Global Ports Share News (GPH)

Global Ports Holding hails Covid recovery as passenger figures surge

(Alliance News) - Global Ports Holding PLC on Tuesday celebrates "remarkable resilience" for the global cruise industry as it raised its guidance for passenger figures.

IN BRIEF: Global Ports given preferred bidder status for Moroccan port

Global Ports Holding PLC - London-headquartered cruise operator - Says a consortium, in which it holds a 51% interest, has been awarded preferred bidder status for a 15-year concession to operate the new Casablanca cruise terminal, Morocco. Says terms of the concession agreement are being discussed. The new cruise port is set to be completed in time for the 2030 FIFA World Cup, partly hosted in Morocco.

IN BRIEF: Global Ports Holding signs 50-year deal for Liverpool port

Global Ports Holding PLC - London-based cruise port operator - Signs 50-year agreement with Peel Ports Group's subsidiary, Mersey Docks & Harbour Co Ltd, to operate cruise services at Liverpool Cruise Port. Global Ports expects to take over operations of the port this month and will pay upfront charges, without disclosing financial details. The company plans to invest up to GBP25 million in the ports infrastructure, "which all stakeholders believe should act as a catalyst to unlock the future potential. This investment will include the addition of a new floating dock that will increase capacity and allow for the simultaneous berthing of two 300-metre ships and over 7,000 passengers a day," it says. Adds that the cruise port is well-positioned to participate in the growing northern European, British and Irish cruise markets, alongside having good airport connectivity.

IN BRIEF: Global Ports subsidiary begins cruise operations at port

Global Ports Holding PLC - London-based cruise port operator - Says its subsidiary San Juan Cruise Port LLC successfully reaches financial closing of the public-private partnership agreement and simultaneously concluded the debt financing for the initial phase of its investment in San Juan Cruise Port in Puerto Rico. The PPP was achieved through the issuance by San Juan Cruise Port of two bonds totalling USD187 million. Global Ports says the company has now taken over cruise operations at the port for Global Ports Holding.

Global Ports swings to profit as passengers rise but revenue declines

(Alliance News) - Global Ports Holding PLC on Tuesday announced a swing to profit in its latest half year amid "exceptionally strong" demand, and said it expects "further significant growth".

Global Ports raises guidance as cruise passenger numbers jump 50%

(Alliance News) - Global Ports Holding PLC on Friday said a surge in the number of people taking cruises gave a boost to adjusted earnings.

Global Ports ups passenger targets after impressive first half

(Sharecast News) - UK-listed Global Ports Holdings, the world's largest cruise port operator, has raised its forecasts for passenger numbers this year after a stronger-than-expected first half.

IN BRIEF: Global Ports Holding signs 10-year Bremeverhaven port deal

Global Ports Holding PLC - cruise port operator - Signs 10-year port concession agreement, with a potential 5-year extension option, with bremenports GmbH & Co KG, on behalf of the German city of Bremen regarding the operations at the cruise terminal Columbusbahnhof Bremerhaven. The cruise facilities are undergoing a multimillion-euro investment by the local authorities, Global Ports Holding says. In 2022, Bremeverhaven cruise port recorded 230,000 passengers. "The location of the port means it is ideally located for Scandinavian and Baltic Sea itineraries," the company says. It expects to take over port operations in the first quarter of 2025.

UK shareholder meetings calendar - next 7 days

IN BRIEF: Global Ports says cruise port occupancy back to pre-pandemic

Global Ports Holding PLC - London-based operator of 27 cruise ports in 14 countries - Reports adjusted earnings before interest, tax, depreciation and amortisation of USD28.6 million in the three months that ended June 30, its financial first quarter. This is up 86% from USD15.4 million a year before. Adjusted revenue rises by 60% to USD43.3 million from USD27.1 million, as passenger numbers at the ports the company directly manages increases by 76% to 3.1 million from 1.7 million. Total revenue is USD53.4 million, up 17% from USD45.7 million. Last month, Global Ports reported a significantly narrowed pretax loss of USD9.5 million for the financial year that ended March 31 from USD44.5 million in financial 2022.

Global Ports launches subscription deal with Global Yatirim Holding

(Alliance News) - Global Ports Holdings PLC said on Friday that it had entered into a subscription agreement with Global Yatirim Holding AS, issuing 5.1 million shares at 206.54 pence each.

Global Ports returns to pre-pandemic levels as travel restrictions end

(Alliance News) - Global Ports Holding PLC on Monday reported a narrowed annual loss and a surge in passenger numbers as the company benefited from the lifting of global travel restrictions.

TRADING UPDATES: Online Blockchain keeping ADVFN at "arms length"

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

TRADING UPDATES: NWF beats market view; AFC hydrogen offering progress

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

IN BRIEF: Global Ports Holding interim loss narrows on Covid recovery

Global Ports Holding - London-based cruise port operator - Pretax loss in the six months to September 30 narrows to USD4.4 million from USD29.4 million a year ago. Revenue grows 94% to USD118.3 million from USD61.1 million. Passenger number in the first half surges to 4.35 million from 560,000 as Covid restrictions were lifted or eased.