Wednesday, December 4, 2024
Emily Fisher Vice President of Programs and Planning | Florida Ports Council

Port of Pensacola maintains steady cargo activity amid market challenges

The Port of Pensacola has shown resilience in a fluctuating shipping market, maintaining solid cargo activity throughout the fiscal year despite global supply chain challenges. The port's consistent cargo handling volumes have been bolstered by strong partnerships and a diverse cargo portfolio.

Total cargo tonnage for the year stood at 374,834 tons, which is slightly lower than the previous year's 435,050 tons. However, this figure marks a 78% increase from five years ago and is 34% above the port's 10-year average of 279,133 tons.

The port recorded 43 deep-draft vessel calls, down from 50 the previous year due to vessel availability and decisions on end-user cargo storage locations.

Key segments of incoming cargo included GE Vernova wind energy components and construction materials like cement and aggregate from Cemex and Martin Marietta. Additionally, there were pelletized agricultural materials and over 1,200 containers (TEUs). Outgoing shipments comprised heavy construction equipment and vehicles along with miscellaneous goods.

"The Port of Pensacola is a vital link in Florida’s materials and manufacturing supply chain," said Port Director Clark Merritt. "This success fuels our growth as we embrace innovative marine technology projects."

The port has secured $11.4 million in state and federal funding with help from city grant staff to invest in infrastructure modernization and sustainability. This funding will address damage from Hurricane Sally while updating roads, rail lines, stormwater systems, and water distribution networks to enhance efficiency.

Construction began on the American Magic high-performance sailing complex in 2024 with completion expected by fall 2025. This project aims to impact both the port area and Pensacola’s waterfront positively by housing over 150 sailors, technicians, and fabricators. The University of West Florida's Triumph grant for their WAVE program further supports this initiative.

Mayor D.C. Reeves stated: "The redevelopment of the port...is attracting cutting-edge companies like American Magic...ensuring Pensacola competes on a global scale."

Trade

See All