text: On November 28, 2018, Virgin Voyages announced plans to build "Terminal V", a new  terminal located on the northwest side of PortMiami and is scheduled to be completed by November 2021. This facility will effectively replace the current Terminal H. The new terminal is designed to be the homeport for its first two vessels. On September 19, 2019, Virgin Voyages finalized the $150 million contract with Miami-Dade County to begin redeveloping the area currently occupied by Terminal H, which will be renamed Terminal V upon completion. Prior to August 2019, Terminal H was occupied primarily by FRS Caribbean, which operated a ferry service between Miami and Bimini in the Bahamas.
  On September 19, 2019, Carnival Cruise Line announced that it had received approval from Miami-Dade County for an expansion of its company's facilities at PortMiami by renovating and expanding "Terminal F", making it the company's third passenger facility at the port and its largest terminal in North America. The terminal is scheduled to open in October 2022 to coincide with the debut of Carnival's second  vessel, which will be homeported in Miami, and will be operated by Carnival under a 20-year lease.
  Container ship operations
  As the "Cargo Gateway of the Americas," the port primarily handles containerized cargo with small amounts of breakbulk, vehicles and industrial equipment. It is the largest container port in the state of Florida and ninth in the United States.