APS Bank has announced its intention to finance the development and expansion of Roma Cruise Terminal’s facilities at the Port of Civitavecchia, in Rome, Italy.
Roma Cruise Terminal SRL is equally owned by Costa Crociere Spa, Marinvest Srl (MSC) and Royal Caribbean Cruises Ltd, the world's largest cruise companies.
At the end of 2024, Roma Cruise Terminal is expected to have hosted 840 ships and 3.5 million passengers, consolidating its positions, consolidating its position as one of the leading cruise hubs in the world.
As part of its development plans, Roma Cruise Terminal Srl will be building a new cruise terminal, Terminal Donato Bramante, which is expected to be completed in the latter part of 2025.
This development will make it the second new facility in Rome, following the inauguration of the Amerigo Vespucci Terminal in 2018. Both will be powered by renewable energy, complementing the project to supply power to the cruise docks announced by the Port System Authority of the Central Northern Tyrrhenian Sea.
In its announcement, APS Bank shared that its “economic, social and environmental commitment was instrumental” in ensuring its financing proposal was selected, following a bidding process involving leading Italian banks.
Franco Ronzi, CEO and board member of Roma Cruise Terminal Srl and President of Marinvest Srl and APS Bank CEO Marcel Cassar signed the financing agreement at Civitavecchia on 25th November.
Roma Cruise Terminal Srl General Manager John Portelli noted that the signing as well as the plans mark an important milestone for the terminal’s history.
“We are pleased that APS Bank will be our partner as we persevere in our efforts to grow the cruise segment in the port of Civitavecchia to achieve another record year, for the benefit of the local community, the workers, the port, the city of Civitavecchia and the entire Lazio Region,” he continued.
Mr Cassar said that the bank is proud to support the growth of the port through its partnership.
“This project is testament to our shared vision of a sustainable and prosperous future for both the cruise industry and the local community. It further confirms the Bank’s progress in structuring cross-border transactions of this nature and scale, thanks also to the calibre and industry expertise of our staff,” he concluded.
