Florida’s Ports Positioned for Panama Canal Expansion

Meanwhile, a smaller, but important regional port to the north is undertaking three key expansion projects over the next six years.
By Patrick Burnson, Executive Editor
October 17, 2012 - SCMR Editorial

Miami-Dade County today announced that the contracting phase of its project to deepen the Port of Miami’s channel to minus 50 feet has begun with the solicitation of bids by the U.S. Army Corps of Engineers.  Construction is scheduled to begin in early 2013 and be completed in time for the opening of the expanded Panama Canal in early 2015.

“The ‘Deep Dredge’ project is critical to the future growth of Port of Miami,” said Miami-Dade Mayor Carlos A. Gimenez. 

He added that the Port of Miami will be one of only three U.S. Atlantic ports to be at the required -50 feet level in time to welcome the new generation of larger container cargo vessels arriving via the expanded Panama Canal.

Bill Johnson, the port’s director, said that a deeper channel will provide ships with a more efficient, reliable and safe navigational route into Miami. 

“As the closest port to the Panama Canal, we are well positioned to capture new trade opportunities,” he said. According to Johnson’s forecast, the port will double its cargo traffic over the next several years.
Thanks to the pledge of $112 million from Governor Rick Scott and the State of Florida, the port’s “Deep Dredge” remains on schedule to open in sync with the expanded Panama Canal, helping transform Florida into a global logistics hub.

Meanwhile, a smaller, but important regional port to the north is undertaking three key expansion projects over the next six years. According to authorities at Port Everglades, the Broward County gateway will add five berth; widen and deepen the channel to 50 feet and bring freight rail into the port.

According to spokesmen, Port Everglades must widen and deepen its channel to 50 feet to remain competitive with seaports in the Southeastern U.S.

“The port already handles Post-Panamax ships,” said spokesmen. “But they must be lightly loaded, which is inefficient and drive carriers away to other ports.”

Shipping analysts note that the Port of Miami and Port Everglades are the 11th and 12th busiest container gateways in the U.S. for international trade. They add, however, that both need deeper channel to meet the projected growth of South Florida’s business.



About the Author

image
Patrick Burnson
Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).

Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Join Industry Expert Adrian Gonzalez for this educational webinar on the tenets and the benefits of Closed-Loop Operational Management. You’ll learn how Closed-Loop Operational Management optimizes orders, inventory, and transportation concurrently, and how it is able to optimize large-scale problems on a daily basis.

In a separate conference call following CP’s third quarter earnings release call yesterday, CP CEO Hunter Harrison make myriad convincing points for a merger between CP and CSX and offered up his take in general industry M&A as well.

Seasonally-adjusted (SA) for-hire truck tonnage in September checked in at 132.6 (2000=100) for the second straight month, remaining as the current all-time high level for the second month in a row, with November 2013’s 131.0 now the second best month recorded.

Ahead of its third quarter earnings call this Friday, freight transportation and logistics titan UPS rolled out rate increases for 2015 that are set to take effect on December 29, 2014.

The 'Internet of Things' or IoT is a term that has rapidly taken center stage in business and consumer technology circles, with tremendous amounts of hype in both. Don't be distracted if some of the hypothetical consumer examples of the IoT seem far-fetched; the trend has serious implications for businesses. This complimentary whitepaper takes a look at some of the opportunities afforded by the Internet of Business Things.

Article Topics

News · Global · Logistics · Trade · All topics

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review. Patrick covers international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. Contact Patrick Burnson

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA