On Tuesday, the Port of Seattle signed a 10-year agreement with Carnival Corporation, assuring the city of economic gains and the accelerated adoption of sustainable measures. It includes $186 million in revenue, greater utilization of shore power, and a sourcing program that prioritizes local suppliers.
The decade-long pact begins this year and extends to 2033. However, it can also be lengthened for five more years, potentially lasting until 2038.
Carnival Corporation’s Princess Cruises, Carnival Cruise Line, Cunard, and Holland America Line are included in the newly inked agreement as the parent company of several cruising brands. According to the agreement, Carnival will help the local port achieve its zero-emission goal while boosting the cruise industry’s benefits to the community.
Carnival agreed to enlist the cooperation of other cruise lines, asking them to use land-based electricity while docked in Seattle. Though the port’s deadline for 100% shore power is scheduled for 2027, Carnival was fully shore power-compliant during its 102 vessel calls in 2023.
The cruise operator also promised to contribute $186 million in revenue, which could grow to $273 million if the 10-year treaty is extended to 15 years. Additionally, it committed to ushering in at least 550,000 revenue passengers each year.
Similarly, its other provisions benefit the environment and Seattle:
Advancing the adoption of biofuel. With Carnival, the Port of Seattle will conduct a demonstration and study to facilitate the industry’s transition to alternative fuels.
Supporting local and marginalized suppliers. Carnival will implement a pilot program to support local suppliers, including small, disadvantaged, and tribal vendors.
Championing Seattle tourism. Carnival will encourage passengers to vacation in Seattle before and after their cruises.
Strengthening the pipeline of maritime employees. Carnival will leverage its network to develop a strong pipeline of workers qualified to work in the maritime industry. It will support local curriculum development, internships, and field-based learning.
Port of Seattle Executive Director Steve Metruck commended the agreement: “This long-term agreement provides economic certainty for the Port and local businesses who depend upon cruise, while also strengthening our partnership.”
Carnival Corporation CEO Josh Weinstein referenced the company’s decades-long relationship with the Port of Seattle.
“For the past 20 years, we have worked closely with the Port of Seattle to pioneer shore power and secure the cruise industry’s role as a vital economic engine for the region,” he shared. Â
“We are proud to continue our tradition of teamwork with this new agreement that will help further our economic, social, and environmental contributions to the region,” Weinstein concluded.
Last year, the 570-acre port hosted a record-breaking number of cruise ship passengers. The 2023 cruising season was estimated to have generated almost $900 million.Â