The Port of San Diego and Dole Fresh Fruit Company will next week sign a 24.5-year lease agreement that covers 954,864ft2 of space at the port’s 10th Avenue Marine Terminal.
The lease term marks an unprecedented move by Dole since the company typically chooses lease terms of five or ten years, according to a news statement from the Port of San Diego.
The new lease extends Dole’s operating area to a warehouse offsite from the 10th Avenue Marine Terminal, which will eliminate truck staging and off-terminal operations from nearby residential areas.
Under the terms of the agreement, the port and Dole will work together on infrastructure improvements that will improve cargo operations at the port, and improve the environment for the neighbouring community.
The port said it will be investing approximately US$7m in shore power equipment at the 10th Avenue Marine Terminal that will service Dole’s vessels, as required by new California Air Resources Board regulations.
Stuart Jablon, Dole Fresh Fruit Company’s vice-president of operations, along with Lou Smith, chairman of the board of port commissioners, will attend a signing ceremony on 14 August at the Port of San Diego's Administration Building.
Dole Fresh Fruit Company, a division of Dole Food Company, is the largest importer of bananas and the second-largest importer of pineapples in North America.
The company has operations in 90 countries and over 75,000 full time and seasonal employees.
The Port of San Diego is Dole’s first stop for fresh fruit moving into the US from South America.
The port receives approximately 95,000 twenty-foot containers of Dole fruit each year.
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