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Carnival Corporation & plc, the world's biggest cruise operator and cruise buyer of bunker fuel, has today signed an addendum to one of its most strategic passenger terminal agreements, extending the contract through 2030 with an additional five years of sailings to and from Fort Lauderdale-based Port Everglades, one of the world's top three cruise ports.

The addendum builds on the landmark 15-year agreement reached in 2010 with the Broward County Board of County Commissioners and furthers Carnival Corporation's commitment to Port Everglades, which overall has more than 3.6 million multi-day cruise passengers a year. Overall, the agreement and business generated from Carnival Corporation's brands operating at Port Everglades produces a significant positive economic impact for the port - which also includes bunker sales.

As part of the addendum, Carnival Corporation will have preferential use of Cruise Terminal 4, which reopened last year after $24 million worth of renovations and upgrades designed for greater efficiency and guest convenience.

Additionally, the port is currently undertaking an estimated $13.6 million slip extension project on Terminal 4, expected to be complete by the middle of 2017, that will lengthen the slip to accommodate larger cruise ships.

As part of the long-term agreement, the company also has preferential use of three additional terminals, Cruise Terminals 2, 21 and 26, along with one additional terminal. This provides five terminals in total for Carnival Corporation to serve its guests who visit Fort Lauderdale as part of their cruise vacation.

"Carnival Corporation is a critical Port Everglades partner, and its many unique cruise line brands offer guests sailing into and out of our port with a wide variety of cruise experiences and itineraries," said Steve Cernak, chief executive and port director of Port Everglades. "Carnival Corporation has a strong, long-standing presence in the Broward County community, and the additional five years included in the agreement reinforces that commitment. We look forward to welcoming the newest member of Holland America Line's fleet, ms Koningsdam, to our sunny shores in November."

Furthering its dedication to the port, the company will add a second ship from its Carnival Cruise Line brand, Carnival Splendor, to sail from Port Everglades during the 2017 summer season.

In addition to Carnival Cruise Line, six more of Carnival Corporation's 10 global cruise line brands currently carry nearly a million and a half passengers to and from Port Everglades each year. These brands include Holland America Line, Costa Cruises, Cunard Line, P&O Cruises UK, Princess Cruises and Seabourn. The seven Carnival Corporation brands and 28 different ships account for a combined average of more than 300 calls at the port each year.

"Florida is the largest cruise market in the world, and we are thrilled to extend our agreement with Port Everglades, which is an extremely convenient and popular location for our guests with close proximity to Fort Lauderdale-Hollywood International Airport and the Caribbean, the world's most popular region for cruise vacations," said Giora Israel, senior vice president of global port and destination development for Carnival Corporation.

As part of the original agreement, the port undertook a $54 million cruise terminal renovation project to make significant improvements to four existing cruise terminals to accommodate ships from Carnival Corporation's fleet of global cruise line brands. Enhancements made as part of the project included features to enable simultaneous embarkation and debarkation processes, including two passenger loading bridges, separate and larger baggage halls and improved ground transportation areas. As part of the extension, Carnival Corporation and Port Everglades will engage in discussions to examine the opportunity for possible further improvements to Cruise Terminal 21 to accommodate Carnival Corporation's newest class of ships.

Carnival is currently the world's leading cruise buyer of bunker fuel, purchasing around 800,000 - 810,000 tonnes per quarter and 3.2 million tonnes per year.