Port Everglades tops $100 million revenue
The port of Port Everglades recorded $112 million in operating revenues for the fiscal year ending Sept. 30, 2004. The revenue figure represents an increase of 26 percent over the $89 million in operating revenues for fiscal year 2003.
It is the first time the port has exceeded $100 million revenues in its 77-year history, the port said in a statement.
Port Everglades’ waterborne commerce increased 6.7 percent to 25 million tons in fiscal year 2004, from 23 million tons in 2003.
The port reported its highest performance growth from its cruise sector. Cruise revenues increased 21.3 percent to $30 million from $25 million.
Box volume at the port increased 14.7 percent to 653,628 TEUs from 569,697 TEUs. Revenue from containerized cargo increased 13.1 percent to $20 million from $18 million.
The port also reported increases in dry bulk and breakbulk cargoes, as well as the movement of petroleum products.
In addition, Port Everglades also received $4.1 million as part of a real estate settlement that included reclaiming 97 acres of land and a recently constructed 81,858-square-foot warehouse from the Flagler Development Corp.