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,...
You cannot have offshore wind without ports — and the Oceantic Network reports that it has already seen $4 billion in new investments being made in offshore wind ports up and down the U.S. East Coast, putting thousands to work building enormous civil infrastructure projects.
The Oceantic Network has identified 25 U.S. ports currently involved in offshore wind or undergoing development to support the industry, with dozens more rumored or planned. These range from $20 million projects, like...
As the first vessel successfully transited the Baltimore temporary channel established following the collapse of Baltimore’s Francis Scott Key Bridge, the Unified Command responding to the disaster announced plans to establish a second alternate channel.
The first vessel transiting the temporary channel, at 3.00 p.m. yesterday was the tugboat Crystal Coast pushing a fuel barge used to supply jet fuel to the Department of Defense, It was transiting to Dover Air Force Base.
The first...
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,...
Evidence of what was once the largest steel plant on the U.S. East Coast has rapidly disappeared as distribution centers begin to cover the 3,300-acre site near Baltimore.
Six years ago, industrial real estate developers Hilco Real Estate and Redwood Capital Investments acquired the former Bethlehem Steel plant property at Sparrows Point, Maryland, and began to transform the site through their joint venture, Tradepoint Atlantic.
After several years of remediation, the first distribution centers...
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