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Pin to quick picksGlobal Ports Regulatory News (GPH)

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Global Ports Holding Plc Celebrates Sustainability Milestone as Valletta Cruise Port Successfully Implements Shore Power

7 Dec 2023 14:39

Global Ports Holding PLC Global Ports Holding Plc Celebrates Sustainability Milestone as Valletta Cruise Port Successfully Implements Shore Power 07-Dec-2023 / 14:38 GMT/BST The issuer is solely responsible for the content of this announcement.


Global Ports Holding Plc Celebrates Sustainability Milestone as Valletta Cruise Port Successfully Implements Shore Power

 

Global Ports Holding (GPH), the world's largest cruise port operator, is delighted to announce a major advancement in environmental sustainability with the successful implementation of shore power at Valletta Cruise Port.

On December 01, 2023, the cruise ship Viking Saturn made history as the first-ever vessel to utilize the newly installed Onshore Power Supply (OPS) system at Valletta Cruise Port. The following day, Viking Venus also docked at the port, with both ships simultaneously receiving shore power through the OPS.

This inaugural connection of shore-to-ship power within GPH's global port network marks a historic moment for both Valletta Cruise Port and GPH. Beyond its local significance, this achievement holds great importance for the broader global cruise industry.

As the global cruise industry intensifies efforts to reduce carbon emissions and embrace sustainability, this milestone represents a pivotal step, particularly in the Mediterranean region. It serves as a model for collaborative efforts among stakeholders to prioritize investments that enable shore power implementation at cruise ports worldwide.

This achievement signifies a momentous first for GPH and a crucial stride in the company's sustainable journey, reflecting the commitment to implementing eco-friendly practices across its port network.

Global Ports Holding remains dedicated to prioritizing Environmental, Social, and Governance (ESG) initiatives, paving the way for further advancements in green energy solutions. The company anticipates playing a leading role in fostering a more sustainable and environmentally responsible future for the cruise industry and the communities it serves.

Mehmet Kutman, Chairman and CEO of Global Ports Holding, expressed gratitude, stating, "This accomplishment underscores our unwavering commitment to environmental sustainability and innovation. I extend my sincere thanks to the Maltese Government and Infrastructure Malta for their pivotal role in bringing this project to fruition. Special appreciation goes to the Valletta Cruise Port team for their persistent efforts and coordination."

Stephen Xuereb, COO of Global Ports Holding and GM of Valletta Cruise Port, echoed these sentiments, emphasizing, "The successful integration of shore power at Valletta Cruise Port stands as a testament to our dedication to eco-friendly initiatives. We prioritize Environmental, Social, and Governance (ESG) considerations, and this achievement aligns with our commitment to advancing green energy solutions across all GPH facilities."

This €49.9 million initiative, led by the Ministry for Transport, Infrastructure and Capital Projects, Infrastructure Malta, and Transport Malta, and supported by Valletta Cruise Port, aims to provide shore power on the five main cruise ship quays of Valletta's Grand Harbour. The initiative is expected to result in significantly reduced emissions and a substantial improvement in air quality, as the shore supply allows cruise ships to switch off their onboard generators while in port.

 

CONTACT

 

 

For investor, analyst and financial media enquiries:

 

For trade media enquiries:

Investor Relations

 

Global Ports Holding

Martin Brown

 

Ceylan Erzi

Telephone: +44 (0) 7947 163 687

 

Telephone: +90 212 244 44 40

Email: martinb@globalportsholding.com

 

Email: ceylane@globalportsholding.com

 

 


Dissemination of a CORPORATE NEWS, transmitted by EQS Group.The issuer is solely responsible for the content of this announcement.


End of Announcement - EQS News Service

1792411 07-Dec-2023 

corporate announcement transmitted by EQS Group AG. The issuer is solely responsible for the content of this announcement.

Date   Source Headline
7th Jun 20184:35 pmRNSPrice Monitoring Extension
7th Jun 20187:26 amRNSPartnership agreement
22nd May 20187:00 amRNSAgreement for operation of Havana cruise port
10th May 20187:00 amRNSQ1 2018 Trading Statement
8th May 20184:41 pmRNSResult of AGM
4th May 201811:43 amRNSHolding(s) in Company
4th May 201811:41 amRNSHolding(s) in Company
4th May 20187:03 amRNSAppointment of External Auditors
27th Apr 20185:33 pmRNSHolding(s) in Company
27th Apr 201811:06 amRNSHolding(s) in Company
16th Apr 20189:03 amRNSInvestor Relations Director Appointment
3rd Apr 20186:28 pmRNSNotice of AGM and Publication of Annual Report
26th Mar 20185:42 pmRNS2017 Final Dividend Dates
19th Mar 20187:00 amRNSZadar Gazenica Cruise Port
12th Mar 20184:40 pmRNSSecond Price Monitoring Extn
12th Mar 20184:35 pmRNSPrice Monitoring Extension
12th Mar 20187:09 amRNSAnnual Financial Report
28th Feb 201810:33 amRNSAppointing Mark Robinson, Chief Commercial Officer
15th Jan 20188:03 amRNSDr. Ece Gürsoy appointed Chief Legal Officer
5th Dec 201710:18 amRNSColin Murphy appointed GPH Americas Coordinator
9th Nov 20177:04 amRNS9M 2017 Trading Update
1st Nov 20178:35 amRNSInauguration New Lisbon Cruise Terminal
24th Aug 20178:19 amRNSHolding(s) in Company
21st Aug 20177:03 amRNSHalf-year Report
31st Jul 201710:41 amRNSNotice of 2017 Interim Results & Interim Dividend
13th Jul 20179:24 amRNSReduction of Capital
11th Jul 20178:39 amRNSAppointment of Joint Corporate Brokers
22nd Jun 20174:00 pmRNSTR-1 : Notification of Major Interest in Shares
14th Jun 20177:00 amRNSQ1 2017 Trading Statement
12th Jun 20177:00 amRNSMid-Stabilisation Period Announcement
9th Jun 20175:43 pmRNSPost-Stabilisation Period Announcement
9th Jun 20175:38 pmRNSPARTIAL EXERCISE OF THE OVER-ALLOTMENT OPTION
2nd Jun 20174:45 pmRNSMid-Stabilisation Period Announcement
26th May 20174:45 pmRNSMid-Stabilisation Period Announcement
19th May 20174:45 pmRNSMid-Stabilisation Period Announcement
19th May 20177:10 amRNSTR-1 : Notification of Major Interest in Shares
17th May 20178:04 amRNSAdmission to Trading
12th May 20177:05 amRNSPre-Stabilisation Period Announcement
12th May 20177:00 amRNSAnnoucement of Offer Price
17th May 20054:59 pmRNSCLNs Conversion/Redemption
17th May 20054:53 pmRNSPayment of CLN Interest

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