Construction of MSC Rotterdam terminal delayed

The planned development of Louisiana International Terminal (LIT) downstream of the Port of New Orleans on the Mississippi River has received another financial boost, with it securing over US$226M in new federal funding.

APM Terminals (APMT)has finally agreed a deal with Plaquemines Port Harbor and Terminal District to help build and operate a new container terminal in Plaquemines Parish on the west bank of the Mississippi River about 20 miles south of New Orleans.

The Spanish Government is set to approve Valencia Port Authority’s (APV) plan to develop a new container terminal in its northern extension area.

Brazil’s Ministry of Ports and Airports and the Santos Port Authority have extended Brasil Terminal Portuário’s (BTP) concession at the country’s largest container port by 20 years.

The Port of New Orleans (Port NOLA) is to receive US$73.77M from the federal government to support the development of its Louisiana International Terminal (LIT). LIT is to be built as the port’s new container gateway and to facilitate cargo movements on the Mississippi River and inland waterways of the United States.

Terminal Investment Ltd (TiL), which is the ports operating arm of Mediterranean Shipping Co, is strengthening its activities in India by buying a 49% shareholding in Adani Ennore Container Terminal Pvt Ltd (AECTPL). The terminal is located on the Bay of Bengal coast of India about 30km north of Chennai.