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Editor in chief: Angelo Scorza
02/07/18 10:30

MSC Crociere ‘bets’ 27 million Euro on Barcelona port

A 30-year concession was asked for the construction of their own terminal: the company targets increasing the number of stopovers, transits and boardings in the Catalan port

We already knew that MSC Crociere intended to launch their own cruise terminal in Barcelona and finally the project has been disclosed.

Last June 12th, Barcelona Port Authority published the formal application submitted by MSC Cruises Barcelona Terminal SL, shipping company 100% participated by Geneva-based group (chaired by Pierfrancesco Vago, MSC Crociere's Executive Chairman), asking for 30-year concession on overall 13,655 square metres area at Adossat quay in order to build their cruise terminal.

As reported on the application's attachments, the group founded by Gianluigi Aponte targets investing 27.1 million Euro for the construction of the new structure, 30% of which will be  directly allocated by MSC, while the left 70% will be financed by Banks granting 7-years mortgage plan with 4% interest rate.

The new cruise terminal's project envisages a 3-storeys building and 390 metres quay, with 12 metres seabed, through which the Italian-Swiss shipping company will extensively increase trade volumes in the port.

According to the exhaustive business plan published by APB, the shipping company aims at growing from 90 to 120 stopovers/year, handling overall 800,000 cruise passengers versus former 500,000.

Furthermore, MSC envisages progressively increasing boardings which should reach 49.6% of the whole passengers in 2021 and 60% in 2031.

After the application submitted by the shipping company on June 12th, other competitors were given 20 days to lodge theirs. Now the Authority will evaluate MSC's request .

Francesco Bottino