San Diego’s working waterfront generates 42,000 jobs and nearly $7.6 billion annually in economic impact to the region. The working waterfront businesses form a strong economic foundation for the region, adding diversity and balance to the region’s economy. Working waterfront jobs pay well above the county average and more than twice as much as travel and commercial sector jobs along the waterfront.

 

Commitment to Maritime Operations



A true gateway to Latin America and the Pacific Rim, the Port of San Diego operates two modern marine cargo terminals - the Tenth Avenue Marine Terminal in San Diego and the National City Marine Terminal in National City - and the B Street Cruise Ship Terminal. A variety of commodities is transported between San Diego and numerous foreign markets via the Port's marine terminals. Commodities include automobiles, frozen and refrigerated produce, lumber, steel, fertilizer, cement, machinery and soda ash.

The Port's maritime activity continues to surge. The Port's maritime business has increased by 87 percent in the past five years. This past fiscal year, ending June 30, 2007, the Port witnessed a 62 percent gain in break bulk cargo. This type of cargo includes bagged cement, fertilizer, lumber, miscellaneous steel products and industrial cargo used for power plants and other building projects. This cargo is referred to as break bulk because the products don't fit into containers. At the National City Marine Terminal, auto imports are also seeing an increase. Automobile imports were up by almost 19 percent and that number is expected to grow with the potential of new auto business from China.

Last year, the Port released its Maritime Business Plan. The plan demonstrates that maritime cargo operations generate $1.6 billion annually and support 19,298 regional jobs. The plan also highlights that $100 million in state and local taxes are generated from maritime activity at the Port and forecasts an annual cargo growth of 15 percent through 2030.

 

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