NORTH AMERICA

Ports America seals Seagirt deal

17 years ago

Marylands Seagirt Marine Terminal has been signed over on a 50-year lease to Ports America Chesapeake in a public-private partnership valued at $1.3bn to the State of Maryland over the life of the agreement.

As US Defence Secretary Robert Gates pointed out: “You cannot fully meet the needs of over 2m people just using helicopters.” He had just signed the orders for the deployment of harbour-clearing ships and other vessels, Bloomberg reported yesterday.