Royal Caribbean asks for more time to complete new terminal – Galveston County Daily News

Royal Caribbean asks for more time to complete new terminal – Galveston County Daily News

GALVESTON

Even before work has begun, Royal Caribbean Cruises is asking for more time to complete construction of its new cruise terminal at the Port of Galveston.

The Galveston Wharves Board of Trustees on Tuesday will meet to consider giving the cruise company two more months to finish construction of the new $100 million cruise terminal.

If approved, the contract amendment would extend the terminal’s completion deadline to Sept. 30, 2023. The current contract between the company and the port proposes a July 31, 2023, completion date.

The company is asking for an extension in its construction timeline because of the “continued impact” of the COVID-19 pandemic on the cruise industry and because of “related difficulties in obtaining project financing,” according to an amendment posted with the wharves board’s agenda.

The change also would delay the start date for when Royal Caribbean would begin paying rent to
Source…