The Port of Galveston announced on December 5 that it signed an MOU with Royal Caribbean Cruises for the development and operation of a new cruise terminal. The new facility is expected to start operations in fall 2021.
Namely, the long-term lease negotiations could lead to a 60-year transaction: a 20-year initial term and four 10-year options.
What’s more, information about the cost and design haven’t been announced yet. However, details concerning the terminal were published and focused on the...
https://safety4sea.com/port-of-galveston-to-have-new-cruise-terminal/