FY18 State of the Port (Oct 1, 2017 – Sept 30, 2018)

Port Tampa Bay released the annual ‘State of the Port’ to recap milestones the organization experienced in Fiscal Year 2018 (Oct 1, 2017 – Sept 30, 2018). Port Tampa Bay President and CEO Paul Anderson, provides information on the port’s diverse lines of business and gives an update on future project and growth opportunities.

State of the Port 2018

Bon Voyage 2018

“But not before we say a big Thank You to our customers, maritime family and partners for one of our biggest years. Scroll down to see just a few of the great announcements over the last year and into 2019 including new cargos, new ships, record revenues and master plan development – or click below to download the fiscal year 2018 State of the Port report for your Port – Port Tampa Bay.”

Paul Anderson

President & CEO

FY 2018 State of the Port

State of the Port 2018

Bon Voyage 2018

Operating Revenue vs Valorem Tax Revenue

For the second consecutive year, Port Tampa Bay broke a record for operating income in fiscal year 2018 at $59.1 million. That 5 year growth trend continues even as tax dollars remain flat, showing an overall year over year decline in the tax rate.

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Thanks a Million

We could not have done it without our cruise partners and the hometown crowd!

For the first time in our history, Port Tampa Bay welcomed more than one million cruise passengers in its fiscal year.

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A Strong Welcome

Just before FY 2018, SteelCo announced building on a 35-acre site in Port Redwing to import, export and manufacture steel products.

This Development Continues

Big Visitor

Port Tampa Bay and its maritime community celebrated two of the largest ships to ever to call at the Port – carrying limestone – from Vulcan Materials Company: The M/V Ireland and the M/V Donald M. James.

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The Other Big Happening At Big Bend

Port Tampa Bay made history with one of the region’s largest public private partnerships ever to come together, deepening and widening the Big Bend Channel for larger ships. Proudly, this project’s completion in April 2019 will bring more economic impact, business and jobs to South Hillsborough County for generations to come.

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The Right Ingredients

Ardent Mills Superior Flour & Grains needed to find a better place to rise! The Port Redwing area of Port Tampa Bay provided the perfect location.

Making The Grade

We Make Straight A’s. Again!

Credit agencies Standard and Poor’s, Moody’s, and Fitch Ratings all rate Port Tampa Bay an “A”.

Can We Be Direct?

COSCO SHIPPING announced weekly “direct Asia” service to Tampa in December and the M/V COSCO Piraeus made her inaugural call in January 2019. This Gulf of Mexico Express service offers very competitive transit times connecting China with Florida’s largest and fastest growing market via Port Tampa Bay.

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Port-Panamax Service

In February CMA CGM announced it would include Port Tampa Bay on its Pacific Express 3 service sailing direct from Singapore, Vietnam, China, and Korea. The first call will be mid-June with a Post-Panamax 8,500 TEU ship and weekly calls thereafter. These will be the largest container ships to call on Port Tampa Bay.