Crowley renews lease agreement for Port Everglades’ terminal
The US-based Crowley Liner Services has entered into a new 10-year agreement with the Broward County Board of County Commissioners to lease and operate a 99-acre marine terminal at Port Everglades.
The renewed agreement, which also includes two five-year extension options, was worth a total of US$157.8m.
The lease agreement combines Crowley’s original 74-acre leasehold with the 25-acre leasehold owned by the company’s subsidiary SeaFreight and acquired by Crowley in October 2015.
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