Cleveland Port Authority has substantial increases in ships and
cargo in 2014
In 2014, the Cleveland-Cuyahoga Port Authority had substantial
increases in ships and cargo. Highlights of their busy year
- Shipping through the lakefront docks of the Port of Cleveland
was up significantly over 2013.
- While the monthly international shuttle of the Fortunagracht
continues to operate at a loss for the Port Authority, its Dutch
partner and ship owner, the Spliethoff Group, plans to make its own
investment of a second monthly sailing, making the service more
attractive to shippers.
- The Port Authority’s development finance operation, which helps
cut costs for developers, was significantly busier than in 2013,
providing the agency with $3 million in fee income.
- It found an affordable solution for what to do with the silt
that reduces the depth of the Cuyahoga River that, left untouched,
would hurt upriver shipping. (The Port Authority does still need
the U.S. Army Corps of Engineers and the Ohio Environmental
Protection Agency to solve their differences.)