‘GPH operates ports in among the most vital cruise hubs within the Caribbean and Mediterranean and advantages from actual scale the world over’s main cruise locations,’ mentioned Michael Griffin, accomplice at Sixth Road and head of the specialty lending staff in Europe.
He added that GPH is well-positioned to proceed to develop its long-term relationships in key markets because the cruise trade and the native economies that rely on it start to get well.
Emre Sayın, CEO of GPH referred to as the capital increase ‘well timed’ and ‘reinforces our place because the market chief and offers us the monetary flexibility to benefit from progress alternatives with the resumption of cruising.’
He added, ‘we respect Sixth Road offering us with financing certainty at an vital second for the worldwide cruise trade, and we stay up for utilizing this capital to proceed to increase our enterprise.’
With the most recent addition of Taranto Cruise Port to its community, at present World Ports Holding operates 20 ports in 13 nations.
Two ports, Valletta Cruise Port and Marina Bay Cruise Centre Singapore, have began operations and GPH said all its cruise ports which have been awarded the ‘Secure Travels’ stamp by the WTTC, are able to welcome cruise passengers.