|Crowley Relocates at Port Everglades, Freeing Additional Dockside Space
October 03, 2003
(October 3, 2003) --- Crowley Liner Services, the first tenant in Port Everglades' developing Southport Container Complex and the largest container volume producer, has agreed to reconfigure its leasehold, a move that is strategically beneficial for both Crowley and Port Everglades.
The Broward County Board of County Commissioners has approved a recommendation by the Port Everglades Department to relocate a portion of the current leasehold to the south of Crowley's current terminal. This action makes a prime parcel of dockside land available for leasing to container businesses through a competitive bidding process already underway.
The Port received six responses to its "Request for Letters of Interest" for a new Southport Marine Terminal operator. Presentations are scheduled to be held before the Selection/Negotiation Committee on October 15, 2003.
With the recent success in securing new container ship clients for Broward County's Port Everglades and the continuing efforts to attract even more customers, Port Everglades officials view this as an opportunity to increase container volumes and generate a higher level of economic activity with accompanying impacts on the South Florida economy.
"This is a win-win situation for Port Everglades and Crowley," said Port Director Ken Krauter. "Crowley's expansion was to have occurred in phases to both the west and south of their current terminal. We have reconfigured the terminal to allow for their expansion, and in so doing, we have additional land available for container yard use by another client."
"Port Everglades opened the door for us. We were the first tenants in Southport. The Port quickly developed that area for us so we could create a 70-acre Roll-on/Roll-off terminal within a fairly short order and we've since doubled our business," says Michael Hopkins, Vice President of Operations for Crowley. "We have a long-term commitment here, and it's clear the Port is as committed to us as we are to them."
As Southport's first tenant, Crowley Liner Services worked the bare bones land and dock area to later become consistently ranked among the top three ocean container carriers in the nation as measured by number of 20-foot equivalent units (TEUs). The company's current leasehold is for approximately 70 acres, and the lease period is through 2010 with an option to renew for another 10 years.
Crowley has always been among the top revenue producers for Port Everglades. Crowley is also one of the leading ocean cargo carriers between the U.S. and Eastern Caribbean, Central America, Mexico, and North Coast of South America, and operates more than 30 barges and ships with an equipment fleet numbering 34,000 in containers, trailers, and other types of intermodal equipment.
Port Everglades, which is a self-supporting enterprise fund governed by the Broward County Board of County Commissioners, is currently ranked the 12th busiest container port in the United States. During fiscal year 2002, a total of 1,859 container ships docked at the port. More than 20 shipping lines currently call on Port Everglades on a weekly basis.
More information is available on the Internet at www.broward.org/port or by calling 954-523-3404.
Crowley Relocates at Port Evergalades, Freeing Additional Dockside Space
Friday, October 3, 2003 3:22 PM