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Carnival Corp. and Norwegian Cruise Line signed letters of intent with New York City, guaranteeing the city at least $200 million in port charges that will go toward upgrading the renamed New York Cruise Terminal. In addition to the combined $200 million tab, the two cruise companies agreed to bring at l


Carnival Corp. and Norwegian Cruise Line signed letters of intent with New York City, guaranteeing the city at least $200 million in port charges that will go toward upgrading the renamed New York Cruise Terminal. In addition to the combined $200 million tab, the two cruise companies agreed to bring at least 13 million passengers to New York through 2017. In return, the city gave each line preferential berths on specific piers and fee reductions. A master plan calls for the construction of four berths over the next four years.
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