In a race to lure jumbo cargo ships up the Mississippi River, Plaquemines Port Harbor and Terminal District has signed a preliminary deal with APM Terminals to build a 900-acre container terminal about 20 miles south of the Port of New Orleans.
Under terms of the agreement, Plaquemines Port will lease the land to APM Terminals for at least 30 years. The initial construction phase will begin with a 200-acre development that includes a container terminal with on-dock railing and a berth capable of...