JAXPORT extends Crowley lease

JAXPORT extends Crowley lease

JAXPORT approved an expanded, long-term lease with Crowley Liner Services, a Crowley Maritime unit.

Under the agreement, Crowley will relocate its Puerto Rican service from its private terminal along Jacksonville’s harbor to JAXPORT’s Talleyrand marine terminal and expand its current leasehold in preparation for deployment of the company’s two new LNG-powered Commitment-Class ships, the company said in a statement.

The new facilities lease agreement becomes effective on Jan. 1, 2017, for a term of 20 years plus two 10-year mutual renewal options, and calls for Crowley’s current 12-acre Talleyrand leasehold to be expanded to 50 acres.

Image: Crowley

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