By staff writer
Last year was, arguably, the most dynamic and prosperous year that Port Everglades has ever seen, and the port’s status as a catalyst for Broward’s economy is showing no signs of slowing down. Its growth and development is gaining international attention and generating thousands of jobs for the area.
“Today, Port Everglades is directly responsible for 13,185 jobs and produces over $1 billion in state and local taxes annually,” said Port Everglades Chief Executive and Port Director Steven Cernak in conversation with Invest: Greater Fort Lauderdale. “For us, it’s all about economic impact. That’s the benefit we provide to the community: jobs and economic activity.”
The port attracted 3.87 million passengers in fiscal year 2018, according to its annual report, and this number is bound to increase moving forward.
In the 2019 winter season the port will welcome 10 new Holland America cruise ships, the first of which — Nieuw Statendam — debuted at the port in December after sailing from Civitavecchia, Italy. With a capacity of 2,666 cruisers, the ship alone is expected to garner over 102,000 passengers and generate around $1.8 million in revenue.
The influx of Holland America ships to the port comes on the heels of the port’s recent addition of a Celebrity Cruises’ Terminal 25. The facility represents the largest investment ever made by the port, costing around $120 million to build, and will accommodate several Celebrity ships throughout the winter season.
In addition to driving tourism for the area, the port has also blossomed in terms of its cargo capacity, and it has implemented a five-year expansion plan that will entail nearly $1 billion in improvements to the port’s infrastructure to further increase its cargo volumes. This should prove to be a worthwhile investment, as the port experienced a 2 percent increase in bulk and breakbulk cargo tonnage in fiscal year 2018.
When Invest: Greater Fort Lauderdale spoke with Craig Mygatt, CEO of Sealand, he highlighted the port’s advantages for transporting goods to and from Latin America, stating that the port’s strength “lies with the north-south routes, especially for perishable and agricultural goods, because the port is good at moving freight through the system quickly.”
As the number one port in Florida in terms of revenue, Port Everglades has successfully positioned itself as an international and economic hub for South Florida. Thanks to its strategic investments and expansions, 2019 is sure to be another banner year for the port.
To learn more about our interviewees, visit their websites:
Port Everglades: http://www.porteverglades.net/