A letter from David Gutheil, our Interim President & CEO:

As we begin 2025, we reflect on both the challenges and triumphs that have shaped our path. While we were saddened by the departure of Will Friedman, whose leadership, and contributions over more than a decade were instrumental to the Port of Cleveland’s growth and success, we look forward with optimism. Thanks to the support of our Board of Directors and the dedication of our incredible staff, we have a strong strategic plan which was enacted in 2023, which will continue to guide our efforts as we embark on this exciting new chapter.

Our focus remains on building and maintaining a strong, sustainable, and multi-source financial foundation for the Port. The latest analysis shows that the port and maritime sector now generate more than 23,000 jobs and have an economic impact exceeding $7 billion—a notable increase of $2.3 billion since 2021. I am confident that in 2025, we will continue to build on this momentum.

Items to watch in 2025:

1. Electrification Hub and Modernization of General Cargo Terminal
   A major step forward in our commitment to decarbonizing the port, modernizing our facilities, and enhancing our operational capabilities will be the upgrade of our General Cargo Terminal. This project will rehabilitate key infrastructure and significantly enhance the terminal’s electrical systems as part of our decarbonization efforts. This initiative is crucial to ensuring the Port remains competitive, sustainable, and prepared for the future.
2. Cruise Season
   The cruise industry is experiencing exciting growth here in Cleveland. In 2025, the number of cruise ship stops is expected to more than double with the return of Victory Cruise Lines to the Great Lakes. We anticipate more than 50 cruise ship calls in Cleveland in 2025, up from just 22 in 2024—an impressive milestone that will continue to boost our local economy and elevate Cleveland’s standing as a major port of call on the Great Lakes.
3. Logistec Agreement
   The Port of Cleveland has approved a new long-term contract with Logistec USA Inc. to serve as our General Cargo terminal operator. This partnership will significantly enhance our operating revenues and represents a key step in advancing the Port’s financial sustainability.
4. Infrastructure Projects
   Progress continues on several major infrastructure and urban planning projects, including the stabilization of Irishtown Bend and the Cleveland Harbor Eastern Embayment Resilience (CHEERS) project. These efforts are vital to preserving and improving Cleveland’s waterfront, ensuring the long-term health of the local maritime economy, and contributing to the region’s resilience against climate change.

As we look ahead to 2025, I am confident that we will continue to see growth, innovation, and progress in all areas.”

Sincerely,

Dave Gutheil
Interim President & CEO/Chief Commercial Officer, Port of Cleveland