December 5, 2018
The Port of Galveston will sign a memorandum of understanding with Royal Caribbean Cruises Ltd. to develop and operate a third cruise terminal. Officials from the Port of Galveston and Royal Caribbean will host an event on Dec. 5, 2018 to formally announce plans for the terminal.
A final agreement will need to be negotiated by the two parties, then be approved by the Board of Trustees of the Galveston Wharves before anything can move forward. A final agreement is scheduled to be presented at the board’s January 2019 meeting.
The MOU concludes a years-long attempt to build a third terminal to the Port of Galveston. The port was ranked as the fourth-busiest port by cruise embarkations for 2016, according to a Cruise Line International Association’s economic impact analysis, which was released in October 2017.
Pictured: Royal Caribbean’s Voyager of the Seas at Terminal 2, Port of Galveston
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