June 17, 2022
Nassau Cruise Port. Photo: Donavan McIntosh/Tribune staff
Stories this photo appears in:
Gov’t abandons $12m VAT bid on $128m cruise ships
The Government has abandoned its bid to obtain $11.636m in VAT on the $128m sale of two cruise ships after the same tax claim was also dismissed by the Supreme Court.
Super yacht ambitions to boost cruise port margins
Nassau Cruise Port’s chief executive is optimistic that its “super yacht destination” ambitions and full opening will significantly improve operating income margins that are currently among its parent’s lowest.
Cruise port targeting $40m yearly revenue
Nassau Cruise Port will generate up to $40m in annual operating revenues from 2023 onwards, it has been revealed, with next year’s passenger volumes forecast to hit a record high by breaching the four million mark.
Cruise ship occupancies to hit 110% by end-2022
Nassau Cruise Port’s chief executive yesterday disclosed that average passenger occupancies will hit pre-COVID levels of 110 percent by year-end 2022 and beat its own recovery forecast.
‘Train’s left station’: MSC eyes cruise port’s owner
Nassau Cruise Port’s $300m transformation will not be disrupted by a shipping giant’s interest in acquiring its controlling shareholder, its chief executive asserted yesterday, adding: “That train left the station a long time ago.”
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