Ports America and Port Tampa Bay extend terminal concession

Ports America, which currently operates Florida’s Port Tampa Bay Container Terminal, has signed an amended container agreement with the Tampa Bay port authority which will be valid until May 2046.

The company also agreed to a new breakbulk concession of five years which includes two one-year concession options.

Ports America stevedoring president Tom Perdue stated that the terminal operator and the port authority were looking “forward to increasing containerised imports from vessels arriving through the newly expanded Panama Canal as well as trans-Atlantic cargo shipments.”