Port Manatee Reports Dynamic Trade Boost

By Michelle Howard
Tuesday, July 01, 2014

Port Manatee reported a dynamic increase in trade activity, and said exports are poised to get a further boost when Air Products begins exporting liquefied natural gas heat exchangers from the port next year.
           

Figures recently released by WorldCity Trade Numbers show the value of Port Manatee’s trade with the world totaled $257.57 million through the first four months of 2014 – up 17.15 percent over the comparable period in 2013. Exports increased by 25.68 percent, while imports rose 14.34 percent.

 

Port Manatee’s growth in commerce far outstripped that for the United States as a whole, which, for the same four months, saw total trade inch up 2.85 percent with exports rising 2.79 percent and imports gaining 2.89 percent. That means, for example, that exports from Port Manatee are growing at more than nine times the national pace.
           

“Port Manatee’s trade growth thus far this year is impressive indeed,” said Carlos Buqueras, Port Manatee’s executive director. “Even more encouraging is the fact that Port Manatee’s export figures are poised to begin to increase exponentially next year, when shipment begins of LNG heat exchangers made at the Air Products Port Manatee facility. In fact, we expect to be the fastest-growing export port in Florida.”
           

Florida Gov. Rick Scott was on hand in January when the world’s leader in liquefied natural gas technology and equipment dedicated its new 300,000-square-foot facility on 32 acres immediately across U.S. 41 from Port Manatee’s gates.
           

Port Manatee is taking numerous steps to ensure its readiness to accommodate burgeoning volumes. It has opened its 40-foot-draft Berth 14, which, combined with Berth 12, offers 1,600 feet of contiguous berthing area adjacent to its 52-acre South Port property, where 10 acres already are developed and where a roll-on/roll-off terminal and vehicle-processing facility are targeted for development under a memorandum of understanding with The Pasha Group. Most recently, port officials announced June 10 plans for an international trade hub at the Port Manatee Intermodal Center.
           

“With Port Manatee’s propitious position as the closest U.S. deepwater seaport to the expanding Panama Canal and as a natural gateway for Cuba trade,” Buqueras said, “we are readying for off-the-charts growth in commerce, furthering our already impressive contribution to the Manatee County economy.”
           

Port Manatee is a multipurpose deepwater seaport at the entrance to Tampa Bay that serves bulk, breakbulk, container, heavylift, project and general cargo customers. The port generates more than $2.3 billion in annual economic impact for the local community, while supporting more than 24,000 jobs regionally, without levying ad-valorem taxes.

 

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Technology

WR Launches On-stack Scrubber Emission Monitor

WR Systems (WR), the U.S.-based maritime technology company, is launching a new variant of its laser-based-emissions monitor at the SMM 2014 Fair in Hamburg. Called the Emsys-iS,

Report: Ports Lack Maintenance Support

The latest Barometer Report from Trelleborg has revealed a huge gap in the maintenance requirements of port owners and operators, and the support that suppliers are able to provide.

Smart-Ship 'Quantum of the Seas' Readies

Tech-savvy modern travelers will be wowed by Royal Caribbean International's newest ship, 'Quantum of the Seas', which incorporates unprecedented levels of technology

Ports

Legislation Signed for Ports Upgrades

Today, Governor Brown signed AB 2395 Legislation. The bill was co-authored by Bonnie Lowenthal chair of the Assembly Transportation Committee and the Select Committee

Report: Ports Lack Maintenance Support

The latest Barometer Report from Trelleborg has revealed a huge gap in the maintenance requirements of port owners and operators, and the support that suppliers are able to provide.

Shanghai Port's Q2 Profit Down; China Trade Flagging

Shanghai International Port , the operator of the world's busiest container port, reported earnings on Wednesday that showed its second-quarter net profit fell 2.

News

Hyde Marine to Display Ballast Water Tech at SMM

Hyde Marine, Inc., a ballast water treatment technology company, will showcase its Hyde GUARDIAN Gold HG250G Ballast Water Treatment System (BWTS) at the upcoming Shipbuilding,

Scottish Independence Would Hurt Maritime Sector

A vote for independence from the U.K. would have a negative effect on the Scottish shipping and offshore maritime sector, according to a survey by leading international

CMR Debuts Engine Supervision and Management Software

CMR Group has introduced a new Integrated Alarm Monitoring and Control System (IAMCS) for marine and naval engine applications which it said provides technologically-advanced

Marine Equipment

Hyde Marine to Display Ballast Water Tech at SMM

Hyde Marine, Inc., a ballast water treatment technology company, will showcase its Hyde GUARDIAN Gold HG250G Ballast Water Treatment System (BWTS) at the upcoming Shipbuilding,

WR Launches On-stack Scrubber Emission Monitor

WR Systems (WR), the U.S.-based maritime technology company, is launching a new variant of its laser-based-emissions monitor at the SMM 2014 Fair in Hamburg. Called the Emsys-iS,

CMR Debuts Engine Supervision and Management Software

CMR Group has introduced a new Integrated Alarm Monitoring and Control System (IAMCS) for marine and naval engine applications which it said provides technologically-advanced

Logistics

Scottish Independence Would Hurt Maritime Sector

A vote for independence from the U.K. would have a negative effect on the Scottish shipping and offshore maritime sector, according to a survey by leading international

Pine Galaxy to Arrive SF Bay Wednesday

The disabled mixed-products tanker Pine Galaxy is expected to arrive in San Francisco Wednesday morning. The ship is being towed by commercial tug to San Francisco Bay.

Shanghai Port's Q2 Profit Down; China Trade Flagging

Shanghai International Port , the operator of the world's busiest container port, reported earnings on Wednesday that showed its second-quarter net profit fell 2.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Offshore Oil Port Authority Salvage Ship Repair Ship Simulators 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: 0.2865 sec (3 req/sec)