AAPA Seaports Advisory

Liner Shipping: Port Everglades

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Port Everglades: King Ocean and Crowley Expand Services with New Vessel Sharing Agreement

Long-time Port Everglades customers King Ocean Services Limited, Inc. and Crowley Caribbean Services, LLC, have entered into a vessel sharing agreement (VSA) that will expand their reach into the port's top trade market, Central America.

In addition, King Ocean will sail its own ship from Port Everglades to Costa Rica for the first time as the VSA calls for alternating ships weekly with Crowley on this route.

Sailings depart Port Everglade on Fridays, arriving Tuesdays in Puerto Limon (Costa Rica) and Wednesdays in Manzanillo (Panama). Northbound, the ships depart Wednesdays from Panama, Fridays from Costa Rica, and arrive Tuesdays in Port Everglades.

The agreement authorizes Crowley to charter space to King Ocean in the trade from the U.S. East Coast to Trinidad. It also allows King Ocean to charter space to Crowley in the trade from the U.S. East Coast to St. Lucia and Barbados. Additionally, the parties may charter space to each other on an as needed/as available basis for the northbound movement of empty containers.

Central America accounts for 37 percent of Port Everglades’ international trade. Refrigerated cargo such as pineapples and melons rank among the top imports.

"We are pleased that Crowley and King Ocean found a mutually beneficial way to provide expanded services to their customers," said Port Everglades Business Development Director Jim Pyburn.

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