MSC CRUISES ANNOUNCES NEW CRUISE TERMINAL AT PORTMIAMI AS A SIGN OF ITS COMMITMENT TO NORTH AMERICAN MARKET

Geneva, Switzerland and Fort Lauderdale, Florida, July 11, 2018 – MSC Cruises and Miami-Dade county announced the signing of an agreement for extended preferential berthing rights as well as of a Memorandum of Understanding (MOU) for the construction of a new Cruise Terminal AAA at PortMiami.

Pierfrancesco Vago, Executive Chairman of MSC Cruises, commented: “The new agreement and expanded partnership with PortMiami and Miami-Dade County is another key step forward in the business growth of MSC Cruises, as we continue to strengthen our global footprint, with a strategic focus on North America."

PortMiami is the Company’s exclusive home-port in the U.S. The new agreement extends MSC Cruises’ existing Saturday preferential berthing rights also to Sundays. Additionally, the new terminal — which is projected to be completed by October 2022 — will be able to accommodate MSC Cruises’ next-generation, still under construction MSC World Class cruise ships carrying up to 7,000 guests.

Currently the revolutionary MSC Seaside, which debuted only a few months ago in late 2017, sails year around from Miami to the Caribbean from the recently completed Terminal F. MSC Divina also sails seasonally to the Caribbean from October through March, and MSC Armonia will join MSC Cruises’ North American-based fleet beginning year-round cruises to Havana, Cuba in December 2018. In addition, as of November 2019, MSC Meraviglia, the Company’s largest ship at 171,598 GRT with the capacity to carry 5,714 cruise guests, will join the other three ships at PortMiami.

“Investing in PortMiami's infrastructure positions Miami-Dade County as a global destination for visitors," said Miami-Dade County Mayor Carlos A. Gimenez. "The construction of a new cruise terminal AAA with the capacity to berth an additional 7,000-passenger cruise ship represents thousands of jobs and increased opportunities for our community. We are grateful for MSC Cruises continued partnership.”

"We are proud and extremely honored by MSC's commitment to PortMiami and Miami-Dade County,” said Chairwoman of the Miami-Dade County Economic Development and Tourism Committee Rebeca Sosa. “MSC’s continued partnership is a big win for the growth and expansion of tourism in Miami-Dade County.”

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MSC Cruises is the world’s largest privately-owned cruise company and the number one cruise line in Europe and South America. A game-changer in the world of cruises, the Company has achieved 800% growth in its first ten years, building a global reputation in the industry and one of the youngest cruise fleets at sea. MSC Cruises is headquartered in Geneva, Switzerland.

The MSC Cruises fleet currently comprises 15 ultra-modern, highly innovative and elegantly designed ships, offering an unparalleled holiday experience with always delicious and authentic food, award-winning entertainment, plenty of relaxation, comfortable accommodation, as well as impeccable service and expertise.

Under its ambitious industry-unprecedented €11.6 billion investment plan, the fleet is set to expand to 25 mega-cruise ships by 2026. To date, MSC Cruises has designed six new ship classes, all prototypes that push the boundaries of marine architecture and design.

MSC Cruises feels a deep responsibility towards the physical and human environments in which it operates. The Company operates with the greatest respect for the world’s oceans and is on an ongoing journey to further develop innovative ways of lowering the environmental impact of its cruise passages.

MSC Cruises’ holiday experiences are sold across the globe through a distribution network in 70 countries. The Company employs over 23,500 people worldwide, both ashore and on board its ships. MSC Cruises is part of MSC Group which is comprised of leading transport and logistics companies.

More information at http://www.mscpressarea.com

PortMiami is among America's fastest growing ports and recognized as the Cruise Capital of the World and a Global Gateway. PortMiami contributes more than $41.4 billion annually to Miami-Dade County and generates 324,352 direct, indirect, and induced jobs. For more information please visit www.PortMiami.biz.