Richard Branson, founder of the Virgin Group, has announced that Virgin Cruises has selected PortMiami as the home port for its first cruise ship that will set sail in 2020. He also revealed Virgin Cruises has signed a binding Letter of Intent (LOI) with Italian shipbuilding company Fincantieri for three new mid-size ships.

Emerging through a cloud of iconic Virgin red smoke, Richard flew across Miami's Biscayne Bay via helicopter landing at Museum Park. Joined by Virgin Cruises' President and CEO Tom McAlpin, the two raised a Virgin Cruises flag to mark the cruise line's official arrival in Miami. "This is a very exciting day for Virgin and travelers around the globe," said Branson.

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Source: http://maritime-executive.com/