Ceres Terminals and JAXPORT announce long-term, $60 million investment in TraPac Jacksonville container terminal
The JAXPORT Board of Directors today unanimously approved a 20-year, $60 million agreement between Ceres Terminals and JAXPORT for the lease and modernization of the TraPac Jacksonville container terminal in Jacksonville, Florida. In a separate transaction, Ceres will purchase the terminal’s previous leaseholder, terminal operator TraPac Jacksonville, LLC from Mitsui O.S.K Lines, Ltd. (MOL), subject ...