Jacksonville Port Authority (Jaxport) has signed a 30-year agreement with US marine terminal and logistics provider Enstructure for the lease and development of a 32-hectare facility at the port’s Talleyrand Marine Terminal.
Enstructure will be begin leasing the space in late 2025 when Southeast Toyota Distributors relocates to the Blount Island Marine Terminal, also at Jacksonville port. The distributor is moving to a single 35.6-hectare property at Blount Island. Jaxport said that combining operations there would create operational efficiencies and additional capacity for more vehicles. The agreement at Blount Island will run for 25 years with three additional five-year options for renewal.
Jaxport told Automotive Logistics previously that it is building up its ro-ro capabilities to ensure congestion-free operations for all of its customers. As well as Toyota they include Mazda, Nissan, VW Group and Ford.
When Enstructure takes over at Talleyrand its facility will provide service for multiple cargo types, including breakbulk, dry bulk, vehicles and containers. The lease is equal to $136m over the term of the contract. It also calls for Enstructure to develop at least 18 580 sq.m of new on-terminal warehousing at Talleyrand.
Enstructure owns Seaonus Stevedoring, which already operates at Jaxport and has done for 27 years. The combined footprint for the parent company and its subsidiary at the Talleyrand terminal will be 46.5 hectares from 2025.
“Enstructure is one of our longest standing tenants and we are proud to support their continued success in Jacksonville,” said Eric Green, CEO of Jaxport. “This agreement allows us to build on our cargo diversification, while also supporting the growth of an experienced terminal operator that has contributed so much to the growth of our port.”