The Real Deal Miami

Port of Palm Beach seeks biz boost

September 02, 2008 01:28PM

Manuel Almira, the new director of the Port of Palm Beach, says he will try aggressively to develop new business at the port. Revenue is down because of higher fuel costs and a lack of new tenants. Second quarter figures project the port will lose $2.8 million by the year’s end. With expansion in its South Gate area complete, the port has about 40,000 square feet of cargo space available for new tenants.