Cruise News Ports Cruise Lines Preparing $500 Million Investment For The Bahamas

Cruise Lines Preparing $500 Million Investment For The Bahamas

Affiliate Disclaimer

Celebrity Cruises Has No Plans to Offload Ships to Pullmantur

Celebrity Cruises has now denied this and there is no plan on selling or leasing any Celebrity cruise ship to the Spanish-based sister line Pullmantur.

Shipyard Releases New Construction Photos of Royal Caribbean Ship

New construction photos have been released from the popular Meyer Werft shipyard in Papenburg, Germany of the next new Royal Caribbean cruise ship.

Two Celebrity Ships to Help Bring Cruise Line Back to Business

It's looking like Spanish-based Pullmantur Cruises that is partly owned by Royal Caribbean might be brought back to business.

Black Friday and Cyber Monday Cruise Deals 2020

It's that time of year to take advantage of Black Friday and Cyber Monday cruise deals, the biggest shopping day of the year!

The Bahamas has big plans. The cruise industry is making moves in the Caribbean. Is this competition or opportunity? With the current events unfolding how will it all play out.

The Bahamas is set to receive a $500 million investment. The Minister of Tourism broke the news. The investment will be laid out over a two-year plan. The cruise lines providing a majority of the funds are MSC and Carnival Corp. MSC plans to spend $100-$200 million on the private cay island project. While Carnival is planning a port on east Grand Bahama.

The Minister of Tourism Obie Wilchombie, released statements on proposed plans.

Obie Wilchombie Minister of Tourism:

“We have major players such as Carnival, Royal Caribbean, Disney and Mediterranean (MSC) all now in the middle of completing major negotiations for further development that would mean hundreds of millions of dollars being invested in the Bahamas; in fact, well over half a billion dollars of investment over the next year or two.”

A good note to add. This is the same official who made comments about Cuba. The relations with the U.S. and Cuba has other Caribbean nations worried. Some would say, Cuba can draw valuable tourism currency away from traditional destinations in the Caribbean. The competition is not always welcomed. Cruise Hive will continue to report on the matter.

Nassau, Bahamas

Cruise news, tips & trends to your inbox.

Nassau, Bahamas
Share via
Copy link