Global Ports Holding, the Istanbul based port operator that is listed in London, said it gad signed a memorandum of understanding (MOU) to operate ports in Antigua and Barbuda in the Caribbean.

Emre Sayin, Chief Executive Officer said in a statement “There has been progress in our inorganic growth strategy for the Cruise segment, with concessions for Havana and Zadar signed so far this year, and an MoU recently signed in relation to port operations in Antigua and Barbuda.”

The concession in Havana was the first one for the company in the Caribbean. The company is the world's largest cruise port operator with an established presence in the Mediterranean, Caribbean, Atlantic and Asia-Pacific regions. It was established in 2004 as an international port operator with a diversified portfolio of cruise and commercial ports.