Study: Sparrows Point Terminal to add US$1.54 b annually to Maryland economy
NewsThe economic impact study forecasts that the Sparrows Point Container Terminal will contribute US$1.54 billion annually to Maryland’s economy.
Ports America bags Seagirt concession
The Maryland Port Administration (MPA) has awarded a 50-year concession to Ports America to operate and further develop the 200-acre Seagirt Marine Terminal at the Port of Baltimore.
Under the terms of the agreement, which is subject to approval by the Board of Public Works, Ports America will build a new deepwater berth at the facility that is expected to accommodate the larger vessels that are expected to call at Baltimore when the Panama Canal expansion project is completed in 2014.
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This complete item is approximately 300 words in length, and appeared in the December 2009 issue of WorldCargo News, on page 6. To access this issue download the PDF here.
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