executive director and CEO, to further professionalize the port's operations. History The Port of Philadelphia was established more than 300 years ago during the colonial period, and was for a time the busiest port in both that period and the earliest years of the new republic, finally being eclipsed by the Port of New York. In much of the 20th Century, the Port was overseen by the city's Department of Wharves, Docks, and Ferries, which was replaced by the quasi-public Philadelphia Port Corporation in 1964. In 1989, following the lead of other municipal ports that made overtures to their respective state governments for capital and operating support, the Port of Philadelphia moved from city to state control, with a new agency, the Philadelphia Regional Port Authority, established by the State Legislature's Act 50 of 1989 to run the Port. The Port of Philadelphia has always been a landlord port, with private companies being given leases to run the Port's facilities, with capital and marketing support provided by the Commonwealth and PRPA. Philadelphia Cruise Terminal The Philadelphia Cruise Terminal was located at 5100 South Broad Street within the former Philadelphia Naval Shipyard. The Delaware River Port Authority began operating the terminal in 1998 in Building 3, a landmarked 1874 Navy Yard building. Following the September 11 attacks the Philadelphia terminal accommodated some of the ships that had been diverted from New York. Its peak year was 2006 when it handled 36 cruises. By 2011 the schedule had dwindled to just two cruises. The DRPA decided to close the terminal rather than invest additional operating costs or capital improvements. Its demise was attributed to a combination of the economic downturn, increasing size of cruise ships, and six hours needed to navigate the Delaware River before entering open ocean. See also Port of Camden, across the Delaware Port of Paulsboro Port of Wilmington (Delaware) Philadelphia Naval Shipyard, located to the southwest along the Delaware River Philadelphia International Airport, located to the southwest along the Delaware River References External links 2016 Philadelphia Regional Port Authority Advertorial Philadelphia Regional Port Authority - Official website Port of Philadelphia facilities History of the Port of Philadelphia Economy of Philadelphia Philadelphia Delaware River Port authorities in the United States