Global Ports Holding has secured its first major acquisition since its London IPO.

It has secured a 15-year management agreement to run the cruise port in Havana, Cuba.

Emre Sayin, chief executive of Global Ports, tells TradeWinds the deal is a milestone for the company as its first foothold in the Caribbean.

He explains Cuba has seen cruse passenger numbers rise from 200,000 in 2016 to 328,000 in 2017.