New Investments in PortMiami Announced

On the heels of another record-breaking year for both cargo and cruise passengers, $33 million in State grants have been allocated to PortMiami over the next five years.

This is another important step that will help the Port better respond to the next generation of cruise and cargo business.

The positive performance report comes as PortMiami starts to receive the bigger ships that are already transiting via the expanded Panama Canal.

Approximately $1.3 billion were invested to dredge and widen PortMiami’s shipping channel to -50/-52 ft., complete a new port tunnel to speed vehicular traffic, acquire four Super-Post-Panamax cranes and build an on-port rail link.

The Port is big ship ready, and it anticipates continued growth as some of the world’s largest ocean carriers have formed alliances and deployed bigger vessels for their international shipping routes.

Additionally, cruise line partners have also announced their plans to expand business at the Port.

Royal Caribbean Cruises has begun work on a $200 million expansion that includes a new cruise terminal as part of a public-private partnership.

MSC Cruises plans to homeport its MSC Seaside in Miami beginning in the winter of 2017.

The $33 million in State grant allocations will also help fund the expansion to Cruise Terminal F into a mega cruise facility able to process more than 5,000 cruise passengers at a time.

Funds will also be utilized for the procurement of three additional Super-Post-Panamax cranes, as well as upgrades to cargo terminal yards in an effort to create efficiencies in operations for higher densities in container throughput.

In addition, the grants will help support the development of a future inland intermodal facility.

Share this article

Follow Dredging Today

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of DredgingToday.com, you'll reach countless professionals in the sector. For more information, click below....

apply

Dredging jobs in Abu Dhabi at NMDC

National Marine Dredging Company “NMDC” aims to be the largest dredging player in the Arab’s Gulf region...

apply