Travel Florida port preparing for new Disney ships

Tom Morrow · 04-24-2008, 01:00 PM

Florida port rushes to prepare for new Disney ships

Canaveral rushes to prepare Disney's port

Orlando Sentinal
Unable to find financing in a chaotic bond market, Port Canaveral will take the unusual step of borrowing directly from a bank to pay for $32 million worth of construction upgrades needed to accommodate Disney Cruise Line.

Commissioners for the Brevard County seaport agreed Wednesday to solicit bids from banks that will give the port a 15-year loan to finance widespread construction that includes extending a pier, adding terminal space and building a parking garage.

Staffers said they were unable to find affordable rates through usual channels in the bond market, which is still roiling from the collapse of the subprime-mortgage business.

Waiting for the bond market to settle is not an option, port executives said. Canaveral's new, 15-year contract with Disney requires that all construction be completed by Oct. 1, 2010 — only a few months before the first of Disney's two new mega-ships is expected to arrive at the port. A construction timetable presented Wednesday showed that port officials don't expect to finish expanding Disney Cruise Line's terminal until September 2010.
by Jason Garcia

complete article

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Fantasmic!kid · 04-26-2008, 08:16 PM

Ah yes, these 2 ships are supposed to be twice the size of the Magic & Wonder!!!

Whoo, talk about pushin' it...

~

PeoplemoverMatt · 04-26-2008, 08:23 PM

The physics of cruise ships amazes me. To think something that large can actually float...

titanic85937 · 04-29-2008, 07:13 PM

Any word on design, name, maybe a promo website?

04-26-2008, 08:16 PM	#2 (permalink)
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04-26-2008, 08:23 PM	#3 (permalink)
PeoplemoverMatt Will Work for Peoplemover Asteroids Champion! Hexxagon Champion! Breakout Champion! Alphabet Soup Champion! Asteroid Avalanche Champion! ABC wordgame Champion! 1-i Champion! 501 Darts Champion! Join Date: Sep 2004 Location: Valencia, CA Posts: 4,351 Images: 17 My Mood:	The physics of cruise ships amazes me. To think something that large can actually float... __________________ "I don't believe in taking foolish chances, but nothing can be accomplished without taking any chance at all." -- Charles Augustus Lindberg "Our greatest natural resource is the minds of our children." -- Walter Elias Disney "So are we to continue in sin that grace might increase? May it never be! How shall we who died to sin still live in it? Or do you not know that all of us who have been baptized into Christ Jesus have been baptized into His death? Therefore we have been buried with Him...so we too might walk in the newness of life." -- Romans 6:1-4

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titanic85937 Join Date: Mar 2006 Posts: 18 My Mood:	Any word on design, name, maybe a promo website?

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