The Jacksonville Port Authority (JAXPORT) announced the completion of a new lease agreement with Sea Star Line LLC, a port tenant for the past 23 years. The term of the agreement is 20 years with two renewal options of 10 years each and includes the use of more than 52 acres of land at JAXPORT's Blount Island Marine Terminal. Sea Star is a privately owned and operated shipping company with corporate headquarters in Jacksonville, Fla. Sea Star has operated out of JAXPORT facilities since 1990, initially at the Talleyrand Marine Terminal, before moving to Blount Island in 1994. "This long-term lease underscores Sea Star's continued commitment to JAXPORT and the Northeast Florida region," said JAXPORT Interim CEO Roy Schleicher. "Our enduring partnership with this industry leader contributes greatly to Jacksonville's success as the U.S. gateway for trade with Puerto Rico and the Caribbean. "In addition, Sea Star's leadership on environmental protection illustrated by Sea Star's affiliate, TOTE Shipholdings, Inc.'s recent move toward LNG powered vessels, certainly aligns with JAXPORT's vision for the future." "Our company is pleased that Sea Star and JAXPORT are opening another long and positive chapter in our shared history," said Peter Keller, President of Sea Star LLC. "Our mutual commitment to serving the people of Puerto Rico and the Caribbean with safe, superior service can now continue for decades to come."