The Jacksonville port signs 25-year lease with APM Terminals
The Jacksonville Port Authority has reached an agreement on a new 25-year lease with APM Terminals North America, one of the port's biggest and longest-tenured tenants.The new deal will keep APM at the port through 2031, with an additional five-year mutual option. APM will operate from a 60-acre site at the Blount Island Marine Terminal. Last year APM handled 1.4 million tons of cargo at Blount Island, the most of any single Jaxport tenant, genera "We see Jacksonville as a growing and important location," said Tony Scioscia, president of APM. "Together with Jaxport we are looking forward to expanding the business in and out of Jacksonville's port."APM and its predecessor, SeaLand Service Inc., has provided stevedoring and terminal operations services at Jaxport since 1960.
"APM Terminals is one of the most sought-after terminal operators in the world, and their continued presence in Jacksonville is an important part of the ongoing growth and development of our port," said Jaxport Executive Director Rick Ferrin.Netherlands-based APM is an international container terminal owner and operator with more than 40 terminals around the world serving about 60 shipping lines.ting more than $3.5 million in revenue for the port.
