GALVESTON The Port of Galveston s governing board Monday approved a five-year agreement with Royal Caribbean Cruises that would generate a minimum of $1.86 million in annual operating revenues for the public docks.

The deal is predicated on the port making about $10 million in improvements to Cruise Terminal No. 2. While the agreement guarantees revenues for the port, it doesn t guarantee the ship calls that benefit the larger island economy.

Still, Royal Caribbean said the agreement would mean more island sailings this year and next and also promises to bring a larger vessel to Galveston if the port made improvements to Cruise Terminal No. 2 to accommodate more passengers.

Click here to read more at the Galveston County Daily News.

Read or Share this story: