PortandTerminal.com, March 5, 2019
Jacksonville, Florida – The Jacksonville Port Authority (JAXPORT) has approved a long-term agreement with SSA Marine for the development and operation of the US$238 million SSA Jacksonville International Gateway Terminal, a new mega-ship ready container terminal.
According to a statement, the new terminal will help the port handle the world’s largest vessels and make the state of Florida a vital hub in US-Asia shipping.
The agreement to operate the new terminal will initially last 25 years with two five-year renewal options and will also include a number of improvements to JAXPORT’s Blount Island Marine Terminal.
Blount Island Marine Terminal
Located just nine nautical miles (16.7km) from the Atlantic Ocean, the Blount Island Marine Terminal has 7,094 linear feet (2,163m) of deep water berths. The terminal is JAXPORT’s largest marine facility and one of the largest vehicle import/export centers in the United States (Source: JAXPORT website).
SSA Marine, the world’s largest independent and privately held marine terminal operator, is contributing $28 million towards the deepening project and will get exclusive use of JAXPORT’s three 100-gauge cranes.
SSA Marine will also pay $129.7 million for the use of the new terminal and the facility upgrades, such as berth regeneration which will help JAXPORT accommodate two post-Panamax vessels.
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