Royal Caribbean Genesis Ships to Homeport in Fort Lauderdale

Royal Caribbean will homeport its two 5,400-passenger Genesis-class ships at Port Everglades in Fort Lauderdale after they are delivered in 2009 and 2010. The ships are expected to add approximately 584,000 passengers to the port each year. As part of the agreement, Royal Caribbean will reimburse up to $37.4 million in capital expenditures for expansion and related infrastructure needs of Terminal 18, already one of the largest cruise passenger ports in the world. Along with sister lines Celebrity Cruises and Azamara Cruises, Royal Caribbean will generate about 17 million in passenger volume at Port Everglades during the first 10-year term of the contract. (DE)

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