JAXPORT Bringing More Jobs to Florida
The Jacksonville Port Authority (JAXPORT) in Northeast Florida and Volusia County in Central Florida have signed a Memorandum of Understanding (MOU) that establishes a working relationship to promote each other’s geographical and business advantages. The goal of the partnership is to attract more global businesses to Volusia County, bring more Florida-bound cargo through JAXPORT and create high-wage jobs for Florida.Under the agreement, JAXPORT and Volusia County will work together to attract new distribution…
JAXPORT Adds Berthing Space at Blount Island
Jacksonville Port Authority (JAXPORT) contractors have completed the latest phase in a total of $104 million in berth enhancements at the existing SSA Jacksonville Container Terminal at Blount Island, adding an additional 700 linear feet of newly rebuilt deepwater berthing space.Completion of the final phase of the project, another 700 linear feet, will coincide with the completion of harbor deepening through Blount Island in 2022.The reconstruction of the existing SSA Jacksonville…
JAXPORT Hires Collins as Security Director
The Jacksonville Port Authority (JAXPORT) announced Monday that retired United States Coast Guard (USCG) Captain Dwight Collins has joined the port as Director of Public Safety and Security.Captain Collins directs all law enforcement, physical security, safety, and emergency management and preparedness services in support of more than 200,000 port employees, tenants and customers. He is also responsible for ensuring enforcement of seaport security initiatives in compliance with all federal…
JAXPORT Gets $93m for Harbor Deepening
The federal government allocated $93 million for the next phase of deepening the Jacksonville shipping channel to 47 feet from its current depth of 40 feet. Of the total $93 million investment, $57,543,000 is included in the U.S. Army Corps of Engineers’ Fiscal Year 20 Work Plan, and an additional $35,457,000 is allocated in the A Budget for America’s Future – President’s Budget FY 2021.“This is the first time JAXPORT has ever received funding in the President’s budget, which speaks volumes about the significance of this project to the Southeast U.S.
Florida Ports Leading the Way on Maritime Alternative Fuels
Florida's seaports and industry partners are investing in innovations to be more efficient and effective, including the implementation of environmentally friendly, less costly, domestically-produced natural gas as an alternative fuel, a recent report outlined.“Florida ports are leading the way in moving to cleaner, alternative energy sources, bringing tremendous environmental benefits to our transportation systems and our communities,” said Dr. Julia Nesheiwat, Florida’s Chief Resilience Officer under Gov.
JAXPORT Board Extends CEO Green’s Contract
During the December meeting of the JAXPORT Board of Directors, the Board unanimously voted to extend CEO Eric Green’s contract through fiscal year 2024. The new five-year contract is effective October 1, 2019.Green has been with JAXPORT since 2005 and was named CEO in 2017. Under Green’s leadership, the port set new container, auto and overall cargo volume records.With Green at the helm, JAXPORT has continued to secure funding for the federal project to deepen the Jacksonville shipping channel to 47 feet, keeping the project two years ahead of its original schedule, based on continued funding.
JAXPORT Welcomes FDOT Secretary
The Jacksonville Port Authority (JAXPORT), Florida, said that its Chief Executive Officer Eric Green and other port executives welcomed Florida Department of Transportation Secretary Kevin Thibault for an update on port growth and a waterside tour of ongoing port projects.JAXPORT said that the visit included a look at how the projects—from berth enhancements to Mile Point and harbor deepening—work together to make Jacksonville’s seaport more competitive, bringing jobs and revenue to Northeast Florida.The tour began with a stop at Berths 33 and 34…
Jacksonville's Seaport Generates 26,000+ Local Jobs
New study finds port investments including Harbor Deepening have resulted in “significant” job growth over last five years.Cargo activity through Jacksonville’s seaport positively impacts tens of thousands of jobs and supports nearly $31.1 billion in annual economic output for the region and state, according to a newly released study. The study, citing double-digit growth in the port’s total economic impact over the last five years, was conducted by Martin Associates, a widely recognized maritime research firm.In the Jacksonville area…
Jaxport Hits Record Container Volumes in January
Jaxport, the port of Jacksonville, Florida, had its best ever January container volumes, with total container movements increasing 16 percent over the same period last year.Nearly 121,400 twenty-foot equivalent units (or TEUs, the industry standard for measuring containers) moved through JAXPORT in January 2019.The port’s Asian container volumes continue to show significant growth, up 17 percent year–to–date with nearly 164,000 TEUs moved so far in Fiscal Year 2019. JAXPORT’s fiscal year runs Oct. 1- Sept. 30.
Jaxport Breaks Cruise Passenger Record
The Jacksonville Port Authority (Jaxport) served a record number of cruise passengers during the past year, with 199,899 passengers setting sail from Jacksonville. More than 2.4 million passengers have sailed from Jacksonville during 15 years of cruise service at Jaxport.The Carnival Elation offers year-round sailing to the Bahamas from Jaxport’s North Jacksonville Cruise Terminal featuring stops at Freeport, Nassau and the private Bahamian islands of Half Moon Cay and Princess…
JAXPORT Awarded $32.4 Mln for Dredging
The federal government is awarding nearly $32.4 million in funding to the Jacksonville Harbor Deepening project.“These dollars signal that the federal government believes in our deepening project and has confidence in our ability to provide a return on this investment, " said JAXPORT CEO Eric Green. "We appreciate the support of our elected representatives in Washington, Tallahassee and here at home who work tirelessly to ensure JAXPORT remains globally competitive, continues…
JAXPORT Extends Agreement with Carnival
More than 2.2 million passengers have sailed from Jacksonville during 15 years of cruise service at JAXPORT. Now the port has reached a deal with Carnival Cruise Line to help that number grow even larger.An agreement signed today extends Carnival cruise service from Jacksonville through at least May 2021 and potentially through 2027.Carnival Elation will continue offering year-round sailing to the Bahamas from JAXPORT’s North Jacksonville Cruise Terminal. The contract extends the cruise line’s service from Jacksonville for three years with three additional two-year renewal options.
Fitch Affirms 'A' Rating on JAXPORT Bonds
Fitch Ratings has affirmed its long-term 'A' rating on JAXPORT’s $87.4 million in outstanding revenue bonds, citing the port’s strategic location, intermodal connectivity, growing automobile volumes and diverse revenue base.“This rating is another positive reflection of everything that we’re doing to maximize JAXPORT’s competitive advantages and continue to grow cargo volumes,” said JAXPORT CEO Eric Green. “We are encouraged by the growth we’ve experienced and confident the trend will continue well into the future.”