Port Everglades is planning for the year 2033 with an updated roadmap for future growth over the next 20 years that identifies $1.6 billion in capital investments to improve productivity for cargo, cruise and petroleum businesses that operate at the South Florida seaport.
The Broward County Board of County Commissioners, which governs the Port as a self-funded enterprise fund, approved the Port Everglades 2014 Master/Vision Plan on June 24, 2014. To develop the Plan, Port staff and maritime consultant AECOM Technical Services, Inc. held more than 20 meetings with customers, stakeholders and the general public.
Watch 2014 Master/Vision Plan video:
Market assessments, critical to identifying the Port's future infrastructure needs, predict steady growth in all business sectors at Port Everglades.
The cruise business at Port Everglades is forecasted to reach 5.6 million passenger moves in 2033 compared to 4 million expected during fiscal year 2014 (ending September 30, 2014).
Port Everglades is expected to continue as Florida's leading containerized cargo port, reaching 1.7 million TEUs (the industry standard measurement of 20-foot equivalent units) in 2033 compared to 943,000 TEUs expected during FY2014. Non-containerized cargo such as steel, lumber, aggregate, cement and vehicles is forecasted to reach nearly 3.3 million tons by 2033, which is triple the amount moved through Port Everglades today.
Petroleum products, especially gasoline and jet fuel, which are moved by ship and rail to private petroleum terminals inside the Port, are also anticipated to increase as South Florida's consumer population continues to grow. Total volumes are projected to grow from 300,000 barrels daily to 376,000 barrels daily in 2033, with jet fuel replacing gasoline as the top petroleum commodity moving through the Port.
Current keystone capital improvements are providing a springboard for future growth and infrastructure enhancements. Those current projects include lengthening the Southport Turning Notch from 900 to 2,400 feet to add up to five new cargo berths; deepening and widening the navigation channels; and, opening this July, the Florida East Coast Railway's new intermodal container transfer facility (ICTF).
Projects in the five-year Master Plan include:
Longer-term projects in the 10- and 20-year Vision Plans include:
The plan also includes conducting traffic and environmental studies for projects in the five-year Master Plan, and an affordability analysis for the projects in the 10-year timeframe.