, up from five” in the 2016-1017 season. Carnival Cruise Line’s Carnival Breeze, Carnival Dream and Carnival Freedom will sail regularly from Montego Bay this fall and winter along with ships from MSC Cruises, Princess Cruises and several European cruise lines.
In an earlier interview on the government-run Jamaica Information Service (JIS) website, Chang said PAJ is placing “serious focus” on expanding and improving the resort city’s cruise shipping facilities. “We expect cruise shipping to grow in Montego Bay and not just cruises coming through, but home-porting in particular,” he said.
Montego Bay is the smallest of Jamaica’s three major cruise ship ports, hosting 210,000 cruise passengers in the 2014-2015 season, trailing Ocho Rios (400,000 passengers) and Falmouth (800,000) passengers according to PJA data.
Jamaica’s 1.5 million cruise passenger arrivals during the 2014-2015 season represents the country’s best-ever annual total and is a 20 percent increase over 2014. Overall cruise ship calls increased 19 percent to 433 compared with 363 in 2014, according to PAJ data.
The ports of Falmouth and Ocho Rios accounted for 44 percent and 32 percent, respectively, of ship calls and 52 percent and 30 percent of passenger arrivals