Q3 2020 Global Ports Holding PLC Trading Statement Call Transcript
Good afternoon, everybody, and welcome to Global Ports Holding's 9 Months and Q3 Results Presentation. On the line with me, I have Mehmet Kutman, Co-Founder and Chairman; Emre Sayin, Chief Executive Officer; and Jan Fomferra, CFO.
I will now hand you over to Mehmet Kutman.
Thank you, Martin, and thanks, everybody, for joining us on today's call. Good afternoon or good morning, wherever you are.
As you all know, when we last spoke back in August, I discussed that the outlook for the cruise industry for the second half of the year was uncertain and that we remain in crisis management mode given our cautious over the spread of the recovery in the cruise industry. I also mentioned that major cruise lines had recently reported strong bookings trends for 2021, which was, at that time, encouraging when we consider the long-term outlook for the cruise industry and GPH. Since then, a number of factors have arisen
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