The port chalked up $103.75m in total revenue for the year ended Sept. 30.
'This is more than double the port’s fiscal year 2008 revenues of $47.4 million and represents an exceptional return on cruise and other capital investments,' said Tom Weinberg, secretary/treasurer of the Canaveral Port Authority Commission.
Multi-day cruise count up 7.7%
More cruisers than ever started multi-day vacations at Port Canaveral as passenger movements at the world’s second busiest cruise port rose by 327,489 to 4,568,431 in 2018, a 7.7% increase over last year.
Operating revenues reached $101.72m with over $10m in cargo revenues earned—the first time in the port’s history—and an all-time high for multi-day cruise ship passengers. The figures are $8.44m above last year’s reported revenues of $93.28m and a 120% jump from fiscal 2008's $46.1m in operating revenues.
Aiming for a best-in-class experience
'These historic achievements are affirmation that the course we’ve charted for our port is a good one,' port CEO Capt. John Murray said. 'We’re continuing to look ahead to strong organic growth, sound business planning and a clear focus on creating a best-in-class experience for every customer.'
The port’s growing diverse cargo portfolio recorded double-digit increases, rising by 18% from 2017 to an all-time high of $10.15m. Cargo tonnage in 2018 rose to 6,404,944 tons, a 6.9% increase over the previous year.
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