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Announced

Royal Caribbean and iCON Infrastructure to form a joint venture.

Synopsis

Royal Caribbean, a cruise company, and iCON Infrastructure, an independent investment group, agreed to form a joint venture. Financial terms were not disclosed. "We are thrilled to be partnering with Royal Caribbean Group to develop, own and manage a portfolio of cruise terminals in key strategic markets. Through this partnership, we will provide world class cruise terminal infrastructure, offering cruise guests more opportunities to see and experience the world in partnership with the Royal Caribbean Group, a world class operator. In the years to come, we look forward to delivering new high-quality terminals, working closely with key destination communities and with a strong focus on sustainability," Iain Macleod, iCON Managing Partner.

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