TERMINAL Investment Limited (TiL), the ports unit of the world’s largest container carrier Mediterranean Shipping Co (MSC) and port operator Ports America have joined the Port of New Orleans (Port NOLA) and the State of Louisiana to build a US$1.8 billion container terminal on the Lower Mississippi River. The new Louisiana International Terminal (LIT) project in St Bernard Parish will see $800 million invested by New Jersey-based Ports America and TIL, in addition to ‘substantial commitment’...