• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Features
  • Industry Talk
  • Trends & Tech
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Macau’s new ferry terminal launches June 1

May 19, 2017 Newsdesk Latest News, Macau, Top of the deck  


Macau’s new ferry terminal launches June 1

Macau’s new Pac On ferry terminal – now officially named the Taipa Maritime Terminal – opens to passengers on June 1, according to Susana Wong Soi Man, the head of the city’s Marine and Water Bureau.

Some passenger facilities, namely restaurants, souvenir shops and travel agency outlets, will not be ready for another one or two months, said Ms Wong in comments at Thursday’s inauguration ceremony.

Ms Wong additionally said she expects the number of passengers using the Taipa ferry terminal to increase “gradually”.

“The temporary terminal has an average number of passengers that represents about 35 percent of the total. With the new infrastructure, we hope that to increase to more than 40 percent [of the total],” she said.

The bureau said in a statement earlier this month – following an emailed enquiry from GGRAsia – that upon opening, the number of ferry operators, sailings and routes available at the new facility would be the same as that provided by the old and temporary Taipa ferry terminal.

At launch, the new ferry port has eight operational berths for commercial ferry services, according to the bureau. Another eight berths for use by commercial ferry services would come into operation in later stages.

“We believe that the new Taipa Ferry Terminal should reduce the capacity constraints and alleviate the traffic congestion at the existing temporary terminal in Cotai and spur a paradigm shift in tourist arrivals by sea travel in the coming quarters,” said a note on Thursday from Daiwa Securities Group Inc.

“We believe that the opening of the Taipa Ferry Terminal will begin the progressive and organic shift of GGR [gross gaming revenue] contribution to Cotai as incremental capacities of the new terminal (i.e., helipads and additional berths) is brought online post-opening,” stated analysts Jamie Soo, Adrian Chan and Jennifer Wu.

The Pac On ferry terminal project has been marred by reported delays and controversy, mainly as the result of changes in the design of the terminal, including its enlargement. The terminal was originally scheduled to be up and running by 2009.

The final budget stood at MOP3.8 billion (US$474 million). In 2005, when construction of the scheme started, the estimated budget was MOP583 million. But Raimundo do Rosário, the Secretary for Transport and Public Works, noted at Thursday’s event that the scope of the project had doubled in size since it was first conceived.

The temporary Taipa ferry terminal, which first came into use in 2007, will be demolished following the operation of the new Pac On ferry terminal. This provisional infrastructure will be replaced by supporting facilities for the new ferry terminal, according to the government.


  • tweet
Related articles
  • Macau-Zhuhai ferry services restart: Macau govt
    Macau-Zhuhai ferry services restart:...

    Aug 20, 2020  

  • Just 50k visits to Macau in 9 days as casinos reopen: police
    Just 50k visits to Macau in 9 days as...

    Mar 06, 2020  

More news
  • CNY 2021 unlikely to boost Macau casinos, say observers
    CNY 2021 unlikely to boost Macau...

    Jan 15, 2021  

  • Mass market play record 65pct Macau GGR in 4Q: govt
    Mass market play record 65pct Macau GGR...

    Jan 15, 2021  


Latest News

CNY 2021 unlikely to boost Macau casinos, say observers

CNY 2021 unlikely to boost Macau casinos, say observers

Jan 15, 2021  

Recent advisory notices issued by a number of local authorities in mainland China, calling on residents not to travel during the February Chinese New Year (CNY) break, further clouds the prospects...
Read More
Mass market play record 65pct Macau GGR in 4Q: govt

Mass market play record 65pct Macau GGR in 4Q: govt

Jan 15, 2021  

Malaysia Covid outlook negative to Genting Bhd: Moody’s

Malaysia Covid outlook negative to Genting Bhd: Moody’s

Jan 15, 2021  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Partners

Pick of the Day

“We expect Las Vegas Sands to not have any material change in strategy. The focus remains developing Macau and Singapore”

Vitaly Umansky, Kelsey Zhu and Tianjiao Yu

Analysts at brokerage Sanford C. Bernstein



Most Popular

  • Sheldon Adelson, self-declared casino industry iconoclastSheldon Adelson, self-declared casino industry iconoclast January 13, 2021
  • Casino entrepreneur Sheldon Adelson dies aged 87Casino entrepreneur Sheldon Adelson dies aged 87 January 12, 2021
  • Guangdong govt advises public to stay in province for CNYGuangdong govt advises public to stay in province for CNY January 11, 2021
  • Quality fake chips sold online found at Macau casinoQuality fake chips sold online found at Macau casino January 13, 2021
  • Revamped Nüwa hotel reopens Feb 8, says City of DreamsRevamped Nüwa hotel reopens Feb 8, says City of Dreams January 12, 2021
Copyright 2014-2020 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us