THE Jacksonville Port Authority (JAXPORT) in Florida has been awarded a US$20 million grant from the US federal government for the reconstruction of 100 acres of existing terminal pavement at the SSA Jacksonville Container Terminal at the Blount Island Marine Terminal.
The funding is part of a $238 million plan to upgrade and expand the facility to be able to accommodate more containers, with 65 per cent of funds coming from private partner SSA Marine, a statement from port authorities said.
Once completed, the facility will be able to handle an extra 425,000 TEU per annum. Other improvements to the terminal include storm drainage, enhanced lighting, signage and utilities.
'The award of this highly competitive grant speaks volumes about the significance of this project to the economy of our region and country,' said JAXPORT CEO Eric Green. 'We are grateful to Secretary Elaine Chao and our state and federal elected officials who continue to advocate for our growth - further positioning northeast Florida to take full advantage of the economic opportunities our thriving seaport creates.'
The SSA Jacksonville Container Terminal is a public-private partnership between JAXPORT and SSA Marine, which is contributing up to $129.7 million for the use of the terminal and facility upgrades, including the addition of three 100-gauge container cranes. In addition, $109 million in berth rehabilitation and upgrades are currently underway that will allow the terminal to simultaneously accommodate two post-Panamax vessels.
The federal project to deepen the Jacksonville shipping channel to 47 feet is scheduled to be completed in 2023, and will allow the facility to accommodate more cargo aboard the larger ships calling at JAXPORT from Asia.
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The funding is part of a $238 million plan to upgrade and expand the facility to be able to accommodate more containers, with 65 per cent of funds coming from private partner SSA Marine, a statement from port authorities said.
Once completed, the facility will be able to handle an extra 425,000 TEU per annum. Other improvements to the terminal include storm drainage, enhanced lighting, signage and utilities.
'The award of this highly competitive grant speaks volumes about the significance of this project to the economy of our region and country,' said JAXPORT CEO Eric Green. 'We are grateful to Secretary Elaine Chao and our state and federal elected officials who continue to advocate for our growth - further positioning northeast Florida to take full advantage of the economic opportunities our thriving seaport creates.'
The SSA Jacksonville Container Terminal is a public-private partnership between JAXPORT and SSA Marine, which is contributing up to $129.7 million for the use of the terminal and facility upgrades, including the addition of three 100-gauge container cranes. In addition, $109 million in berth rehabilitation and upgrades are currently underway that will allow the terminal to simultaneously accommodate two post-Panamax vessels.
The federal project to deepen the Jacksonville shipping channel to 47 feet is scheduled to be completed in 2023, and will allow the facility to accommodate more cargo aboard the larger ships calling at JAXPORT from Asia.
WORLD SHIPPING