Global Ports Share Discussion Threads

[tomboyb] 16/11/2020 08:45

Taranto Cruise Port agreement
16/11/2020 8:36am
UK Regulatory (RNS & others)


Global Ports Holding PLC (GPH)
Taranto Cruise Port agreement

16-Nov-2020 / 08:36 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

Global Ports Holding Plc

Taranto Cruise Port agreement

Global Ports Holding Plc ("GPH" or "Group"), the world's largest independent
cruise port operator, is pleased to announce that, the Port Network
Authority of the Ionian Sea ("Port Authority") has awarded Global Ports
Holding a 20-year concession to manage the services for cruise passengers in
the Port of Taranto, Italy.

The cruise port infrastructure in Taranto is currently undergoing a state
funded, c&euro28m investment program, including the building of a new cruise
terminal. The construction of these new facilities is expected to be
completed by the end of 2020.

GPH and Port Authority will now work towards agreeing the terms of a
concession agreement. Following the successful execution of the concession
agreement, GPH will use its global expertise and operating model to manage
the cruise port operations in Taranto. The concession is expected to start
in Q1 2021.

In 2019, the Taranto Cruise Port welcomed c9k cruise passengers, with a pre
Covid-19 forecast of over 14k passengers in 2020.

CONTACT
For investor, analyst and For trade media enquiries:
financial media enquiries:
Global Ports Holding, Investor Global Ports Holding
Relations
Martin Brown Ceylan Erzi
Telephone: [phone] Telephone: [phone]
Email: Email:
[e-mail] [e-mail]

ISIN: GB00BD2ZT390
Category Code: AGR
TIDM: GPH
Sequence No.: 87908
EQS News ID: 1148315

End of Announcement EQS News Service

[tomboyb] 13/11/2020 13:42

Valencia Cruise Port agreement
13/11/2020 1:01pm
UK Regulatory (RNS & others)


Global Ports Holding PLC (GPH)
Valencia Cruise Port agreement

13-Nov-2020 / 13:01 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

Global Ports Holding Plc

Valencia Cruise Port agreement

Global Ports Holding Plc ("GPH" or "Group"), the world's largest independent
cruise port operator, is pleased to announce that, its partner Baleària
Group ("Baleària") has been awarded a 35-year concession agreement for the
ferry and cruise port of Valencia, with a 15-year extension option. As part
of this agreement, GPH will operate and manage Valencia Cruise Port
throughout the period of the concession. All parties will now work together
to conclude the agreement that is expected to be signed in Q1 2021. A
further announcement, as appropriate, will be made in due course.

Under the terms of the agreement, Baleària will invest up to $37m into the
port infrastructure, including two new state of the art smart terminals, as
well as investment into ferry piers, car parking and retail and F&B areas.
The concession is expected to start in Q1 2021, with the expected two-year
investment phase starting at the same time.

The new terminals will set a new benchmark for sustainability in the
passenger transport industry, producing 100% of their electricity needs from
their own renewable energy sources (photovoltaic, wind, renewable hydrogen
and biofuel), with all waste generated being recycled.

In 2019, the port of Valencia received 203 cruise ship calls and welcomed
c435,000 cruise passengers, with a pre Covid-19 forecast of over 500,000
passengers in 2020.

Emre Sayin, Chief Executive Officer, said:

"We are very grateful to Valencia Port Authority for placing their trust in
GPH as the operator of Valencia Cruise Port. The project presented by our
partners, Baleària Group, in collaboration with GPH, will set a new
benchmark for excellence and sustainability in the passenger transport
industry.

Valencia Cruise Port is an important addition to our cruise port network,
further strengthening our presence and capabilities in Iberia and the West
Med. We very much look forward to growing cruise passenger volumes in
Valencia in a sustainable and responsible way."

About Baleària Group

Baleària Group is the leading shipping line for passenger and freight
transport on Balearic Islands crossings to the Spanish mainland. It also
operates a number of other passenger ferry services in the Mediterranean and
Caribbean.

In 2019, Baleària handled c4.5m passengers and 6.1 metres of cargo,
generating turnover of &euro452m.

ISIN: GB00BD2ZT390
Category Code: AGR
TIDM: GPH
Sequence No.: 87866
EQS News ID: 1148104

End of Announcement EQS News Service

[dartboard1] 11/11/2020 19:48

GPH won't be taken over... the parent company in turkey owns 63%. Sometimes sends the corporate governance radar going, but I think they're doing all they can to refinance this debt and build the new Caribbean port in time for the reopening.US dollars are quite valuable with the Turkish lira where it is, so hopefully our interests are aligned

[tomboyb] 11/11/2020 09:30

Some of these companies will be T/O targets as can be seen with lots of M&A activity -

[tomboyb] 11/11/2020 08:08

Big trade from yesterday at 80p+ -

[tomboyb] 10/11/2020 10:26

Could see £1 week end -

Lots of pre-covid stocks recovering and i suspect those covid pharm stocks could have a torrid week -

[tomboyb] 10/11/2020 09:37

Good volume today -

[paulof2] 09/11/2020 15:53

Feel like this should be a lot higher given vaccine news. Should be up as much as airlines and actual cruise ships in my view..

[tomboyb] 09/11/2020 13:32

Punted a few -

Broker just crashed !

[livewireplus] 06/11/2020 18:28

Not directlt related but ... Hundreds of passengers were setting sail from Singapore Friday on a 'cruise to nowhere' with safety measures in place to prevent coronavirus outbreaks, as the industry seeks to bounce back from a pandemic-induced crunch.hTTps://gulfnews.com/photos/news/all-aboard-singapore-cruise-to-nowhere-sets-sail-1.1604666611323 

[dartboard1] 21/10/2020 11:06

Sale of commercial port $140m.Not the best price, but helps with the refinancing due next year

[livewireplus] 17/9/2020 19:24

Dubai cruise industry ready to set sail again – Gulf NewshTTps://gulfnews.com/photos/business/photos-dubai-cruise-industry-ready-to-set-sail-again-1.1600330355497The first cruise ships after the COVID-19 crisis will dock at Dubai's Mina Rashid Terminal late October, according to a top official at the port operator. And all precautions are being taken to ensure the health and safety of those on board as well as those whom they come in contact with.

[dartboard1] 16/9/2020 11:58

Have seen a couple of rns now from CCL talking of Mediterranean cruises this autumn and winter... Low vol but at least it'll give some cash flow...remembering that management have modelled a severe downside scenario with no cruise calls for remainder of 2020 and extending into 2021 for certain ports, actual figures are likely to be better than worst case.

[livewireplus] 06/9/2020 15:53

No posts here gor about 6 weeks ... do thought I'd add something.Not directly related to GPH - but an indication of better news to come ... hTTps://www.thenational.ae/uae/government/dubai-gets-ready-to-welcome-back-cruises-1.1065258Dubai gets ready to welcome back cruisesShips expected to visit the emirate by autumn amid stringent safety measures

[yasyas1] 23/7/2020 20:23

About time

[amazoner] 23/7/2020 12:47

well done gph yippee yippee

[dartboard1] 22/7/2020 21:11

There's also the sale of the commercial port in the works, but no recent news on where that is...

[dartboard1] 22/7/2020 21:07

Here's an idea. In September this year GPH's controlling investor plans to IPO its gas business. They've now terminated the relationship deed stating they will transact at arms length with GPH. This injects cash to then refinance the Eurobonds themselves (at a favourable rate - to GIH not GPH).

[amazoner] 22/7/2020 08:58

lucky i still hold few

[livewireplus] 21/7/2020 11:08

Someone was keen to get nearly GBP 107 k's worth at 95p.... glad I topped-up again at around 70p .... but unfortunately was waiting for it to go below that for further top-ups - that might not happen now.Happy Cruising ....

[scoop8] 15/7/2020 16:35

I noticed there 400k of purchasing today??
Strange

[dartboard1] 14/7/2020 20:09

Removal of relationship deed could go either way. Not sure what their plan is.. are they planning a cheap takeover from controlling holder or a smart way to refinance the Eurobonds... we will find out soon

[thefartingcommie] 01/7/2020 20:15

fwiw...looks to be an excellent period of consolidation....patience....

[livewireplus] 01/7/2020 19:29

Is that a rhetorical question?

[yasyas1] 01/7/2020 14:45

Is this a dead duck?