Port Panama City is a growing regional port providing port facilities and handling services for a diverse mix of cargo. Port Panama City also supports a number of major manufacturers in the region with vital port services.
Over the last five years, the port has purchased a second deepwater facility and has completed construction of a new forest products export facility. Over time, the port looks to add a second berth and additional warehouses to this facility, increasing the total annual cargo throughput capacity for the port by 1.5 million tons.
The Panama City Port Authority is moving forward with the expansion of container terminal capacity at its West Terminal. In the next year, the port is slated to construct a 70,000-square-foot container freight station and purchase a third container-handling crane. Also at the West Terminal, the port has taken the first steps toward a $15 million expansion of its bulk storage facility, designed to support handling of an additional 300,000 tons in annual biomass exports.
Port Panama City is an active participant in regional economic development efforts. It works closely with the Bay County Economic Development Agency and Florida’s Great Northwest to support the expansion of existing industries and to attract new industries to the region. The port has developed its intermodal distribution center to promote warehousing and distribution services and to provide shovel-ready industrial sites for new industries.
Recently, the Panama City Port Authority has played a significant role in attracting cooling and heating systems manufacturer Airtemp of Mexico and custom kitchen cabinet importer Clark & Son Inc. to locate their U.S. operations to Panama City. Currently, the port supports 1,200 direct jobs and another 5,800 indirect jobs in Northwest Florida. The economic benefits of the Port of Panama City are estimated to be $1.4 billion a year.
Goals & Objectives
- East Terminal Development
- East Channel Deepening to 38 Feet
- Expansion of Containerized Cargo Facility
Current or Planned Investments
- Expansion of new East Terminal
- Expansion of the Container Terminal
- Expansion of Bulk Storage Facilities
- Development of the new East Terminal
- Warehouse and rail yard expansion at the Port’s Intermodal Distribution Center
- Securing funding for the deepening of the East Channel
Northwest Florida, Alabama, Georgia and Tennessee. Generally, the Port of Panama City provides a Gulf coast alternative to the Port of Savannah.
Expand regional economic opportunities by providing modern port facilities, promoting trade, and supporting industrial development.