Baltimore expansion to boost prospects
Maryland Port Administration (MPA) has purchased 70 acres of land near the Seagirt Marine Terminal on Broening Highway in Baltimore to help to accommodate additional cargo opportunities at the Port of Baltimore.
Governor Larry Hogan said: “Since welcoming our first big container ship through the newly expanded Panama Canal last year, the Port of Baltimore has seen a significant jump in its container business. With the purchase of additional land, the port will have more ability to handle the increased economic activity while generating new job opportunities for Maryland citizens.”
The MPA plans to use the additional land as a container storage location but can use it for autos and ro-ro storage as well. Approximately 1,650 direct jobs are expected to be generated from the purchase.
This represents the first new land purchase for cargo opportunities by the MPA in 30 years, when land was purchased at the Fairfield Marine Terminal for autos.