Marine link
 

Port Everglades And Kings Ocean In Preliminary Agreement For Increased Service

A memorandum of understanding was signed between Port Everglades and carrier King Ocean, which will form the basis for a lease and operating agreement. The agreement was presented to the Port Authority Commission at two public hearings, May 19 and June 2, for review and recommended approval.

King Ocean de Venezuela and King Ocean Central America will provide greater weekly service from the port to Central and South America, bringing more than 200 ship calls per year and a projected 635,000 new tons of cargo to the seaport — making King Ocean the third largest carrier at Port Everglades, behind only Crowley Maritime and Sea-Land Service, Inc. The carrier will move to Port Everglades and operate from 18 acres in the port's Midport Container Terminal. The Midport acreage has become available due to the relocation of Sea- Land to Port Everglades' Southport Container Terminal. Over the agreement's five-year term, King Ocean will bring $11 million in revenue to the seaport and a total economic impact to the Broward County economy in excess of $1.2 billion. During FY '93, Port Everglades posted a 31 percent increase in container tonnage over the previous year, with 2.1 million tons passing over the seaport's docks.




Port Authority History

AAPA Names Environmental Award Winners
AAPA Names Nagle President And CEO
Braking New Ground; Creating New Opportunities
Brazilian Joint Venture Delivers Brazilian Venture
Cascade General Wins Portland Ship Yard Bid
China Port Expansion Spells Opportunity For U.S. Companies
Coast Guard Considers Seven Port Zones For Establishing New Vessel Tracking System
Great Lakes Towing Co. Kicks Off Navigational Season
Hong Kong To Build First Terminal Handling Pearl River Delta Cargo
Hvide Investment Signals Consolidation Continuation
I.s. And Japan Resolve Port Dispute
INTERTANKO: Zero Waste At Sea Is Possible
Kopphil Shipyard Clindios $6 Million In Now Contracts
MarAd OKs Israel's Use Of Foreign Flag-Ships For U.S. Grain Shipments
NEWTARGET: International Fast Ferry Market
One Plus One Equals One
Panamanian Vessel Sunk To Create Artificial Reef
Pena Accepts Port Award, Stresses Highway System Legislation
Port Everglades And Kings Ocean In Preliminary Agreement For Increased Service
Port States And Flag States: WHAT THE FLAG STATE C A N D O TO HELP THE SHIPOWNER WHEN THE PORT STATE INTERVENES
RoRo ' 94
Senate Committee Holds Hearing On Hathaway And Scroggins Nominations
Setchell Named TT Club Director
ShipNet: Information Solutions For Shore And Ship
TSS Ltd., U.K., Supplies Electronic Motion Compensation System For U.S. Dredging Project
U.S. Ports' Agenda: Focus Is On Infrastructure
Valmet Introduces New Coupling To Improve Safety
Viet Porlex'97 Merges With Maritime Vietnam For Asian Exhibition
Wallenius Delivers 100,000th Deere Unit At Galveston
Worldport LA Receives Go-Ahead For Activation Of Foreign Trade Zone
 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright