Wed 14 Jan 2009 09:29

Port Everglades expansion good for bunker sales


Commissioners approve construction of new containerized cargo terminal.



The construction of a new 41-acre containerized cargo terminal at Port Everglades is set to have a positive impact on sales of marine fuel in the area following approval from the Broward County Board of County Commissioners yesterday.

The South Florida seaport is going ahead with the third major construction project to begin there over the past 12 months, despite a recent softening of the cargo market.

Tran Construction Inc. of Miami won the bid to build the terminal in the Southport area at Port Everglades for $12.3 million. State grants are said to be funding up to half of the project.

"The new containerized cargo terminal is part of the Port's Master/Vision Plan. The plan also includes future near-dock rail for efficient transport of cargo, which makes this terminal especially attractive," said Port Director Phillip Allen.

Containerized cargo, at 6.58 million tons and 985,095 TEUs, has been on a steady upswing at Port Everglades, almost doubling since 2002. Port officials attribute this 92 percent growth to new terminal operators such as Port Everglades Terminal Ltd. (MSC) and Florida International Terminal, in the Port’s Southport area, who are bringing more international trade to the area.

Commenting on the growth, Allen said "Containerized cargo tonnage at Port Everglades has increased 92 percent in the past six years. And while we have noticed the market softening in recent months, we must be ready for the future, which we believe is quite promising."

Construction work is already under way on a new petroleum terminal and expansion of Cruise Terminal 18.

Port Everglades is one of the busiest cruise ports worldwide and is South Florida’s main seaport for receiving petroleum products including gasoline and jet fuel.

Martin Vorgod, CEO of Global Risk Management. Martin Vorgod elevated to CEO of Global Risk Management  

Vorgod, currently CCO at GRM, will officially step in as CEO on December 1, succeeding Peder Møller.

Dorthe Bendtsen, KPI OceanConnect. Dorthe Bendtsen named interim CEO of KPI OceanConnect  

Officer with background in operations and governance to steer firm through transition as it searches for permanent leadership.

Bunker Holding's executive management team, from left to right: CCO Anders Grønborg,  COO Peder Møller, CEO Keld R. Demant and CFO Michael Krabbe. Bunker Holding revamps commercial department and management team  

CCO departs; commercial activities divided into sales and operations.

Image of a bunker delivery being performed by Peninsula's Hercules 8000 tanker vessel. Peninsula extends UAE coverage into Abu Dhabi and Jebel Ali  

Supplier to provide 'full range of products' after securing bunker licences.

A screenshot taken from Peninsula's homepage on October 4, 2024. Peninsula to receive first of four tankers in Q2 2025  

Methanol-ready vessels form part of bunker supplier's fleet renewal programme.

Stephen Robinson, pictured on his appointment as Head of Bunker Strategy and Procurement at Tankers International. Stephen Robinson heads up bunker desk at Tankers International  

Former Bomin and Cockett MD appointed Head of Bunker Strategy and Procurement.

Chart showing percentage of off-spec and on-spec samples by fuel type, according to VPS. Is your vessel fully protected from the dangers of poor-quality fuel? | Steve Bee, VPS  

Commercial Director highlights issues linked to purchasing fuel and testing quality against old marine fuel standards.

Ships at the Tecon container terminal at the Port of Suape, Brazil. GDE Marine targets Suape LSMGO by year-end  

Expansion plan revealed following '100% incident-free' first month of VLSFO deliveries.

Hercules Tanker Management and Hyundai Mipo Dockyard sign bunker vessel agreement Peninsula CEO seals deal to build LNG bunker vessel  

Agreement signed through shipping company Hercules Tanker Management.

Illustration of Kotug tugboat and the logos of Auramarine and Sanmar Shipyards. Auramarine supply system chosen for landmark methanol-fuelled tugs  

Vessels to enter into service in mid-2025.


↑  Back to Top