The Carnival Corporation, the world’s largest cruise line by revenue and passenger traffic in 2018, today announced that construction has begun on its new $300 million port complex located at Port Lucaya near Freeport. The 10-year project is designed to accommodate a full range of future ship needs including “mega ships” up to 1,000 feet long and 115 stories tall.
Construction begins on Carnival Cruise Line’s new Grand Bahama port. The company plans to spend $1 billion on the project. Read more in detail here: carnival cruise line news.
The Bahamas has always been incredibly significant to Carnival Cruise Line as one of the busiest destinations in the area. Carnival has decided that now is the perfect moment to make a big investment in the Bahamas, given the recent rise in reservations and the industry’s general confidence.
The cruise line is investing $200 million on a new cruise port in collaboration with the Grand Bahama Port Authority and the Bahamas government.
The cruise port’s construction formally began today with a groundbreaking ceremony attended by Carnival Cruise Line executives, Carnival Corp. officials, and local lawmakers.
Grand Bahama’s Groundbreaking Ceremony
Carnival Cruise Line reaffirmed its commitment to the Bahamas by breaking ground on a new cruise terminal on Grand Bahama Island. Since Carnival’s inception fifty years ago, the Bahamas have played a critical part in the cruise line’s expansion.
In late 2024, the new Carnival Grand Bahama cruise port will open. Two Excel-class cruise ships, such as Carnival’s Mardi Gras, Carnival Celebration, and Carnival Jubilee, will be able to dock there.
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The port is being built on the island’s southern side, providing access to the whole island as well as other intriguing features and services.
“Today’s groundbreaking on our incredible new Grand Bahama destination represents an opportunity to collaborate with the government and people of Grand Bahama – to contribute to the local economy through job and business opportunities, and to further expand our experience offerings for our guests who will have a breathtaking new port of call to enjoy,” says Carnival Cruise Line President Christine Duffy.
There will be a separate shore excursion dock and a specialized ground transportation hub to optimize visitors’ time in port, in addition to a new pier capable of housing the biggest cruise ships in Carnival’s fleet.
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A natural reserve and an internal pool will be included in the port area. Guests will also have access to a full range of Bahamian shopping, culinary, and beverage choices.
“We appreciate the Bahamas government’s and the Grand Bahama Port Authority’s continuing assistance as we commence development.” Our visitors already like the Bahamas, and we’re certain that this new endeavor will add to their enthusiasm,” Duffy concluded.
Investment of $200 million
The new port project means a Investment of $200 million for Carnival Cruise Line and Carnival Corporation. Cruise lines have been moving to develop their own infrastructure projects for many years now, with Carnival Corporation operating both Princess Cays and Half Moon Cay in the Bahamas.
The new port will provide local towns with the chance to build retail and food and beverage outlets:
“The new Carnival cruise port destination will have a monumental impact on our island’s economy, including a panoply of new business opportunities, a huge surge in tourist visitors, and increased activities for established businesses,” said Grand Bahama Port Authority Acting Chairman Sarah St. George.
The contract was initially announced in 2019, with construction set to begin in mid-2020. The plans were put on hold because to the pandemic, but Carnival and the Bahamas now believe the timing is appropriate to begin construction.
Carnival Cruise Line President Christine Duffy, Bahamas Prime Minister Philip Davis, Carnival Corporation CEO Arnold Donald, and Carnival Corporation executives attended the groundbreaking event. In the next months, further information about the cruise port’s architecture, amenities, and name will be unveiled.
There Will Be More Investments
There was more good news for the Bahamas at the groundbreaking ceremony. At Grand Bahama Shipyard, Carnival Corporation CEO Arnold Donald said that the business will construct two of “the biggest floating dry docks ever constructed.”
This might indicate that Carnival Corporation plans to expand the number of dry docks in the Bahamas, as well as dry dock its Excel-class ships there. The majority of corporations send their ships to Europe for dry docking, which is not only a longer journey but also substantially more costly.
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