Cruise Terminals International

What Cruise Terminals International does

Cruise Terminals International (CTI) is a privately held cruise port infrastructure developer, owner, and operator headquartered in London and formed in 2023. The company is 90% owned by funds advised by iCON Infrastructure LLP, an independent infrastructure investment firm, and 10% owned by Royal Caribbean Group, one of the world's largest cruise operators with a 68-ship fleet across five brands. CTI was created to consolidate and develop cruise terminal assets across multiple jurisdictions under a single platform, currently managing five destinations: Miami (Terminal A at PortMiami, the flagship operational asset), Ravenna and Fiumicino in Italy, Barcelona in Spain, and Crown Bay in St. Thomas, USVI. Its customers are major cruise lines (Royal Caribbean as the anchor), government and port authority counterparties to public-private partnerships, and at Fiumicino, yacht operators seeking premium berthing.

CTI's core product is the turnkey development, financing, construction, and operation of cruise terminals under long-term concession agreements. Its proprietary technical features include shore power systems that cut docked ship emissions by up to 98% (completed at Miami Terminal A in August 2024), LEED-certified terminal design (Ravenna pursuing LEED Gold as Italy's first LEED-certified cruise terminal; Barcelona pursuing LEED Platinum), and nearly Zero Energy Building standards at Fiumicino, where €20 million is invested in dock electrification. The flagship MCTA Terminal A at PortMiami features a 1,460-foot pier capable of handling Royal Caribbean's Icon-class ships and served over 2.1 million guests in 2024 with a 97/100 guest satisfaction score.

CTI operates as a B2B infrastructure developer and operator under long-term concession agreements with port authorities and cruise line partners, working on both Royal Caribbean-exclusive and multi-line terminals. Revenue is generated through terminal operations, passenger fees, and berth charges, though pricing and contract terms are not publicly disclosed. The company manages approximately $1.3 billion in current project investments and is actively working on a pipeline exceeding $2 billion in capital expenditure. The platform is supported by ~400 personnel globally, including 50+ subject matter experts in infrastructure design, development, construction, project finance, and terminal operations. CTI is led by CEO Greg Lanter (appointed January 2026), Executive Chair Nicholas Pollard, and a senior team with backgrounds at Club Med, Balfour Beatty, Carnival Corporation, The Carlyle Group, Cruise Saudi, and Miami International Airport.

Name

Cruise Terminals International

Legal name

Cruise Terminals International LLC

Website

https://cruisetermint.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Cruise Terminals International is a privately held cruise port infrastructure developer, owner, and operator (90% iCON Infrastructure, 10% Royal Caribbean Group) managing five terminal destinations in the US, Italy, Spain, and USVI under long-term public-private partnership concessions with cruise lines and port authorities.

Ownership category

akta.pro rank

Product category

Cruise Port Infrastructure

NAICS

Port and Harbor Operations (488310), Support Activities for Water Transportation (4883), Marine Cargo Handling (48832)

SIC

Water Transportation (4400)

akta.pro primary industry

Cruise Terminal Operations & Management (TLAHAEAA)

akta.pro secondary industries

Cruise Line Turnaround Coordination & Port Call Passenger Services (TLAHAEAL), Cruise Terminal & Passenger Services (Check-in, Baggage, Meet & Greet) (THAEAFAF), Passenger Terminal Facilities Management (Cleaning, Maintenance, Utilities) (TLAHAEAK), Ground Transportation Interface & Intermodal Connectivity (Taxi/Bus/Rail, Parking) (TLAHAEAH)

Keywords

• Cruise port infrastructure
• Terminal development operations
• Port concession management
• Maritime destination development
• Public-private port partnerships

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Terminal Concession and Operations: CTI develops, owns, and operates cruise terminals under long-term concession agreements with port authorities. Revenue is generated through terminal operations, passenger fees, and berth charges. Royal Caribbean Group serves as the primary anchor customer.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Cruise Terminals International (CTI) is an independent developer, owner and operator of cruise terminals worldwide. Under long-term concession agreements with port authorities, CTI finances, designs, constructs and operates cruise port infrastructure — including the flagship Terminal A at PortMiami and development projects in Ravenna, Barcelona, Fiumicino and St. Thomas — generating revenue through terminal operations, passenger fees and berth charges for cruise line customers (primarily Royal Caribbean Group) and the traveling public.

Product overview

Cruise Terminals International (CTI) is an independent developer, owner, and operator of cruise terminals worldwide, formed in 2023 and 90% owned by funds advised by iCON Infrastructure LLP and 10% owned by Royal Caribbean Group. CTI operates MCTA Terminal A at PortMiami as its flagship core product, while developing a portfolio of four major cruise terminal projects: Ravenna Civitas Cruise Port in Italy (targeting LEED Gold certification, opening April 2026), Catalonia Cruise Terminal G in Barcelona (targeting operations April 2027 with approximately 800,000 annual passengers), the Rome Fiumicino Waterfront Project (€600 million mixed-use development with cruise and yachting facilities), and Crown Bay redevelopment in St. Thomas, USVI (23-acre project with groundbreaking in 2026). The company manages terminal projects with an investment value totalling almost $1.3 billion and is actively working on a pipeline representing over $2 billion of capital expenditure.

Differentiator

Problem solved

Functional benefit

Products and services

• Terminal A at PortMiami Operational cruise terminal at PortMiami serving as CTI's flagship asset and benchmark for the cruise industry, handling over 2.1 million guests in 2024 with Icon-class capable berths and integrated shore power systems.
• Ravenna Civitas Cruise Port Cruise terminal under development in Ravenna, Italy, representing a €60 million investment and the first public-private partnership in Italian cruise infrastructure, pursuing LEED Gold certification.
• Catalonia Cruise Terminal G (Barcelona) Next-generation cruise facility under construction on Adossat Pier in Barcelona, covering approximately 14,000 square meters within a 68,000-square-meter site, expected to handle approximately 800,000 passengers annually.
• Rome Fiumicino Waterfront Project €600 million mixed-use development transforming a stretch of Italian coast into a sustainable maritime destination with cruise terminal facilities, a yacht marina with more than 1,200 berths, and public spaces, expected to generate €400 million annual economic impact.
• Crown Bay Redevelopment (St. Thomas) 23-acre comprehensive redevelopment of Crown Bay in St. Thomas, USVI in partnership with the Virgin Islands Port Authority and Royal Caribbean Group, adding a new Icon-class third berth and modernizing the retail village.

Quantifiable outcome

• 2.1 million+ guests served at Miami Terminal A in 2024 alone
• +4 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and major.

• Virgin Islands Port Authority (VIPA)coreStrategic or Co-development Partner · 17 December 2025VIPA partnered with CTI and Royal Caribbean Group for the Crown Bay District redevelopment in St. Thomas, USVI. The public-private partnership will expand port capacity with a new cruise ship berth, additional venues, and new attractions while preserving public ownership of the facility. Royal Caribbean passengers contribute $5 per passenger to fund relocation and redevelopment costs.
• Port of Barcelona / CataloniamajorStrategic or Co-development PartnerCTI is developing Terminal G at Barcelona's Adossat Pier in partnership with Catalan authorities. Construction started April 2025, targeting April 2027 operations. The terminal will serve approximately 800,000 passengers annually.
• Ravenna Port AuthoritymajorStrategic or Co-development PartnerRavenna Port Authority contributed nearly €8 million to the €60 million Ravenna Civitas Cruise Port project - the first public-private partnership in Italian cruise infrastructure. The terminal pursues LEED Gold certification and features shore power capabilities.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Global Ports Holding: The world's largest independent cruise port operator, holding long-term concessions to operate cruise terminals worldwide under a similar PPP/concession model to CTI. Directly comparable in business model (concession-based terminal operator/developer) and customer base (cruise lines and port authorities).
• Intercruises Shoreside & Port Services: Provides port services and turnaround coordination for cruise lines across global destinations, including port agency, ground handling, and passenger services. Comparable to CTI's terminal operations scope and cruise-line customer base; Olga Piqueras (CTI Barcelona GM) was previously MD of Port Operations at Intercruises.

Broad incumbents

• Royal Caribbean Group: Vacation industry leader with a 68-ship global fleet and 10% equity owner/anchor customer of CTI. Operates its own destination infrastructure (e.g., Perfect Day at CocoCay) and competes with CTI for control of terminal assets in markets where RCG has home-port interests.
• Carnival Corporation: World's largest cruise operator with multiple brands. Operates proprietary port facilities and homeports, with deep relationships across cruise terminal infrastructure globally. David Candib (CTI SVP Commercial & Ops) previously led port operations for Carnival Cruise Line.
• MSC Cruises: Major cruise operator with private terminal investments (e.g., PortMiami Terminals AA/AAA). Competes with CTI for high-volume homeport partnerships and represents a potential cruise-line customer for CTI terminals beyond Royal Caribbean.
• Norwegian Cruise Line Holdings: Cruise operator with private destination strategy (Harvest Caye, Great Stirrup Cay) and homeport partnerships. Adjacent terminal infrastructure operator and a potential counterparty for CTI concessions at scale.

Emerging players

• Cruise Saudi: State-backed developer of cruise infrastructure across Saudi Arabia, building new cruise terminals and destinations as part of a national tourism strategy. Miguel Reyna (CTI CDO) was previously Chief of Asset Design and Development at Cruise Saudi, illustrating direct talent crossover.

Regional players

• Port of Barcelona (Autoritat Portuària de Barcelona): Public port authority that is CTI's joint partner in developing Catalonia Cruise Terminal G. Operates competing cruise berths in Barcelona and is both a counterparty and adjacent cruise infrastructure operator in CTI's home market.
• Venice Passenger Terminal (VTP): Operates cruise terminals at the Port of Venice, providing passenger and baggage handling services. Comparable regional concession-based cruise terminal operator in the Italian Adriatic market where CTI also operates (Ravenna).
• Copenhagen Malmö Port (CMP): Operates cruise terminals across Northern European ports (Copenhagen, Malmö and others) under a multi-port concession model. Comparable regional cruise terminal operator with multi-jurisdiction PPP-style operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/cruise-terminals-international-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cruise Terminals International