Barbados has confirmed plans to build a new cruise ship terminal in Bridgetown, capable of berthing megaships.

The terminal, the Sugar Point Cruise facility, will separate the cruise and cargo berths, and involves reclaiming some 15 acres of land from the ocean.

The two phase project will include a first phase in the $300 million range, including two piers, terminal facilities and parking lots.

The Barbados Port company is in charge, in a joint venture with SMI Infrastructure Solutions and Royal Caribbean Cruises, according to reports from Barbados.