Port Freeport, in a strategic move, has executed a lease agreement with Chiquita Fresh North America, effective from June 13, 2024. This agreement extends their partnership for a 5-year term, with an option for a further 5-year extension. Phyllis Saathoff, Executive Director/CEO of Port Freeport, highlighted the longstanding relationship with Chiquita, dating back to 1993, underscoring the mutual commitment to continue this partnership.
The collaboration is set to enhance operational efficiency and safety at Port Freeport, particularly with the expansion and modernization of Velasco Container Terminal. This development is in line with Port Freeport's ambition to cement its position as a key hub for green fruit in the U.S. Gulf, supporting customer growth and efficient product delivery to the Texas market and beyond. Ravi Singhania, Port Commission Chairman, emphasized the broad economic benefits of this agreement, impacting the Brazosport area, the Greater Houston Region, and extending throughout Texas and the United States.
Chiquita's import volumes are on an upward trajectory at Port Freeport. The agreement facilitates the installation of an additional 50 reefer plugs to accommodate this growth, while also providing export opportunities for local manufacturers to Central America.
Source: ajot.com