Florida International Terminal (FIT), operated by SAAM Terminals, has successfully renewed its lease agreement at Port Everglades for another ten years.
As part of the contract, which runs until 2035, FIT plans to invest US$25 million in the container terminal over the next 24 months to improve sustainability and efficiency.
“Our entire team has been working on this goal for over two years and we have been preparing the terminal with investments to continue positioning the terminal as one of the leading cargo terminals in South Florida, with the best service to customers in the region,” said FIT’s chief executive, Justin P. Weir.
In 2018, the terminal invested US$5 million to modernise, doubling its capacity to dispatch containers. In the last year, FIT has continued to add new services to its routes which plough the north-south trade lanes into the US from Central America, South America and the Caribbean.
“FIT has been a great partner in helping to improve the port’s operational efficiency, and we applaud their ongoing investments to move cargo faster, advance green initiatives and contribute to our local economy,” said Glenn Wiltshire, acting port director of Port Everglades.
“We look forward to another decade of economic growth for FIT and the port.”
FIT is one of the ten ports operated by SAAM Terminals in the Americas Last year the terminal transferred 296,000 teu and 2.5 million tons of cargo. There are four berths available with a maximum draft of 12.8 metres, along with six of the highest low-profile ship-to-shore cranes in the world, capable of handling 12,000 teu class vessels.
