Don Bauder 5:30 p.m., March 10
Long Lease Announced for Major Port Tenant
Dole Fresh Fruit Company, one of the Port of San Diego’s largest tenants and the country’s largest banana importer and second-largest pineapple importer, is set to sign a 24.5-year lease to keep operations in San Diego.
Dole controls nearly 22 acres at the Port’s Tenth Avenue Marine Terminal, where 95,000 containers of fruit are unloaded from ships annually.
As part of the agreement, the Port will spend up to $7 million in shore power equipment to service Dole vessels, as required by California Air Resources Board regulations. The shore power will reduce regional air pollution by allowing the ships to power down their large diesel generators while in port.
The Board of Port Commissioners is set to vote on whether or not to approve the lease next Tuesday, but approval appears to be a foregone conclusion, as the Port has already announced a lease-signing ceremony that will take place at 1 p.m. following the meeting.
More like this:
- Food fight: Dole CEO accused of taking company private on the cheap — June 14, 2013
- Dropping anchor — Nov. 16, 2012
- Port Approves $150 Million Budget — July 5, 2012
- Port Seeks New National City Tenants — June 19, 2012
- Port Tenant to Install Shore Power System — Dec. 29, 2011