Royal Caribbean will spend $400 million on a stunning new Miami cruise terminal
Royal Caribbean
Royal Caribbean Cruises announced on Wednesday that it will construct a stunning new cruise terminal in Miami to serve as the future home of the company's newest generation of ships.
Royal Caribbean has reached an agreement with Miami-Dade County to build the new terminal on land leased from the county at PortMiami.
One of the main attractions of the planned $400-million terminal will be the introduction Royal Caribbean's Oasis-Class ships. This includes Harmony of the Seas - largest cruise ship in the world.
"We are truly excited to be working with Miami-Dade County and PortMiami to create not just another cruise terminal, but a truly iconic building," Royal Caribbean chairman and CEO Richard D. Fain said in a statement.
"This new terminal is a symbol of our commitment to Miami, the city where our company first started almost 50 years ago. We can't wait to bring an Oasis-class ship to PortMiami."
According to Miami-Dade County mayor Carlos Gimenez, the planned terminal is expected to create 4,000 jobs and have a $500-million impact on the local economy. The Miami-Dade County Board of County Commissioners will vote on the agreement on July 6.
- Indian markets could recover on Monday but earnings, global cues will decide the rest of the week, say experts
- Top temples to visit in India you must visit atleast once in a lifetime
- Top 10 adventure sports across India: Where to experience them in 2024
- Market recap: Valuation of 6 of top 10 firms declines by Rs 68,417 cr; Airtel biggest laggard
- West Bengal Elections: Rift among INDIA bloc partners triggers three-cornered intense contests
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market