GREEN LIGHT FOR APMT & PLAQUEMINES
Plaquemines Port, Harbor and Terminal District (PPHTD) has signed a Letter of Intent which confi rms that APM Terminals (APMT) will become the operator of the new container terminal and intermodal facility to be developed at the port. The agreement follows a six-month review process.
Core to the development strategy underpinning the terminal is extensive use of the Mississippi river system for importers seeking to access markets in the South and Midwest and exporters looking to secure efficient and economic means to serve overseas markets.
Exploitation of the river system on a scale not seen before in a container context will be undertaken in conjunction with American Patriot Holdings (APH).
APH’s innovative, 2375-TEU liner vessel design will provide Mississippi River transport as far north as Saint Louis.
The terminal will feature 8200ft of Mississippi River frontage, cover up to 1000 acres and will be developed with environmental considerations uppermost in mind – electricity and natural gas will be primary power sources.
Located just 50 miles from the Gulf of Mexico the Phase One construction is expected to be completed in two years and will deliver the capability to handle 22,000TEU class vessels.
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