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Download JAXPORT’s 2022 Annual Report.
Total operating revenues of $61.2 million in fiscal year 2022 reflected a slight decline of 1%, compared to prior year results of $61.9 million.
Container TEUs totaled 1,298,132 in fiscal year 2022 and auto units were at 555,301 units, down 8% and 10% respectively. Container TEU declines were largely attributable to one tenant’s declining vessel and cargo business, leading to an early surrender and termination of lease agreement in mid-2022.
Auto volumes for 2022 were adversely impacted by global supply chain shortages, including computer chips and parts. However, due to fixed-lease contracts, auto revenues were down only 1%. Breakbulk tonnage volumes were up 35% over prior year to 989,058 tons, with related revenues up 42%.
Cruises returned in March 2022, after a two-year absence, with strong passenger counts (nearly 100% occupancy), adding $2.6 million in revenues compared to zero in 2021.
Steps forward in 2022 and looking ahead
In addition to the mid-year 2022 completion and formal opening of the deepened Jacksonville Harbor to 47 feet, JAXPORT took several major steps in 2022 to strengthen its current book of business and prepare for future business growth and development, including:
Rating agencies Moody’s Investors Service and Fitch Ratings currently report JAXPORT credit ratings of A2 and A, respectively, Outlook Stable for both.
JAXPORT FY 2022/2023 budget
JAXPORT Annual Audit Report For the Year Ended September 30, 2021
Florida Department of Financial Services
FEMA Public Assistance (PA) Program