World's Largest Cruise Terminal, Home of Royal Caribbean's (NYSE: RCL) Oasis of the Seas Opens

Windsor, Alberta 11/09/2009 06:30 PM GMT (TransWorldNews)

The largest cruise terminal in the world to serve the two largest and most revolutionary cruise ships in the world officially opened at Port Everglades on Friday, November 6, one week prior to the arrival of Royal Caribbean (NYSE: RCL) International's 5,400-passenger Oasis of the Seas."We finished building Cruise Terminal 18 on time and under budget, which is a demonstration of government at its best," said Port Everglades Director Phil Allen. Port Everglades, located within the cities of Fort Lauderdale, Hollywood, and Dania Beach, Florida, is governed by the Broward County Board of County Commissioners. "There may be bigger terminals that service two ships at the same time, but Terminal 18 was constructed specifically to handle one Oasis-class ship at a time."

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At 240,000 square feet (5.5 acres), Cruise Terminal 18 is more than three times larger than it was just 22 months prior to opening when Royal Caribbean Cruises Ltd. (NYSE: RCL) reached an agreement with Broward County to homeport both of the new Oasis-class of ships at Port Everglades. "We are very appreciative of the efforts of Director Phil Allen and his team at Port Everglades to create a state-of-the-art facility that will provide a seamless experience for our guests," said President and CEO of Royal Caribbean International Adam Goldstein. "Oasis of the Seas and Allure of the Seas will present an unprecedented vacation to guests and Terminal 18 is an integral part of delivering that offering." Oasis of the Seas is the first ship to tout the cruise line's new neighborhood concept of seven distinct themed areas, which includes Central Park, Boardwalk, the Royal Promenade, the Pool and Sports Zone, Vitality at Sea Spa and Fitness Center, Entertainment Place and Youth Zone.

Royal Caribbean International is a global cruise brand with 21 ships currently in service and one under construction. The line also offers unique cruise tour land packages in Alaska, Canada, Dubai, Europe, and Australia and New Zealand. As one of South Florida's leading economic powerhouses, Port Everglades is the gateway for international trade and cruise vacations. Already one of the three busiest cruise ports worldwide, Port Everglades is also one of Florida's leading container ports. And, Port Everglades is South Florida's main seaport for receiving petroleum products including gasoline, jet fuel and alternative fuels.

The Port Everglades Department is a self-supporting Enterprise Fund of Broward County government with operating revenues of approximately $117 million in Fiscal Year 2008 (October 1, 2007 through September 30, 2008). It does not rely on local tax dollars for operations. The total value of economic activity at Port Everglades is nearly $18 billion annually. Approximately 185,000 Florida jobs are impacted by the Port, including almost 11,000 people who work for companies that provide direct services to Port Everglades.

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