Port Manatee Inks Del Monte Lease Extension
Port Manatee says it has signed an agreement to keep Del Monte fruit coming into the Florida Gulf Coast port for as many as 20 more years. Del Monte Fresh Produce N.A. Inc., which has imported fruit into the deepwater Florida seaport since 1989, is now signed to a lease extension with Port Manatee through August 30, 2021, with options for three additional extensions of five years each. If all options are exercised, Del Monte will be doing business at Port Manatee until at least 2036.
Port Manatee Sets Course for Growth
A new study report projects cargo volume through Port Manatee will more than double over the next 10 years. The 2016 Port Manatee Master Plan Update, accepted June 16 by the Manatee County Port Authority, provides a strategic vision and framework for continued diverse growth of the port of Southwest Florida for the coming decade and beyond. “We are encouraged by the positive opportunities presented in the master plan update,” said Betsy Benac, chairwoman of the Manatee County Port Authority.
New Tampa Bay Cargo Shipment Service
Naviera Master Line selects Port Manatee for new container & breakbulk service to Caribbean, Central & South American destinations. Expected to commence with a sailing from Port Manatee Mar. 8, 2013, Naviera Master Line, a division of Miami-based Master Line Shipping Company, will transport a variety of breakbulk and containerized cargo from Port Manatee to destinations in Colombia, Panama, Venezuela and Trinidad. “For the targeted business we have with Central Florida auctions, like Alex Lyon & Son, CAT, Ritchie Bros.
Port Dolphin Energy, Port Manatee $30M Deal
The Manatee County Port Authority approved a long-term $30m agreement with Port Dolphin Energy LLC, providing Fla. with a second major source of natural gas. Port Dolphin officials estimate its project will generate more than $150m in direct economic impact within Manatee County during the next 20 years. Construction of the project is expected to begin in 2012 with completion in 2013. During the first five years of the agreement, Port Manatee will receive more than $16m in cash and assets, followed by about $15m per year over the remainder of the agreement.
Panama Canal, Port Manatee Strategic Alliance
To help spur growth and capitalize on the Panama Canal’s expansion, the Panama Canal Authority (ACP) and Port Manatee embarked on their first-ever strategic alliance. In an official ceremony held in Panama City, Panama, ACP Administrator/CEO Alberto Alemán Zubieta and Port Manatee Executive Director David L. McDonald signed a Memorandum of Understanding (MOU) to boost joint marketing, and encourage the exchange of information and business insight. As part of the partnership, the ACP and Port Manatee may undertake a series of activities to promote both the Port and Canal including joint advertisements and competitive market analyses. The agreement demonstrates each organization’s commitment to encouraging increased trade and meeting the needs of today’s maritime and shipping industries.