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Royal Caribbean ready to invest $300 million into new cruise terminal in Sevastopol

In:
07 Jan 2013

Sevastopol, Russia first deputy chairman of SSGA, Deputy CDF Regions Party Sergey Savenkov announced on television that Royal Caribbean is ready to invest $300 million in the construction of a new passenger terminal for the Black Seas port.

"One of the biggest passenger cruise companies in the world, Royal Caribbean is considering working in Sevastopol." said Savenkov.

Savenkov said a Vice President from Royal Caribbean met with him and are working with officials to reserve land in the vicinity of Cape Crystal to build a new terminal.

He added: "There is a very serious project of the passenger terminal at Cape Crystal. Royal Caribbean is willing to invest in the construction of the terminal 250-300 million dollars in the first phase. "

According to him, the negotiations between the Sevastopol authorities and Royal Caribbean are in the active phase.

Ukranian government ready to transfer ports to Royal Caribbean

In:
17 Feb 2012

The Ukrainian government intends to transfer access to the ports of Sevastopol and Yalta to Royal Caribbean in an agreement that was reached. This was announced today at a press conference bythe first deputy chairman of the city administration Sergey Savenko.

According to Savenko, "This company is willing to invest 250 million dollars in the infrastructure to handle the large cruise liners, in the construction of hotels, restaurants, in the reconstruction of quay walls, such as passenger ships require long piers not less than 300 meters."

Sergey Savenkov also noted that "we consider the more expensive option of building a new wharf at Cape Crystal." In the meantime, he says, "the main task for us - removal of the base repair of ships from the South Bay away from the center, most likely in the area of ​​Inkerman, and a marina prepare for the reception worthy of yachts and ships."

As the head of the Sevastopol Sea Trade Port Sergei Tarakanov, "now active negotiations with the investor and the only obstacle to the imperfection of the Ukrainian legislation." "The government is preparing a decree according to which the Yalta and Sevastopol port may be conceded," - said Tarakanov. According to him, "in the next six months, the issue is resolved. I'm sure - this is one of the good lines, just because no one will give money. Investor needs to know what to pay."

Administration of the seaport of Sevastopol is also considering converting to receive large cruise ships dock, however that is currently on loan at the Russian Black Sea Fleet.

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