Crowley invests $48.5m in Puerto Rico port

Crowley invests $48.5m in Puerto Rico port

San Francisco: Multinational transportation and logistics player Crowley on Monday inked a $48.5m construction contract for a new pier at San Juan port in Puerto Rico.

Jacksonville, Florida-based Crowley will build the pier at the company’s Isla Grande Terminal and, in a further commitment to the US island territory, Crowley also concluded a 30-year lease extension for the Isla Grande property with the Puerto Rico Ports Authority.

The pier-building contract, which Crowley Puerto Rico Services signed with Puerto Rico construction firm LPC&D Inc, calls for a 900-foot-long concrete pier along with associated dredging. When complete the pier should be able to dock Crowley’s two new liquefied natural gas-powered ships.

Construction is expected to be complete in April 2017, in time for the inaugural call of the first new Commitment Class ship, El Coqui.

Crowley Puerto Rico Services is part of Crowley Maritime which has become a venerable presence in the logistics industry since being founded in 1892.

Donal Scully

With 28 years experience writing and editing for newspapers in the UK and Hong Kong, Donal is now based in California from where he covers the Americas for Splash as well as ensuring the site is loaded through the Western Hemisphere timezone.

Related Posts