Port Canaveral, the popular Central Florida Port and home to Disney Cruise Line, announced record-breaking results from all operations, and new high-water marks for the Port’s major business lines of cruise and cargo. In year-end financials provided to the Canaveral Port Authority Board of Commissioners at its regular monthly meeting on Wednesday, Port CEO John Murray and Chief Financial Officer Mike Poole reported that the Port earned $103.75 million in total revenue for Fiscal Year 2018.
Port Commission Secretary/Treasurer Tom Weinberg said:
“This is more than double the Port’s Fiscal Year 2008 revenues of $47.4 million and represents an exceptional return on cruise and other capital investments.”
More cruise guests than ever launched multi-day vacations at Port Canaveral in FY ‘18, as the number of passenger movements at the world’s second busiest cruise port rose by 327,489 to 4,568,431 in 2018, a 7.7-percent increase over last year.
Port Canaveral has become the world’s second busiest cruise port. Royal Caribbean has been sailing one of their largest cruise ships, Oasis of the Seas from Port Canaveral since 2016 and they plan to bring the newer and larger Harmony of the Seas, to the port in 2019.
Carnival Cruise Line has 3 ships currently sailing from the Port and has announced plans to debut their largest cruise ship ever from port Canaveral in 2020.
Disney Cruise Line, which sails the Disney Dream and Disney Fantasy year-round from Port Canaveral and the Disney Wonder seasonally, is also gearing up for the launch of three new ships in 2021, 2022 and 2023 with two of them headed for Port Canaveral.