Sparrows Point Container Terminal aims to be third largest on U.S. East Coast

Maryland’s Tradepoint Atlantic in Sparrows Point, Md., was much in the news lately as the only the only portion of the Port of Baltimore that remained accessible and operational following the collapse of the Francis Scott Key Bridge. Further down the road, though, it is set to have an even bigger role in the regional economy as home to the Sparrows Point Container Terminal (SPCT).

Announced in 2022, SPCT is a $1-billion, 330-acre redevelopment project that will add a new container terminal,...

https://www.marinelog.com/inland-coastal/ports-terminals/sparrows-point-container-terminal-aims-to-be-third-largest-on-u-s-east-coast/

Why “Ag Coast” ports are backing Port NOLA’s new $1.8 billion container terminal

New container terminal is not just about bringing big ships in

The Port of New Orleans is pushing ahead on its plans to develop the new Louisiana International Terminal (LIT). The new $1.8 billion state-of-the art container terminal will eliminate air-draft restrictions that limit the size of vessels that can currently call Port NOLA, allowing it to serve vessels of all sizes. Just as importantly, as well as welcoming ocean giants, the new terminal will also strengthen the flow of inland river container traffic and the St. Louis regional ports and the St....

https://www.marinelog.com/news/why-ag-coast-ports-are-backing-port-nolas-new-1-8-billion-container-terminal/

What do seaport executives expect for the rest of 2023?

WASHINGTON — With the first quarter of 2023 officially in the books, U.S. seaports want to know what the rest of the year holds as they prepare for what they hope will be a fall peak shipping season.

A panel of port executives who gathered here this week for the American Association of Port Authorities’ annual legislative summit (this year’s moniker, “Strong Ports. Strong America.”) attempted to answer that question.

“If you’re looking at current volumes coming through, we’re definitely...

https://www.freightwaves.com/news/what-does-the-rest-of-2023-look-like-from-the-waterfront

Maryland Governor unveils new container terminal plans at port of Baltimore

A new partnership between Tradepoint Atlantic and Terminal Investment Limited (TIL) has been announced aiming to the development of a new box terminal at the port of Baltimore in the United States.

State and local leaders have agreed to support the continued development of the port. The partnership of Tradepoint Atlantic and MSC’s terminal subsidiary aims to create a 265,000m² on-site rail served container terminal at Coke Point.

This project is expected to create 1,000 new jobs in the area,...

https://container-news.com/maryland-governor-unveils-new-container-terminal-plans-at-port-of-baltimore/

Hutchison Ports, MSC’s TIL want to develop new container terminal in Rotterdam

Hong Kong-based Hutchison Ports and Terminal Investment Limited Sàrl (TIL), the terminal investment company of Swiss container shipping giant Mediterranean Shipping Company (MSC), revealed their intention to develop a new container terminal in the Europahaven, Rotterdam.

The post Hutchison Ports,...

https://www.offshore-energy.biz/hutchison-ports-mscs-til-want-to-develop-new-container-terminal-in-rotterdam/

M&A radar: Deal talk swirls around DP World

“Sultan Ahmed Bin Sulayem, group chairman and CEO of DP World, rang the market-opening bell at Nasdaq Dubai today to celebrate the listings of two Sukuk and two conventional bonds with a total value of $2.3bn. DP World will use the capital raised for debt refinancing and to fund growth opportunities. The listings, carried out during 2019, comprise two Sukuk of one billion US dollars and $500m, and two conventional bonds of …

The post M&A radar: Deal talk swirls around DP World appeared first on T...

https://theloadstar.com/ma-radar-deal-talk-swirls-around-dp-world/