Global Ports Holding PLC (GPH)
Global Ports Holding Plc
Singapore Concession extended to 2027
Global Ports Holding Plc ("GPH Plc" or "Group"), the world's largest independent cruise port operator, today announces that its joint venture, SATS-Creuers Cruise Services PTE. LTD (SCCS), the operator of Singapore's Marina Bay Cruise Centre has had the term of its concession extended to May 2027.
Marina Bay Cruise Centre Singapore is the second largest cruise port in Asia by passenger numbers, welcoming over 1.7m passengers to its purpose-built cruise terminal in 2018. The port is a leading homeport in the region and its infrastructure, as well as its strategic geographic location, means it is well positioned to benefit from the continued regional growth in cruise tourism.
Notes to Editors
SATS-Creuers Cruise Services PTE. LTD is a 60:40 joint venture between SATS, Asia's leading provider of food solutions and gateway services, and Creuers del Port de Barcelona (Creuers), terminal operator of Europe's leading cruise home port.
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