Seatrade Insider (sorry registration required 
) is reporting that Carnival Corporation (parent of Carnival Cruise Lines and many others) has signed a 20 year deal with the government of St Maarten and the Port of Sta Maarten to provide funding for the islands new two berth pier.
Carnival will provide $35.4 million in financing for the project as well as guaranteeing a minimum number of passengers. In return Carnival Corp has preferential rights at the facility, with eight of it’s brands including three European ones expected to visit.
Construction is scheduled to begin in December and be completed in 2009.
Filed under: General News
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