PortMiami had a record year in FY2021 for containerized cargo. The Port’s experienced increases from Latin America, Asia, and Europe. The total TEUs for FY2021 increased 18% to 1,254,062 from 1,066,738 in FY2020.
PortMiami, among the nation’s busiest ports, contributes approximately $43 billion and more than 334,000 jobs annually to Florida’s economy. Its sustained performance propels Miami to be recognized as the Cruise Capital of the World and Global Cargo Gateway. After completing more than $1 billion of capital improvements on the cargo side, including a deep water channel with a depth of -50/52 feet, the acquisition of new super Post-Panamax gantry cranes, upgrades to on-dock intermodal rail providing connectivity to 70% of U.S. population in less than four days, and a fast access tunnel link to the U.S. interstate highway system, the world’s largest container shipping alliances have made PortMiami their preferred port solidifying its position as a world class global gateway. To date, the Port has welcomed more than 300 Post-Panamax vessels requiring a -39 ft. draft or deeper that could not have called without the completion of these projects.
For the seventh consecutive year, PortMiami has surpassed the 1 million TEU mark and this past year hit just over the 1.25 million TEU mark.
Goals & Objectives
- Maintain, improve and enhance cruise facilities necessary to accommodate the projected number of cruise passengers and ships
- Maintain, improve and enhance cargo facilities to accommodate the projected cargo volume demands
- Operate with top security measures and ensure compatibility of its facilities and operations with surrounding communities and the natural environment
Current or Planned Investments
- New Cruise Terminals H, AA/AAA, F expansion, Berth 10, shore power at five terminals, and roadway improvements
- New Inland Cargo Ports and Rehabilitated Bulkheads/Berths
- Cargo Container Yard Infrastructure Improvements, including infrastructure for eRTGs, Post Panamx gantry cranes, and state-of-the-art cargo gate facilities
- Consistent cargo growth reflecting over 1 million TEUs for over 5 years in a row
- Cruise growth increase to a record 6.79 million passengers in FY2019 along with new contracts for continued growth
- Continuous safe and secure operations in a sustainable environment
For east-west trade the hinterland extends from the south Florida counties of Miami-Dade, Broward, Monroe and Palm Beach throughout the state. For north-south trade it includes all of Florida and extends into the Southeast, Northeast and Midwest of the United States.
PortMiami’s mission is to operate and further develop the world’s leading cruise port and the largest container port in the State of Florida; to maximize its assets and strengthen its advantage for future growth; promote international trade and commerce as a vital link between North and South America and a growing center for global trade; support sustainability and operate in an environmentally responsible manner.