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Port Everglades and Royal Caribbean Group Extend Agreement

By John Shallo

October 12, 2024

For 25 years, Royal Caribbean Group (NYSE: RCL) has homeported cruise ships at Port Everglades. The company is on course to continue its partnership following the approval of an extension to its Passenger Terminal and Berth User Agreement by the Broward County Board of Commissioners.

Port Everglades Agreement Renewed

The approval extends the user agreement through Sept. 30, 2030, and gives the cruise line 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 substantially lift 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 $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 regional jobs annually, including 1,829 direct local jobs, 1,221 indirect jobs, and 1,046 induced jobs.

Royal Caribbean Group owns three cruise lines: Royal Caribbean International, Celebrity Cruises, and Silversea, all of which operate at the port. 

Get To Know 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. Its 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 the 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 the sweeping beachfront, 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