Port Everglades and Royal Caribbean Group Extend Agreement
Fort Lauderdale, Fla. – For 25 years Royal Caribbean Group (NYSE: RCL) has been homeporting cruise ships at Port Everglades and is on course to continue its partnership following approval of an extension to the company’s Passenger Terminal and Berth User Agreement by the Broward County Board of Commissioners.
The approval extends the user agreement through Sept. 30, 2030, and provides the cruise line with a second option term for an additional five years. Port Everglades and Royal Caribbean Group are also exploring facility upgrades for Cruise Terminal 29 to accommodate newer ships across the company’s fleet.
“I thank the County Commissioners for helping us move forward on our commitment to attract and retain customers like Royal Caribbean Group that provide a substantial lift to our local economy,” said Joseph Morris, CEO and Port Director of Port Everglades.
According to an analysis by national maritime economic consultancy Martin Associates, this agreement will boost the local economy to the tune of $581.9 million in business revenue annually through increased cruise activity from 2027 to 2030. The port will welcome at least 1.3 million guests annually and 355 vessel calls each year. It would support 4,095 jobs in the region annually, including 1,829 direct local jobs, 1,221 indirect jobs and 1,046 induced jobs.
Royal Caribbean Group is the owner of three cruise lines: Royal Caribbean International, Celebrity Cruises and Silversea – all of which operate at the port.
About Port Everglades
Port Everglades offers everything under the sun from Caribbean cruises to world voyages to fast ferry getaways — all from the vacation paradise of Greater Fort Lauderdale. Port Everglades’ enviable location in the heart of South Florida and the neighboring Caribbean, makes it one of the three busiest cruise ports in the world with nearly 4 million passengers anticipated this cruise season. Guests enjoy the port’s proximity to three international airports including rapidly growing Fort Lauderdale-Hollywood International Airport (FLL) less than two miles away. For pre- and post-cruise stays, Port Everglades is a short drive to sweeping beachfronts, a vibrant art scene, world-class restaurants, craft breweries, entertainment, shopping, casinos, and family-friendly activities — including the area’s namesake, the Florida Everglades. View details on the latest cruise offerings at PortEverglades.net or contact us by emailing PortEverglades@broward.org.