Business and Finance

PORTS AMERICA AND THE PORT OF TAMPA BAY SIGN AGREEMENT

At the end of July Ports America and the Port Tampa Bay Container Terminal signed an amended agreement valid through May 2046 for a new breakbulk concession of five years which includes two one-year extension options.

“For the past 10 years Ports America and Port Tampa Bay have enjoyed a committed productive partnership and look forward to increasing containerized imports from vessels arriving through the newly expanded Panama Canal as well as trans-Atlantic cargo shipments” Ports America Stevedoring President Tom Perdue said. “This important extended contract will bring value-added services to the local economy and the region.” 

Part of the new value at the terminal is the joint purchase of two new ZPMC post-Panamax gantry cranes made in Shanghai China which arrived in April and were assembled and tested in 60 days. These cranes have a SWL of 65 tons are 310 feet tall and have a width reach of 21 containers across. They will supplement the facility’s existing three gantry cranes.