For the first time in more than a decade, all berths at the Port of Palm Beach were occupied on Feb. 1, with container ships, cargo ships, a cruise ship, barges and yachts.
'This achievement is unheard of in my 22-year tenure as a port commissioner,' Port Commission Chairman Wayne Richards said. 'Internal figures from fiscal year 2023 reveal we saw an 11% increase in net operating revenue, coupled with a 7% reduction in operating expenses, resulting in a $3.3 million total net income.'
Innovative strategies
Under the direction of Executive Director Michael Meekins, port staff identified innovative strategies to further boost the port’s revenue and ensure it remains a primary economic engine in Palm Beach County, the state and the region, Richards said.
On the cruise side, the number of passengers traveling through Port of Palm Beach soared by 183% compared to the prior fiscal year. The port did not specify the passenger count.
Margaritaville at Sea Paradise is the port's resident cruise ship.
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