Start of JAXPORT deepening gets approval

Start of JAXPORT deepening gets approval
TINNews |

During its regular monthly meeting, Florida’s Jacksonville Port Authority (JAXPORT) Board of Directors unanimously approved the start of the Jacksonville Harbor Deepening project, allocating the first phase of port funding to the U.S. Army Corps of Engineers for construction.

The federal project to deepen the Jacksonville shipping channel to 47 feet, for the accommodation of more cargo aboard the largest ships, is set to begin construction by early 2018, JAXPORT informed. In addition to significant state funding already in place, the $484 million, 11-mile project recently received $21.5 million in federal funds, along with a new start designation.

Once the project is completed, Blount Island will serve the largest Asian container ships requiring the deepest drafts, while Dames Point and Talleyrand will be maximized for containers aboard smaller ships, as well as JAXPORT’s other lines of business.

“The Jacksonville Harbor Deepening project is the single biggest opportunity to grow our port and reach our potential as a major gateway for international trade,” said JAXPORT Chairman Jim Citrano. 

The port has recorded an average of 21 percent annual growth in Asian container volumes during the past five years and is now served by the largest international shipping alliances operating between Asia and the east coast of the U.S.

 

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