PortMiami has been allocated state grants worth a total of US$33m over the next five years to support enhancement of its cargo and cruise facilities.
A part of the grant allocations will help fund the upgrade of its cargo terminal yards as well as the development of a future inland intermodal facility.
According to a statement by the port, the funds will also be partially used to purchase three additional super post-Panamax cranes.
A total of approximately US$1.3bn were invested in a series of projects including dredging and widening the port’s shipping channel to up to -50/-52 ft, completing a new port tunnel to vehicular speed traffic, purchasing four super post-Panamax cranes and building an on-port rail link.
The port started accommodating bigger ships following the opening of the recently expanded Panama Canal in June this year, with MOL Majesty being the first vessel to call at the port after transiting the canal in July.