Charleston isn’t the only Southeast port adding dock space
Another container terminal is joining the Southeast’s busy seaport building boom, what some are calling an arms race.
The Jacksonville Port Authority, also known as Jaxport, said last week its board approved a 25-year agreement with terminal operator SSA Marine to invest $237.8 million at the north Florida maritime gateway.
Jacksonville’s port has seen a 14 percent annual increase in Asian container traffic over the past five years. The SSA-led project is an 80- to 120-acre expansion of the company’s existing terminal space on Blount Island and “will offer deepwater berthing space to accommodate the larger container ships calling Jaxport from Asia more fully loaded,” according to statement.