Port Canaveral Sails Beyond Previous Records

Thursday, December 19, 2002
More passengers sailed from Port Canaveral during fiscal year 2002 than any other time in the history of the world’s second busiest multi-day cruise port, an indication that the cruise industry is in economic recovery from the September 11, 2001 terrorist attack. According to Port figures, 3,824,240 revenue passengers cruised from Port Canaveral between October 1, 2001 and September 30, 2002. This exceeds previous records in 2000 and 2001. The numbers represent one-percent growth in 2000 and 5.4 percent growth in 2001. The cruise industry at Port Canaveral has an $276 million economic impact on Central Florida, according to a 1999 economic impact study. “The biggest growth occurred in our longer cruise options with the influx of cruise lines offering 7-day itineraries,” says Robert Giangrisostomi, Deputy Executive Director of Business Development for the Canaveral Port Authority. “We have been very successful in our efforts to attract drive-market vacationers to Port Canaveral for the cruise lines to fill up their ships.” Port Canaveral has recovered from the loss of the two smaller cruise lines that went out of business two years ago. Fiscal year 2002 income from cruise business totaled a record $22.7 million. It will be directed toward new port security requirements and INS mandates instituted following the 9-11 terrorist attack. Though a record year for cruise revenue, the cargo operations at Port Canaveral have been affected by the sagging economy. Port Canaveral had a total cargo volume of 4,215,801 tons, down 7.7 percent over the previous high in fiscal year 2001. Cargo-related revenue is 14 percent of the Port’s total revenue while cruise revenue is 70 percent. The remaining 16 percent comes from leases and miscellaneous non-operating revenues. Several projects are on the agenda for fiscal year 2003, including refurbishing terminals and parking areas to accommodate continued growth of the cruise industry at Port Canaveral.
Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Sapurakencana Wins 3 Petronas Oil blocks

SapuraKencana Petroleum Berhad today announced that it has entered into Sale and Purchase Agreements to acquire the entire interest of PETRONAS in 3 blocks offshore

ST Engineering Rejigs Top Deck

Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of senior management personnel to new key management positions in the

Houston Port Commission Approves budget

The Fiscal Year 2015 Operating and Capital Budget was approved Thursday during a special meeting of the Port Commission of the Port of Houston Authority.   Projections

Cruise Ship Trends

Orlando Ashford is President, Holland America Line

Holland America Line announced today that effective Dec. 1 Orlando Ashford will join the company as president to lead the award-winning cruise line's brand and business,

Sustainability Report: Carnival Ahead of Emissions Goal

Carnival Corporation & plc released a report today detailing its sustainability efforts, including initiatives which enabled the company to meet its corporate goal

Meyer Turku Building another Ship for TUI Cruises

Meyer Turku Oy celebrated the start of production of cruise ship Mein Schiff 5 on November 18, 2014, as the cutting machine was started by Mike Schwanke, Marketing

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Naval Architecture Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1367 sec (7 req/sec)