LIT development awarded more federal funds

The Port of New Orleans marks the highest volume of container moves by barge since the service’s inception in 2016.

The ambitious project of Mediterranean Shipping Company (MSC) to build a new 6-7 M TEU capacity container terminal in the port of Rotterdam could be delayed by at least one year.

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.