CARNIVAL TO  SPEND $100 MILLION ON NEW GRAND BAHAMA DOCK

Prime Minister Dr Hubert Minnis (left) and Giora Israel, Carnival Corporation’s Senior Vice-President/Global Port and Destination Development, are pictured following the signing of Heads of Agreements for Freeport Cruise Port and Half Moon Cay (expansion) developments September 26, 2019. (Photo Credit: Yontalay Bowe)

NASSAU, Bahamas — Months after a crane collapsed and damaged Grand Bahama Shipyard’s largest dock, Carnival Corporation is planning a $100 million investment to build a new and bigger dock, The Tribune reported on February 13.

Giora Israel, senior vice president of global ports and destination development, said the investment, which has not been finalised and is in the beginning stages of discussions, will also comprise development of infrastructure to expand the shipyard’s capacity.

“We are determined to make this yard again a great yard, possibly bringing it back to the number one cruise ship repair facility in the world,” Mr Israel told reporters yesterday in Miami. “(The dry dock) will be the biggest floating dock to be built in the last decade anywhere in the world and it’s likely to be built in China.”

A Royal Caribbean International ship was being serviced when the dry dock’s crane collapsed, injuring eight employees.

Mr Israel said officials expect to lose tens of millions of dollars this year after the accident left the company functioning at only 25 percent of its capacity.

“We are now in a situation that is obviously not very welcome in Grand Bahama of having the world’s largest cruise ship repair facility really crippled and its production gone down dramatically,” he said. See full Tribune story at http://www.tribune242.com/news/2020/feb/13/carnival-to-spend-100m-on-new-grand-bahama-dock/?news