Independent journal on economy and transport policy
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The Carnival group will acquire railway and harbour activities in Alaska
Agreement in order to buy the White Pass & Yukon Route of Canadian TWC Enterprises
June 7, 2018
The crocieristico group American Carnival Corporation has signed an agreement in order to buy the White Pass & Yukon Route, society of the Canadian TWC Enterprises that work railway, harbour and commercial activities in Alaska. The transaction, than is previewed will be completed within the end of the next month, will have a value of 290 million dollars.
White Pass manages the tourist railway line of 110 kilometers that give Skagway, in Alaska, crosses the British Columbia to go to Carcross, in the Yukon. The line is constructed by the White Pass during the race to the gold of the Klondike of 1898. Moreover the society manages four docks in the harbour area of Skagway that are dedicated to the crocieristica activity.
Carnival has tightened the agreement through the branch Holland America Princess Alaska Tours that also a memorandum of understanding with the Survey Point Holdings has signed, society with center to Ketchikan, in Alaska, and with its associates Cruise Line Agencies of Alaska, Amak Towing, Southeast Stevedoring and Rail Services Management in order to create joint venture and to assign to the Survey Point the management of yielded the harbour and railway activities from the TWC Enterprises. The new society will be controlled by Survey Point, Rail Management Services and P3 (SSA Marine of the Carrix group), while Carnival will have a minority quota.
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The crocieristico group American Carnival Corporation has signed an agreement in order to buy the White Pass & Yukon Route, society of the Canadian TWC Enterprises that work railway, harbour and commercial activities in Alaska. The transaction, than is previewed will be completed within the end of the next month, will have a value of 290 million dollars.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
