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Rail News: CSX Transportation
JAXPORT agrees to nearly $239M container terminal expansion
The Jacksonville Port Authority Board of Directors yesterday unanimously approved a long-term agreement with terminal operator SSA Marine for the development and operation of a $238.7 million international container terminal.
The facility, SSA Jacksonville International Gateway Terminal, will be an 80-acre expansion of SSA Marine’s current lease of 50 acres at JAXPORT’s Blount Island Marine Terminal. SSA Marine will contribute $28 million for exclusive use of the port’s three 100-gauge cranes.
Upon completion of the Jacksonville Harbor deepening project in 2023, the terminal will offer a vessel turning basin and deepwater access of 47 feet to accommodate larger container ships.
The 25-year agreement, with two five-year renewal options, includes a number of improvements to the Blount Island terminal. SSA Marine will contribute up to nearly $130 million for the use of the terminal and facility upgrades, including the addition of three new 100-gauge container cranes.
CSX and Norfolk Southern Railway, and one regional railroad, Florida East Coast Railway, serve the port.
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