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Cruise port: 4.2m projection beaten and 65 ships to come

Nassau Cruise Port’s top executive yesterday said the loss of three vessel calls on Friday due to bad weather is “not material” with the original full-year 4.2m passenger arrivals target already beaten.

Cruise port predicts 20% visitor surge to over 5m

Nassau Cruise Port is projecting a near-20 percent jump in passenger volumes to over five million for 2024, it revealed yesterday, as it watches for on any fall-out from Carnival’s Grand Bahama plans from 2025 onwards.

Cruise port ‘not unreasonable’ over tenant expansion plans

Nassau Cruise Port will “not unreasonably withhold” permission for any of its Marketplace tenants to expand their business by opening another outlet in a New Providence resort, its top executive has pledged.

Nassau flagship drives 1/3 of parent’s income

Nassau Cruise Port is being hailed as a flagship investment by its controlling shareholder with The Bahamas now accounting for almost one-third of its total group adjusted revenues and operating income.

Cruise port chief in 'ride the wave' call

Nassau Cruise Port's top executive yesterday urged downtown Nassau to "ride the wave" its $322.5m investment has created after a Cabinet minister voiced fears it could take "visitor traffic" away from other businesses.

Downtown ‘catalyst’ beats goal by $11m

The Nassau Cruise Port’s overhaul is “already serving as a catalyst” for fresh investment in downtown, its top executive has asserted, after its recent bond refinancing was oversubscribed by almost $11m to hit $145m.

$300m cruise port won’t be ‘a tourism Wal-Mart’

Nassau Cruise Port’s top executive says he is “absolutely” confident that its $300m transformation will increase visitor spending yields and lure more hotel guests downtown, adding: “We’re not creating a tourism Wal-Mart.”

‘Absolutely not worried’ by Royal Caribbean’s PI plan

Nassau Cruise Port’s top executive says he is “absolutely not worried” about Royal Caribbean’s $100m Paradise Island project sucking away passengers to the detriment of his facility and other Bahamian-owned businesses.

Cruise port’s $138m refinance eyes millions in cost savings

Nassau Cruise Port yesterday disclosed it is aiming to slash annual debt servicing costs by several million dollars through refinancing the $138m bond debt that kickstarted its transformation at COVID’s peak.

Downtown revival strategy ‘fell short’

Plans to revive downtown Nassau “fell short” because not enough focus was placed on the redevelopment of waterfront properties by their owners, Nassau Cruise Port’s chief executive admitted yesterday.

‘$400m opportunity’ to double cruise spend

Nassau has a “$400m opportunity” to double gross cruise passenger spending if it can fully capitalise on the “springboard” provided by the 900,000 visitor increase forecast for 2023, its port chief argued yesterday.

Cruise port hits 97% end-May occupancy

Passenger occupancies on vessels calling at Nassau Cruise Port in the final week of May exceeded 97 percent, it was revealed yesterday, signalling the sector is closing on full recovery from COVID-19’s ravages.

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