Business and Finance

PORT MIAMI CELEBRATES THE COMPLETION OF DEEPENING PROJECT

The grand celebration for the completion of Port Miami’s Deep Dredging project took place on September 18. The project readied the port for post-Panamax vessels making it the only port south of Virginia capable of handling these vessels.

The upgrade also included super post-Panamax gantry cranes that can service cargo vessel up to 22 containers wide and up to nine containers above deck and eleven containers below.

As stated by Governor Rick Scott “We did not wait on the federal government to fund this important project. We stepped up because we want Florida to be a global leader in trade and it’s exciting to see the completion of this project.”

CEO of the Panama Canal Authority Jorge L. Quijano said “When bigger ships start transiting through the expanded waterway next year deep ports like Miami will transform maritime trade on a global scale. We are proud of our long-standing partnership with PortMiami and are certain that the synergies achieved through the Deep Dredge and the Panama Canal expansion projects will boost international trade and contribute to future economic growth by increasing job opportunities and revenues at both PortMiami and the Panama Canal.”

The United States Army Corps of Engineers managed the project. Great Lakes Dredge and Dock Company LLC was the contractor selected for the deepening of PortMiami’s channel to-50/-52 feet which began in August 2013.