Wednesday, November 9, 2011

Portland's cruise ship terminal finally complete, but still in the red

Maine's largest city has finally completed its cruise ship terminal at a cost of nearly $30 million. While political leaders were smiling at the ribbon cutting ceremony, I asked if the facility is paying for itself yet. The answer -- in the new issue of Working Waterfront -- is "not yet."

Its certainly a positive development that, with the "megaberth" completed, proper cruise ships are finally able to use the city-owned terminal. As the article notes, its not clear if it should have been built in the first place.

For more background on Ocean Gateway and the Portland waterfront, start here, and continue here.

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