The energy feels different around the Seagirt Marine Terminal in the Port of Baltimore this week as it was announced that Ports America Chesapeake (PAC), a part of Ports America Group, would be the operator of the container freight transport terminal after they signed on the dotted line of a fifty-year lease and concession contract. Ports America Chesapeake was formed by Ports America Group recently in order to be the daily operator for the Seagirt Marine Terminal.
This is great news for the freight transport workers moving the containers coming through the Seagirt Marine Terminal and the Port of Baltimore as this should allow the terminal to go forward with plans to turn the Port of Baltimore into one of only two eastern ports of America that are capable of handling the arrival of the Super Post Panamax container ships that will start arriving sometime after the Panama Canal expansion is completed in 2014, hopefully.
Plans call for Ports America Chesapeake to provide the funds that are required to make the changes they want to make to the terminal and Port of Baltimore to make it capable of handling extra large container ships. This is going to be an expensive venture to fund and they have a lot of planning to do and work to finish, before they can smile. Once they get the changes completed, though, they’ll be set up to take advantage of the changes that will happen after the Panama Canal is widened enough to allow for Super Post Panama container ships to make it through.
Business in industries related to making the changes to the terminal and the Port of Baltimore and getting ready for the expected extra large container ships is getting under way, but the benefits of the work won’t be felt at first. In the years to follow this decision should turn out to be a good one and will provide jobs and business for a variety of industries in the Baltimore, Maryland area.
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