The deal also includes two renewal options of ten years each. The deal represents a renewal of long-time business, with Sea Star operating out of the Blount Island terminal since 1994.
The move "underscores Sea Star’s continued commitment" to the port, said Jaxport interim ceo Roy Schleicher. "Our enduring partnership with this industry leader contributes greatly to Jacksonville’s success as the US gateway for trade with Puerto Rico and the Caribbean.
"In addition, Sea Star’s leadership on environmental protection illustrated by Sea Star’s affiliate, TOTE Shipholdings, Inc.’s recent move toward LNG powered vessels, certainly aligns with Jaxport’s vision for the future."
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