Tag Archives: Carnival

Carnival Gets Miami Guv Subsidies for Huge Ship

You scratch my back, I’ll scratch your back.  You want our gigantic ship, you have to give us some government subsidies.  And so it goes.  Carnival plans to bring the largest ship in its history to Miami, docking the nearly 4,000-passenger Carnival Vista at PortMiami as part of an extended deal for subsidies from Miami-Dade County. The extended lease with Miami-Dade’s PortMiami would extend Carnival Corp.’s tenure there through 2028, with an option for Carnival to stay through 2035. Carnival pays rent, but it also receives subsidies in the form of revenue from nearby port garages and cash paid as “marketing” incentives to promote their Miami cruises. Miami-Dade also agreed to spend up to $10 million upgrading Carnival’s port terminals.  That’s what you call a corporate handout.

Read Douglas Hanks and Hannah Sampson’s Miami Herald article here:

http://hrld.us/1zfaI8i

Brought to you by Miami International Business Attorney

Carnival Eying Up China

Planning a cruise out of China? Miami’s Carnival Cruise Line can help you. Furthering its push into China, Carnival Corp. earlier this week announced plans to pursue joint ventures that could see the cruise giant owning ships and developing ports and infrastructure with a Chinese development company. Doral-based Carnival, which expects to carry 500,000 cruise passengers in China this year, was scheduled to formally sign a memorandum of understanding in Shenzhen with China Merchants Group. Seems like those Communists sure like spending money!

 

Read Hannah Sampson’s Miami Herald article here:

http://hrld.us/1EPMq5j

Brought to you by Miami International Business Attorney