Photo of the Day: Monarch of the Seas
In:Photo by Brett Estes
Photo by Brett Estes
Port Canaveral, Florida officials released on Wednesday a healthy 2011 year budget proposal that's nearly 22 percent bigger than the 2010 plan. Thanks to expected larger-capacity cruise ships, such as Freedom of the Seas as well as cargo shipping, revenues from those two sectors are forecast to increase more than 23 percent, from the current $39 million to $48 million in 2011.
Port officials will vote on the 2011 budget plan in September and Port Canaveral's chief executive officer expects an even better budget picture in 2012.
Port Canaveral has been raking in the money despite other municipalities seek ways to shore up budget gaps. How does Port Canaveral do it? The port's revenues come mostly through lease arrangements with tenants, ship tariffs and other business dealings.
"It's amazing how well these numbers look," said Tom Goodson, chairman of the port commission, "because the real world is nothing like this."
Earlier this month Port Canaveral CEO J. Stanley Payne said that he wanted to add a brand new multimillion dollar cruise terminal to Port Canaveral. Port Canaveral is home to Freedom of the Seas as well as Monarch of the Seas.
Port Canaveral CEO J. Stanley Payne wants to add a brand new multimillion dollar cruise terminal to Port Canaveral, Florida to help stimulate the growth of the cruise ship industry in the popular port.
Royal Caribbean already home ports a few of their ships at Port Canaveral, including Freedom of the Seas and Monarch of the Seas.
Payne believes that while no tenant is specifically interested in the terminal right now, by building a new terminal, it will catch the attention of the cruise industry and generate interest in adding ships here. "Once cruise lines start seeing you as a port that can't grow, then you have a problem," Payne said. Payne also pointed out the fact that Jacksonville and Miami are building or upgrading terminal spaces in their ports.
A new cruise terminal could cost between $40 million to $75 million, depending on the amenities port officials decide to include in the terminal. Port Canaveral's existing three terminals for cruise passengers handles the six ships. The newest port is terminal number 8 and was built specifically for Disney in 1996, with a nearly complete new $22 million upgrade for the terminal that is needed for its two new ships that will call Port Canaveral home in 2011 and 2012.
The cruise industry is the port's No. 1 revenue generator and it has been responsible for millions of dollars in new investments in Brevard County. A study released earlier this year by Lancaster, Pa.-based Martin Associates, which specializes in analyzing the operations of ports throughout the world, said the port helps generate $1.1 billion in revenue across all of its businesses, and $48 million in state and local taxes.
Royal Caribbean detailed some of the new updates that have come to Monarch of the Seas in a report from the ship. Royal Caribbean gave some TLC to its crew areas by adding an updated gym, new food stations and the crew outdoor deck areas.
Also of interest was the fact that Monarch of the Seas is the "number two ship in the fleet and her ratings are consistently improving and above target". Legend of the Seas currently holds the number one position.
In addition there was a bit of trivia. Monarch of the Seas was a "test bed" for the Izumi restaurant that is currently on Oasis of the Seas and can still be found on here as a treat for those who love sushi.
Warning, this video may make you hungry! ;)
If you've been on a cruise before, more than likely, you've been to Nassau, Bahamas. Nassau has become the ubiquitous stop for most cruisers due to it's proximity to the United States eastern shore cruising ports. Many seem to have a love it or hate it opinion of the port but there's definitely good reason many ships make a stop here.
If you choose not to get off the ship at Nassau, be sure to look into deals on board the ship for deals as port days often bring better deals at the spa, among other locations.
Royal Caribbean Ships stopping in Nassau: Explorer of the Seas, Monarch of the Seas, Majesty of the Seas