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

Florida seaports show economic impact; set cruise records

Most residents of Florida may not be fully aware of the crucial role played by the state's seaports in maintaining the flow of goods and supplies. This awareness often becomes apparent during natural disasters, such as the 2024 hurricane season, when fuel supply was vital for recovery efforts.

Florida's 16 seaports are essential for ensuring that grocery stores remain stocked, gas stations have fuel, and hospitals and pharmacies are equipped with necessary medical supplies. A recent Economic Impact Analysis by the Florida Department of Transportation highlights the significant economic contribution of these ports.

According to the analysis, maritime activities at Florida's seaports generate a substantial return on investment (ROI) for the state. In 2023, Florida invested $140 million in priority seaport projects, resulting in a $53 ROI for every dollar spent in state and local taxes.

The data underscores the importance of continued investment to maintain efficient port operations with modern equipment and secure trading lanes. In addition to being leaders in commodity trade, Florida's ports also hold a prominent position in the cruise industry. Port Everglades and PortMiami are setting new records for cruise passenger numbers.

Port Everglades reported a preliminary count of 4,010,919 passengers during fiscal year 2024. The port expects this record to be surpassed with an anticipated 4.4 million guests in fiscal year 2025. PortMiami reached its highest-ever cruise passenger total of 8,233,056 travelers in fiscal year 2024, marking a 12.79 percent increase from its previous record.

The cruise business is thriving in Florida. Port Canaveral recently welcomed Disney Cruise Line's Disney Treasure to its fleet of homeport vessels. Additionally, Port Everglades welcomed back Crystal Serenity for winter homeporting.

Leadership is a key factor behind the success of Florida's seaports. Notable port directors have been recognized by Florida Trend among their Florida 500 Most Influential Business Leaders list: Paul Anderson (Port Tampa Bay), Eric Green (JAXPORT), Capt. John W. Murray (Port Canaveral), and Hydi Webb (PortMiami).

Upcoming events include participation in the Florida Chamber of Commerce’s Transportation, Growth & Infrastructure Solution Summit on December 3rd in Orlando. Joseph Morris (Port Everglades CEO & Port Director), Nick Primrose (JAXPORT Chief Regulatory Compliance Officer), and other leaders will discuss global trade expansion at this summit.

As Thanksgiving approaches, there is gratitude expressed for the achievements of Florida's ports and their leadership teams who ensure a strong supply chain within the state.

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