Newsroom
Discussing Alternative Supply Chain Solutions with Spliethoff
In this episode of Great Lakes Forward, our host Jade Davis, Vice President of External Affairs, is joined by Claus Sorensen, Vice President of Spliethoff Cleveland. They discuss how they are positioning themselves as a solution to the supply chain crisis in 2022 and beyond.
Great Lakes Forward is a podcast series by the Port of Cleveland that tells the untold story of maritime and tackles topics of shipping, logistics, and trade.
Find us on the web at www.portofcleveland.com and on Facebook, Twitter, Instagram, and LinkedIn we are @portofcleveland Email us with comments and questions at info@portofcleveland.com
Port of Cleveland Awarded $10.52m in State Maritime Grant Funding
Cleveland, OH (December 8, 2021) – The Cleveland-Cuyahoga County Port Authority (Port of Cleveland) announces it has been awarded $10.52 million in infrastructure development grants from the Ohio Department of Transportation’s (ODOT) Maritime Assistance Program (MAP). The grants will be utilized for the following projects in the amounts indicated and will provide leverage and match for more than $80 million in total funding for these five projects:
- The Irishtown Bend Stabilization and Rehabilitation Project | $5,000,000
- Rehabilitation of Docks 26 West and 24 | $946,884
- S. Customs and Border Protection Facility | $870,933
- Dock 20 North Paved Container Yard | $1,737,500
- CHEERS Project planning & design | $1,970,000
“We applaud the Ohio Department of Transportation’s Maritime Assistance Program for supporting Ohio’s ports,” said William Friedman, President and CEO, Port of Cleveland. “With these investments we will continue to modernize our Port, making our region more competitive, mitigate urgent public safety concerns and enable major, new public amenities on our shorelines.”
Irishtown Bend Stabilization and Rehabilitation Project
The Port of Cleveland is leading the effort to stabilize Irishtown Bend to protect people, preserve jobs and enable development of a transformative new park on the banks of the Cuyahoga River. The $5 million Ohio MAP grant, combined with other funding now secured, enables the Port to construct the stabilization elements in one phase and begin the work in 2022. Total cost of the stabilization is estimated to be $50 million.
Rehabilitation of Docks 26 West and 24
The Port of Cleveland has embarked on a comprehensive modernization of Docks 26 West and 24, the heart of the Port’s General Cargo Terminal. Key elements of the modernization include critical maritime infrastructure investments, installation of fiber communications backbone, and elements which will allow the Port to advance efforts to decarbonize and electrify the terminal in the future.
The Ohio MAP funding enables the Port to complete important work related to storm water management which allows for the capturing and treatment of effluent storm water prior to being discharged into Lake Erie. Total project cost is $23.1 million.
U.S. Customs and Border Protection Facility
Due to the growth in container cargo volumes moving in and out of the Port Cleveland, the Port must provide upgraded operational facilities for use by U.S. Customs and Border Protection (USCBP) adjacent to the cargo terminals. This dedicated space will allow for USCBP staff to more efficiently clear imported cargo into the country, solidifying Cleveland as the preferred port for international trade on the Great Lakes. Total project cost is $2.0 million.
Dock 20 North Paved Container Yard
The Port will use this funding to modernize Dock 20 North as an additional container yard, increasing the Port’s container throughput capacity. The Port of Cleveland is already the only container port on the Great Lakes and this project will enhance Cleveland’s competitive advantage in handling containerized cargo. Total project cost is $3.8 million.
CHEERS Project to Ensure Sufficient Dredge Disposal Capacity
The Cleveland Harbor Eastern Embayment Resilience Study (CHEERS) is a major shoreline rehabilitation and resiliency project envisioned along Cleveland’s east side Lake Erie shoreline. The Port of Cleveland, along with its partners (City of Cleveland, Ohio Department of Natural Resources, Ohio Department of Transportation, Cleveland Metroparks, and Black Environmental Leaders) crafted a plan to utilize the beneficial use of dredge material to build the public open space and habitat, as well as protect critical infrastructure in the area. This funding, together with additional funds through the National Fish and Wildlife Foundation, will be used for further planning of the design and engineering of this vision. Total funds now available for the next phase of planning and design is $3.9 million.
“This investment from the Ohio Department of Transportation will help us, along with our partners, bring the CHEERS vision closer to reality,” said Linda Sternheimer, Director, Urban Planning and Engagement, Port of Cleveland. “Our vision is centered around embracing Lake Erie as a key asset for future generations, connecting Cleveland’s east side neighborhoods to the lakefront making the area resilient to our changing climate while ensuring our lakefront is safe for all to enjoy.”
Port of Cleveland to Provide Bond Financing for Fairfax Market
Cleveland, OH (November 10, 2021) – The Cleveland-Cuyahoga County Port Authority (Port of Cleveland) Board of Directors unanimously approved financing for the newly announced Fairfax Market project. This project is part of the Innovation Square Fairfax Renaissance Plan for Fairfax Renaissance Development Corporation (FRDC). The plan, to be developed on the 2.9 acres located at E. 105th Street and Cedar Avenue, comprises:
• 1st floor: A 40,000 sq. ft. grocery store
• 2nd-5th floors: Residential units
• 200-space parking garage
Of the total project cost ($59m), the Port of Cleveland will provide privately placed bond financing that raises $37m. Project partners include FRDC and Cleveland Clinic (who will support apartment leasing), in partnership with Meijer who will be entering the urban Cleveland market with this location. Cleveland-based Fairmount Properties will develop the project.
“This is exactly the type of project that is needed to support current residents,” said Pat Ramsey, Chair of the Port of Cleveland Board of Directors. “It fills a critical need in the marketplace and community while adding essential workforce housing to support our region’s largest job center. Overall, this is a transformative project for the Fairfax neighborhood.”
Exclusive Great Lakes Forward Episode: Cleveland Europe Express - More Cargo, More Capacity
In this exclusive episode of Great Lakes Forward, our host Jade Davis, Vice President of External Affairs, is joined by David Gutheil, Chief Commercial Officer, to announce that the Cleveland-Europe Express service is growing with the addition of the PEYTON LYNN C, a container-only vessel that further connects Europe directly to Cleveland. This additional vessel gives cargo owners more options to avoid coastal congestion and to move their cargo directly in and out of America's heartland.
Great Lakes Forward is a podcast series by the Port of Cleveland that tells the untold story of maritime and tackles topics of shipping, logistics and trade. Find us on the web at www.portofcleveland.com and on Facebook, Twitter, Instagram, LinkedIn and YouTube we are @portofcleveland Email us with comments and questions at info@portofcleveland.com
Global Visibility & Smart Logistics
Proudly celebrating its 60th anniversary, on the shores of Lake Erie, World Shipping Inc., has grown to become an international organization managing complex international supply chains. In this episode of Great Lakes Forward, our host Jade Davis, Vice President of External Affairs, is joined by Jackie Csiszar, Vice President, World Group. Together they discuss the creative solutions required to navigate the global supply chain, as coastal ports experience congestion and delays
Great Lakes Forward is a podcast series by the Port of Cleveland that tells the untold story of maritime and tackles topics of shipping, logistics and trade. Find us on the web at www.portofcleveland.com and on Facebook, Twitter, Instagram, LinkedIn and YouTube we are @portofcleveland Email us with comments and questions at info@portofcleveland.com
Cleveland-Europe Express Increases Capacity
What is the Cleveland-Europe Express?
The Cleveland-Europe Express (CEE) was started in 2014 by the Port of Cleveland. It was the first and only Great Lakes container service.
What is new with the Cleveland-Europe Express?
The Port of Cleveland has responded to global supply chain problems by expanding the Cleveland-Europe Express service with a container-only vessel to the currently scheduled multi-purpose vessels. This expansion will begin in early September 2021.
What is currently being moved through the CEE?
When the Cleveland-Europe Express launched, we used multi-purpose vessels equipped to manage both non-containerized cargo and containerized cargo.
The global market now dictates the need for a solution to container shipments being delayed. This issue led to the Port of Cleveland acquiring an 860 twenty-foot equivalent unit (TEU) capacity vessel that handles only containers. This will allow for more access to the Midwest markets and broadens the scope of the Port’s capabilities.
What is the benefit of acquiring an 860 TEU capacity vessel?
The benefit is it will add to our already existing fleet that is a part of the CEE. The other vessels are multi-purpose and, they will continue to bring in a variety of goods, while the 860 will only carry large amounts of containers. The Port expects business to grow by 30 to 50%. This third call added to the previous two allows more opportunity for shippers to push more supplies monthly.
Why is the container service and expansion of the Cleveland-Europe Express so critical right now?
First, the current global supply chain issues that existed before the COVID-19 pandemic have now been amplified. The shortage of containers on the market has led to increased prices for cargo owners to move their goods around the globe.
The Cleveland-Europe Express service is at the forefront of the Great Lakes economy. The container-only vessel gives shippers and cargo owners in the Midwest region (Ohio, Indiana, Michigan, Kentucky, and Illinois) the opportunity to move their cargo as close to their final destinations as possible.
From an export standpoint, the CEE allows cargo owners in the Midwest to use a port local in the Great Lakes. This allows them to move their goods through our port to the global economy, whether it be Europe, Asia, South America, Africa, etc. That is what the goal of the service is.
How efficiently can these cargoes move in and out of the Port of Cleveland for import and export?
Throughout 2020, the Port of Cleveland expanded our main gate, added TWIC card and plate reading technology, and reconfigured entry and exit lanes, resulting in reduced wait time for trucking companies and truck drivers.
At the forefront of every decision is ensuring a seamless process and elimination of congestion that you find at large coastal ports. If you are a shipper in the Midwest, you can get that cargo to us two to three days in advance. It will hit that sailing schedule and move out through the St. Lawrence Seaway and arrive at the Port of Antwerp in 14 to 15 days.
If I am a shipper, why would I use the Port of Cleveland?
Right now, shippers are facing a multitude of challenges and frustrations in their day-to-day business; with the biggest issue being congestion at ports. Utilize the Port of Cleveland and your goods are moved taken care of in a much more efficient manner without congestion on the docks. The Port of Cleveland can get your goods into your consumer’s hands faster than if you were to go through large coastal ports.
What do you see as next for the Port of Cleveland and the Great Lakes maritime industry in general?
We want to eventually grow our container service into a weekly service to give customers even more opportunities to move containerized cargo in and out of our facility.
Ports on the Great Lakes are working hard to diversify our cargo base, and the Port of Cleveland is no exception. In the next couple of years, you may see us get into other cargo such as bulk liquid.
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American Great Lakes Ports Association - Part II: Infrastructure on the Great Lakes
In this episode of Great Lakes Forward, our host Jade Davis, Vice President of External Affairs, is joined by Steve Fisher, Executive Director of American Great Lakes Ports Association (AGLPA).
Together, they discuss the infrastructure on the Great Lakes, and Steve discusses what he's paying attention to in the nation's capital with the Biden Administration.
Great Lakes Forward is a podcast series by the Port of Cleveland that tells the untold story of maritime and tackles topics of shipping, logistics and trade.
Find us on the web at www.portofcleveland.com and on Facebook, Twitter, Instagram and LinkedIn we are @portofcleveland Email us with comments and questions at info@portofcleveland.com
American Great Lakes Ports Association - Part I: The Saint Lawrence Seaway System
In this episode of Great Lakes Forward, our host Jade Davis, Vice President of External Affairs, is joined by Steve Fisher, Executive Director of American Great Lakes Ports Association (AGLPA).
Together, they discuss the Great Lakes-Saint Lawrence Seaway System, identify pain points with the current structure, and examine ways to make the region more competitive.
Great Lakes Forward is a podcast series by the Port of Cleveland that tells the untold story of maritime and tackles topics of shipping, logistics and trade.
Find us on the web at www.portofcleveland.com and on Facebook, Twitter, Instagram and LinkedIn we are @portofcleveland Email us with comments and questions at info@portofcleveland.com
Notice of Public Hearing - Series 2021B Bonds
Notice is hereby given that on Wednesday, July 14, 2021 at 10:00 a.m. Eastern Daylight Time, or as soon as practical thereafter, in accordance with the provisions of Section 147 of the Internal Revenue Code of 1986, as amended (the “Code”), a public hearing will be held by the Cleveland-Cuyahoga County Port Authority (the “Issuer”) at 1100 West 9th Street, Suite 300, Cleveland, Ohio 44113, with respect to the proposed issuance by the Issuer of Tax Increment Financing Revenue Bonds, Subordinate Series 2021B (Flats East Bank Project) (the “Series 2021B Bonds”) in the maximum aggregate principal amount of $24,000,000.
The proceeds of the Series 2021B Bonds will be used for the purpose of refinancing a portion of the costs of the construction, installation, improvement, and equipping of an 18 story office tower of approximately 476,000 square feet known as the Ernst & Young Tower (the “Project”) for the benefit of Flats East Development LLC, an Ohio limited liability company (the “Company”), which facilities were financed with the proceeds of: (i) the Port Authority’s Development Revenue Bonds, Series 2010B dated December 21, 2010, (ii) the Development Finance Authority of Summit County’s Recovery Zone Facility Revenue Bonds, Series 2010B dated December 21, 2010, and (iii) the State of Ohio’s Economic Development Revenue Bonds, Series 2010-12 dated December 21, 2010. The Project is owned by Flats East Office Tower LLC and operated by an affiliate of the Company, Flats East Office LLC, located at 950 Main Avenue, Cleveland, Ohio, on approximately 3.0 acres near Front Avenue between W. 9th Street and W. 10th Street in the City of Cleveland, County of Cuyahoga, Ohio.
The Series 2021B Bonds will be special obligations of the Issuer and will not constitute a debt or pledge of the faith and credit or the taxing power of the Issuer. Persons wishing to express their views on the proposed bond issuance may appear at the hearing or may submit their views in writing. To ensure their full consideration, all written submissions regarding the proposed bond issuance should clearly reference the aforementioned Series 2021B Bonds and the location and nature of the Project. All written submissions should be sent to the Issuer at the attention of the Garth E. Woodson at 1100 West 9th Street, Suite 300, Cleveland, Ohio 44113, and be clearly marked: Re: Tax Increment Financing Revenue Bonds, Subordinate Series 2021B (Flats East Bank Project). Written submissions should be mailed in sufficient time to be received on or before the aforesaid hearing date.
Cleveland-Cuyahoga County Port Authority
By: Patricia A. Ramsey, Chair
Case Study - INTRO Cleveland
INTRO Cleveland
Behind America's Tallest Mass Timber Building
INTRO Cleveland is a mixed-use development located in the heart of Ohio City. Adjacent to the historic West Side Market, one of Cleveland’s largest tourist destinations, INTRO Cleveland consists of nine stories in total. The development’s first floor consists of 35,000 square feet of downstairs retail, the ensuing floors up to the eighth are used for residential and, lastly, the top, ninth floor combines a mix of residential space as well as approximately 12,000 square feet of event space.
The Port of Cleveland worked closely with Harbor Bay Real Estate Advisors to develop custom solutions to import mass timber directly to Cleveland and also leveraged the Port’s financing capabilities to help fund the project.