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

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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


(END) Dow Jones Newswires

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

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

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