Carnival Corporation Signs Agreement with Port Authority of Barcelona to Build and Operate New Cruise Terminal in Europe's Largest Port

Carnival Corporation Signs Agreement with Port Authority of Barcelona to Build and Operate New Cruise Terminal in Europe's Largest Port

World's largest travel and leisure company will invest more than 30 million euros to construct and operate its second private cruise terminal at Port of Barcelona

Expanding one of five global ports operated by Carnival Corporation, the new Barcelona cruise terminal will be ready to accommodate the company's new class of cruise ships arriving in 2018 and 2019

MIAMI, July 23, 2015 -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest travel and leisure company, today announced it has signed an agreement with the Port Authority of Barcelona to invest more than 30 million euros to build and operate its second private cruise terminal at the Port of Barcelona, which is used by seven of the company's 10 cruise line brands as both a destination and home port. As part of the agreement, the Port Authority granted Carnival Corporation administrative concessions to operate the cruise terminal and all-new parking facility at Europe's largest port and the fourth busiest port in the world.

With the agreement, Carnival Corporation has been granted approval to begin the final design process and start construction of the new terminal in 2016. Scheduled to open as early as 2018 in the Port's Adossat wharf, the new terminal will be one of Europe's largest at 11,500 square meters.

In addition, Carnival Corporation will collaborate with the Port to build and open the first public parking facility located on the cruise pier, providing guests embarking on cruises convenient access to over 300 parking spaces.

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