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Port Everglades Breaks Records in 2024

[ January 31, 2025   //   Gary G Burrows ]

Port Everglades enjoyed healthy increases in cruise, cargo and petroleum volumes during its 2024 fiscal year, resulting in record revenues for the Broward County, Florida port.
For the quarter ended Sept. 30, 2024, Port Everglades earned a record US$215.7 million in revenue, up 18 percent from the previous budget year.
Containerized cargo rose 7 percent in fiscal year 2024 to 1.09 million 20-foot equivalent units, or TEUs, with nearly US$41 million in revenue. Port Everglades moved into the top 20 percent of ports worldwide for operational performance, climbing in the rankings from 89 to 65, according to the latest Container Port Performance Index developed by the World Bank and S&P Global Market Intelligence. Also in 2024, the port opened its Southport Turning North Extension, which added five new berths, and commissioned three additional super-post-Panamax container gantry cranes.
Energy volumes remained steady with almost 130 million barrels of throughput, which translates to 5.46 billion gallons of mainly gasoline, diesel and jet fuel. While private companies operate the petroleum terminals, Port Everglades generates revenue from energy products through dock and volume fees, totaled about US$45 million.
The port also set a new cruise passenger record with more than 4 million embarking and disembarking guests, a 39 percent jump over fiscal year 2023. Cruise guest parking revenue also increased 46 percent bolstered by the port’s new 750-space surface lot. A total of 889 ship calls, including 241 calls from Balearia’s Caribbean ferry, generated nearly US$77 million in revenue and parking generated another US$13.8 million.
Disney Cruise Line opened its second homeport at Port Everglades at the beginning of the fiscal year and joined Celebrity Cruises, Princess Cruises and Royal Caribbean International with year-round sailing itineraries.

Tags: Port Everglades