The port has previously used credit to fund the purchase of property near Interstate 95 and State Road 524 for cargo and warehousing operations, among other things.<\/p>\n
A spokesperson from the port told Port Strategy<\/i> that some of the development projects already underway at the port include widening and deepening of the harbour, cruise terminal renovations, off-site logistics and warehouses and Surface Transportation Board rail evaluation.<\/p>\n
When it comes to cruise, Canaveral is in the top three busiest cruise ports in the world with more than 4 million passengers annually.<\/p>\n
But it\u2019s planning four new terminals in the next ten years with two of them budgeted within the next five years. Passenger counts are expected to grow to 5 million this year; 6 million by 2017 and 8 million by mid-2020s.<\/p>\n
Away from cruise, the port is also growing cargo hub undergoing major improvements.<\/p>\n
\u201cWe are increasing capacity, building new facilities for container and general cargo, and improving our channel to establish the deepest, most accessible East Coast port in Central Florida by 2020,\u201d a port spokesperson told PS<\/i>.<\/p>\n
It\u2019s also focusing on direct rail access and is continuing to pursue a rail extension project, for which there are three potential route options currently being evaluated – a route through the Kennedy Space Center, a route paralleling State Road 528 or a route through the Cape Canaveral Air Force Station.<\/p>\n
The federal Surface Transportation Board (STB) is currently putting together a federally mandated Environmental Impact Statement (EIS) to detail the potential environmental impacts of alternative routes.<\/p>\n
The Port Authority Commission said it will make no final decisions on whether to proceed with a new rail project until the completion of the STB process.<\/p>\n","protected":false},"excerpt":{"rendered":"
Port Canaveral in the US has lots of large development projects on the drawing board and according to a recent port authority meeting, it will raise the capital for them using credit.<\/p>\n","protected":false},"author":8,"featured_media":9409,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[53],"tags":[],"sponsor":[],"class_list":["post-9408","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-north-america"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/9408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/comments?post=9408"}],"version-history":[{"count":1,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/9408\/revisions"}],"predecessor-version":[{"id":9410,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/posts\/9408\/revisions\/9410"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/media\/9409"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/media?parent=9408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/categories?post=9408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/tags?post=9408"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/greenport\/wp-json\/wp\/v2\/sponsor?post=9408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}