British independent cruise port operator Global Ports (GPH) has signed a management service agreement with Ha Long Sun Limited Liability Company.
Valid for a period of 15 years, the agreement is for the Ha Long International Cruise Port located in Ha Long Bay in Vietnam.
Due to its close proximity to Hong Kong, China, Indonesia, Malaysia and Singapore, Ha Long International Cruise Port is expected to become a leading transit port in Asia.
Three international airports, Noi Bai International Airport, Cat Bi International Airport and Van Don International Airport, are just 200km away from the port.
Ha Long International Cruise Port is the first purpose-built cruise port in Vietnam. Recently, it received an investment of $44m. It can handle the world’s biggest cruise ships.
The port is expected to manage more than 75,000 passengers this year. It is estimated that the port will be able to handle over 100,000 passengers next year.
Global Ports CEO Emre Sayin said: “I am delighted that GPH has signed a management service agreement for the Ha Long International Cruise Port. This agreement marks a truly historic moment for Global Ports Holding and marks an important inflexion point in our growth aspirations in Asia.
“The GPH team very much look forward to working with our partner, the cruise lines and the people of the Quang Ninh Province to turn this iconic location into a leading cruise port in the region.”
The Ha Long International Cruise Port is GPH’s second port in Asia.
Founded in 2004, Global Ports manages 17 ports, including a diverse portfolio of cruise and commercial ports in nine countries.