Carnival, Royal Caribbean Team on Saint Lucia Cruise Expansion

Date : 10/22/2019 @ 3:14PM
Source : Dow Jones News
Stock : Carnival Plc (CCL)
Quote : 3094.0  -67.0 (-2.12%) @ 4:35PM

Carnival, Royal Caribbean Team on Saint Lucia Cruise Expansion

Royal Caribbean Cruises (NYSE:RCL)
Historical Stock Chart

1 Month : From Oct 2019 to Nov 2019

Click Here for more Royal Caribbean Cruises Charts.

By Colin Kellaher

 

Carnival Corp. (CCL, CUK) and Royal Caribbean Cruises Ltd. (RCL) Tuesday unveiled plans to expand cruise operations in the eastern Caribbean island nation of Saint Lucia.

The Miami-based cruise giants said they signed a memorandum of understanding with the Saint Lucia government to form a joint venture that will manage the existing cruise pier and terminal facilities at the Port of Castries and to build and operate a new cruise port in Vieux Fort on the southern part of the island.

Carnival and Royal Caribbean said the new port will be able to accommodate the latest and most innovative ships in the cruise industry. The two companies currently account for 75% of all cruise ship deployment to Saint Lucia.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

October 22, 2019 10:59 ET (14:59 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.