Carnival, the parent firm of cruise lines Holland American and Princess Cruises, agreed to base five vessels at the port through 2018 and maintain a passenger level of 420,000 per year through the port.
In return, Carnival will receive nearly $1.1 million in rebates and waived fees from the port through 2011. The cruise firm can also reap additional discounts if it brings additional ships to the port.
The cruise firm has been operating its lines out of a port-built $18 million 'temporary' facility at Terminal 30 since 2003.
The port has been seeking a new location for the cruise line in order to reclaim the acreage at Terminal 30 for its former use as a container terminal. SSA Terminals has a deal with China Shipping to operate the refurbished Terminal 30 when it opens in the spring.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now